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South Close is a residential street with 5 addresses.
It ranks as the 14th largest and 213th most expensive of the 268 streets in the RM15 area. The dominant property type is a modern house built after 1980.
The street contains a total of 5 properties: 5 houses.
South Close is a residential street with 5 addresses.
It ranks as the 14th largest and 213th most expensive of the 268 streets in the RM15 area. The dominant property type is a modern house built after 1980.
The street contains a total of 5 properties: 5 houses.
Sale prices range from £402,110 for 3 bedroom freehold houses with a garden (1,001 ft2) to £434,021 for 4 bedroom freehold houses with a garden (1,054 ft2) .
Monthly rental prices range from £2,011 pcm for 3 bed houses to £2,197 pcm for 4 bed houses.
The gross rental yield is between 6.0% and 6.1%.
The average value per square foot is £402.
The last sale on South Close sold for £395,000 on 18th August 2020. Since then prices are up an average of 21.8%.
The current average value in the street is £408,492.
The South Close Sales Market has increased by 35.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.1% | £408,492 |
| May 2025 | 3% | £404,059 |
| May 2024 | -4.6% | £392,137 |
| May 2023 | 2.6% | £411,188 |
| May 2022 | 13.3% | £400,798 |
| May 2021 | 5.4% | £353,730 |
| May 2020 | 2% | £335,709 |
| May 2019 | 0.4% | £329,132 |
| May 2018 | 2.8% | £327,940 |
| May 2017 | 5.7% | £319,132 |
| May 2016 | 18.6% | £302,065 |
| May 2015 | 17% | £254,663 |
| May 2014 | 13.3% | £217,710 |
| May 2013 | 2.6% | £192,131 |
| May 2012 | -0.9% | £187,173 |
| May 2011 | 0.8% | £188,857 |
| May 2010 | 9.7% | £187,268 |
| May 2009 | -15.8% | £170,683 |
| May 2008 | 3.4% | £202,639 |
| May 2007 | 0% | £196,069 |
The current average rental value in the street is £2,048.
The South Close Rental Market has increased by 56.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.4% | £2,048pcm |
| May 2025 | 4.9% | £1,981pcm |
| May 2024 | 7.8% | £1,888pcm |
| May 2023 | 15.7% | £1,751pcm |
| May 2022 | 7.4% | £1,514pcm |
| May 2021 | 2.6% | £1,410pcm |
| May 2020 | 4.3% | £1,374pcm |
| May 2019 | 1.3% | £1,317pcm |
| May 2018 | -0.1% | £1,300pcm |
| May 2017 | -0.4% | £1,301pcm |
| May 2016 | 7.4% | £1,306pcm |
| May 2015 | 6.9% | £1,216pcm |
| May 2014 | 5.6% | £1,137pcm |
| May 2013 | 3.9% | £1,077pcm |
| May 2012 | 5.4% | £1,037pcm |
| May 2011 | 3.9% | £984pcm |
| May 2010 | 6.6% | £947pcm |
| May 2009 | -4.5% | £888pcm |
| May 2008 | 5.5% | £930pcm |
| May 2007 | 0% | £881pcm |
The last sale was on 18th August 2020 for £395,000 and since then the market in the area has increased by 21.8%. The street has had a total of 7 sales since 1995.
South Close, South Ockendon, RM15 has seen no sales in the last three years and no sales in the last twelve months.
South Close, South Ockendon, RM15 is the 14th largest and the 213th most expensive street in the RM15 area.
There is 1 postcode on South Close, South Ockendon, RM15.
The closest station to South Close, South Ockendon, RM15 is Ockendon station which is 800 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around South Close, South Ockendon, RM15, 43.9% of property is privately owned with a mortgage and 30.1% is privately owned outright.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around South Close, South Ockendon, RM15, 21.2% of residents are recorded as possessing school level qualifications and 22.9% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around South Close, South Ockendon, RM15, the average age was 36 and the most common age was 32.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around South Close, South Ockendon, RM15, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around South Close, South Ockendon, RM15, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.