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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 1, Erriff Drive, South Ockendon is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 603 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Erriff Drive, South Ockendon is £298,185 and the estimated rental value is £1,588 per month.
Erriff Drive, South Ockendon, RM15 is located within the RM15 postal district.
1, Erriff Drive, South Ockendon has a single entry in the Land Registry from January 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Erriff Drive, South Ockendon is in very good condition we estimate a sale value of £313,094 and a rental value of £1,668 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £277,312 and a rental value of £1,477 per month.
Over the last 12 months the sale value of 1 Erriff Drive South Ockendon has increased by an estimated £5,672 (1.9%) and its rental value has increased by an estimated £51 per month (3.2%), giving an expected gross yield of 6.4%.
According to HM Land Registry, 1, Erriff Drive, South Ockendon was last sold on 19th January 2008 for £145,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2008, the market for similar properties has risen 119.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Erriff Drive, South Ockendon within a radius of 500 metres over the last 2 years.
The most recent example is 59, Annalee Gardens, South Ockendon, RM15 5DE, a freehold house which sold for £287,592 on the 2nd October 2023.
Read more about house prices in RM15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Erriff Drive, South Ockendon, RM15 has a total of 113 addresses. According to our analysis of all the public data, 1, Erriff Drive, South Ockendon is the 113th largest and the 113th most expensive property on the street.
When compared to the postcode district it is £41k less expensive than the average property in RM15.
The closest station to 1, Erriff Drive, South Ockendon is Ockendon station which is 1.1 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1, Erriff Drive, South Ockendon, 39.3% of property is privately owned with a mortgage and 28.7% is socially rented.
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 1, Erriff Drive, South Ockendon, 28.0% of residents are recorded as possessing school level qualifications and 24.6% 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 1, Erriff Drive, South Ockendon, 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 1, Erriff Drive, South Ockendon, 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 1, Erriff Drive, South Ockendon, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
