16, Meadow Drive
16, Meadow Drive
Description & Estimates
16, Meadow Drive, South Ockendon is recorded publicly as a modern leasehold apartment across 678 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 16, Meadow Drive, South Ockendon is £228,131 and its rental estimate is £1,425 per month, given the available information and assuming reasonable condition.
Meadow Drive, Aveley, South Ockendon, RM15 falls within the RM15 postal district.
Our Data Sources
16, Meadow Drive, South Ockendon has 2 entries in the Land Registry , most recently in July 2021 and a single entry in the EPC database dated June 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 16, Meadow Drive, South Ockendon, we estimate a market value of £239,538 and a rental value of £1,497 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £212,162 and £1,326 per month respectively.
Recent Market Change
Over the last year, 16, Meadow Drive, South Ockendon has seen its estimated sale value grow by £93 (0.0%) and its estimated rental value climb by £36 per month (2.5%). This results in an estimated gross rental yield of 7.5%.
Energy Efficiency
16, Meadow Drive, South Ockendon has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Jun 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 16, Meadow Drive, South Ockendon completed on 23rd July 2021 at £225,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 4.5% over the period since July 2021.
- Sold Jul 2021£225,000
- Sold Jun 2014£145,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16, Meadow Drive, South Ockendon have sold within a radius of 690 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st October 2024, was 63, Brinson Way, South Ockendon, RM15 4EF, a leasehold flat which sold for £265,000.
Read more about house prices in RM15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 57 addresses on Meadow Drive, Aveley, South Ockendon, RM15, 16, Meadow Drive, South Ockendon comes out as the 39th largest and the 40th most expensive in our analysis of the public data.
It is also £110k less expensive than the average property across the RM15 district.
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Schools Nearby
- 400mAveley Primary School
- 900mKenningtons Primary Academy
- 1.2kmDilkes Academy
- 500mOrmiston Park Academy
- 1.8kmHarris Academy Ockendon
- 2.9kmHarris Academy Riverside
More reading links
Public Transport Nearby
From 16, Meadow Drive, South Ockendon, the nearest station is Chafford Hundred Lakeside, 2.6 kilometres away.
- 2.6kmChafford Hundred Lakeside
- 2.8kmPurfleet
- 3.1kmOckendon
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
