26, Torino Way
26, Torino Way
Description & Estimates
According to the public record, 26, Torino Way, South Ockendon is a modern leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 26, Torino Way, South Ockendon is £199,486 and the estimated rental value is £1,361 per month.
Torino Way, South Ockendon, RM15 is located within the RM15 postal district.
Our Data Sources
26, Torino Way, South Ockendon has a single entry in the Land Registry from June 2019 and a single entry in the EPC database dated May 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 26, Torino Way, South Ockendon is in very good condition we estimate a sale value of £209,460 and a rental value of £1,429 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £185,522 and a rental value of £1,266 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 26, Torino Way, South Ockendon has increased by £81 (0.0%), while its estimated rental value has grown by £34 per month (2.5%). Based on current estimates, the property offers a gross rental yield of 8.2%.
Energy Efficiency
26, Torino Way, South Ockendon has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 May 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 26, Torino Way, South Ockendon was last sold on 11th June 2019 for £182,495 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2019, the market for similar properties has dropped by 12.2%.
- Sold Jun 2019£182,495
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 26, Torino Way, South Ockendon within a radius of 530 metres over the last 2 years.
The most recent example is 15, Maverick Drive, South Ockendon, RM15 5FY, a leasehold flat which sold for £230,000 on the 27th September 2024.
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
Torino Way, South Ockendon, RM15 has a total of 38 addresses. According to our analysis of all the public data, 26, Torino Way, South Ockendon is the 37th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £138k less expensive than the average property in RM15.
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Schools Nearby
- 500mBonnygate Primary School
- 900mBenyon Primary School
- 1.0kmShaw Primary Academy
- 800mHarris Academy Ockendon
- 2.7kmOrmiston Park Academy
- 3.5kmWilliam Edwards School
More reading links
Public Transport Nearby
The closest station to 26, Torino Way, South Ockendon is Ockendon station, which is 500 metres away.
- 500mOckendon
- 3.6kmChafford Hundred Lakeside
- 5.2kmUpminster
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
