Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
According to the public record, 3, Groves Close, South Ockendon is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 751 ft2 of internal area and sits on a 112 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Groves Close, South Ockendon is £345,539 and the estimated rental value is £1,771 per month.
Groves Close, South Ockendon, RM15 is located within the RM15 postal district.
3, Groves Close, South Ockendon has 21 entries in the Land Registry , most recently in July 2012 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 3, Groves Close, South Ockendon is in very good condition we estimate a sale value of £362,816 and a rental value of £1,860 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £321,352 and a rental value of £1,647 per month.
Over the last 12 months the sale value of 3 Groves Close South Ockendon has increased by an estimated £4,534 (1.3%) and its rental value has increased by an estimated £51 per month (2.9%), giving an expected gross yield of 6.2%.
According to data from HM Land Registry, 3, Groves Close, South Ockendon sits on a plot of 112m2.
We have plot size data on 17 out of 17 other houses in the postcode and 3, Groves Close, South Ockendon sits on the 15th largest plot.
According to HM Land Registry, 3, Groves Close, South Ockendon was last sold on 16th July 2012 for £148,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2012, the market for similar properties has risen 125.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Groves Close, South Ockendon within a radius of 780 metres over the last 2 years.
The most recent example is 53, Fyfield Drive, South Ockendon, RM15 5QE, a freehold house which sold for £420,000 on the 15th April 2024.
Read more about house prices in RM15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Groves Close, South Ockendon, RM15 has a total of 17 addresses. According to our analysis of all the public data, 3, Groves Close, South Ockendon is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £6k more expensive than the average property in RM15.
The closest station to 3, Groves Close, South Ockendon is Ockendon station which is 2.3 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Groves Close, South Ockendon, 46.5% of property is privately owned with a mortgage and 21.7% 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 3, Groves Close, South Ockendon, 23.7% of residents are recorded as possessing school level qualifications and 21.7% 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 3, Groves Close, South Ockendon, the average age was 35.9 and the most common age was 12.
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 3, Groves Close, South Ockendon, 0.3% 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 3, Groves Close, 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.
