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Company No. 11113204
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According to the public record, 34, Torino Way, South Ockendon is a modern leasehold apartment with 570 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 34, Torino Way, South Ockendon is £211,341 and the estimated rental value is £1,405 per month.
Torino Way, South Ockendon, RM15 is located within the RM15 postal district.
34, Torino Way, South Ockendon has 2 entries in the Land Registry , most recently in June 2022 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.
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 34, Torino Way, South Ockendon is in very good condition we estimate a sale value of £221,908 and a rental value of £1,475 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £196,547 and a rental value of £1,307 per month.
Over the past 12 months, the estimated sale value of 34, Torino Way, South Ockendon has moved up by £86 (0.0%), while its estimated rental value has increased by £35 per month (2.5%). Based on current estimates, the property offers a gross rental yield of 8.0%.
34, 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.
According to HM Land Registry, 34, Torino Way, South Ockendon was last sold on 9th June 2022 for £200,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2022, the market for similar properties has dropped by 23.0%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 34, 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.
Torino Way, South Ockendon, RM15 has a total of 38 addresses. According to our analysis of all the public data, 34, Torino Way, South Ockendon is the 33rd largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in RM15.
The closest station to 34, Torino Way, South Ockendon is Ockendon station, which is 500 metres away.
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 34, Torino Way, South Ockendon, % of property is and % is .
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 34, Torino Way, South Ockendon, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 34, Torino Way, 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 34, Torino Way, South Ockendon, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
