47, Garron Lane
47, Garron Lane
Description & Estimates
47, Garron Lane, South Ockendon is recorded publicly as a mid-century leasehold apartment across 495 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 47, Garron Lane, South Ockendon is £154,099 and its rental estimate is £1,156 per month, given the available information and assuming reasonable condition.
Garron Lane, South Ockendon, RM15 falls within the RM15 postal district.
Our Data Sources
47, Garron Lane, South Ockendon has a single entry in the Land Registry from May 2008 and a single entry in the EPC database dated May 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 47, Garron Lane, South Ockendon, we estimate a market value of £161,804 and a rental value of £1,214 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £143,312 and £1,075 per month respectively.
Recent Market Change
Over the last year, 47, Garron Lane, South Ockendon has seen its estimated sale value rise by £63 (0.0%) and its estimated rental value move up by £29 per month (2.5%). This results in an estimated gross rental yield of 9.0%.
Energy Efficiency
47, Garron Lane, South Ockendon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 May 2022.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 47, Garron Lane, South Ockendon completed on 14th May 2008 at £111,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 66.0% over the period since May 2008.
- Sold May 2008£111,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 47, Garron Lane, South Ockendon have sold within a radius of 720 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th November 2024, was 25, Dale Close, South Ockendon, RM15 5DR, a leasehold flat which sold for £180,000.
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 116 addresses on Garron Lane, South Ockendon, RM15, 47, Garron Lane, South Ockendon comes out as the 111th largest and the 115th most expensive in our analysis of the public data.
It is also £184k less expensive than the average property across the RM15 district.
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Schools Nearby
- 100mDilkes Academy
- 500mSomers Heath Primary School
- 700mHoly Cross Catholic Primary School
- 800mHarris Academy Ockendon
- 1.3kmOrmiston Park Academy
- 3.1kmHarris Academy Chafford Hundred
More reading links
Public Transport Nearby
From 47, Garron Lane, South Ockendon, the nearest station is Ockendon, 2.0 kilometres away.
- 2.0kmOckendon
- 2.6kmChafford Hundred Lakeside
- 3.9kmPurfleet
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.
