47, Meadow Drive
47, Meadow Drive
Description & Estimates
47, Meadow Drive, South Ockendon is recorded publicly as a modern leasehold house across 1,108 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 47, Meadow Drive, South Ockendon is £456,277 and its rental estimate is £2,221 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
47, Meadow Drive, South Ockendon has a single entry in the Land Registry from March 2016 and a single entry in the EPC database dated February 2016.
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 47, Meadow Drive, South Ockendon, we estimate a market value of £479,091 and a rental value of £2,332 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £424,338 and £2,065 per month respectively.
Recent Market Change
Over the last year, 47, Meadow Drive, South Ockendon has seen its estimated sale value grow by £2,768 (0.6%) and its estimated rental value climb by £67 per month (3.0%). This results in an estimated gross rental yield of 5.8%.
Energy Efficiency
47, Meadow Drive, South Ockendon has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Feb 2016.
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 47, Meadow Drive, South Ockendon completed on 7th March 2016 at £317,500 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 29.6% over the period since March 2016.
- Sold Mar 2016£317,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 47, Meadow Drive, South Ockendon have sold within a radius of 800 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th September 2023, was 57, Brinson Way, South Ockendon, RM15 4EF, a leasehold house which sold for £425,000.
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, 47, Meadow Drive, South Ockendon comes out as the 24th largest and the 23rd most expensive in our analysis of the public data.
It is also £119k more 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 47, 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.
