48, Meadow Drive
48, Meadow Drive
Description & Estimates
Public records show 48, Meadow Drive, South Ockendon to be a modern leasehold house with 1,108 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
48, Meadow Drive, South Ockendon has an estimated sale value of £456,277 and an estimated rental value of £2,221 per month, assuming reasonable condition and based on the information available.
Meadow Drive, Aveley, South Ockendon, RM15 lies within the RM15 postal district.
Our Data Sources
48, Meadow Drive, South Ockendon has a single entry in the Land Registry from February 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
In very good condition, we estimate 48, Meadow Drive, South Ockendon would be worth £479,091, with a potential rental value of £2,332 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £424,338, with a rental value of £2,065 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 48, Meadow Drive, South Ockendon has climbed by £2,768 (0.6%) over the last year. During the same period, its estimated monthly rental value has risen by £67 (3.0%). The property's estimated gross yield is currently 5.8%.
Energy Efficiency
48, 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
48, Meadow Drive, South Ockendon last changed hands on 26th February 2016, selling for £310,000. The transaction was logged as a leasehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 31.3% since February 2016.
- Sold Feb 2016£310,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 810 metres of 48, Meadow Drive, South Ockendon across the last 2 years.
Most recently, 57, Brinson Way, South Ockendon, RM15 4EF, a leasehold house, sold at £425,000 on the 7th September 2023.
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
Our analysis of the public data ranks 48, Meadow Drive, South Ockendon as the 23rd largest and the 22nd most expensive of the 57 addresses on Meadow Drive, Aveley, South Ockendon, RM15.
Against the RM15 postcode district average, it is £119k more expensive than the typical property.
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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
Chafford Hundred Lakeside station is the nearest stop to 48, Meadow Drive, South Ockendon at 2.6 kilometres away.
- 2.6kmChafford Hundred Lakeside
- 2.8kmPurfleet
- 3.1kmOckendon
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
