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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show 52, Mollands Lane, South Ockendon to be a modern freehold house with 1,011 ft2 of internal area, sitting on a 265 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
52, Mollands Lane, South Ockendon has an estimated sale value of £437,889 and an estimated rental value of £2,067 per month, assuming reasonable condition and based on the information available.
Mollands Lane, South Ockendon, RM15 lies within the RM15 postal district.
52, Mollands Lane, South Ockendon has a single entry in the Land Registry from January 2019 and a single entry in the EPC database dated April 2018.
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.
In very good condition, we estimate 52, Mollands Lane, South Ockendon would be worth £459,784, with a potential rental value of £2,170 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £407,237, with a rental value of £1,922 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 52, Mollands Lane, South Ockendon has risen by £5,549 (1.3%) over the last year. During the same period, its estimated monthly rental value has moved up by £73 (3.6%). The property's estimated gross yield is currently 5.7%.
52, Mollands Lane, South Ockendon occupies a 265 m2 plot as recorded by HM Land Registry.
Of the 39 other houses in this postcode, 33 have recorded plot sizes, and this one ranks as the 14th largest.
52, Mollands Lane, South Ockendon has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Apr 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
52, Mollands Lane, South Ockendon last changed hands on 10th January 2019, selling for £395,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 36.0% since January 2019.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 620 metres of 52, Mollands Lane, South Ockendon across the last 2 years.
Most recently, 54, Mollands Lane, South Ockendon, RM15 6DB, a freehold house, sold at £385,000 on the 10th August 2018.
Read more about house prices in RM15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 52, Mollands Lane, South Ockendon as the 54th largest and the 60th most expensive of the 105 addresses on Mollands Lane, South Ockendon, RM15.
Against the RM15 postcode district average, it is £100k more expensive than the typical property.
Ockendon station is the nearest stop to 52, Mollands Lane, South Ockendon at 700 metres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 52, Mollands Lane, South Ockendon, 40.9% of property is privately owned with a mortgage and 32.1% is privately owned outright.
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 52, Mollands Lane, South Ockendon, 16.9% of residents are recorded as possessing school level qualifications and 24.2% 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 52, Mollands Lane, South Ockendon, the average age was 36 and the most common age was 32.
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 52, Mollands Lane, 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 52, Mollands Lane, South Ockendon, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
