54, Meadow Drive
54, Meadow Drive
Description & Estimates
54, Meadow Drive, South Ockendon is recorded publicly as a modern leasehold house across 1,453 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 54, Meadow Drive, South Ockendon is £502,435 and its rental estimate is £2,405 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
54, Meadow Drive, South Ockendon has a single entry in the Land Registry from August 2016 and a single entry in the EPC database dated July 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 54, Meadow Drive, South Ockendon, we estimate a market value of £527,557 and a rental value of £2,526 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £467,264 and £2,237 per month respectively.
Recent Market Change
Over the last year, 54, Meadow Drive, South Ockendon has seen its estimated sale value rise by £3,048 (0.6%) and its estimated rental value move up by £73 per month (3.0%). This results in an estimated gross rental yield of 5.7%.
Energy Efficiency
54, Meadow Drive, South Ockendon has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Jul 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 54, Meadow Drive, South Ockendon completed on 11th August 2016 at £382,000 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 22.8% over the period since August 2016.
- Sold Aug 2016£382,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 54, Meadow Drive, South Ockendon have sold within a radius of 830 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th July 2024, was 38, Meadow Drive, South Ockendon, RM15 4DY, a leasehold house which sold for £492,500.
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, 54, Meadow Drive, South Ockendon comes out as the 6th largest and the 7th most expensive in our analysis of the public data.
It is also £165k 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 54, 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.
