55, Broxburn Drive
55, Broxburn Drive
Description & Estimates
55, Broxburn Drive, South Ockendon is recorded publicly as a mid-century leasehold apartment across 473 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 55, Broxburn Drive, South Ockendon is £183,786 and its rental estimate is £1,309 per month, given the available information and assuming reasonable condition.
Broxburn Drive, South Ockendon, RM15 falls within the RM15 postal district.
Our Data Sources
55, Broxburn Drive, South Ockendon has a single entry in the Land Registry from October 2014 and a single entry in the EPC database dated October 2021.
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 55, Broxburn Drive, South Ockendon, we estimate a market value of £192,975 and a rental value of £1,374 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £170,921 and £1,217 per month respectively.
Recent Market Change
Over the last year, 55, Broxburn Drive, South Ockendon has seen its estimated sale value grow by £75 (0.0%) and its estimated rental value climb by £33 per month (2.5%). This results in an estimated gross rental yield of 8.5%.
Energy Efficiency
55, Broxburn Drive, South Ockendon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Oct 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 55, Broxburn Drive, South Ockendon completed on 3rd October 2014 at £95,000 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 51.2% over the period since October 2014.
- Sold Oct 2014£95,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 55, Broxburn Drive, South Ockendon have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd March 2024, was 15, Alwen Grove, South Ockendon, RM15 5DN, a leasehold flat which sold for £182,000.
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 439 addresses on Broxburn Drive, South Ockendon, RM15, 55, Broxburn Drive, South Ockendon comes out as the 390th largest and the 385th most expensive in our analysis of the public data.
It is also £154k less expensive than the average property across the RM15 district.
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Schools Nearby
- 200mShaw Primary Academy
- 500mBonnygate Primary School
- 600mHoly Cross Catholic Primary School
- 1.0kmHarris Academy Ockendon
- 2.4kmOrmiston Park Academy
- 3.0kmHarris Academy Chafford Hundred
More reading links
Public Transport Nearby
From 55, Broxburn Drive, South Ockendon, the nearest station is Ockendon, 1.5 kilometres away.
- 1.5kmOckendon
- 2.6kmChafford Hundred Lakeside
- 4.3kmGrays
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
