56, Mollands Lane
56, Mollands Lane
Description & Estimates
Public records show 56, Mollands Lane, South Ockendon to be a modern freehold house with 1,011 ft2 of internal area, sitting on a 237 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
56, Mollands Lane, South Ockendon has an estimated sale value of £437,381 and an estimated rental value of £2,064 per month, assuming reasonable condition and based on the information available.
Mollands Lane, South Ockendon, RM15 lies within the RM15 postal district.
Our Data Sources
56, Mollands Lane, South Ockendon has a single entry in the Land Registry from January 2018 and a single entry in the EPC database dated December 2017.
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 56, Mollands Lane, South Ockendon would be worth £459,250, with a potential rental value of £2,167 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £406,764, with a rental value of £1,920 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 56, Mollands Lane, South Ockendon has climbed by £5,542 (1.3%) over the last year. During the same period, its estimated monthly rental value has risen by £73 (3.6%). The property's estimated gross yield is currently 5.7%.
Plot Size
56, Mollands Lane, South Ockendon occupies a 237 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 18th largest.
Energy Efficiency
56, Mollands Lane, South Ockendon has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Dec 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
56, Mollands Lane, South Ockendon last changed hands on 5th January 2018, selling for £399,950. 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 36.2% since January 2018.
- Sold Jan 2018£399,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 620 metres of 56, Mollands Lane, South Ockendon across the last 2 years.
Most recently, 52, Mollands Lane, South Ockendon, RM15 6DB, a freehold house, sold at £395,000 on the 10th January 2019.
Read more about house prices in RM15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 56, Mollands Lane, South Ockendon as the 52nd largest and the 62nd 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.
More reading links
Schools Nearby
- 700mBonnygate Primary School
- 800mBenyon Primary School
- 1.1kmShaw Primary Academy
- 1.3kmHarris Academy Ockendon
- 2.9kmWilliam Edwards School
- 3.1kmOrmiston Park Academy
More reading links
Public Transport Nearby
Ockendon station is the nearest stop to 56, Mollands Lane, South Ockendon at 700 metres away.
- 700mOckendon
- 3.5kmChafford Hundred Lakeside
- 4.8kmGrays
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.
