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According to the public record, 60, Peartree Close, South Ockendon is a mid-century leasehold apartment with 904 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 60, Peartree Close, South Ockendon is £217,385 and the estimated rental value is £1,504 per month.
Peartree Close, South Ockendon, RM15 is located within the RM15 postal district.
60, Peartree Close, South Ockendon has 41 entries in the Land Registry , most recently in January 2022 and a single entry in the EPC database dated September 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 60, Peartree Close, South Ockendon is in very good condition we estimate a sale value of £228,255 and a rental value of £1,579 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £202,168 and a rental value of £1,399 per month.
Over the last 12 months the sale value of 60 Peartree Close South Ockendon has increased by an estimated £375 (0.2%) and its rental value has increased by an estimated £22 per month (1.4%), giving an expected gross yield of 8.3%.
60, Peartree Close, South Ockendon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Sep 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 60, Peartree Close, South Ockendon was last sold on 10th January 2022 for £215,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since January 2022, the market for similar properties has risen 9.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 60, Peartree Close, South Ockendon within a radius of 740 metres over the last 2 years.
The most recent example is 5, Peartree Close, South Ockendon, RM15 6PR, a leasehold flat which sold for £205,000 on the 27th October 2023.
Read more about house prices in RM15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Peartree Close, South Ockendon, RM15 has a total of 150 addresses. According to our analysis of all the public data, 60, Peartree Close, South Ockendon is the 15th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £122k less expensive than the average property in RM15.
The closest station to 60, Peartree Close, South Ockendon is Ockendon station which is 500 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 60, Peartree Close, South Ockendon, 31.0% of property is privately owned with a mortgage and 24.0% is socially rented.
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 60, Peartree Close, South Ockendon, 27.8% of residents are recorded as possessing school level qualifications and 33.6% 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 60, Peartree Close, 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 60, Peartree Close, 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 60, Peartree Close, South Ockendon, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
