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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 78, Chelmer Drive, South Ockendon to be a modern freehold house with 828 ft2 of internal area, sitting on a 202 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
78, Chelmer Drive, South Ockendon has an estimated sale value of £391,045 and an estimated rental value of £1,927 per month, assuming reasonable condition and based on the information available.
Chelmer Drive, South Ockendon, RM15 lies within the RM15 postal district.
78, Chelmer Drive, South Ockendon has 31 entries in the Land Registry , most recently in December 2022 and a single entry in the EPC database dated August 2022.
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 78, Chelmer Drive, South Ockendon would be worth £410,597, with a potential rental value of £2,023 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £363,672, with a rental value of £1,792 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 78, Chelmer Drive, South Ockendon has climbed by £4,955 (1.3%) over the last year. During the same period, its estimated monthly rental value has risen by £68 (3.6%). The property's estimated gross yield is currently 5.9%.
78, Chelmer Drive, South Ockendon occupies a 202 m2 plot as recorded by HM Land Registry.
Of the 73 other houses in this postcode, 67 have recorded plot sizes, and this one ranks as the 42nd largest.
78, Chelmer Drive, South Ockendon has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
78, Chelmer Drive, South Ockendon last changed hands on 15th December 2022, selling for £400,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 1.0% since December 2022.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 690 metres of 78, Chelmer Drive, South Ockendon across the last 2 years.
Most recently, 68, Chelmer Drive, South Ockendon, RM15 6EE, a freehold house, sold at £370,000 on the 22nd March 2024.
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 78, Chelmer Drive, South Ockendon as the 15th largest and the 13th most expensive of the 73 addresses on Chelmer Drive, South Ockendon, RM15.
Against the RM15 postcode district average, it is £53k more expensive than the typical property.
Ockendon station is the nearest stop to 78, Chelmer Drive, South Ockendon at 1.9 kilometres 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 78, Chelmer Drive, South Ockendon, 50.0% of property is privately owned with a mortgage and 25.8% 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 78, Chelmer Drive, South Ockendon, 21.5% of residents are recorded as possessing school level qualifications and 31.0% 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 78, Chelmer Drive, South Ockendon, the average age was 35.9 and the most common age was 12.
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 78, Chelmer Drive, 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 78, Chelmer Drive, South Ockendon, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
