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8, Oaklands Drive, South Ockendon is recorded publicly as an early-century freehold house across 957 ft2 of internal area, sitting on a 333 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, Oaklands Drive, South Ockendon is £432,886 and its rental estimate is £2,051 per month, given the available information and assuming reasonable condition.
Oaklands Drive, South Ockendon, RM15 falls within the RM15 postal district.
8, Oaklands Drive, South Ockendon has 21 entries in the Land Registry , most recently in September 2019 and a single entry in the EPC database dated March 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 8, Oaklands Drive, South Ockendon, we estimate a market value of £454,530 and a rental value of £2,153 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £402,584 and £1,907 per month respectively.
Over the last year, 8, Oaklands Drive, South Ockendon has seen its estimated sale value grow by £5,485 (1.3%) and its estimated rental value climb by £73 per month (3.6%). This results in an estimated gross rental yield of 5.7%.
HM Land Registry records the plot of land for 8, Oaklands Drive, South Ockendon as measuring 333 m2.
That makes it the 6th largest plot in the postcode, where 11 of the 12 other houses have recorded plot data.
8, Oaklands Drive, South Ockendon has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Mar 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 8, Oaklands Drive, South Ockendon completed on 20th September 2019 at £325,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 34.1% over the period since September 2019.
Over the past 2 years 3 properties similar to 8, Oaklands Drive, South Ockendon have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th December 2024, was 70, Orchard Road, South Ockendon, RM15 6HH, a freehold house which sold for £410,000.
Read more about house prices in RM15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 12 addresses on Oaklands Drive, South Ockendon, RM15, 8, Oaklands Drive, South Ockendon comes out as the 9th largest and the 9th most expensive in our analysis of the public data.
It is also £95k more expensive than the average property across the RM15 district.
From 8, Oaklands Drive, South Ockendon, the nearest station is Ockendon, 1.1 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Oaklands Drive, South Ockendon, 35.8% of property is privately owned with a mortgage and 28.5% 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 8, Oaklands Drive, South Ockendon, 23.6% of residents are recorded as possessing school level qualifications and 27.0% 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 8, Oaklands Drive, 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 8, Oaklands Drive, South Ockendon, 0.8% 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 8, Oaklands Drive, South Ockendon, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.