9, Mollands Lane
9, Mollands Lane
Description & Estimates
9, Mollands Lane, South Ockendon is recorded publicly as an early-century freehold house across 1,969 ft2 of internal area, sitting on a 925 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 9, Mollands Lane, South Ockendon is £559,687 and its rental estimate is £2,978 per month, given the available information and assuming reasonable condition.
Mollands Lane, South Ockendon, RM15 falls within the RM15 postal district.
Our Data Sources
9, Mollands Lane, South Ockendon has a single entry in the Land Registry from January 2021 and a single entry in the EPC database dated July 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 9, Mollands Lane, South Ockendon, we estimate a market value of £587,672 and a rental value of £3,127 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £520,509 and £2,769 per month respectively.
Recent Market Change
Over the last year, 9, Mollands Lane, South Ockendon has seen its estimated sale value grow by £3,205 (0.6%) and its estimated rental value climb by £88 per month (2.9%). This results in an estimated gross rental yield of 6.4%.
Plot Size
HM Land Registry records the plot of land for 9, Mollands Lane, South Ockendon as measuring 925 m2.
That makes it the 2nd largest plot in the postcode, where 33 of the 39 other houses have recorded plot data.
Energy Efficiency
9, Mollands Lane, South Ockendon has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Jul 2019.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 9, Mollands Lane, South Ockendon completed on 7th January 2021 at £485,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 34.8% over the period since January 2021.
- Sold Jan 2021£485,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 9, Mollands Lane, South Ockendon have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th September 2019, was 6, Maple Drive, South Ockendon, RM15 6XE, a freehold house which sold for £542,500.
Read more about house prices in RM15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 105 addresses on Mollands Lane, South Ockendon, RM15, 9, Mollands Lane, South Ockendon comes out as the 3rd largest and the 14th most expensive in our analysis of the public data.
It is also £222k more expensive than the average property across the RM15 district.
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
From 9, Mollands Lane, South Ockendon, the nearest station is Ockendon, 700 metres away.
- 700mOckendon
- 3.5kmChafford Hundred Lakeside
- 4.8kmGrays
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
