AIAI Property Valuation for RM15 — SOUTH OCKENDON
AI Estimate
£344,757
Range: £317,176 – £372,338 (±8%)
1,040 sales (12mo)
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🏠
Detached
£520,002
66 sold (12mo)
🏘️
Semi-Detached
£402,879
276 sold (12mo)
🏡
Terraced
£343,871
467 sold (12mo)
🏢
Flat
£204,222
193 sold (12mo)
Price History — RM15
Price Forecast
Current
£344,757
1-Year
£341,644
-4.6%
3-Year
£311,142
-13.1%
Based on historical trend projection, capped at ±15% per year. This is not financial advice.
Rental Yield
Est. Monthly Rent
£1,310
Gross Yield
4.39%
Net Yield (est.)
3.51%
Region Average
1.61%
Annual rental income estimate: £15,720. Net yield deducts ~20% for management, voids, maintenance and insurance. Regional averages based on ONS Private Rental Market Statistics.
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Investment Score
Overall Score
Out of 10 — weighted composite
Area Intelligence
🛡️
Crime Rate
Below avg
30.5/1000 (-62.5% vs national)
🎓
Schools
3 Good+
11 total, 2 Outstanding
⚡
EPC Rating
Avg C
Score: 65/100
📶
Broadband
371 Mbps
Average download speed
🏛️
Council Tax
£2,088
Band D — Havering
🔑
Tenure
35% Owner
14% private rent
Nearby Postcodes
Frequently Asked Questions
What is the average house price in RM15?
The AI-estimated average house price in RM15 (SOUTH OCKENDON) is £344,757, based on 1040 transactions in the last 12 months. This estimate has high confidence (±8%).
What is the rental yield in RM15?
The estimated gross rental yield in RM15 is 4.39%, based on an average monthly rent of £1,310 and average property price of £357,999. The estimated net yield after costs is 3.51%.
Is RM15 a good area to invest in?
RM15 has an overall investment score of 5.5/10. This considers price growth (4.9/10), rental yield (4/10), safety (8.1/10), schools (2.7/10), and connectivity (10/10).
What are property prices by type in RM15?
Average prices in RM15 by property type: detached (£520,002), semi-detached (£402,879), terraced (£343,871), flats (£204,222). These are based on Land Registry transaction data from the last 12 months.
How accurate are AI property estimates for RM15?
Our AI estimates for RM15 are based on Land Registry transaction data, local market trends, and area characteristics. With 1040 recent sales, the estimate has high confidence. For a precise valuation, we recommend getting a professional survey.
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Disclaimer: AI estimates are based on Land Registry transaction data and statistical modelling. They are not professional valuations. Rental yield estimates use ONS regional rental data and may differ from actual local rents. Past performance does not predict future house prices. For a precise valuation, consult a qualified surveyor.