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South Ockendon House Prices South Ockendon House Prices

The average house price in South Ockendon is £298,062 using HM Land Registry data.

The average property price increased by £82,280 (30.12%) over the last 5 years and increased by £16,444 (4.85%) over the last 12 months.

Over the last year, there were 158 residential property sales – a decrease of 73 transactions (-46.20%) relative to the previous year. The majority of house sales (40) were in the £304,000 - £356,000 range. Then came properties in the £356,000 - £408,000 range, where 35 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 36 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,866 (-2%).

In April 2024, there were 31 new estate agency instructions, 20 agreed home sales and 19 property price reductions.

Postcodes Covered: RM15

5-Year Average Property Prices in South Ockendon

30.12%

Property prices in South Ockendon increased by 30.12% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in South Ockendon Over the Last Year

4.85%

Property prices in South Ockendon increased by 4.85% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for South Ockendon - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in South Ockendon

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in South Ockendon

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in South Ockendon

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the South Ockendon since 1995

Using HM Land Registry data, this chart displays average annual house prices in the South Ockendon area since 1995.

Recent Property Sales in South Ockendon

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
35 Holly Drive, South Ockendon, Thurrock, RM15 6TG£330,000£330,000£0007 Jun 202306 Mar 2024273 Days
1 Foxglove Road, South Ockendon, Thurrock, RM15 6EU£260,000£253,000-£7,00012 Oct 202301 Mar 2024141 Days
18 Avon Green, South Ockendon, Thurrock, RM15 5QJ£160,000£150,000-£10,00004 Jul 202314 Feb 2024225 Days
68 Rosemary Close, South Ockendon, Thurrock, RM15 6JH£325,000£325,000£0015 Aug 202313 Feb 2024182 Days
12 Avontar Road, South Ockendon, Thurrock, RM15 5AX£400,000£400,000£0013 Nov 202309 Feb 202488 Days
48 Fortin Close, South Ockendon, Thurrock, RM15 5NH£350,000£345,000-£5,00022 Mar 202315 Dec 2023268 Days
30 Cample Lane, South Ockendon, Thurrock, RM15 5RA£335,000£315,000-£20,00030 Nov 202215 Dec 2023380 Days
24 Broxburn Drive, South Ockendon, Thurrock, RM15 5QL£210,000£210,000£0007 Jul 202314 Dec 2023160 Days
2 Whitebeam Drive, South Ockendon, Thurrock, RM15 6JS£425,000£425,000£0029 Aug 202329 Nov 202392 Days
7 Fullarton Crescent, South Ockendon, Thurrock, RM15 5HN£340,000£322,000-£18,00029 Aug 202327 Nov 202390 Days
20 Gidea Close, South Ockendon, Thurrock, RM15 6PF£215,000£207,500-£7,50020 Jun 202317 Nov 2023150 Days
103 Garron Lane, South Ockendon, Thurrock, RM15 5JQ£190,000£190,000£0023 May 202310 Nov 2023171 Days
21 Mayflower Close, South Ockendon, Thurrock, RM15 6HZ£285,000£280,000-£5,00003 Jul 202303 Nov 2023123 Days
5 Peartree Close, South Ockendon, Thurrock, RM15 6PR£205,000£205,000£0019 Jun 202327 Oct 2023130 Days
27 Hamble Lane, South Ockendon, Thurrock, RM15 5HQ£425,000£415,000-£10,00010 Jul 202320 Oct 2023102 Days
118 Foyle Drive, South Ockendon, Thurrock, RM15 5HF£375,000£365,000-£10,00018 May 202316 Oct 2023151 Days
38 Callan Grove, South Ockendon, Thurrock, RM15 5PN£300,000£300,000£0011 Apr 202313 Oct 2023185 Days
3 Dunkellin Way, South Ockendon, Thurrock, RM15 5ES£425,000£415,000-£10,00005 Apr 202309 Oct 2023187 Days
124 Araglen Avenue, South Ockendon, Thurrock, RM15 5DD£335,000£330,000-£5,00003 Jul 202306 Oct 202395 Days
Flat 6, Archers Court, Arisdale Avenue, South Ockendon, Thurrock, RM15 5BD£180,000£175,000-£5,00005 Jun 202305 Oct 2023122 Days

Most Expensive Streets in South Ockendon

PostcodeStreetAreaAverageNo. of Sales
RM15 6TTHornbeam ChaseSouth Ockendon£543,9005
RM15 5JWHumber AvenueSouth Ockendon£535,8333
RM15 6TWJuniper DriveSouth Ockendon£526,6005
RM15 6TDBrandon Groves AvenueSouth Ockendon£518,7504
RM15 6QUGarth RoadSouth Ockendon£517,5004
RM15 5JNHumber AvenueSouth Ockendon£509,0005
RM15 6TZBirch CrescentSouth Ockendon£471,9005
RM15 6TUPoplar CloseSouth Ockendon£469,7229
RM15 5GRPark WaySouth Ockendon£461,97813
RM15 6XEMaple DriveSouth Ockendon£454,1663

Least Expensive Streets in South Ockendon

PostcodeStreetAreaAverageNo. of Sales
RM15 5FDAvontar CourtAvontar Road£99,7005
RM15 5BWEden GreenSouth Ockendon£144,6663
RM15 6AFThe OaksGarth Road£163,3333
RM15 5NWFaymore GardensSouth Ockendon£163,4005
RM15 5XADanbury CrescentSouth Ockendon£167,13315
RM15 5BPGaley GreenSouth Ockendon£167,1666
RM15 5QNCam GreenSouth Ockendon£169,0003
RM15 5BDArchers CourtArisdale Avenue£184,16612
RM15 6PUPeartree CloseSouth Ockendon£184,8005
RM15 5JHHumber AvenueSouth Ockendon£197,3333

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