16 Cherry Tree Drive

    16, CHERRY TREE DRIVE, SOUTH OCKENDON, SOUTH OCKENDON, RM15 6TP

    This detached freehold property on Cherry Tree Drive last sold in November 2006 for £247,500. Based on price growth in the RM15 district since then, its estimated current value is £520,648 — placing it in the 81st percentile nationally and the 91st percentile within RM15. The property covers 95 m² (1,023 sq ft), giving an estimated value of £5,481 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,023 sq ft

    95 m²

    Last Sale Price

    £247,500

    Nov 2006

    Estimated Valuation

    £520,648

    Est. £/sq ft

    £509/sq ft

    £5,481/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,023 sq ft (95 m²)
    EPC dateMay 2013
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Nov 2006

    £247,500

    12 Jun 2001

    £164,995

    26 Sept 1997

    New build

    £104,000

    Key Metrics

    Estimated valuation£520,648
    Value per sq ft / m²£509/sq ft (£5,481/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile91st percentile
    National percentile81st percentile

    District Context — RM15

    RM15 covers the southeastern part of the RM postcode area, situated in east London's outer reaches. It is a family-oriented neighbourhood with a notably youthful demographic and strong owner-occupier presence.

    Average Property Price - RM15

    £354,356

    57

    National percentile

    Average Net Household Income - RM15

    £41,619

    65

    National percentile

    10-Year Annualised Price Growth - RM15

    4.4%

    77

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM15

    More properties in RM15

    Streets in RM15

    Explore nearby