24 Cherry Tree Drive

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

    This terraced freehold property on Cherry Tree Drive last sold in October 1999 for £94,000. Based on price growth in the RM15 district since then, its estimated current value is £542,319 — placing it in the 82nd percentile nationally and the 93rd percentile within RM15. The property covers 97 m² (1,044 sq ft), giving an estimated value of £5,591 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,044 sq ft

    97 m²

    Last Sale Price

    £94,000

    Oct 1999

    Estimated Valuation

    £542,319

    Est. £/sq ft

    £519/sq ft

    £5,591/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,044 sq ft (97 m²)
    EPC dateMay 2024
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Oct 1999

    £94,000

    27 Mar 1998

    New build

    £82,995

    Key Metrics

    Estimated valuation£542,319
    Value per sq ft / m²£519/sq ft (£5,591/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile93rd percentile
    National percentile82nd 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

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