3 Cherry Tree Drive

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

    This semi-detached freehold property on Cherry Tree Drive last sold in June 2015 for £285,000. Based on price growth in the RM15 district since then, its estimated current value is £445,301 — placing it in the 73rd percentile nationally and the 81st percentile within RM15. The property covers 76 m² (818 sq ft), giving an estimated value of £5,859 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    818 sq ft

    76 m²

    Last Sale Price

    £285,000

    Jun 2015

    Estimated Valuation

    £445,301

    Est. £/sq ft

    £544/sq ft

    £5,859/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area818 sq ft (76 m²)
    EPC dateMar 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Jun 2015

    £285,000

    27 Mar 1997

    New build

    £85,995

    Key Metrics

    Estimated valuation£445,301
    Value per sq ft / m²£544/sq ft (£5,859/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile81st percentile
    National percentile73rd 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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