34 Cherry Tree Drive

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

    This terraced freehold property on Cherry Tree Drive last sold in October 2014 for £265,000. Based on price growth in the RM15 district since then, its estimated current value is £478,041 — placing it in the 77th percentile nationally and the 86th percentile within RM15. The property covers 81 m² (872 sq ft), giving an estimated value of £5,902 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    872 sq ft

    81 m²

    Last Sale Price

    £265,000

    Oct 2014

    Estimated Valuation

    £478,041

    Est. £/sq ft

    £548/sq ft

    £5,902/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area872 sq ft (81 m²)
    EPC dateFeb 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Oct 2014

    £265,000

    30 Mar 2010

    £210,000

    30 Apr 1998

    New build

    £79,995

    Key Metrics

    Estimated valuation£478,041
    Value per sq ft / m²£548/sq ft (£5,902/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile86th percentile
    National percentile77th 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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