38 Cherry Tree Drive

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

    This semi-detached freehold property on Cherry Tree Drive last sold in January 2003 for £189,995. Based on price growth in the RM15 district since then, its estimated current value is £515,503 — placing it in the 80th percentile nationally and the 91st percentile within RM15. The property covers 75 m² (807 sq ft), giving an estimated value of £6,873 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    807 sq ft

    75 m²

    Last Sale Price

    £189,995

    Jan 2003

    Estimated Valuation

    £515,503

    Est. £/sq ft

    £639/sq ft

    £6,873/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area807 sq ft (75 m²)
    EPC dateMay 2025
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Jan 2003

    £189,995

    7 May 1999

    £95,000

    9 Oct 1998

    New build

    £88,000

    Key Metrics

    Estimated valuation£515,503
    Value per sq ft / m²£639/sq ft (£6,873/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile91st percentile
    National percentile80th 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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