48 Cherry Tree Drive

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

    This terraced freehold property on Cherry Tree Drive last sold in November 2020 for £390,000. Based on price growth in the RM15 district since then, its estimated current value is £448,876 — placing it in the 74th percentile nationally and the 81st percentile within RM15. The property covers 117 m² (1,259 sq ft), giving an estimated value of £3,837 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,259 sq ft

    117 m²

    Last Sale Price

    £390,000

    Nov 2020

    Estimated Valuation

    £448,876

    Est. £/sq ft

    £356/sq ft

    £3,837/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formDetached
    Construction ageH
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,259 sq ft (117 m²)
    EPC dateApr 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Nov 2020

    £390,000

    26 Jun 1998

    New build

    £84,995

    Key Metrics

    Estimated valuation£448,876
    Value per sq ft / m²£356/sq ft (£3,837/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile81st percentile
    National percentile74th 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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