6 Cherry Tree Drive

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

    This detached freehold property on Cherry Tree Drive last sold in June 2004 for £245,000. Based on price growth in the RM15 district since then, its estimated current value is £509,208 — placing it in the 80th percentile nationally and the 90th percentile within RM15. The property covers 82 m² (883 sq ft), giving an estimated value of £6,210 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    883 sq ft

    82 m²

    Last Sale Price

    £245,000

    Jun 2004

    Estimated Valuation

    £509,208

    Est. £/sq ft

    £577/sq ft

    £6,210/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area883 sq ft (82 m²)
    EPC dateJan 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Jun 2004

    £245,000

    1 Aug 1997

    New build

    £149,995

    Key Metrics

    Estimated valuation£509,208
    Value per sq ft / m²£577/sq ft (£6,210/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile90th 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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