7 Cherry Tree Drive

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

    This terraced freehold property on Cherry Tree Drive last sold in October 1999 for £90,000. Based on price growth in the RM15 district since then, its estimated current value is £519,242 — placing it in the 80th percentile nationally and the 91st percentile within RM15. The property covers 68 m² (732 sq ft), giving an estimated value of £7,636 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £90,000

    Oct 1999

    Estimated Valuation

    £519,242

    Est. £/sq ft

    £709/sq ft

    £7,636/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 area732 sq ft (68 m²)
    EPC dateSept 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Oct 1999

    £90,000

    27 Mar 1997

    New build

    £75,995

    Key Metrics

    Estimated valuation£519,242
    Value per sq ft / m²£709/sq ft (£7,636/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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