20 Cherry Tree Drive

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

    This terraced freehold property on Cherry Tree Drive last sold in February 2020 for £382,500. Based on price growth in the RM15 district since then, its estimated current value is £440,243 — placing it in the 73rd percentile nationally and the 79th percentile within RM15. The property covers 118 m² (1,270 sq ft), giving an estimated value of £3,731 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,270 sq ft

    118 m²

    Last Sale Price

    £382,500

    Feb 2020

    Estimated Valuation

    £440,243

    Est. £/sq ft

    £347/sq ft

    £3,731/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,270 sq ft (118 m²)
    EPC dateDec 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Feb 2020

    £382,500

    7 Aug 2009

    £227,000

    8 Jul 2003

    £185,000

    15 Dec 1997

    New build

    £82,995

    Key Metrics

    Estimated valuation£440,243
    Value per sq ft / m²£347/sq ft (£3,731/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile79th percentile
    National percentile73rd 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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