22, CHERRY TREE DRIVE, SOUTH OCKENDON, RM15 6TP - £240,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

22 CHERRY TREE DRIVE is a terraced house, which could now be worth an estimated £496,310. It was last sold for £240,000 in August 2005, which was around 54% above the average August 2005 terraced price in the Thurrock local authority area.

22 CHERRY TREE DRIVE Sold Prices

Land registry data shows three sales for 22 CHERRY TREE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Thurrock local authority area for the corresponding sale date. All of the three 22 CHERRY TREE DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2005 3 AUG	£240,000	£156,320	54% above HPI
1999 26 MAR	£85,000	£57,129	49% above HPI
1998 30 JAN	£79,995	£50,303	59% above HPI

What might 22 CHERRY TREE DRIVE be worth now?

22 CHERRY TREE DRIVE might now be worth an estimated £496,310.

This is based on house price inflation of 106.8%, between August 2005 and May 2026, for terraced houses, in the Thurrock local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 106.8% inflationary increase is applied to the most recent sale price for 22 CHERRY TREE DRIVE of £240,000 on 3rd August 2005. For the value to have increased from £240,000 to £496,310 over the 21 years and three months to May 2026, the following assumptions must hold true:

• The value of 22 CHERRY TREE DRIVE has moved in line with the HPI for terraced houses in the Thurrock local authority area.
• The August 2005 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 22 CHERRY TREE DRIVE has not materially changed since August 2005.

Where is 22 CHERRY TREE DRIVE?

22 CHERRY TREE DRIVE is located in SOUTH OCKENDON, in the RM15 postcode district.