116, CHERRY TREE LANE, RAINHAM, RM13 8TS - £204,000

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.

116 CHERRY TREE LANE is a semi-detached house, which could now be worth an estimated £424,590. It was last sold for £204,000 in August 2012, which was around 21% below the average August 2012 semi-detached price in the Havering local authority area.

116 CHERRY TREE LANE Sold Prices

Land registry data shows three sales for 116 CHERRY TREE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Havering local authority area for the corresponding sale date. All of the three 116 CHERRY TREE LANE sales were for below 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
2012 20 AUG	£204,000	£258,465	21% below HPI
2006 19 MAY	£195,000	£237,780	18% below HPI
1997 22 AUG	£68,000	£90,153	25% below HPI

What might 116 CHERRY TREE LANE be worth now?

116 CHERRY TREE LANE might now be worth an estimated £424,590.

This is based on house price inflation of 108.1%, between August 2012 and April 2026, for semi-detached houses, in the Havering local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 108.1% inflationary increase is applied to the most recent sale price for 116 CHERRY TREE LANE of £204,000 on 20th August 2012. For the value to have increased from £204,000 to £424,590 over the fourteen years and four months to April 2026, the following assumptions must hold true:

• The value of 116 CHERRY TREE LANE has moved in line with the HPI for semi-detached houses in the Havering local authority area.
• The August 2012 sale price of £204,000 represented a fair market value for the property.
• The size, condition, and specification of 116 CHERRY TREE LANE has not materially changed since August 2012.

Where is 116 CHERRY TREE LANE?

116 CHERRY TREE LANE is located in RAINHAM, in the RM13 postcode district.