121, CHERRY TREE LANE, RAINHAM, RM13 8TT - £100,000

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.

121 CHERRY TREE LANE is a very small flat of 26m², built sometime between 1976 and 1982, which could now be worth an estimated £175,427. It was last sold for £100,000 in January 2006, which was around 31% below the average January 2006 flat price in the Havering local authority area. The most recent EPC inspection was June 2009, where the current energy rating was G, and the potential energy rating was E.

121 CHERRY TREE LANE Sold Prices

Land registry data shows three sales for 121 CHERRY TREE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Havering local authority area for the corresponding sale date. The three 121 CHERRY TREE LANE sales were a mix of below the average price, roughly equal to the average price, and 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
2006 13 JAN	£100,000	£145,291	31% below HPI
2001 21 SEP	£88,000	£88,276	Close to HPI
1996 14 JUN	£58,000	£48,571	19% above HPI

What might 121 CHERRY TREE LANE be worth now?

121 CHERRY TREE LANE might now be worth an estimated £175,427.

This is based on house price inflation of 75.4%, between January 2006 and May 2026, for flats, in the Havering local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 75.4% inflationary increase is applied to the most recent sale price for 121 CHERRY TREE LANE of £100,000 on 13th January 2006. For the value to have increased from £100,000 to £175,427 over the nineteen years and eight months to May 2026, the following assumptions must hold true:

• The value of 121 CHERRY TREE LANE has moved in line with the HPI for flats in the Havering local authority area.
• The January 2006 sale price of £100,000 represented a fair market value for the property.
• The size, condition, and specification of 121 CHERRY TREE LANE has not materially changed since January 2006.

How Large is 121 CHERRY TREE LANE?

121 CHERRY TREE LANE is 26m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 10% of flats in London, based on EPC data. 1% of flats are smaller than 121 CHERRY TREE LANE, and 99% of flats are larger. Note that EPC data is not available for all properties in London.

121 CHERRY TREE LANE: Plot

121 CHERRY TREE LANE sits on a plot of roughly 0.097 of an acre, or 392m².

Where is 121 CHERRY TREE LANE?

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