198, CHERRY TREE LANE, RAINHAM, RM13 8TS - £265,000

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.

198 CHERRY TREE LANE is a large flat of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £277,173. It was last sold for £265,000 in February 2024, which was around 9% above the average February 2024 flat price in the Havering local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was C.

198 CHERRY TREE LANE Sold Prices

Land registry data shows two sales for 198 CHERRY TREE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Havering local authority area for the corresponding sale date. Both of the two 198 CHERRY TREE LANE 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
2024 21 FEB	£265,000	£243,686	9% above HPI
2018 6 JUL	£245,000	£236,343	4% above HPI

What might 198 CHERRY TREE LANE be worth now?

198 CHERRY TREE LANE might now be worth an estimated £277,173.

This is based on house price inflation of 4.6%, between February 2024 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 4.6% inflationary increase is applied to the most recent sale price for 198 CHERRY TREE LANE of £265,000 on 21st February 2024. For the value to have increased from £265,000 to £277,173 over the one year and nine months to May 2026, the following assumptions must hold true:

• The value of 198 CHERRY TREE LANE has moved in line with the HPI for flats in the Havering local authority area.
• The February 2024 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 198 CHERRY TREE LANE has not materially changed since February 2024.

How Large is 198 CHERRY TREE LANE?

198 CHERRY TREE LANE is 77m² according to the EPC inspection conducted in March 2018. This puts it in the largest 30% of flats in London, based on EPC data. 77% of flats are smaller than 198 CHERRY TREE LANE, and 22% of flats are larger. Note that EPC data is not available for all properties in London.

198 CHERRY TREE LANE: Plot

198 CHERRY TREE LANE sits on a plot of roughly 2.2 acres, or 9,012m².

Where is 198 CHERRY TREE LANE?

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