218, CHERRY TREE LANE, RAINHAM, RM13 8TX - £226,500

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.

218 CHERRY TREE LANE is a large extended flat of 75m², built sometime between 1950 and 1966, which could now be worth an estimated £252,528. It was last sold for £226,500 in November 2016, which was around 1% below the average November 2016 flat price in the Havering local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was C.

218 CHERRY TREE LANE Sold Prices

Land registry data shows five sales for 218 CHERRY TREE LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Havering local authority area for the corresponding sale date. Most of the five 218 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
2016 29 NOV	£226,500	£228,610	1% below HPI
2006 4 AUG	£130,000	£152,698	15% below HPI
2003 25 APR	£128,000	£125,432	2% above HPI
1999 11 AUG	£48,000	£63,056	24% below HPI
1995 9 MAY	£34,500	£48,310	29% below HPI

What might 218 CHERRY TREE LANE be worth now?

218 CHERRY TREE LANE might now be worth an estimated £252,528.

This is based on house price inflation of 11.5%, between November 2016 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 11.5% inflationary increase is applied to the most recent sale price for 218 CHERRY TREE LANE of £226,500 on 29th November 2016. For the value to have increased from £226,500 to £252,528 over the ten years and six months to May 2026, the following assumptions must hold true:

• The value of 218 CHERRY TREE LANE has moved in line with the HPI for flats in the Havering local authority area.
• The November 2016 sale price of £226,500 represented a fair market value for the property.
• The size, condition, and specification of 218 CHERRY TREE LANE has not materially changed since November 2016.

How Large is 218 CHERRY TREE LANE?

218 CHERRY TREE LANE is 75m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 30% of flats in London, based on EPC data. 74% of flats are smaller than 218 CHERRY TREE LANE, and 25% of flats are larger. Note that EPC data is not available for all properties in London.

218 CHERRY TREE LANE: Plot

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

Where is 218 CHERRY TREE LANE?

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