228, CHERRY TREE LANE, RAINHAM, RM13 8TX - £283,000

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.

228 CHERRY TREE LANE is a large flat of 75m², built sometime between 1950 and 1966, which could now be worth an estimated £298,349. It was last sold for £283,000 in February 2022, which was around 17% above the average February 2022 flat price in the Havering local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was C.

228 CHERRY TREE LANE Sold Prices

Land registry data shows one sale for 228 CHERRY TREE LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat price in the Havering local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 18 FEB	£283,000	£241,767	17% above HPI

What might 228 CHERRY TREE LANE be worth now?

228 CHERRY TREE LANE might now be worth an estimated £298,349.

This is based on house price inflation of 5.4%, between February 2022 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 5.4% inflationary increase is applied to the most recent sale price for 228 CHERRY TREE LANE of £283,000 on 18th February 2022. For the value to have increased from £283,000 to £298,349 over the three years and nine months to May 2026, the following assumptions must hold true:

• The value of 228 CHERRY TREE LANE has moved in line with the HPI for flats in the Havering local authority area.
• The February 2022 sale price of £283,000 represented a fair market value for the property.
• The size, condition, and specification of 228 CHERRY TREE LANE has not materially changed since February 2022.

How Large is 228 CHERRY TREE LANE?

228 CHERRY TREE LANE is 75m² according to the EPC inspection conducted in April 2012. This puts it in the largest 30% of flats in London, based on EPC data. 74% of flats are smaller than 228 CHERRY TREE LANE, and 25% of flats are larger. Note that EPC data is not available for all properties in London.

228 CHERRY TREE LANE: Plot

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

Where is 228 CHERRY TREE LANE?

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