230, CHERRY TREE LANE, RAINHAM, RM13 8TX - £170,000

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.

230 CHERRY TREE LANE is a large flat of 68m², built sometime between 1950 and 1966, which could now be worth an estimated £226,718. It was last sold for £170,000 in September 2015, which was around 11% below the average September 2015 flat price in the Havering local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was C.

230 CHERRY TREE LANE Sold Prices

Land registry data shows two sales for 230 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 230 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
2015 25 SEP	£170,000	£191,117	11% below HPI
2007 6 JUL	£138,000	£168,856	18% below HPI

What might 230 CHERRY TREE LANE be worth now?

230 CHERRY TREE LANE might now be worth an estimated £226,718.

This is based on house price inflation of 33.4%, between September 2015 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 33.4% inflationary increase is applied to the most recent sale price for 230 CHERRY TREE LANE of £170,000 on 25th September 2015. For the value to have increased from £170,000 to £226,718 over the eleven years and four months to May 2026, the following assumptions must hold true:

• The value of 230 CHERRY TREE LANE has moved in line with the HPI for flats in the Havering local authority area.
• The September 2015 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 230 CHERRY TREE LANE has not materially changed since September 2015.

How Large is 230 CHERRY TREE LANE?

230 CHERRY TREE LANE is 68m² according to the EPC inspection conducted in April 2018. This puts it in the largest 40% of flats in London, based on EPC data. 61% of flats are smaller than 230 CHERRY TREE LANE, and 37% of flats are larger. Note that EPC data is not available for all properties in London.

230 CHERRY TREE LANE: Plot

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

Where is 230 CHERRY TREE LANE?

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