244, CHERRY TREE LANE, RAINHAM, RM13 8TX - £211,200

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.

244 CHERRY TREE LANE is a very large flat of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £236,314. It was last sold for £211,200 in September 2016, which was around 7% below the average September 2016 flat price in the Havering local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was C.

244 CHERRY TREE LANE Sold Prices

Land registry data shows two sales for 244 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 244 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 28 SEP	£211,200	£227,793	7% below HPI
2007 30 MAY	£141,500	£165,547	15% below HPI

What might 244 CHERRY TREE LANE be worth now?

244 CHERRY TREE LANE might now be worth an estimated £236,314.

This is based on house price inflation of 11.9%, between September 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 11.9% inflationary increase is applied to the most recent sale price for 244 CHERRY TREE LANE of £211,200 on 28th September 2016. For the value to have increased from £211,200 to £236,314 over the ten years and four months to May 2026, the following assumptions must hold true:

• The value of 244 CHERRY TREE LANE has moved in line with the HPI for flats in the Havering local authority area.
• The September 2016 sale price of £211,200 represented a fair market value for the property.
• The size, condition, and specification of 244 CHERRY TREE LANE has not materially changed since September 2016.

How Large is 244 CHERRY TREE LANE?

244 CHERRY TREE LANE is 80m² according to the EPC inspection conducted in May 2015. This puts it in the largest 20% of flats in London, based on EPC data. 81% of flats are smaller than 244 CHERRY TREE LANE, and 18% of flats are larger. Note that EPC data is not available for all properties in London.

244 CHERRY TREE LANE: Plot

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

Where is 244 CHERRY TREE LANE?

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