74, CHERRY TREE DRIVE, SOUTH OCKENDON, RM15 6TP - £156,000

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.

74 CHERRY TREE DRIVE is a terraced house, which could now be worth an estimated £531,677. It was last sold for £156,000 in May 2002, which was around 64% above the average May 2002 terraced price in the Thurrock local authority area.

74 CHERRY TREE DRIVE Sold Prices

Land registry data shows two sales for 74 CHERRY TREE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Thurrock local authority area for the corresponding sale date. Both of the two 74 CHERRY TREE DRIVE 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
2002 12 MAY	£156,000	£94,849	64% above HPI
1998 8 MAY	£86,995	£52,511	66% above HPI

What might 74 CHERRY TREE DRIVE be worth now?

74 CHERRY TREE DRIVE might now be worth an estimated £531,677.

This is based on house price inflation of 240.8%, between May 2002 and May 2026, for terraced houses, in the Thurrock local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 240.8% inflationary increase is applied to the most recent sale price for 74 CHERRY TREE DRIVE of £156,000 on 12th May 2002. For the value to have increased from £156,000 to £531,677 over the 24 years to May 2026, the following assumptions must hold true:

• The value of 74 CHERRY TREE DRIVE has moved in line with the HPI for terraced houses in the Thurrock local authority area.
• The May 2002 sale price of £156,000 represented a fair market value for the property.
• The size, condition, and specification of 74 CHERRY TREE DRIVE has not materially changed since May 2002.

Where is 74 CHERRY TREE DRIVE?

74 CHERRY TREE DRIVE is located in SOUTH OCKENDON, in the RM15 postcode district.