97A, CHERRY TREE LANE, RAINHAM, RM13 8TT - £240,000

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.

97A CHERRY TREE LANE is a midsized extended flat of 60m², built sometime between 1950 and 1966, which could now be worth an estimated £253,017. It was last sold for £240,000 in February 2022, which was around 1% below the average February 2022 flat price in the Havering local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

97A CHERRY TREE LANE Sold Prices

Land registry data shows one sale for 97A 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 7 FEB	£240,000	£241,767	1% below HPI

What might 97A CHERRY TREE LANE be worth now?

97A CHERRY TREE LANE might now be worth an estimated £253,017.

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 97A CHERRY TREE LANE of £240,000 on 7th February 2022. For the value to have increased from £240,000 to £253,017 over the three years and nine months to May 2026, the following assumptions must hold true:

• The value of 97A CHERRY TREE LANE has moved in line with the HPI for flats in the Havering local authority area.
• The February 2022 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 97A CHERRY TREE LANE has not materially changed since February 2022.

How Large is 97A CHERRY TREE LANE?

97A CHERRY TREE LANE is 60m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 50% of flats in London, based on EPC data. 45% of flats are smaller than 97A CHERRY TREE LANE, and 53% of flats are larger. Note that EPC data is not available for all properties in London.

97A CHERRY TREE LANE: Plot

97A CHERRY TREE LANE sits on a plot of roughly 0.088 of an acre, or 358m².

Where is 97A CHERRY TREE LANE?

97A CHERRY TREE LANE is located in RAINHAM, in the RM13 postcode district.