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By comparing it to neighbours, we estimate that it is a early-century house with 791 ft2 of internal area and sits on a 301 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 53, Cherry Tree Lane, Rainham is £403,803 and the estimated rental value is £2,045 per month.
Cherry Tree Lane, Rainham, RM13 is located in the borough of Havering within the RM13 postal district.
53, Cherry Tree Lane, Rainham has a single entry in the Land Registry from March 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 53, Cherry Tree Lane, Rainham is in very good condition we estimate a sale value of £423,993 and a rental value of £2,147 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £375,537 and a rental value of £1,902 per month.
Over the last 12 months the sale value of 53 Cherry Tree Lane Rainham has increased by an estimated £8,331 (2.1%) and its rental value has increased by an estimated £75 per month (3.7%), giving an expected gross yield of 6.1%.
According to data from HM Land Registry, 53, Cherry Tree Lane, Rainham sits on a plot of 301m2.
We have plot size data on 26 out of 27 other houses in the postcode and 53, Cherry Tree Lane, Rainham sits on the 2nd largest plot.
According to HM Land Registry, 53, Cherry Tree Lane, Rainham was last sold on 1st March 2007 for £186,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2007, the market for similar properties has risen 106.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Cherry Tree Lane, Rainham within a radius of 510 metres over the last 2 years.
The most recent example is 43, Hubert Road, Rainham, RM13 8AB, a freehold house which sold for £410,000 on the 21st February 2023.
Read more about house prices in RM13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherry Tree Lane, Rainham, RM13 has a total of 245 addresses. According to our analysis of all the public data, 53, Cherry Tree Lane, Rainham is the 138th largest and the 104th most expensive property on the street.
When compared to the postcode district it is £6k less expensive than the average property in RM13.
The nearest school is La Salette Catholic Primary School which is 472 metres away. The nearest train station is Rainham (Essex) which is 1.0 kilometres away.
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