8, Cherry Tree Terrace
8, Cherry Tree Terrace
Description & Estimates
The public record describes 8, Cherry Tree Terrace as a modern house with 699 ft2 of internal area.
In this area, houses of this size normally have 2 bedrooms with a garden.
8, Cherry Tree Terrace has an estimated sale value of £551,934 and an estimated rental value of £2,978 per month, assuming reasonable condition and based on the information available.
Cherry Tree Terrace, London, SE1 lies in the borough of Southwark, within the SE1 postal district.
Our Data Sources
8, Cherry Tree Terrace has no records in the the Land Registry and a single entry in the EPC database dated December 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 8, Cherry Tree Terrace would be worth £579,531, with a potential rental value of £3,127 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £513,299, with a rental value of £2,770 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 8, Cherry Tree Terrace has declined by £12,103 (2.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £136 (4.6%). The property's estimated gross yield is currently 6.5%.
Energy Efficiency
8, Cherry Tree Terrace has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Dec 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 280 metres of 8, Cherry Tree Terrace across the last 2 years.
Most recently, 13, Whites Grounds Estate, London, SE1 3JY, a leasehold flat, sold at £545,000 on the 12th July 2016.
Read more about house prices in SE1.
- Sold Jul 2016£545,000 | 2 Bed Flat13, Whites Grounds Estate, London, SE1 3JY13, Whites Grounds Estate, London, SE1 3JY
- Sold Jun 2016£385,000 | 1 Bed Flat2, Whites Grounds Estate, London, SE1 3JY2, Whites Grounds Estate, London, SE1 3JY
- Sold Jan 2008£280,000 | 1 Bed Flat20, Whites Grounds Estate, London, SE1 3JY20, Whites Grounds Estate, London, SE1 3JY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 8, Cherry Tree Terrace as the 10th largest and the 10th most expensive of the 11 addresses on Cherry Tree Terrace, London, SE1.
Against the SE1 postcode district average, it is £76k less expensive than the typical property.
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Schools Nearby
- 200mTower Bridge Primary School
- 300mSnowsfields Primary School
- 600mGrange Primary School
- 900mSt Saviour's and St Olave's Church of England School
- 900mSt Michael's Catholic College
- 1.1kmHarris Academy Bermondsey
More reading links
Public Transport Nearby
London Bridge station is the nearest stop to 8, Cherry Tree Terrace at 600 metres away.
- 600mLondon Bridge
- 900mBorough
- 1.0kmTower Hill
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
