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According to the public record, 97, Cherry Tree Lane, Rainham is a early-century leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 97, Cherry Tree Lane, Rainham is £282,216 and the estimated rental value is £1,525 per month.
The apartment is within 97, Cherry Tree Lane, Rainham, RM13.
Cherry Tree Lane, Rainham, RM13 is located in the borough of Havering within the RM13 postal district.
97, Cherry Tree Lane, Rainham has 41 entries in the Land Registry , most recently in February 2020 and a single entry in the EPC database dated June 2024.
We combine this information with that 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.
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 97, Cherry Tree Lane, Rainham is in very good condition we estimate a sale value of £296,327 and a rental value of £1,601 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £262,461 and a rental value of £1,418 per month.
Over the last 12 months the sale value of 97 Cherry Tree Lane Rainham has increased by an estimated £522 (0.2%) and its rental value has increased by an estimated £26 per month (1.7%), giving an expected gross yield of 6.5%.
97, Cherry Tree Lane, Rainham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Jun 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 97, Cherry Tree Lane, Rainham was last sold on 7th February 2020 for £246,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since February 2020, the market for similar properties has risen 33.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 97, Cherry Tree Lane, Rainham within a radius of 490 metres over the last 2 years.
The most recent example is Flat 2, Pope Court 120, Cherry Tree Lane, Rainham, RM13 8TS, a leasehold flat which sold for £285,000 on the 30th October 2024.
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, 97, Cherry Tree Lane, Rainham is the 175th largest and the 166th most expensive property on the street.
When compared to the postcode district it is £127k less expensive than the average property in RM13.
The nearest school is La Salette Catholic Primary School which is 522 metres away. The nearest train station is Rainham (Essex) which is 1.1 kilometres away.
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