Flat 2, Cherry Tree Court 54
Flat 2, Cherry Tree Court 54
Description & Estimates
Flat 2, Cherry Tree Court 54 is recorded publicly as a mid-century leasehold apartment across 473 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 2, Cherry Tree Court 54 is £259,138 and its rental estimate is £1,383 per month, given the available information and assuming reasonable condition.
Cherry Tree Court, Grove Hill is a residential building on Grove Hill, London, E18 and falls within the E18 postal district and the London Borough of Redbridge.
Our Data Sources
Flat 2, Cherry Tree Court 54 has 21 entries in the Land Registry , most recently in June 2022 and a single entry in the EPC database dated September 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 2, Cherry Tree Court 54, we estimate a market value of £272,095 and a rental value of £1,452 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £240,998 and £1,286 per month respectively.
Recent Market Change
Over the last year, Flat 2, Cherry Tree Court 54 has seen its estimated sale value move down by £2,906 (1.1%) and its estimated rental value increase by £55 per month (3.9%). This results in an estimated gross rental yield of 6.4%.
Energy Efficiency
Flat 2, Cherry Tree Court 54 has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Sep 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 2, Cherry Tree Court 54 completed on 10th June 2022 at £260,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 6.6% over the period since June 2022.
- Sold Jun 2022£260,000
- Sold Oct 2005£146,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, Cherry Tree Court 54 have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th October 2024, was Flat 4, Cherry Tree Court 54, Grove Hill, London, E18 2JE, a leasehold flat which sold for £285,000.
Read more about house prices in E18.
- Sold Oct 2024£285,000 | 2 Bed FlatCherry Tree Court 54, Grove HillFlat 4, Cherry Tree Court 54, Grove Hill, London, E18 2JE
- Sold Jul 2021£282,500 | 1 Bed FlatDale Court, Grove HillFlat 18, Dale Court, Grove Hill, London, E18 2JD
- Sold Nov 2018£189,500 | 1 Bed FlatCherry Tree Court 54, Grove HillFlat 1, Cherry Tree Court 54, Grove Hill, London, E18 2JE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 220 addresses on Grove Hill, London, E18, Flat 2, Cherry Tree Court 54 comes out as the 190th largest and the 206th most expensive in our analysis of the public data.
It is also £341k less expensive than the average property across the E18 district.
More reading links
Schools Nearby
- 600mChurchfields Junior School
- 700mChurchfields Infants' School
- 1.0kmOakdale Infants' School
- 1.4kmWoodbridge High School
- 1.4kmFrederick Bremer School
- 1.5kmWoodford County High School
More reading links
Public Transport Nearby
From Flat 2, Cherry Tree Court 54, the nearest station is South Woodford, 800 metres away.
- 800mSouth Woodford
- 1.5kmSnaresbrook
- 1.5kmWood Street
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
