Flat 4, Cherry Tree Court 54
Flat 4, Cherry Tree Court 54
Description & Estimates
Flat 4, Cherry Tree Court 54 is recorded publicly as a mid-century leasehold apartment across 495 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 4, Cherry Tree Court 54 is £271,209 and its rental estimate is £1,485 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 4, Cherry Tree Court 54 has 2 entries in the Land Registry , most recently in October 2024 and a single entry in the EPC database dated March 2018.
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 4, Cherry Tree Court 54, we estimate a market value of £284,769 and a rental value of £1,559 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £252,224 and £1,381 per month respectively.
Recent Market Change
Over the last year, Flat 4, Cherry Tree Court 54 has seen its estimated sale value decrease by £2,742 (1.0%) and its estimated rental value grow by £66 per month (4.5%). This results in an estimated gross rental yield of 6.6%.
Energy Efficiency
Flat 4, Cherry Tree Court 54 has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Mar 2018.
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 4, Cherry Tree Court 54 completed on 4th October 2024 at £285,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 4.4% over the period since October 2024.
- Sold Oct 2024£285,000
- Sold Jun 2011£169,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 4, 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, 26, Grove Hill, London, E18 2JG, a leasehold flat which sold for £250,000.
Read more about house prices in E18.
- Sold Oct 2024£250,000 | 1 Bed Flat26, Grove HillFlat 4, 26, Grove Hill, London, E18 2JG
- Sold May 2024£285,000 | 1 Bed FlatMalford Court, The DriveFlat 52, Malford Court, The Drive, London, E18 2HS
- Sold Jun 2022£260,000 | 1 Bed FlatCherry Tree Court 54, Grove HillFlat 2, 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 4, Cherry Tree Court 54 comes out as the 182nd largest and the 197th most expensive in our analysis of the public data.
It is also £329k 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 4, 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.
