1/19

£395,000

Asking price

2 bed house for sale Cherry Tree Lane, Rainham

2 beds 1 bath Detached bungalow

Freehold

Added today

About this property

Situated in a convenient residential location, this well-proportioned two-bedroom vacant/no chain bungalow offers comfortable single-level living and would be ideal for downsizers, first-time buyers or investors alike. The property provides approximately 796 sq.ft.

Key features

**VACANT/NO CHAIN**
Spacious single-storey living
Practical internal layout
Spacious 16ft kitchen
Two bedroom bungalow
Potential to modernise
External utility room
Off street parking
Wet Room

Floorplan

Price guide

This home (approx.)

£496 / sq ft

Area average (sold)

£452 / sq ft

Price per area, sold homes nearby

£357 / sq ft

£496 / sq ft

£550 / sq ft

Lowest

This home

Highest

About £496 per sq ft, above the middle of recent sales in RM13 (£357–£550, 10th–90th percentile, 686 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 686 homes sold in RM13 over the last 24 months. This home's figure uses its asking price and a floor area matched from the EPC register, so it is approximate. All sold £/sq ft in RM13 →

Location

Cherry Tree Lane, Rainham, RM13 8TH

Open map Street View

Council tax: Band D (Approx £2,425/year)

Mortgage and stamp duty

Property price £395,000

£197k £593k

Deposit10% £40,000

£0 £395k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £355,000 mortgage. Most lenders would want a household income of about £79,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in RM13 8TH. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
19, Cherry Tree Lane Semi-detached	Semi-detached	Oct 2024	807 sq ft £434/sq ft	807 sq ft	£434	£350,000
25, Cherry Tree Lane Detached	Detached	Jan 2021	710 sq ft £497/sq ft	710 sq ft	£497	£353,000
25, Cherry Tree Lane Detached	Detached	Oct 2017	710 sq ft £401/sq ft	710 sq ft	£401	£285,000
2, Cherry Tree Lane Semi-detached	Semi-detached	Oct 2015	1,173 sq ft £291/sq ft	1,173 sq ft	£291	£342,000
12, Cherry Tree Lane Semi-detached	Semi-detached	Nov 2004	—	—	—	£172,000
4, Cherry Tree Lane Semi-detached	Semi-detached	Feb 2002	969 sq ft £138/sq ft	969 sq ft	£138	£134,000
6, Cherry Tree Lane Semi-detached	Semi-detached	Aug 2001	—	—	—	£95,000
17a, Cherry Tree Lane Terraced	Terraced	May 1999	—	—	—	£85,000