Cherrywood Drive - CO3 4LU
Key Street Insights
Cherrywood Drive is a residential street with 25 addresses.
It ranks as the 263rd largest and 307th most expensive of the 454 streets in the CO3 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 25 properties: 25 houses.
- Ave. Sale Price
- £435,098
- 10 Year change
- up 28.7%
- Ave. Rental Price
- £1,996pcm
- 10 Year change
- up 61.5%
- Ave. £ per ft²
- £387/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Street Insights
Cherrywood Drive is a residential street with 25 addresses.
It ranks as the 263rd largest and 307th most expensive of the 454 streets in the CO3 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 25 properties: 25 houses.
- Ave. Sale Price
- £435,098
- 10 Year change
- up 28.7%
- Ave. Rental Price
- £1,996pcm
- 10 Year change
- up 61.5%
- Ave. £ per ft²
- £387/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Propertieson Cherrywood Drive, Colchester, CO3
- 1 Cherrywood Drive
4 Bed Mid-century House
- 2 Cherrywood Drive
5 Bed Modern House
- 3 Cherrywood Drive
4 Bed Mid-century House
- 4 Cherrywood Drive
Unknown
- 5 Cherrywood Drive
3 Bed Mid-century House
Sales Market Trends
The last sale on Cherrywood Drive sold for £603,000 on 8th August 2023. Since then prices are down an average of 1.1%.
The current average value in the street is £435,098.
The Cherrywood Drive Sales Market has increased by 28.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £435,098 |
| June 2025 | 2.6% | £436,768 |
| June 2024 | -3.5% | £425,839 |
| June 2023 | 1.8% | £441,284 |
| June 2022 | 8% | £433,618 |
| June 2021 | 8.8% | £401,622 |
| June 2020 | 0.7% | £369,004 |
| June 2019 | 0.8% | £366,451 |
| June 2018 | -1.7% | £363,500 |
| June 2017 | 9.4% | £369,967 |
| June 2016 | 7.8% | £338,106 |
| June 2015 | 9.7% | £313,695 |
| June 2014 | 8.4% | £285,997 |
| June 2013 | 0.2% | £263,916 |
| June 2012 | 3.1% | £263,355 |
| June 2011 | 1.8% | £255,322 |
| June 2010 | 8.1% | £250,741 |
| June 2009 | -9.5% | £231,894 |
| June 2008 | -4.8% | £256,247 |
| June 2007 | 0% | £269,120 |
Rental Market Trends
The current average rental value in the street is £1,996.
The Cherrywood Drive Rental Market has increased by 61.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £1,996pcm |
| June 2025 | 6.5% | £1,947pcm |
| June 2024 | 6.5% | £1,828pcm |
| June 2023 | 5.8% | £1,716pcm |
| June 2022 | 8.9% | £1,621pcm |
| June 2021 | 8.3% | £1,489pcm |
| June 2020 | 3.1% | £1,375pcm |
| June 2019 | 1.9% | £1,334pcm |
| June 2018 | 1.2% | £1,309pcm |
| June 2017 | 4.7% | £1,293pcm |
| June 2016 | 3.6% | £1,236pcm |
| June 2015 | 3.5% | £1,193pcm |
| June 2014 | 2.1% | £1,152pcm |
| June 2013 | 0% | £1,129pcm |
| June 2012 | 0.5% | £1,129pcm |
| June 2011 | 3% | £1,124pcm |
| June 2010 | 7.9% | £1,091pcm |
| June 2009 | -4.9% | £1,012pcm |
| June 2008 | 0.7% | £1,064pcm |
| June 2007 | 0% | £1,056pcm |
Sales History
The last sale was on 8th August 2023 for £603,000 and since then the market in the area has decreased by 1.1%. The street has had a total of 24 sales since 1995.
Cherrywood Drive, Colchester, CO3 has seen 5 sales in the last three years and no sales in the last twelve months.
- Sold Aug 2023£603,000 | 4 Bed House17, Cherrywood Drive, Colchester, CO3 4LU17, Cherrywood Drive, Colchester, CO3 4LU
- Sold Jul 2023£335,000 | 3 Bed House20, Cherrywood Drive, Colchester, CO3 4LU20, Cherrywood Drive, Colchester, CO3 4LU
- Sold Apr 2023£455,000 | 3 Bed House25, Cherrywood Drive, Colchester, CO3 4LU25, Cherrywood Drive, Colchester, CO3 4LU
- Sold Mar 2023£335,000 | 3 Bed House10, Cherrywood Drive, Colchester, CO3 4LU10, Cherrywood Drive, Colchester, CO3 4LU
- Sold Feb 2023£435,000 | 3 Bed House22, Cherrywood Drive, Colchester, CO3 4LU22, Cherrywood Drive, Colchester, CO3 4LU
Top 3 Most Expensive Sales
- Sold Aug 2023£603,000 | 4 Bed House17, Cherrywood Drive, Colchester, CO3 4LU17, Cherrywood Drive, Colchester, CO3 4LU
- Sold Mar 2021£505,000 | 4 Bed House19, Cherrywood Drive, Colchester, CO3 4LU19, Cherrywood Drive, Colchester, CO3 4LU
- Sold Apr 2023£455,000 | 3 Bed House25, Cherrywood Drive, Colchester, CO3 4LU25, Cherrywood Drive, Colchester, CO3 4LU
Nearby Streets
Cherrywood Drive, Colchester, CO3 is the 263rd largest and the 307th most expensive street in the CO3 area.
- Weavers Close, Colchester, CO314 Addresses|95 m away
- Woodland Drive, Stanway, Colchester, CO326 Addresses|148 m away
- Richardson Walk, Colchester, CO39 Addresses|163 m away
- Straight Road, Colchester, CO3305 Addresses|167 m away
- Rudsdale Way, Colchester, CO374 Addresses|172 m away
- Jeffrey Close, Colchester, CO314 Addresses|176 m away
Property Types
- 3 modern houses built after 1980
- 14 mid-century houses built between 1936 and 1979
- 8 other addresses of unknown type
- modern house (3)
- mid-century house (14)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 17 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (8)
- G (0)
- D (7)
- No EPC (8)
Schools Nearby
- St Teresa's Catholic Primary School, Colchester400 m away
- Home Farm Primary School500 m away
- Prettygate Junior School800 m away
- Philip Morant School and College1.1 km away
- The Stanway School1.2 km away
- Paxman Academy1.3 km away
More reading links
Public Transport Nearby
The closest station to Cherrywood Drive, Colchester, CO3 - CO3 4LU is Colchester Town station, which is 3.3 kilometres away.
- Colchester Town|3.3 km away
- Colchester|3.3 km away
- Hythe (Essex)|4.9 km away