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Cherry Tree Way is a residential street with 10 addresses.
It ranks as the 304th largest and 284th most expensive of the 1,287 streets in the NG16 area. The dominant property type is a modern house built after 1980.
The street contains a total of 10 properties: 10 houses.
Cherry Tree Way is a residential street with 10 addresses.
It ranks as the 304th largest and 284th most expensive of the 1,287 streets in the NG16 area. The dominant property type is a modern house built after 1980.
The street contains a total of 10 properties: 10 houses.
Sale prices range from £158,385 for 2 bedroom freehold houses with a garden (592 ft2) to £197,529 for 3 bedroom freehold houses with a garden (880 ft2) .
Monthly rental prices range from £801 pcm for 2 bed houses to £968 pcm for 3 bed houses.
The gross rental yield is between 5.9% and 6.1%.
The average value per square foot is £261.
The last sale on Cherry Tree Way sold for £160,000 on 15th December 2023. Since then prices are up an average of 1.4%.
The current average value in the street is £173,385.
The Cherry Tree Way Sales Market has increased by 54.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -3.1% | £173,385 |
| May 2025 | 3.9% | £178,859 |
| May 2024 | 0.2% | £172,207 |
| May 2023 | 4.4% | £171,822 |
| May 2022 | 11.7% | £164,652 |
| May 2021 | 11.1% | £147,418 |
| May 2020 | 1.6% | £132,694 |
| May 2019 | 3.7% | £130,561 |
| May 2018 | 6.4% | £125,946 |
| May 2017 | 5.7% | £118,417 |
| May 2016 | 4.5% | £112,038 |
| May 2015 | 4% | £107,198 |
| May 2014 | 7.1% | £103,030 |
| May 2013 | 2% | £96,231 |
| May 2012 | -0.7% | £94,330 |
| May 2011 | -1.8% | £94,953 |
| May 2010 | 2.2% | £96,720 |
| May 2009 | -10.9% | £94,683 |
| May 2008 | -3% | £106,215 |
| May 2007 | 0% | £109,462 |
The current average rental value in the street is £868.
The Cherry Tree Way Rental Market has increased by 69.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.8% | £868pcm |
| May 2025 | 4.4% | £852pcm |
| May 2024 | 6.7% | £816pcm |
| May 2023 | 10.5% | £765pcm |
| May 2022 | 11.7% | £692pcm |
| May 2021 | 7.7% | £620pcm |
| May 2020 | 3.7% | £575pcm |
| May 2019 | 2.4% | £555pcm |
| May 2018 | 2.4% | £542pcm |
| May 2017 | 3.1% | £529pcm |
| May 2016 | 2.7% | £513pcm |
| May 2015 | 0.8% | £500pcm |
| May 2014 | 5.3% | £496pcm |
| May 2013 | 1.5% | £471pcm |
| May 2012 | -1.5% | £464pcm |
| May 2011 | 2.3% | £471pcm |
| May 2010 | 1% | £461pcm |
| May 2009 | -7.3% | £456pcm |
| May 2008 | 1.5% | £492pcm |
| May 2007 | 0% | £484pcm |
The last sale was on 15th December 2023 for £160,000 and since then the market in the area has increased by 1.4%. The street has had a total of 17 sales since 1995.
Cherry Tree Way, Langley Mill, Nottingham, NG16 has seen 2 sales in the last three years and no sales in the last twelve months.
Cherry Tree Way, Langley Mill, Nottingham, NG16 is the 304th largest and the 284th most expensive street in the NG16 area.
There is 1 postcode on Cherry Tree Way, Langley Mill, Nottingham, NG16.
The closest station to Cherry Tree Way, Langley Mill, Nottingham, NG16 is Langley Mill station which is 800 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Cherry Tree Way, Langley Mill, Nottingham, NG16, 32.7% of property is privately owned with a mortgage and 28.6% is privately owned outright.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Cherry Tree Way, Langley Mill, Nottingham, NG16, 13.3% of residents are recorded as possessing school level qualifications and 20.6% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Cherry Tree Way, Langley Mill, Nottingham, NG16, the average age was 41.4 and the most common age was 52.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Cherry Tree Way, Langley Mill, Nottingham, NG16, 0.5% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Cherry Tree Way, Langley Mill, Nottingham, NG16, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.