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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 1, Cherrywood Close is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 742 ft2 of internal area and sits on a 88.5 m2 plot and a garden.
Houses of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Cherrywood Close is £773,938 and the estimated rental value is £3,695 per month.
Cherrywood Close, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
1, Cherrywood Close has a single entry in the Land Registry from April 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Cherrywood Close is in very good condition we estimate a sale value of £812,635 and a rental value of £3,880 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £719,763 and a rental value of £3,437 per month.
Over the last 12 months the sale value of 1 Cherrywood Close has decreased by an estimated £26,354 (3.4%) and its rental value has increased by an estimated £129 per month (3.5%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 1, Cherrywood Close sits on a plot of 89m2.
We have plot size data on 2 out of 37 other houses in the postcode and 1, Cherrywood Close sits on the 2nd largest plot.
According to HM Land Registry, 1, Cherrywood Close was last sold on 2nd April 2007 for £227,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2007, the market for similar properties has risen 56.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Cherrywood Close within a radius of 300 metres over the last 2 years.
The most recent example is 9, St. Stephens Road, London, E3 5JD, a freehold house which sold for £808,000 on the 20th December 2022.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherrywood Close, London, E3 has a total of 74 addresses. According to our analysis of all the public data, 1, Cherrywood Close is the 49th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £327k more expensive than the average property in E3.
The nearest school is Olga Primary School which is 265 metres away. The nearest train station is Mile End which is 400 metres away.
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