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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Cherry Drive, Ellesmere is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,580 ft2 of internal area and sits on a 769 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Cherry Drive, Ellesmere is £453,962 and the estimated rental value is £1,411 per month.
Cherry Drive, Ellesmere, SY12 is located within the SY12 postal district.
2, Cherry Drive, Ellesmere has 2 entries in the Land Registry , most recently in March 2020 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 3 out of 5 and is considered of medium 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 2, Cherry Drive, Ellesmere is in very good condition we estimate a sale value of £476,660 and a rental value of £1,481 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £422,185 and a rental value of £1,312 per month.
Over the last 12 months the sale value of 2 Cherry Drive Ellesmere has increased by an estimated £1,221 (0.3%) and its rental value has increased by an estimated £32 per month (2.2%), giving an expected gross yield of 3.7%.
According to data from HM Land Registry, 2, Cherry Drive, Ellesmere sits on a plot of 769m2.
We have plot size data on 48 out of 53 other houses in the postcode and 2, Cherry Drive, Ellesmere sits on the 2nd largest plot.
According to HM Land Registry, 2, Cherry Drive, Ellesmere was last sold on 12th March 2020 for £310,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2020, the market for similar properties has risen 35.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Cherry Drive, Ellesmere within a radius of 920 metres over the last 2 years.
The most recent example is 10, Cedar Avenue, Ellesmere, SY12 9PA, a freehold house which sold for £449,995 on the 16th July 2024.
Read more about house prices in SY12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherry Drive, Ellesmere, SY12 has a total of 53 addresses. According to our analysis of all the public data, 2, Cherry Drive, Ellesmere is the largest and the most expensive property on the street.
When compared to the postcode district it is £167k more expensive than the average property in SY12.
The closest station to 2, Cherry Drive, Ellesmere is Gobowen station which is 8.8 kilometres away.
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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Cherry Drive, Ellesmere, 75.6% of property is privately owned outright and 18.2% is privately owned with a mortgage.
The graph below shows how this compares to West 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 2, Cherry Drive, Ellesmere, 13.1% of residents are recorded as possessing school level qualifications and 31.2% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Cherry Drive, Ellesmere, the average age was 46.9 and the most common age was 57.
The graph below shows how this compares to West 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 2, Cherry Drive, Ellesmere, 0.3% of property was a second home.
Comparison figures for West 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 2, Cherry Drive, Ellesmere, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
