2, Cherry Tree Drive
2, Cherry Tree Drive
Description & Estimates
According to the public record, 2, Cherry Tree Drive, Market Harborough is a modern freehold house with 2,658 ft2 of internal area and sits on a 472 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Cherry Tree Drive, Market Harborough is £725,480 and the estimated rental value is £2,067 per month.
Cherry Tree Drive, Market Harborough, LE16 is located in the borough of Harborough within the LE16 postal district.
Our Data Sources
2, Cherry Tree Drive, Market Harborough has a single entry in the Land Registry from March 2021 and a single entry in the EPC database dated March 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 Tree Drive, Market Harborough is in very good condition we estimate a sale value of £761,754 and a rental value of £2,170 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £674,696 and a rental value of £1,922 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Cherry Tree Drive, Market Harborough has decreased by £7,170 (1.0%), while its estimated rental value has grown by £19 per month (0.9%). Based on current estimates, the property offers a gross rental yield of 3.4%.
Plot Size
According to data from HM Land Registry, 2, Cherry Tree Drive, Market Harborough sits on a plot of 472 m2.
We have plot size data on 7 out of 8 other houses in the postcode and 2, Cherry Tree Drive, Market Harborough sits on the 2nd largest plot.
Energy Efficiency
2, Cherry Tree Drive, Market Harborough has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Mar 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 2, Cherry Tree Drive, Market Harborough was last sold on 26th March 2021 for £654,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2021, the market for similar properties has risen by 9.9%.
- Sold Mar 2021£654,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Cherry Tree Drive, Market Harborough within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 36, Sycamore Road, Market Harborough, LE16 7GU, a freehold house which sold for £799,995 on the 24th March 2023.
Read more about house prices in LE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Cherry Tree Drive, Market Harborough, LE16 has a total of 8 addresses. According to our analysis of all the public data, 2, Cherry Tree Drive, Market Harborough is the largest and the most expensive property on the street.
When compared to the postcode district it is £343k more expensive than the average property in LE16.
More reading links
Schools Nearby
- 1.0kmRidgeway Primary Academy
- 1.0kmWellington Place Primary School
- 1.2kmMarket Harborough Church of England Academy
- 600mThe Robert Smyth Academy
- 1.9kmWelland Park Academy
- 6.6kmKibworth Mead Academy
More reading links
Public Transport Nearby
The closest station to 2, Cherry Tree Drive, Market Harborough is Market Harborough station, which is 1.8 kilometres away.
- 1.8kmMarket Harborough
- 16.2kmCorby
- 17.2kmSouth Wigston
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
