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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Cherry Tree Gardens, Nelson is a modern freehold house with 1,657 ft2 of internal area and sits on a 440 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Cherry Tree Gardens, Nelson is £229,078 and the estimated rental value is £1,041 per month.
Cherry Tree Gardens, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
2, Cherry Tree Gardens, Nelson has 21 entries in the Land Registry , most recently in October 2019 and a single entry in the EPC database dated June 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 Tree Gardens, Nelson is in very good condition we estimate a sale value of £240,532 and a rental value of £1,093 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £213,042 and a rental value of £968 per month.
Over the last 12 months the sale value of 2 Cherry Tree Gardens Nelson has increased by an estimated £8,139 (3.6%) and its rental value has increased by an estimated £35 per month (3.4%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 2, Cherry Tree Gardens, Nelson sits on a plot of 440m2.
We have plot size data on 6 out of 6 other houses in the postcode and 2, Cherry Tree Gardens, Nelson sits on the largest plot.
2, Cherry Tree Gardens, Nelson has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jun 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Cherry Tree Gardens, Nelson was last sold on 25th October 2019 for £200,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2019, the market for similar properties has dropped 24.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Cherry Tree Gardens, Nelson within a radius of 670 metres over the last 2 years.
The most recent example is 53, Trent Road, Nelson, BB9 0NX, a leasehold house which sold for £220,000 on the 10th February 2023.
Read more about house prices in BB9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherry Tree Gardens, Nelson, BB9 has a total of 6 addresses. According to our analysis of all the public data, 2, Cherry Tree Gardens, Nelson is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £83k more expensive than the average property in BB9.
The closest station to 2, Cherry Tree Gardens, Nelson is Nelson station which is 1.3 kilometres away.
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 Tree Gardens, Nelson, 47.2% of property is privately owned with a mortgage and 39.6% is privately owned outright.
The graph below shows how this compares to North West 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 Tree Gardens, Nelson, 27.6% of residents are recorded as possessing school level qualifications and 28.4% as possessing degree level qualifications.
The graph below shows how this compares to North West 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 Tree Gardens, Nelson, the average age was 39.2 and the most common age was 12.
The graph below shows how this compares to North West 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 Tree Gardens, Nelson, 0.3% of property was a second home.
Comparison figures for North West 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 Tree Gardens, Nelson, there are an average of 1.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.
