2, Cherry Tree Rise
2, Cherry Tree Rise
Description & Estimates
According to the public record, 2, Cherry Tree Rise, Gainsborough is a mid-century freehold house with 1,237 ft2 of internal area and sits on a 1,204 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 Rise, Gainsborough is £325,167 and the estimated rental value is £1,165 per month.
Cherry Tree Rise, Scotter, Gainsborough, DN21 is located in the borough of West Lindsey within the DN21 postal district.
Our Data Sources
2, Cherry Tree Rise, Gainsborough has a single entry in the Land Registry from October 2020 and a single entry in the EPC database dated June 2020.
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.
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 Rise, Gainsborough is in very good condition we estimate a sale value of £341,425 and a rental value of £1,224 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £302,405 and a rental value of £1,084 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Cherry Tree Rise, Gainsborough has fallen by £5,337 (1.6%), while its estimated rental value has moved up by £41 per month (3.5%). Based on current estimates, the property offers a gross rental yield of 4.3%.
Plot Size
According to data from HM Land Registry, 2, Cherry Tree Rise, Gainsborough sits on a plot of 1,204 m2.
We have plot size data on 5 out of 7 other houses in the postcode and 2, Cherry Tree Rise, Gainsborough sits on the 2nd largest plot.
Energy Efficiency
2, Cherry Tree Rise, Gainsborough has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Jun 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Warm air, mains gas.
Sold Prices
According to HM Land Registry, 2, Cherry Tree Rise, Gainsborough was last sold on 5th October 2020 for £255,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2020, the market for similar properties has risen by 9.1%.
- Sold Oct 2020£255,000
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 Rise, Gainsborough within a radius of 3.2 kilometres over the last 2 years.
The most recent example is 10, Riverside, Gainsborough, DN21 3UG, a freehold house which sold for £325,000 on the 8th December 2021.
Read more about house prices in DN21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Cherry Tree Rise, Scotter, Gainsborough, DN21 has a total of 7 addresses. According to our analysis of all the public data, 2, Cherry Tree Rise, Gainsborough is the 6th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £138k more expensive than the average property in DN21.
More reading links
Schools Nearby
- 500mScotter Primary School
- 3.4kmMessingham Primary School
- 5.5kmKirton Lindsey Primary Academy
- 5.8kmKirton Academy
- 7.0kmFrederick Gough School
- 7.9kmSt Bede's Catholic Voluntary Academy
More reading links
Public Transport Nearby
The closest station to 2, Cherry Tree Rise, Gainsborough is Kirton Lindsey station, which is 4.8 kilometres away.
- 4.8kmKirton Lindsey
- 9.8kmScunthorpe
- 10.7kmAlthorpe
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
