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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 Tree Way, Nottingham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 858 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Cherry Tree Way, Nottingham is £194,180 and the estimated rental value is £956 per month.
Cherry Tree Way, Langley Mill, Nottingham, NG16 is located in the borough of Amber Valley within the NG16 postal district.
2, Cherry Tree Way, Nottingham has a single entry in the Land Registry from February 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 2, Cherry Tree Way, Nottingham is in very good condition we estimate a sale value of £203,889 and a rental value of £1,004 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £180,587 and a rental value of £889 per month.
Over the last 12 months the sale value of 2 Cherry Tree Way Nottingham has decreased by an estimated £5,661 (2.9%) and its rental value has increased by an estimated £19 per month (2.0%), giving an expected gross yield of 5.9%.
According to HM Land Registry, 2, Cherry Tree Way, Nottingham was last sold on 5th February 2007 for £106,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2007, the market for similar properties has risen 59.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Cherry Tree Way, Nottingham within a radius of 900 metres over the last 2 years.
The most recent example is 22, Minkley Drive, Nottingham, NG16 4JA, a freehold house which sold for £215,000 on the 1st March 2024.
Read more about house prices in NG16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherry Tree Way, Langley Mill, Nottingham, NG16 has a total of 10 addresses. According to our analysis of all the public data, 2, Cherry Tree Way, Nottingham is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in NG16.
The closest station to 2, Cherry Tree Way, Nottingham is Langley Mill station which is 800 metres 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 Tree Way, Nottingham, 32.7% of property is privately owned with a mortgage and 28.6% is privately owned outright.
The graph below shows how this compares to East 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 Tree Way, Nottingham, 13.3% of residents are recorded as possessing school level qualifications and 20.6% as possessing degree level qualifications.
The graph below shows how this compares to East 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 Tree Way, Nottingham, the average age was 41.4 and the most common age was 52.
The graph below shows how this compares to East 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 Tree Way, Nottingham, 0.5% of property was a second home.
Comparison figures for East 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 Tree Way, Nottingham, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
