3, Cherry Close
3, Cherry Close
Description & Estimates
Public records show 3, Cherry Close, Lee-On-The-Solent to be a modern leasehold apartment with 699 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
3, Cherry Close, Lee-On-The-Solent has an estimated sale value of £177,141 and an estimated rental value of £1,004 per month, assuming reasonable condition and based on the information available.
Cherry Close, Lee-On-The-Solent, PO13 lies in the borough of Gosport, within the PO13 postal district.
Our Data Sources
3, Cherry Close, Lee-On-The-Solent has a single entry in the Land Registry from December 2008 and a single entry in the EPC database dated November 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 3, Cherry Close, Lee-On-The-Solent would be worth £185,998, with a potential rental value of £1,054 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £164,741, with a rental value of £934 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Cherry Close, Lee-On-The-Solent has decreased by £3,469 (2.0%) over the last year. During the same period, its estimated monthly rental value has grown by £33 (3.3%). The property's estimated gross yield is currently 6.8%.
Energy Efficiency
3, Cherry Close, Lee-On-The-Solent has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Nov 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Cherry Close, Lee-On-The-Solent last changed hands on 15th December 2008, selling for £50,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 57.1% since December 2008.
- Sold Dec 2008£50,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 490 metres of 3, Cherry Close, Lee-On-The-Solent across the last 2 years.
Most recently, 4, Cherry Close, Lee-On-The-Solent, PO13 9EW, a leasehold flat, sold at £180,000 on the 26th September 2024.
Read more about house prices in PO13.
- Sold Sep 2024£180,000 | 2 Bed FlatCherry Close4, Cherry Close, Lee-On-The-Solent, PO13 9EW
- Sold Nov 2023£157,000 | 3 Bed FlatBerkeley Court 25, Elmore RoadFlat 24, Berkeley Court 25, Elmore Road, Lee-On-The-Solent, PO13 9AR
- Sold Nov 2018£85,000 | 2 Bed FlatElmore Road36, Elmore Road, Lee-On-The-Solent, PO13 9DU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 3, Cherry Close, Lee-On-The-Solent as the 15th largest and the 15th most expensive of the 23 addresses on Cherry Close, Lee-On-The-Solent, PO13.
Against the PO13 postcode district average, it is £125k less expensive than the typical property.
More reading links
Schools Nearby
- 200mLee-On-the-Solent Infant and Nursery School
- 300mLee-on-the-Solent Junior School
- 1.6kmAlver Valley Junior School
- 2.4kmKing's Academy Bay House
- 2.7kmKing's Academy Brune Park
- 2.7kmCrofton School
More reading links
Public Transport Nearby
Portsmouth Harbour station is the nearest stop to 3, Cherry Close, Lee-On-The-Solent at 5.9 kilometres away.
- 5.9kmPortsmouth Harbour
- 6.0kmFareham
- 6.7kmSouthsea Hoverport
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
