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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Cherry Tree Close, Carnforth is £193,265 and the estimated rental value is £1,130 per month.
Cherry Tree Close, Bolton Le Sands, Carnforth, LA5 is located in the borough of Lancaster within the LA5 postal district.
5, Cherry Tree Close, Carnforth has a single entry in the Land Registry from September 2024 and a single entry in the EPC database dated April 2024.
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 5, Cherry Tree Close, Carnforth is in very good condition we estimate a sale value of £202,928 and a rental value of £1,187 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £179,736 and a rental value of £1,051 per month.
Over the last 12 months the sale value of 5 Cherry Tree Close Carnforth has increased by an estimated £675 (0.3%) and its rental value has increased by an estimated £38 per month (3.4%), giving an expected gross yield of 7%.
According to data from HM Land Registry, 5, Cherry Tree Close, Carnforth sits on a plot of 306m2.
We have plot size data on 8 out of 11 other houses in the postcode and 5, Cherry Tree Close, Carnforth sits on the 7th largest plot.
5, Cherry Tree Close, Carnforth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Apr 2024.
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, 5, Cherry Tree Close, Carnforth was last sold on 27th September 2024 for £185,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2024, the market for similar properties has dropped 11.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Cherry Tree Close, Carnforth within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 10, Easedale Close, Carnforth, LA5 8LX, a freehold house which sold for £208,000 on the 26th October 2023.
Read more about house prices in LA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherry Tree Close, Bolton Le Sands, Carnforth, LA5 has a total of 14 addresses. According to our analysis of all the public data, 5, Cherry Tree Close, Carnforth is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £127k less expensive than the average property in LA5.
The closest station to 5, Cherry Tree Close, Carnforth is Bare Lane station which is 3.3 kilometres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5, Cherry Tree Close, Carnforth, 41.3% of property is privately owned outright and 41.3% is privately owned with a mortgage.
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 5, Cherry Tree Close, Carnforth, 19.5% of residents are recorded as possessing school level qualifications and 42.9% 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 5, Cherry Tree Close, Carnforth, the average age was 49.1 and the most common age was 72.
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 5, Cherry Tree Close, Carnforth, 0.5% 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 5, Cherry Tree Close, Carnforth, 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.