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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, 7, Cherrytree Road, Chester Le Street is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Cherrytree Road, Chester Le Street is £54,891 and the estimated rental value is £438 per month.
Cherrytree Road, Chester Le Street, DH2 is located within the DH2 postal district.
7, Cherrytree Road, Chester Le Street has 31 entries in the Land Registry , most recently in August 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 1 out of 5 and is considered of low 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 7, Cherrytree Road, Chester Le Street is in very good condition we estimate a sale value of £57,636 and a rental value of £459 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £51,049 and a rental value of £407 per month.
Over the last 12 months the sale value of 7 Cherrytree Road Chester Le Street has decreased by an estimated £438 (0.8%) and its rental value has increased by an estimated £7 per month (1.7%), giving an expected gross yield of 9.6%.
According to HM Land Registry, 7, Cherrytree Road, Chester Le Street was last sold on 3rd August 2007 for £93,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since August 2007, the market for similar properties has dropped 6.9%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 850 metres radius of 7, Cherrytree Road, Chester Le Street over the last 2 years.
The most recent example is 6, Lilac Grove, Chester Le Street, DH2 2LR, a leasehold flat which sold for £78,000 on the 16th October 2020.
Read more about house prices in DH2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherrytree Road, Chester Le Street, DH2 has a total of 17 addresses. According to our analysis of all the public data, 7, Cherrytree Road, Chester Le Street is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £103k less expensive than the average property in DH2.
The closest station to 7, Cherrytree Road, Chester Le Street is Chester-le-Street station which is 1.3 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Cherrytree Road, Chester Le Street, 48.9% of property is privately owned outright and 33.6% is privately owned with a mortgage.
The graph below shows how this compares to North East 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 7, Cherrytree Road, Chester Le Street, 13.0% of residents are recorded as possessing school level qualifications and 22.4% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 7, Cherrytree Road, Chester Le Street, the average age was 46.7 and the most common age was 57.
The graph below shows how this compares to North East 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 7, Cherrytree Road, Chester Le Street, 4.4% of property was a second home.
Comparison figures for North East 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 7, Cherrytree Road, Chester Le Street, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.
