Cherry Tree Lodge, Ilkeston
Cherry Tree Lodge, Ilkeston
Description & Estimates
Cherry Tree Lodge, Ilkeston appears in the public record as a freehold house sitting on a 1,066 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 2,387 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of Cherry Tree Lodge, Ilkeston is £758,816 and its rental estimate is £2,394 per month, given the available information and assuming reasonable condition.
Common Lane, Stanley Common, Ilkeston, DE7 falls within the DE7 postal district, in the borough of Erewash.
Our Data Sources
Cherry Tree Lodge, Ilkeston has 2 entries in the Land Registry , most recently in September 2013 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Cherry Tree Lodge, Ilkeston, we estimate a market value of £796,757 and a rental value of £2,514 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £705,699 and £2,226 per month respectively.
Recent Market Change
Over the last year, Cherry Tree Lodge, Ilkeston has seen its estimated sale value decline by £23,576 (3.1%) and its estimated rental value climb by £49 per month (2.0%). This results in an estimated gross rental yield of 3.8%.
Plot Size
HM Land Registry records the plot of land for Cherry Tree Lodge, Ilkeston as measuring 1,066 m2.
That makes it the 5th largest plot in the postcode, where 13 of the 20 other houses have recorded plot data.
Sold Prices
The most recent sale of Cherry Tree Lodge, Ilkeston completed on 5th September 2013 at £372,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 45.5% over the period since September 2013.
- Sold Sep 2013£372,500
- Sold Mar 2008£372,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to Cherry Tree Lodge, Ilkeston has sold within a radius of 1.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th November 2019, was Brookhouse, Morley Lane, Ilkeston, DE7 6EZ, a freehold house which sold for £600,000.
Read more about house prices in DE7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 20 addresses on Common Lane, Stanley Common, Ilkeston, DE7, Cherry Tree Lodge, Ilkeston comes out as the 3rd largest and the most expensive in our analysis of the public data.
It is also £546k more expensive than the average property across the DE7 district.
More reading links
Schools Nearby
- 200mStanley Common Church of England Primary School
- 1.5kmScargill CofE Primary School
- 1.7kmSt Andrew's CofE Primary School
- 3.8kmSaint John Houghton Catholic Voluntary Academy
- 4.2kmKirk Hallam Community Academy
- 4.2kmHeanor Gate Spencer Academy
More reading links
Public Transport Nearby
From Cherry Tree Lodge, Ilkeston, the nearest station is Ilkeston, 5.9 kilometres away.
- 5.9kmIlkeston
- 6.0kmLangley Mill
- 7.1kmDuffield
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
