Cherry Trees, Leicester
Cherry Trees, Leicester
Description & Estimates
Cherry Trees, Leicester appears in the public record as a freehold house sitting on a 1,331 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,655 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of Cherry Trees, Leicester is £702,875 and its rental estimate is £2,209 per month, given the available information and assuming reasonable condition.
Forest Drive, Kirby Muxloe, Leicester, LE9 falls within the LE9 postal district, in the borough of Blaby.
Our Data Sources
Cherry Trees, Leicester has 21 entries in the Land Registry , most recently in June 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 3 out of 5 and is considered of medium 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 Trees, Leicester, we estimate a market value of £738,018 and a rental value of £2,320 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £653,674 and £2,055 per month respectively.
Recent Market Change
Over the last year, Cherry Trees, Leicester has seen its estimated sale value decrease by £8,144 (1.2%) and its estimated rental value grow by £49 per month (2.2%). This results in an estimated gross rental yield of 3.8%.
Plot Size
HM Land Registry records the plot of land for Cherry Trees, Leicester as measuring 1,331 m2.
That makes it the 24th largest plot in the postcode, where 48 of the 52 other houses have recorded plot data.
Sold Prices
The most recent sale of Cherry Trees, Leicester completed on 21st June 2013 at £460,000 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 29.4% over the period since June 2013.
- Sold Jun 2013£460,000
- Sold Mar 1996£126,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Cherry Trees, Leicester have sold within a radius of 900 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th May 2024, was 1, Linden Lane, Leicester, LE9 2EG, a freehold house which sold for £542,500.
Read more about house prices in LE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 52 addresses on Forest Drive, Kirby Muxloe, Leicester, LE9, Cherry Trees, Leicester comes out as the 42nd largest and the 38th most expensive in our analysis of the public data.
It is also £412k more expensive than the average property across the LE9 district.
More reading links
Schools Nearby
- 600mKirby Muxloe Primary School
- 1.1kmStafford Leys Community Primary School
- 1.7kmFossebrook Primary School
- 3.1kmThe Winstanley School
- 3.1kmBrookvale Groby Learning Campus
- 3.5kmThe Herewoode Academy
More reading links
Public Transport Nearby
From Cherry Trees, Leicester, the nearest station is Narborough, 6.7 kilometres away.
- 6.7kmNarborough
- 6.8kmLeicester
- 8.2kmSouth Wigston
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.
