Cherrytree, Alford
Cherrytree, Alford
Description & Estimates
Cherrytree, Alford is recorded publicly as a modern freehold house across 1,377 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Cherrytree, Alford is £299,076 and its rental estimate is £1,193 per month, given the available information and assuming reasonable condition.
Main Road, Maltby Le Marsh, Alford, LN13 falls within the LN13 postal district, in the borough of East Lindsey.
Our Data Sources
Cherrytree, Alford has 31 entries in the Land Registry , most recently in March 2022 and a single entry in the EPC database dated July 2020.
We combine this information with that of neighbouring properties to estimate the property 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 Cherrytree, Alford, we estimate a market value of £314,030 and a rental value of £1,253 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £278,141 and £1,109 per month respectively.
Recent Market Change
Over the last year, Cherrytree, Alford has seen its estimated sale value drop by £12,010 (4.0%) and its estimated rental value rise by £30 per month (2.5%). This results in an estimated gross rental yield of 4.8%.
Energy Efficiency
Cherrytree, Alford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Jul 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Cherrytree, Alford completed on 16th March 2022 at £375,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 9.8% over the period since March 2022.
- Sold Mar 2022£375,000
- Sold Oct 2020£205,000
- Sold Sep 1998£73,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Cherrytree, Alford have sold within a radius of 4.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th April 2023, was Maluraya, Main Road, Alford, LN13 0JP, a freehold house which sold for £435,000.
Read more about house prices in LN13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 88 addresses on Main Road, Maltby Le Marsh, Alford, LN13, Cherrytree, Alford comes out as the 37th largest and the 43rd most expensive in our analysis of the public data.
It is also £72k more expensive than the average property across the LN13 district.
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Schools Nearby
- 3.6kmThe St Margaret's Church of England School, Withern
- 4.3kmMablethorpe Primary Academy
- 5.2kmSutton-on-Sea Community Primary School
- 6.3kmJohn Spendluffe Foundation Technology College
- 6.5kmQueen Elizabeth's Grammar Alford - A Selective Academy
- 14.4kmLouth Academy
More reading links
Public Transport Nearby
From Cherrytree, Alford, the nearest station is Skegness, 20.9 kilometres away.
- 20.9kmSkegness
- 21.3kmThorpe Culvert
- 22.7kmHavenhouse
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
