According to the public record, 101, Cherry Grove, Scunthorpe is a mid-century leasehold apartment with 724 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Cherry Grove, Scunthorpe, DN16 is located within the DN16 postal district.
101, Cherry Grove, Scunthorpe has 4 entries in the Land Registry database, most recently in August 2019 and a single entry in the EPC database dated January 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 101 Cherry Grove Scunthorpe as £70,210 and the rental value as £353 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 101 Cherry Grove Scunthorpe has increased by £637 (0.9%) and its rental value has increased by £10 per month (3.0%).
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 101, Cherry Grove, Scunthorpe is in very good condition we estimate a sale value of £73,720 and rental value of £370 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £65,295 and a rental value of £328 per month.
If you were able to purchase this property for the estimated value of £70,210, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £345 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 101, Cherry Grove, Scunthorpe was last sold on 09 Aug 2019 for £67,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Aug 2019, the market for similar properties has risen 16.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 101, Cherry Grove, Scunthorpe within a radius of 550 metres over the last 2 years.
The most recent example is 133, Cherry Grove, Scunthorpe, DN16 2TH, a Leasehold flat which sold for £68,500 in Feb 2022.
Read more about house prices in DN16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherry Grove, Scunthorpe, DN16 has a total of 114 addresses. According to our analysis of all the public data, 101, Cherry Grove, Scunthorpe is the 60th largest and the 61st most expensive property on the street.
When compared to the postcode district it is £74k less expensive than the average property in DN16.
101, Cherry Grove, Scunthorpe has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Jan 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 101, Cherry Grove, Scunthorpe is Scunthorpe station which is 1.9 kilometres away.
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 101, Cherry Grove, Scunthorpe, 31.9% of property is privately owned outright and 28.3% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 101, Cherry Grove, Scunthorpe, 20.0% of residents are recorded as possessing school level qualifications and 16.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 101, Cherry Grove, Scunthorpe, the average age was 41.8 and the most common age was 57.
The graph below shows how this compares to Yorkshire and The Humber 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 101, Cherry Grove, Scunthorpe, 0.0% of property was a second home.
Comparison figures for Yorkshire and The Humber 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 101, Cherry Grove, Scunthorpe, there are an average of 1.1 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.