According to the public record, 2, Cherry Tree Drive, Market Harborough is a modern freehold house with 2,658 ft2 of internal area and sits on a 472 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Cherry Tree Drive, Market Harborough, LE16 is located in the borough of Harborough within the LE16 postal district.
2, Cherry Tree Drive, Market Harborough has a single entry in the Land Registry database from March 2021 and a single entry in the EPC database dated March 2021.
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 good condition, we estimate the current sale value for 2 Cherry Tree Drive Market Harborough as £681,190 and the rental value as £2,468 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 2 Cherry Tree Drive Market Harborough has decreased by £2,696 (0.4%) and its rental value has increased by £69 per month (2.8%).
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 2, Cherry Tree Drive, Market Harborough is in very good condition we estimate a sale value of £715,249 and rental value of £2,592 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £633,506 and a rental value of £2,295 per month.
If you were able to purchase this property for the estimated value of £681,190, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,348 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 data from HM Land Registry, 2, Cherry Tree Drive, Market Harborough sits on a plot of 472m2.
We have plot size data on 7 out of 8 other houses in the postcode and 2, Cherry Tree Drive, Market Harborough sits on the 2nd largest plot.
According to HM Land Registry, 2, Cherry Tree Drive, Market Harborough was last sold on 26 Mar 2021 for £654,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2021, the market for similar properties has risen 7.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Cherry Tree Drive, Market Harborough within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 36, Sycamore Road, Market Harborough, LE16 7GU, a Freehold house which sold for £799,995 in Mar 2023.
Read more about house prices in LE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherry Tree Drive, Market Harborough, LE16 has a total of 8 addresses. According to our analysis of all the public data, 2, Cherry Tree Drive, Market Harborough is the largest and the most expensive property on the street.
When compared to the postcode district it is £302k more expensive than the average property in LE16.
2, Cherry Tree Drive, Market Harborough has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Mar 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 2, Cherry Tree Drive, Market Harborough is Market Harborough station which is 1.8 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Cherry Tree Drive, Market Harborough, 45.8% of property is privately owned outright and 38.1% 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 2, Cherry Tree Drive, Market Harborough, 25.6% of residents are recorded as possessing school level qualifications and 52.2% 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 2, Cherry Tree Drive, Market Harborough, the average age was 43.4 and the most common age was 52.
The graph below shows how this compares to East Midlands 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 2, Cherry Tree Drive, Market Harborough, 0.0% of property was a second home.
Comparison figures for East Midlands 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 2, Cherry Tree Drive, Market Harborough, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.