According to the public record, 40, Cherry Tree Drive, Plymouth is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,584 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Cherry Tree Drive, Brixton, Plymouth, PL8 is located in the borough of South Hams within the PL8 postal district.
40, Cherry Tree Drive, Plymouth has 21 entries in the Land Registry database, most recently in April 2007 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 40 Cherry Tree Drive Plymouth as £439,777 and the rental value as £1,562 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 40 Cherry Tree Drive Plymouth has decreased by £989 (0.2%) and its rental value has increased by £47 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 40, Cherry Tree Drive, Plymouth is in very good condition we estimate a sale value of £461,766 and rental value of £1,640 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £408,992 and a rental value of £1,452 per month.
If you were able to purchase this property for the estimated value of £439,777, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,161 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, 40, Cherry Tree Drive, Plymouth was last sold on 05 Apr 2007 for £300,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2007, the market for similar properties has risen 55.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Cherry Tree Drive, Plymouth within a radius of 107m over the last 2 years.
The most recent example is 22, Cherry Tree Drive, Plymouth, PL8 2DD, a Freehold house which sold for £400,000 in May 2023.
Read more about house prices in PL8.
Cherry Tree Drive, Brixton, Plymouth, PL8 has a total of 34 addresses. According to our analysis of all the public data, 40, Cherry Tree Drive, Plymouth is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £104k less expensive than the average property in PL8.
The closest station to 40, Cherry Tree Drive, Plymouth is Plymouth station which is 8.2 km 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 40, Cherry Tree Drive, Plymouth, 35.2% of property is privately owned outright and 26.4% 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 40, Cherry Tree Drive, Plymouth, 16.4% of residents are recorded as possessing school level qualifications and 32.2% 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 40, Cherry Tree Drive, Plymouth, the average age was 48.5 and the most common age was 72.
The graph below shows how this compares to South West 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 40, Cherry Tree Drive, Plymouth, 0.5% of property was a second home.
Comparison figures for South West 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 40, Cherry Tree Drive, Plymouth, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.