1 Cherry Tree Drive

    1, CHERRY TREE DRIVE, LANCASTER, LA1 5LA

    This detached freehold property on Cherry Tree Drive last sold in October 2012 for £405,000. Based on price growth in the LA1 district since then, its estimated current value is £585,063 — placing it in the 85th percentile nationally and the 98th percentile within LA1. The property covers 175 m² (1,884 sq ft), giving an estimated value of £3,343 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,884 sq ft

    175 m²

    Last Sale Price

    £405,000

    Oct 2012

    Estimated Valuation

    £585,063

    Est. £/sq ft

    £311/sq ft

    £3,343/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageI
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,884 sq ft (175 m²)
    EPC dateMay 2012
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Oct 2012

    £405,000

    20 Sept 2000

    New build

    £210,000

    Key Metrics

    Estimated valuation£585,063
    Value per sq ft / m²£311/sq ft (£3,343/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA1 district percentile98th percentile
    National percentile85th percentile

    District Context — LA1

    LA1 covers Lancaster and its surrounding areas in north-west England, positioned between the Lake District and Morecambe Bay. It is a mixed community blending university town vibrancy with traditional coastal and rural character.

    Average Property Price - LA1

    £213,666

    16

    National percentile

    Average Net Household Income - LA1

    £35,197

    32

    National percentile

    10-Year Annualised Price Growth - LA1

    2.7%

    20

    National percentile

    10-Year Annualised Rent Growth - LA

    3.2%

    10

    National percentile

    View full analysis for LA1

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