Some roads are a lot nicer than others, so it would really depend on what road you were looking at. The bungalows facing the community centre (Cherrywood Avenue) playing fields would be the best area of Cherrywood, but these have always been way more expensive than the houses, even though they are smaller.
For a first time buyer, you could do a lot worse. It would be about a fifteen minute walk from the village(depending where you are within the estate. As far as I know it is serviced by the 51C bus route.
You would really need to drive around the estate and judge each road independently.