According to the public record, 1, Old Mill Drive, Chesterfield is a modern freehold house and with 882 ft2 of internal area and sits on a 265 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Old Mill Drive, Chesterfield, S41 is located in the borough of North East Derbyshire within the S41 postal district.
1, Old Mill Drive, Chesterfield has 21 entries in the Land Registry database, most recently in July 2022 and a single entry in the EPC database dated June 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 reasonable condition, we estimate the current sale value for 1 Old Mill Drive Chesterfield as £297,586 and the rental value as £673 per month giving an expected gross yield of 2.7%.
Over the last 12 months the sale value of 1 Old Mill Drive Chesterfield has increased by £5,179 (1.7%) and its rental value has increased by £9 per month (1.3%).
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 1, Old Mill Drive, Chesterfield is in very good condition we estimate a sale value of £312,465 and rental value of £707 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £276,755 and a rental value of £626 per month.
If you were able to purchase this property for the estimated value of £297,586, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,463 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, 1, Old Mill Drive, Chesterfield sits on a plot of 265m2.
We have plot size data on 8 out of 17 other houses in the postcode and 1, Old Mill Drive, Chesterfield sits on the 6th largest plot.
According to HM Land Registry, 1, Old Mill Drive, Chesterfield was last sold on 15 Jul 2022 for £300,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2022, the market for similar properties has dropped 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Old Mill Drive, Chesterfield within a radius of 85m over the last 2 years.
The most recent example is 23, Old Mill Drive, Chesterfield, S41 9SA, a Freehold house which sold for £290,000 in Nov 2022.
Read more about house prices in S41.
Old Mill Drive, Chesterfield, S41 has a total of 17 addresses. According to our analysis of all the public data, 1, Old Mill Drive, Chesterfield is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £97k more expensive than the average property in S41.
1, Old Mill Drive, Chesterfield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jun 2021.
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 1, Old Mill Drive, Chesterfield is Chesterfield station which is 4.1 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 1, Old Mill Drive, Chesterfield, 66.1% of property is privately owned outright and 30.7% 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 1, Old Mill Drive, Chesterfield, 10.9% of residents are recorded as possessing school level qualifications and 49.1% 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 1, Old Mill Drive, Chesterfield, the average age was 50.9 and the most common age was 72.
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 1, Old Mill Drive, Chesterfield, 2.8% 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 1, Old Mill Drive, Chesterfield, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.