According to the public record, 11 Cestria Building, Chester is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Cestria Building, George Street, Chester, CH1.
George Street, Chester, CH1 is located within the CH1 postal district.
11 Cestria Building, Chester has a single entry in the Land Registry database from January 2016 and a single entry in the EPC database dated December 2015.
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 11 Cestria Building Chester as £179,322 and the rental value as £922 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 11 Cestria Building Chester has increased by £369 (0.2%) and its rental value has increased by £49 per month (5.3%).
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 11 Cestria Building, Chester is in very good condition we estimate a sale value of £188,288 and rental value of £968 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £166,770 and a rental value of £858 per month.
If you were able to purchase this property for the estimated value of £179,322, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £881 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, 11 Cestria Building, Chester was last sold on 15 Jan 2016 for £143,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2016, the market for similar properties has risen 16.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11 Cestria Building, Chester within a radius of 380 metres over the last 2 years.
The most recent example is 21 Cestria Building, George Street, Chester, CH1 3ER, a Leasehold flat which sold for £173,500 in Aug 2022.
Read more about house prices in CH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
George Street, Chester, CH1 has a total of 141 addresses. According to our analysis of all the public data, 11 Cestria Building, Chester is the 120th largest and the 109th most expensive property on the street.
When compared to the postcode district it is £45k less expensive than the average property in CH1.
11 Cestria Building, Chester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Dec 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to 11 Cestria Building, Chester is Chester station which is 900 metres 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 11 Cestria Building, Chester, 58.2% of property is privately rented and 20.5% is privately owned outright.
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 11 Cestria Building, Chester, 35.1% of residents are recorded as possessing school level qualifications and 46.9% 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 11 Cestria Building, Chester, the average age was 35.4 and the most common age was 22.
The graph below shows how this compares to North 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 11 Cestria Building, Chester, 0.6% of property was a second home.
Comparison figures for North 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 11 Cestria Building, Chester, there are an average of 0.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.