According to the public record, 16, Fairfield Road, Chesterfield is a period leasehold apartment with 1,216 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 16, Fairfield Road, Chesterfield, S40.
Fairfield Road, Chesterfield, S40 is located in the borough of Chesterfield within the S40 postal district.
16, Fairfield Road, Chesterfield has a single entry in the Land Registry database from April 2020 and a single entry in the EPC database dated December 2019.
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 16 Fairfield Road Chesterfield as £103,148 and the rental value as £531 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 16 Fairfield Road Chesterfield has increased by £4,940 (4.8%) and its rental value has increased by £28 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 16, Fairfield Road, Chesterfield is in very good condition we estimate a sale value of £108,306 and rental value of £558 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £95,928 and a rental value of £494 per month.
If you were able to purchase this property for the estimated value of £103,148, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £507 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, 16, Fairfield Road, Chesterfield was last sold on 17 Apr 2020 for £90,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2020, the market for similar properties has risen 16.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 480 metres radius of 16, Fairfield Road, Chesterfield over the last 2 years.
The most recent example is 14A, Fairfield Road, Chesterfield, S40 4TP, a Leasehold flat which sold for £84,000 in May 2024.
Read more about house prices in S40.
Fairfield Road, Chesterfield, S40 has a total of 92 addresses. According to our analysis of all the public data, 16, Fairfield Road, Chesterfield is the 11th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £121k less expensive than the average property in S40.
16, Fairfield Road, Chesterfield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Dec 2019.
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 16, Fairfield Road, Chesterfield is Chesterfield station which is 1.2 kilometres 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 16, Fairfield Road, Chesterfield, 56.3% of property is privately rented and 24.1% 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 16, Fairfield Road, Chesterfield, 11.4% of residents are recorded as possessing school level qualifications and 29.3% 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 16, Fairfield Road, Chesterfield, the average age was 38.8 and the most common age was 27.
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 16, Fairfield Road, Chesterfield, 1.2% 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 16, Fairfield Road, Chesterfield, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.