According to the public record, 23, Reservoir Terrace, Chester is a period freehold house with 548 ft2 of internal area and sits on a 97.7 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Reservoir Terrace, Chester, CH3 is located within the CH3 postal district.
23, Reservoir Terrace, Chester has 71 entries in the Land Registry database, most recently in November 2021 and a single entry in the EPC database dated September 2017.
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 23 Reservoir Terrace Chester as £173,659 and the rental value as £926 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 23 Reservoir Terrace Chester has increased by £514 (0.3%) and its rental value has increased by £54 per month (5.8%).
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 23, Reservoir Terrace, Chester is in very good condition we estimate a sale value of £182,342 and rental value of £972 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £161,503 and a rental value of £861 per month.
If you were able to purchase this property for the estimated value of £173,659, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £853 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, 23, Reservoir Terrace, Chester sits on a plot of 98m2.
We have plot size data on 8 out of 12 other houses in the postcode and 23, Reservoir Terrace, Chester sits on the 2nd largest plot.
According to HM Land Registry, 23, Reservoir Terrace, Chester was last sold on 01 Nov 2021 for £185,000 and was recorded as a freehold house.
The property has had 7 sales since 1995.
Since Nov 2021, the market for similar properties has risen 5.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Reservoir Terrace, Chester within a radius of 500 metres over the last 2 years.
The most recent example is 2, Alma Street, Chester, CH3 5DF, a Freehold house which sold for £80,000 in Jun 2022.
Read more about house prices in CH3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reservoir Terrace, Chester, CH3 has a total of 12 addresses. According to our analysis of all the public data, 23, Reservoir Terrace, Chester is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £204k less expensive than the average property in CH3.
23, Reservoir Terrace, Chester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Sep 2017.
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 23, Reservoir Terrace, Chester is Chester station which is 700 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 23, Reservoir Terrace, Chester, 41.3% of property is privately rented and 28.4% 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 23, Reservoir Terrace, Chester, 13.4% of residents are recorded as possessing school level qualifications and 48.9% 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 23, Reservoir Terrace, Chester, the average age was 40.8 and the most common age was 27.
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 23, Reservoir Terrace, Chester, 1.4% 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 23, Reservoir Terrace, Chester, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.