According to the public record, 31, Farmhouse Way, Chesterfield is a modern freehold house with 1,065 ft2 of internal area and sits on a 251 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Farmhouse Way, Grassmoor, Chesterfield, S42 is located in the borough of North East Derbyshire within the S42 postal district.
31, Farmhouse Way, Chesterfield has a single entry in the Land Registry database from December 2020 and a single entry in the EPC database dated October 2020.
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 good condition, we estimate the current sale value for 31 Farmhouse Way Chesterfield as £249,942 and the rental value as £1,114 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 31 Farmhouse Way Chesterfield has increased by £8,406 (3.4%) and its rental value has increased by £58 per month (5.2%).
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 31, Farmhouse Way, Chesterfield is in very good condition we estimate a sale value of £262,440 and rental value of £1,170 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £232,446 and a rental value of £1,036 per month.
If you were able to purchase this property for the estimated value of £249,942, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,228 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, 31, Farmhouse Way, Chesterfield sits on a plot of 251m2.
We have plot size data on 33 out of 34 other houses in the postcode and 31, Farmhouse Way, Chesterfield sits on the 12th largest plot.
According to HM Land Registry, 31, Farmhouse Way, Chesterfield was last sold on 03 Dec 2020 for £259,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2020, the market for similar properties has risen 17.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Farmhouse Way, Chesterfield within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 318, North Wingfield Road, Chesterfield, S42 5EU, a Freehold house which sold for £220,000 in Aug 2022.
Read more about house prices in S42.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Farmhouse Way, Grassmoor, Chesterfield, S42 has a total of 34 addresses. According to our analysis of all the public data, 31, Farmhouse Way, Chesterfield is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £7k less expensive than the average property in S42.
31, Farmhouse Way, Chesterfield has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Oct 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 31, Farmhouse Way, Chesterfield is Chesterfield station which is 5.3 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 31, Farmhouse Way, Chesterfield, 89.0% of property is socially rented and 6.8% 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 31, Farmhouse Way, Chesterfield, 22.9% of residents are recorded as possessing school level qualifications and 6.5% 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 31, Farmhouse Way, Chesterfield, the average age was 40 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 31, Farmhouse Way, Chesterfield, 0.7% 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 31, Farmhouse Way, Chesterfield, there are an average of 0.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.