According to the public record, 48, Brook Lane, Chester is a period freehold house with 979 ft2 of internal area and sits on a 579 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Brook Lane, Chester, CH2 is located within the CH2 postal district.
48, Brook Lane, Chester has a single entry in the Land Registry database from September 2021 and a single entry in the EPC database dated July 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 48 Brook Lane Chester as £359,621 and the rental value as £1,368 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 48 Brook Lane Chester has decreased by £5,570 (1.5%) and its rental value has increased by £65 per month (4.8%).
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 48, Brook Lane, Chester is in very good condition we estimate a sale value of £377,602 and rental value of £1,436 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £334,448 and a rental value of £1,272 per month.
If you were able to purchase this property for the estimated value of £359,621, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,767 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, 48, Brook Lane, Chester sits on a plot of 579m2.
We have plot size data on 7 out of 14 other houses in the postcode and 48, Brook Lane, Chester sits on the largest plot.
According to HM Land Registry, 48, Brook Lane, Chester was last sold on 30 Sep 2021 for £315,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2021, the market for similar properties has risen 4.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Brook Lane, Chester within a radius of 540 metres over the last 2 years.
The most recent example is 72, Brook Lane, Chester, CH2 2ED, a Freehold house which sold for £427,000 in Sep 2023.
Read more about house prices in CH2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brook Lane, Chester, CH2 has a total of 179 addresses. According to our analysis of all the public data, 48, Brook Lane, Chester is the 112th largest and the 68th most expensive property on the street.
When compared to the postcode district it is £68k more expensive than the average property in CH2.
48, Brook Lane, Chester has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 31 Jul 2021.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 48, Brook Lane, 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 48, Brook Lane, Chester, 49.6% of property is privately owned with a mortgage and 44.3% 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 48, Brook Lane, Chester, 22.0% of residents are recorded as possessing school level qualifications and 51.0% 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 48, Brook Lane, Chester, the average age was 42.8 and the most common age was 52.
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 48, Brook Lane, Chester, 1.3% 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 48, Brook Lane, Chester, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.