According to the public record, 494, New Chester Road, Wirral is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 818 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
New Chester Road, Wirral, CH62 is located in the borough of Wirral within the CH62 postal district.
494, New Chester Road, Wirral has 31 entries in the Land Registry database, most recently in January 2020 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 494 New Chester Road Wirral as £176,217 and the rental value as £953 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 494 New Chester Road Wirral has increased by £3,090 (1.8%) and its rental value has increased by £44 per month (4.6%).
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 494, New Chester Road, Wirral is in very good condition we estimate a sale value of £185,028 and rental value of £1,001 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £163,882 and a rental value of £886 per month.
If you were able to purchase this property for the estimated value of £176,217, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £866 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, 494, New Chester Road, Wirral was last sold on 31 Jan 2020 for £130,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jan 2020, the market for similar properties has risen 25.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 494, New Chester Road, Wirral within a radius of 205m over the last 2 years.
The most recent example is 3, Fairway Crescent, Wirral, CH62 3NH, a Freehold house which sold for £173,000 in Apr 2024.
Read more about house prices in CH62.
New Chester Road, Wirral, CH62 has a total of 623 addresses. According to our analysis of all the public data, 494, New Chester Road, Wirral is the 369th largest and the 268th most expensive property on the street.
When compared to the postcode district it is £34k less expensive than the average property in CH62.
The closest station to 494, New Chester Road, Wirral is Spital station which is 800 m 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 494, New Chester Road, Wirral, 45.8% of property is privately owned with a mortgage and 29.9% is privately rented.
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 494, New Chester Road, Wirral, 22.0% of residents are recorded as possessing school level qualifications and 22.8% 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 494, New Chester Road, Wirral, the average age was 41.3 and the most common age was 32.
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 494, New Chester Road, Wirral, 0.0% 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 494, New Chester Road, Wirral, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.