According to the public record, 5, Chester Road, Market Drayton is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,005 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Chester Road, Hinstock, Market Drayton, TF9 is located within the TF9 postal district.
5, Chester Road, Market Drayton has 21 entries in the Land Registry database, most recently in July 2008 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 5 Chester Road Market Drayton as £413,600 and the rental value as £1,813 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 5 Chester Road Market Drayton has increased by £8,930 (2.2%) and its rental value has increased by £74 per month (4.1%).
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 5, Chester Road, Market Drayton is in very good condition we estimate a sale value of £434,280 and rental value of £1,904 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £384,648 and a rental value of £1,686 per month.
If you were able to purchase this property for the estimated value of £413,600, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,033 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, 5, Chester Road, Market Drayton was last sold on 30 Jul 2008 for £365,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2008, the market for similar properties has risen 60.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Chester Road, Market Drayton within a radius of 5.2 kilometres over the last 2 years.
The most recent example is 8, Sandbrook Close, Market Drayton, TF9 2UD, a Freehold house which sold for £325,000 in Jul 2023.
Read more about house prices in TF9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chester Road, Hinstock, Market Drayton, TF9 has a total of 29 addresses. According to our analysis of all the public data, 5, Chester Road, Market Drayton is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £106k more expensive than the average property in TF9.
The closest station to 5, Chester Road, Market Drayton is Wellington (Shropshire) station which is 15.9 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 5, Chester Road, Market Drayton, 45.6% of property is privately owned with a mortgage and 45.0% 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 5, Chester Road, Market Drayton, 13.5% of residents are recorded as possessing school level qualifications and 38.7% 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 5, Chester Road, Market Drayton, the average age was 42.5 and the most common age was 52.
The graph below shows how this compares to West 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 5, Chester Road, Market Drayton, 0.5% of property was a second home.
Comparison figures for West 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 5, Chester Road, Market Drayton, there are an average of 2.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.