According to the public record, 5, Cormorant Close, Chester is a modern freehold house with 1,065 ft2 of internal area and sits on a 248 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cormorant Close, Farndon, Chester, CH3 is located within the CH3 postal district.
5, Cormorant Close, Chester has 2 entries in the Land Registry database, most recently in September 2023 and a single entry in the EPC database dated May 2018.
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 5 Cormorant Close Chester as £380,462 and the rental value as £1,528 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 5 Cormorant Close Chester has decreased by £988 (0.3%) and its rental value has increased by £84 per month (5.5%).
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, Cormorant Close, Chester is in very good condition we estimate a sale value of £399,485 and rental value of £1,604 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £353,829 and a rental value of £1,421 per month.
If you were able to purchase this property for the estimated value of £380,462, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,870 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, 5, Cormorant Close, Chester sits on a plot of 248m2.
We have plot size data on 11 out of 11 other houses in the postcode and 5, Cormorant Close, Chester sits on the 11th largest plot.
According to HM Land Registry, 5, Cormorant Close, Chester was last sold on 28 Sep 2023 for £370,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2023, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Cormorant Close, Chester within a radius of 3.9 kilometres over the last 2 years.
The most recent example is 22, Shearwater Road, Chester, CH3 6RU, a Freehold house which sold for £299,000 in Dec 2020.
Read more about house prices in CH3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cormorant Close, Farndon, Chester, CH3 has a total of 11 addresses. According to our analysis of all the public data, 5, Cormorant Close, Chester is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £3k more expensive than the average property in CH3.
5, Cormorant Close, Chester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 May 2018.
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 5, Cormorant Close, Chester is Wrexham General station which is 9.6 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, Cormorant Close, Chester, 49.2% of property is privately owned outright and 24.2% 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 5, Cormorant Close, Chester, 13.2% of residents are recorded as possessing school level qualifications and 50.4% 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, Cormorant Close, Chester, the average age was 44.7 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 5, Cormorant Close, Chester, 2.3% 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 5, Cormorant Close, Chester, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.