According to the public record, 8, Burgess Close, Chesterfield is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 619 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Burgess Close, Hasland, Chesterfield, S41 is located in the borough of Chesterfield within the S41 postal district.
8, Burgess Close, Chesterfield has a single entry in the Land Registry database from July 2022 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 8 Burgess Close Chesterfield as £209,408 and the rental value as £586 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of 8 Burgess Close Chesterfield has increased by £7,465 (3.6%) and its rental value has increased by £27 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 8, Burgess Close, Chesterfield is in very good condition we estimate a sale value of £219,879 and rental value of £615 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £194,750 and a rental value of £545 per month.
If you were able to purchase this property for the estimated value of £209,408, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,029 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, 8, Burgess Close, Chesterfield was last sold on 28 Jul 2022 for £150,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2022, the market for similar properties has risen 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Burgess Close, Chesterfield within a radius of 372m over the last 2 years.
The most recent example is 15, Jasper Avenue, Chesterfield, S41 0FZ, a Freehold house which sold for £169,995 in Jun 2022.
Read more about house prices in S41.
Burgess Close, Hasland, Chesterfield, S41 has a total of 12 addresses. According to our analysis of all the public data, 8, Burgess Close, Chesterfield is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £9k more expensive than the average property in S41.
The closest station to 8, Burgess Close, Chesterfield is Chesterfield station which is 2.5 km 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 8, Burgess Close, Chesterfield, 41.7% of property is privately owned outright and 29.5% 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 8, Burgess Close, Chesterfield, 14.3% of residents are recorded as possessing school level qualifications and 24.5% 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 8, Burgess Close, Chesterfield, the average age was 43.6 and the most common age was 57.
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 8, Burgess Close, Chesterfield, 0.4% 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 8, Burgess Close, Chesterfield, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.