According to the public record, 8, Chestnut Walk, Wakefield is a mid-century freehold house with 613 ft2 of internal area and sits on a 204 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Chestnut Walk, Wakefield, WF2 is located in the borough of Wakefield within the WF2 postal district.
8, Chestnut Walk, Wakefield has 31 entries in the Land Registry database, most recently in February 2024 and a single entry in the EPC database dated October 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 8 Chestnut Walk Wakefield as £151,862 and the rental value as £822 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 8 Chestnut Walk Wakefield has increased by £7,805 (5.1%) and its rental value has increased by £22 per month (2.7%).
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, Chestnut Walk, Wakefield is in very good condition we estimate a sale value of £159,455 and rental value of £864 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £141,232 and a rental value of £765 per month.
If you were able to purchase this property for the estimated value of £151,862, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £746 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, 8, Chestnut Walk, Wakefield sits on a plot of 204m2.
We have plot size data on 22 out of 28 other houses in the postcode and 8, Chestnut Walk, Wakefield sits on the 11th largest plot.
According to HM Land Registry, 8, Chestnut Walk, Wakefield was last sold on 16 Feb 2024 for £148,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2024, the market for similar properties has risen 6.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Chestnut Walk, Wakefield within a radius of 600 metres over the last 2 years.
The most recent example is 16, Chestnut Walk, Wakefield, WF2 0TX, a Freehold house which sold for £115,000 in Aug 2021.
Read more about house prices in WF2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chestnut Walk, Wakefield, WF2 has a total of 29 addresses. According to our analysis of all the public data, 8, Chestnut Walk, Wakefield is the 13th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £82k less expensive than the average property in WF2.
8, Chestnut Walk, Wakefield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Oct 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 8, Chestnut Walk, Wakefield is Wakefield Westgate station which is 1.1 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 8, Chestnut Walk, Wakefield, 34.3% of property is privately owned with a mortgage and 29.9% 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 8, Chestnut Walk, Wakefield, 18.4% of residents are recorded as possessing school level qualifications and 25.2% 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, Chestnut Walk, Wakefield, the average age was 38.5 and the most common age was 27.
The graph below shows how this compares to Yorkshire and The Humber 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, Chestnut Walk, Wakefield, 2.0% of property was a second home.
Comparison figures for Yorkshire and The Humber 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, Chestnut Walk, Wakefield, there are an average of 1.2 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.