According to the public record, 8, George Close, Chesterfield is a mid-century freehold house and with 1,517 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
George Close, Chesterfield, S41 is located in the borough of Chesterfield within the S41 postal district.
8, George Close, Chesterfield has a single entry in the Land Registry database from February 2022 and a single entry in the EPC database dated February 2022.
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 George Close Chesterfield as £418,566 and the rental value as £750 per month giving an expected gross yield of 2.1%.
Over the last 12 months the sale value of 8 George Close Chesterfield has increased by £6,705 (1.6%) and its rental value has increased by £10 per month (1.3%).
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, George Close, Chesterfield is in very good condition we estimate a sale value of £439,494 and rental value of £787 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £389,266 and a rental value of £697 per month.
If you were able to purchase this property for the estimated value of £418,566, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,057 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, George Close, Chesterfield was last sold on 22 Feb 2022 for £421,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2022, the market for similar properties has risen 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, George Close, Chesterfield within a radius of 0m over the last 2 years.
The most recent example is 3, George Close, Chesterfield, S41 0UP, a Freehold house which sold for £441,995 in Dec 2021.
Read more about house prices in S41.
George Close, Chesterfield, S41 has a total of 9 addresses. According to our analysis of all the public data, 8, George Close, Chesterfield is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £218k more expensive than the average property in S41.
8, George Close, Chesterfield has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Feb 2022.
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 8, George Close, Chesterfield is Chesterfield station which is 1.7 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, George Close, Chesterfield, 54.1% of property is privately owned with a mortgage and 27.6% 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, George Close, Chesterfield, 20.7% of residents are recorded as possessing school level qualifications and 37.9% 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, George Close, Chesterfield, the average age was 46.1 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, George Close, Chesterfield, 0.3% 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, George Close, Chesterfield, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.