According to the public record, 8, Prospect Road, Chesterfield is a modern freehold house with 613 ft2 of internal area and sits on a 83.9 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Prospect Road, Old Whittington, Chesterfield, S41 is located in the borough of Chesterfield within the S41 postal district.
8, Prospect Road, Chesterfield has 2 entries in the Land Registry database, most recently in December 2023 and a single entry in the EPC database dated May 2016.
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 Prospect Road Chesterfield as £158,049 and the rental value as £564 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 8 Prospect Road Chesterfield has increased by £6,418 (4.1%) and its rental value has increased by £17 per month (3.1%).
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 8, Prospect Road, Chesterfield is in very good condition we estimate a sale value of £165,952 and rental value of £592 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £146,986 and a rental value of £524 per month.
If you were able to purchase this property for the estimated value of £158,049, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £777 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, Prospect Road, Chesterfield sits on a plot of 84m2.
We have plot size data on 11 out of 15 other houses in the postcode and 8, Prospect Road, Chesterfield sits on the 7th largest plot.
According to HM Land Registry, 8, Prospect Road, Chesterfield was last sold on 07 Dec 2023 for £150,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2023, the market for similar properties has risen 5.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Prospect Road, Chesterfield within a radius of 990 metres over the last 2 years.
The most recent example is 6, Prospect Road, Chesterfield, S41 9DU, a Freehold house which sold for £145,000 in Oct 2021.
Read more about house prices in S41.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prospect Road, Old Whittington, Chesterfield, S41 has a total of 141 addresses. According to our analysis of all the public data, 8, Prospect Road, Chesterfield is the 130th largest and the 74th most expensive property on the street.
When compared to the postcode district it is £42k less expensive than the average property in S41.
8, Prospect Road, Chesterfield has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 11 May 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to 8, Prospect Road, Chesterfield is Chesterfield station which is 3.7 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, Prospect Road, Chesterfield, 38.0% of property is privately owned with a mortgage and 31.9% 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, Prospect Road, Chesterfield, 13.6% of residents are recorded as possessing school level qualifications and 23.3% 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, Prospect Road, Chesterfield, the average age was 44.2 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, Prospect Road, Chesterfield, 0.7% 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, Prospect Road, Chesterfield, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.