According to the public record, 8, Springfield Drive, Chester is a early-century freehold house with 947 ft2 of internal area and sits on a 252 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Springfield Drive, Chester, CH2 is located within the CH2 postal district.
8, Springfield Drive, Chester has 21 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated June 2015.
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 Springfield Drive Chester as £393,886 and the rental value as £1,255 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 8 Springfield Drive Chester has decreased by £984 (0.2%) and its rental value has increased by £75 per month (5.9%).
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, Springfield Drive, Chester is in very good condition we estimate a sale value of £413,580 and rental value of £1,318 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £366,314 and a rental value of £1,167 per month.
If you were able to purchase this property for the estimated value of £393,886, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,936 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, Springfield Drive, Chester sits on a plot of 252m2.
We have plot size data on 7 out of 12 other houses in the postcode and 8, Springfield Drive, Chester sits on the 5th largest plot.
According to HM Land Registry, 8, Springfield Drive, Chester was last sold on 09 Mar 2021 for £340,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2021, the market for similar properties has risen 11.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Springfield Drive, Chester within a radius of 500 metres over the last 2 years.
The most recent example is 12, Springfield Drive, Chester, CH2 3QG, a Freehold house which sold for £430,000 in Jan 2023.
Read more about house prices in CH2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Drive, Chester, CH2 has a total of 30 addresses. According to our analysis of all the public data, 8, Springfield Drive, Chester is the 20th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £102k more expensive than the average property in CH2.
8, Springfield Drive, Chester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Jun 2015.
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, Springfield Drive, Chester is Chester station which is 500 metres 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, Springfield Drive, Chester, 37.6% of property is privately rented and 35.8% 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, Springfield Drive, Chester, 17.3% of residents are recorded as possessing school level qualifications and 54.8% 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, Springfield Drive, Chester, the average age was 40.8 and the most common age was 27.
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 8, Springfield Drive, Chester, 0.9% 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 8, Springfield Drive, Chester, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.