According to the public record, 283A, Hoole Lane, Chester is a mid-century Leasehold apartment with 807 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 283, Hoole Lane, Chester, CH2.
Hoole Lane, Chester, CH2 is located within the CH2 postal district.
283A, Hoole Lane, Chester has 31 entries in the Land Registry database, most recently in August 2021 and a single entry in the EPC database dated August 2018.
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 283A Hoole Lane Chester as £161,726 and the rental value as £934 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 283A Hoole Lane Chester has increased by £2,260 (1.4%) and its rental value has increased by £71 per month (7.6%).
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 283A, Hoole Lane, Chester is in very good condition we estimate a sale value of £169,812 and rental value of £981 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £150,405 and a rental value of £868 per month.
If you were able to purchase this property for the estimated value of £161,726, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £795 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, 283A, Hoole Lane, Chester was last sold on 10 Aug 2021 for £145,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2021, the market for similar properties has risen 5.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 283A, Hoole Lane, Chester within a radius of 690 metres over the last 2 years.
The most recent example is 283, Hoole Lane, Chester, CH2 3ER, a Leasehold flat which sold for £168,000 in May 2021.
Read more about house prices in CH2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hoole Lane, Chester, CH2 has a total of 288 addresses. According to our analysis of all the public data, 283A, Hoole Lane, Chester is the 171st largest and the 273rd most expensive property on the street.
When compared to the postcode district it is £130k less expensive than the average property in CH2.
283A, Hoole Lane, Chester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Aug 2018.
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 283A, Hoole Lane, Chester is Chester station which is 1.7 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 283A, Hoole Lane, Chester, 40.7% of property is privately owned with a mortgage and 39.0% 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 283A, Hoole Lane, Chester, 21.7% of residents are recorded as possessing school level qualifications and 38.0% 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 283A, Hoole Lane, Chester, the average age was 42.9 and the most common age was 52.
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 283A, Hoole Lane, Chester, 1.2% 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 283A, Hoole Lane, Chester, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.