According to the public record, Apartment 12, Oriel House, Chester is a modern leasehold apartment with 562 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Oriel House, Heathcote Close, Chester, CH2.
Heathcote Close, Chester, CH2 is located within the CH2 postal district.
Apartment 12, Oriel House, Chester has 21 entries in the Land Registry database, most recently in December 2023 and a single entry in the EPC database dated December 2019.
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 Apartment 12 Oriel House Chester as £142,931 and the rental value as £799 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Apartment 12 Oriel House Chester has decreased by £414 (0.3%) and its rental value has increased by £41 per month (5.1%).
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 Apartment 12, Oriel House, Chester is in very good condition we estimate a sale value of £150,077 and rental value of £839 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £132,926 and a rental value of £743 per month.
If you were able to purchase this property for the estimated value of £142,931, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £702 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, Apartment 12, Oriel House, Chester was last sold on 19 Dec 2023 for £167,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2023, the market for similar properties has risen 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 12, Oriel House, Chester within a radius of 470 metres over the last 2 years.
The most recent example is Apartment 9, Oriel House, Heathcote Close, Chester, CH2 2RB, a Leasehold flat which sold for £135,000 in Jun 2023.
Read more about house prices in CH2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Heathcote Close, Chester, CH2 has a total of 69 addresses. According to our analysis of all the public data, Apartment 12, Oriel House, Chester is the 41st largest and the 37th most expensive property on the street.
When compared to the postcode district it is £149k less expensive than the average property in CH2.
Apartment 12, Oriel House, Chester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Dec 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Apartment 12, Oriel House, Chester is Bache station which is 900 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 Apartment 12, Oriel House, Chester, 52.6% of property is privately rented and 21.9% is privately owned with a mortgage.
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 Apartment 12, Oriel House, Chester, 13.4% of residents are recorded as possessing school level qualifications and 61.5% 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 Apartment 12, Oriel House, Chester, the average age was 42.8 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 Apartment 12, Oriel House, Chester, 0.8% 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 Apartment 12, Oriel House, Chester, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.