According to the public record, Apartment 2, Summerfield Place, Chesterfield is a modern leasehold apartment with 733 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Summerfield Place, Park Road, Chesterfield, S40.
Park Road, Chesterfield, S40 is located in the borough of Chesterfield within the S40 postal district.
Apartment 2, Summerfield Place, Chesterfield has 2 entries in the Land Registry database, most recently in February 2019 and a single entry in the EPC database dated October 2008.
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 2 Summerfield Place Chesterfield as £172,729 and the rental value as £619 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of Apartment 2 Summerfield Place Chesterfield has increased by £6,823 (3.9%) and its rental value has increased by £28 per month (4.6%).
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 Apartment 2, Summerfield Place, Chesterfield is in very good condition we estimate a sale value of £181,365 and rental value of £650 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £160,638 and a rental value of £575 per month.
If you were able to purchase this property for the estimated value of £172,729, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £849 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 2, Summerfield Place, Chesterfield was last sold on 22 Feb 2019 for £150,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2019, the market for similar properties has risen 16.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 2, Summerfield Place, Chesterfield within a radius of 620 metres over the last 2 years.
The most recent example is 15 Potters Place, Foolow Avenue, Chesterfield, S40 2FA, a Leasehold flat which sold for £155,000 in Oct 2023.
Read more about house prices in S40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road, Chesterfield, S40 has a total of 127 addresses. According to our analysis of all the public data, Apartment 2, Summerfield Place, Chesterfield is the 101st largest and the 76th most expensive property on the street.
When compared to the postcode district it is £51k less expensive than the average property in S40.
Apartment 2, Summerfield Place, Chesterfield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Oct 2008.
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 2, Summerfield Place, Chesterfield is Chesterfield station which is 1.2 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 Apartment 2, Summerfield Place, Chesterfield, 36.4% of property is privately owned outright and 32.6% 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 2, Summerfield Place, Chesterfield, 14.3% of residents are recorded as possessing school level qualifications and 33.9% 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 Apartment 2, Summerfield Place, Chesterfield, the average age was 38.8 and the most common age was 27.
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 Apartment 2, Summerfield Place, Chesterfield, 0.2% 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 Apartment 2, Summerfield Place, Chesterfield, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.