According to the public record, Milford Lodge, Chester is a mid-century freehold house with 1,356 ft2 of internal area and sits on a 481 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Green Lane, Lache, Chester, CH4 is located within the CH4 postal district.
Milford Lodge, Chester has 2 entries in the Land Registry database, most recently in June 2023 and a single entry in the EPC database dated January 2023.
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 Milford Lodge Chester as £345,680 and the rental value as £1,478 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Milford Lodge Chester has decreased by £3,790 (1.1%) and its rental value has increased by £62 per month (4.2%).
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 Milford Lodge, Chester is in very good condition we estimate a sale value of £362,964 and rental value of £1,551 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £321,483 and a rental value of £1,374 per month.
If you were able to purchase this property for the estimated value of £345,680, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,699 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, Milford Lodge, Chester sits on a plot of 481m2.
We have plot size data on 6 out of 6 other houses in the postcode and Milford Lodge, Chester sits on the 3rd largest plot.
According to HM Land Registry, Milford Lodge, Chester was last sold on 16 Jun 2023 for £356,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2023, the market for similar properties has dropped 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Milford Lodge, Chester within a radius of 810 metres over the last 2 years.
The most recent example is 5, Lache Hall Crescent, Chester, CH4 7NE, a Freehold house which sold for £220,000 in Dec 2020.
Read more about house prices in CH4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Green Lane, Lache, Chester, CH4 has a total of 6 addresses. According to our analysis of all the public data, Milford Lodge, Chester is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £41k more expensive than the average property in CH4.
Milford Lodge, Chester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jan 2023.
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 Milford Lodge, Chester is Chester station which is 4.3 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 Milford Lodge, Chester, 33.8% of property is privately owned outright and 30.1% 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 Milford Lodge, Chester, 13.9% of residents are recorded as possessing school level qualifications and 37.3% 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 Milford Lodge, Chester, the average age was 38.7 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 Milford Lodge, Chester, 0.0% 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 Milford Lodge, Chester, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.