According to the public record, Oak Bank, Chester is a period freehold house with 4,972 ft2 of internal area and sits on a 7,770 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Oak Bank Lane, Hoole Village, Chester, CH2 is located within the CH2 postal district.
Oak Bank, Chester has 21 entries in the Land Registry database, most recently in September 2018 and a single entry in the EPC database dated January 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 Oak Bank Chester as £1,024,453 and the rental value as £2,895 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of Oak Bank Chester has decreased by £30,361 (3.0%) and its rental value has increased by £82 per month (2.8%).
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 Oak Bank, Chester is in very good condition we estimate a sale value of £1,075,675 and rental value of £3,039 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £952,741 and a rental value of £2,692 per month.
If you were able to purchase this property for the estimated value of £1,024,453, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,035 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, Oak Bank, Chester sits on a plot of 7770m2.
We have plot size data on 7 out of 13 other houses in the postcode and Oak Bank, Chester sits on the 2nd largest plot.
According to HM Land Registry, Oak Bank, Chester was last sold on 28 Sep 2018 for £915,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2018, the market for similar properties has risen 18.3%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Oak Bank, Chester within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 12A, Long Lane, Chester, CH2 2PD, a Freehold house which sold for £500,000 in Sep 2013.
Read more about house prices in CH2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oak Bank Lane, Hoole Village, Chester, CH2 has a total of 13 addresses. According to our analysis of all the public data, Oak Bank, Chester is the largest and the most expensive property on the street.
When compared to the postcode district it is £732k more expensive than the average property in CH2.
Oak Bank, Chester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Jan 2018.
The property is connected to mains gas and has some double glazing. It is heated using warm air.
The closest station to Oak Bank, Chester is Chester station which is 2.8 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 Oak Bank, Chester, 56.8% of property is privately owned outright and 37.9% 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 Oak Bank, Chester, 41.0% of residents are recorded as possessing school level qualifications and 46.0% 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 Oak Bank, Chester, the average age was 44.1 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 Oak Bank, Chester, 2.1% 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 Oak Bank, Chester, there are an average of 1.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.