According to the public record, Palm Valley, Chester is a mid-century freehold house with 2,378 ft2 of internal area and sits on a 6,050 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Greenfield Lane, Chester, CH2 is located within the CH2 postal district.
Palm Valley, Chester has a single entry in the Land Registry database from August 2012 and a single entry in the EPC database dated November 2014.
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 Palm Valley Chester as £563,288 and the rental value as £2,006 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of Palm Valley Chester has decreased by £18,362 (3.3%) and its rental value has increased by £62 per month (3.1%).
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 Palm Valley, Chester is in very good condition we estimate a sale value of £591,453 and rental value of £2,106 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £523,858 and a rental value of £1,866 per month.
If you were able to purchase this property for the estimated value of £563,288, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,768 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, Palm Valley, Chester sits on a plot of 6050m2.
We have plot size data on 25 out of 33 other houses in the postcode and Palm Valley, Chester sits on the largest plot.
According to HM Land Registry, Palm Valley, Chester was last sold on 08 Aug 2012 for £500,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2012, the market for similar properties has risen 45.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Palm Valley, Chester within a radius of 780 metres over the last 2 years.
The most recent example is Banstead House, Mannings Lane, Chester, CH2 2PB, a Freehold house which sold for £588,000 in Dec 2021.
Read more about house prices in CH2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Greenfield Lane, Chester, CH2 has a total of 33 addresses. According to our analysis of all the public data, Palm Valley, Chester is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £271k more expensive than the average property in CH2.
Palm Valley, Chester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Nov 2014.
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 Palm Valley, Chester is Chester station which is 1.8 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 Palm Valley, Chester, 48.4% of property is privately owned outright and 37.3% 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 Palm Valley, Chester, 17.1% of residents are recorded as possessing school level qualifications and 39.7% 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 Palm Valley, Chester, the average age was 44.1 and the most common age was 57.
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 Palm Valley, 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 Palm Valley, Chester, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.