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According to the public record, 4, Chestnut Bank, Heanor is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 973 ft2 of internal area and sits on a 318 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Chestnut Bank, Heanor is £244,990 and the estimated rental value is £1,021 per month.
Chestnut Bank, Heanor, DE75 is located in the borough of Amber Valley within the DE75 postal district.
4, Chestnut Bank, Heanor has 21 entries in the Land Registry , most recently in January 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 4, Chestnut Bank, Heanor is in very good condition we estimate a sale value of £257,240 and a rental value of £1,072 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £227,841 and a rental value of £950 per month.
Over the last 12 months the sale value of 4 Chestnut Bank Heanor has decreased by an estimated £7,142 (2.9%) and its rental value has increased by an estimated £20 per month (2.0%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 4, Chestnut Bank, Heanor sits on a plot of 318m2.
We have plot size data on 7 out of 7 other houses in the postcode and 4, Chestnut Bank, Heanor sits on the 5th largest plot.
According to HM Land Registry, 4, Chestnut Bank, Heanor was last sold on 27th January 2012 for £123,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2012, the market for similar properties has risen 148.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Chestnut Bank, Heanor within a radius of 630 metres over the last 2 years.
The most recent example is 1, Hallington Drive, Heanor, DE75 7QX, a freehold house which sold for £215,000 on the 12th July 2024.
Read more about house prices in DE75.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chestnut Bank, Heanor, DE75 has a total of 7 addresses. According to our analysis of all the public data, 4, Chestnut Bank, Heanor is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £29k more expensive than the average property in DE75.
The closest station to 4, Chestnut Bank, Heanor is Langley Mill station which is 2.5 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 4, Chestnut Bank, Heanor, 50.0% of property is privately owned outright and 35.6% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands 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 4, Chestnut Bank, Heanor, 18.0% of residents are recorded as possessing school level qualifications and 27.7% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 4, Chestnut Bank, Heanor, the average age was 41.4 and the most common age was 52.
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 4, Chestnut Bank, Heanor, 1.2% 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 4, Chestnut Bank, Heanor, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.