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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 40, Chestnut Way, Scunthorpe is a mid-century Leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Chestnut Way, Scunthorpe is £81,277 and the estimated rental value is £440 per month.
Chestnut Way, Scunthorpe, DN16 is located within the DN16 postal district.
40, Chestnut Way, Scunthorpe has a single entry in the Land Registry from July 2015 and a single entry in the EPC database dated August 2014.
We combine this information with that of neighbouring properties to estimate the property 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 40, Chestnut Way, Scunthorpe is in very good condition we estimate a sale value of £85,341 and a rental value of £462 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £75,588 and a rental value of £410 per month.
Over the last 12 months the sale value of 40 Chestnut Way Scunthorpe has increased by an estimated £373 (0.5%) and its rental value has increased by an estimated £13 per month (2.9%), giving an expected gross yield of 6.5%.
40, Chestnut Way, Scunthorpe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Aug 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 40, Chestnut Way, Scunthorpe was last sold on 22nd July 2015 for £64,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2015, the market for similar properties has risen 19.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Chestnut Way, Scunthorpe within a radius of 580 metres over the last 2 years.
The most recent example is 12, Poplar Gardens, Scunthorpe, DN16 2HG, a leasehold flat which sold for £72,000 on the 31st May 2024.
Read more about house prices in DN16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chestnut Way, Scunthorpe, DN16 has a total of 104 addresses. According to our analysis of all the public data, 40, Chestnut Way, Scunthorpe is the 86th largest and the 82nd most expensive property on the street.
When compared to the postcode district it is £69k less expensive than the average property in DN16.
The closest station to 40, Chestnut Way, Scunthorpe is Scunthorpe station which is 1.4 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 40, Chestnut Way, Scunthorpe, 39.0% of property is socially rented and 27.1% is privately owned outright.
The graph below shows how this compares to Yorkshire and The Humber 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 40, Chestnut Way, Scunthorpe, 24.4% of residents are recorded as possessing school level qualifications and 14.1% as possessing degree level qualifications.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 40, Chestnut Way, Scunthorpe, the average age was 41.8 and the most common age was 57.
The graph below shows how this compares to Yorkshire and The Humber 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 40, Chestnut Way, Scunthorpe, 0.0% of property was a second home.
Comparison figures for Yorkshire and The Humber 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 40, Chestnut Way, Scunthorpe, there are an average of 1.0 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.
