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Bricks&Logic is a trading name of Urban Markets Ltd
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, 8, Melrose Close, Chesterfield is a mid-century leasehold house with 861 ft2 of internal area and sits on a 234 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Melrose Close, Chesterfield is £229,351 and the estimated rental value is £983 per month.
Melrose Close, Chesterfield, S40 is located in the borough of Chesterfield within the S40 postal district.
8, Melrose Close, Chesterfield has a single entry in the Land Registry from January 2015 and a single entry in the EPC database dated July 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 8, Melrose Close, Chesterfield is in very good condition we estimate a sale value of £240,819 and a rental value of £1,032 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £213,297 and a rental value of £914 per month.
Over the last 12 months the sale value of 8 Melrose Close Chesterfield has increased by an estimated £3,196 (1.4%) and its rental value has increased by an estimated £26 per month (2.7%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 8, Melrose Close, Chesterfield sits on a plot of 234m2.
We have plot size data on 11 out of 12 other houses in the postcode and 8, Melrose Close, Chesterfield sits on the 9th largest plot.
8, Melrose Close, Chesterfield has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Jul 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Melrose Close, Chesterfield was last sold on 30th January 2015 for £139,500 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since January 2015, the market for similar properties has risen 26.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Melrose Close, Chesterfield within a radius of 560 metres over the last 2 years.
The most recent example is 31, Churston Road, Chesterfield, S40 1HR, a freehold house which sold for £200,000 on the 3rd February 2023.
Read more about house prices in S40.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melrose Close, Chesterfield, S40 has a total of 12 addresses. According to our analysis of all the public data, 8, Melrose Close, Chesterfield is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £3k more expensive than the average property in S40.
The closest station to 8, Melrose Close, Chesterfield is Chesterfield station which is 2.3 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 8, Melrose Close, Chesterfield, 32.1% of property is privately owned outright and 31.3% is privately rented.
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 8, Melrose Close, Chesterfield, 17.5% of residents are recorded as possessing school level qualifications and 31.5% 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 8, Melrose Close, Chesterfield, the average age was 46.6 and the most common age was 57.
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 8, Melrose Close, Chesterfield, 1.8% 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 8, Melrose Close, Chesterfield, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
