Apartment 5, 1-3
Apartment 5, 1-3
Description & Estimates
Apartment 5, 1-3, Knifesmithgate, Chesterfield is recorded publicly as a modern leasehold apartment across 656 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Apartment 5, 1-3, Knifesmithgate, Chesterfield is £104,610 and its rental estimate is £607 per month, given the available information and assuming reasonable condition.
1-3, Knifesmithgate is a residential building on Knifesmithgate, Chesterfield, S40 and falls within the S40 postal district and the borough of Chesterfield.
Our Data Sources
Apartment 5, 1-3, Knifesmithgate, Chesterfield has 2 entries in the Land Registry , most recently in April 2023 and a single entry in the EPC database dated June 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Apartment 5, 1-3, Knifesmithgate, Chesterfield, we estimate a market value of £109,841 and a rental value of £637 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £97,288 and £564 per month respectively.
Recent Market Change
Over the last year, Apartment 5, 1-3, Knifesmithgate, Chesterfield has seen its estimated sale value decrease by £57 (0.1%) and its estimated rental value grow by £7 per month (1.1%). This results in an estimated gross rental yield of 7.0%.
Energy Efficiency
Apartment 5, 1-3, Knifesmithgate, Chesterfield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Jun 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, electric.
Sold Prices
The most recent sale of Apartment 5, 1-3, Knifesmithgate, Chesterfield completed on 21st April 2023 at £110,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 8.2% over the period since April 2023.
- Sold Apr 2023£110,000
- Sold Jul 2019£120,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Apartment 5, 1-3, Knifesmithgate, Chesterfield have sold within a radius of 680 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th November 2019, was Apartment 2, 1-3, Knifesmithgate, Chesterfield, S40 1RF, a leasehold flat which sold for £76,000.
Read more about house prices in S40.
- Sold Nov 2019£76,000 | 2 Bed FlatApartment 2, 1-3, Knifesmithgate, Chesterfield, S40 1RFApartment 2, 1-3, Knifesmithgate, Chesterfield, S40 1RF
- Sold Nov 2019£87,500 | 2 Bed FlatApartment 10, 1-3, Knifesmithgate, Chesterfield, S40 1RFApartment 10, 1-3, Knifesmithgate, Chesterfield, S40 1RF
- Sold Dec 2017£1,800,000 | 2 Bed FlatFlat, Co-Operative House, Knifesmithgate, Chesterfield, S40 1APFlat, Co-Operative House, Knifesmithgate, Chesterfield, S40 1AP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 36 addresses on Knifesmithgate, Chesterfield, S40, Apartment 5, 1-3, Knifesmithgate, Chesterfield comes out as the 25th largest and the 16th most expensive in our analysis of the public data.
It is also £122k less expensive than the average property across the S40 district.
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Schools Nearby
- 600mSt Mary's Catholic Primary
- 700mAbercrombie Primary School
- 1.0kmBrampton Primary School
- 1.0kmParkside Community School
- 1.8kmOutwood Academy Newbold
- 2.5kmSt Mary's Catholic High School, A Catholic Voluntary Academy
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Public Transport Nearby
From Apartment 5, 1-3, Knifesmithgate, Chesterfield, the nearest station is Chesterfield, 600 metres away.
- 600mChesterfield
- 7.7kmDronfield
- 11.6kmDore & Totley
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
