Chesterfield

Area Guide For Chesterfield

Chesterfield is a business/market town and a district of Derbyshire, United Kingdom. It lies 24 miles north of Derby, on a juncture of the streams Rother and Hipper. It has a populace of 103,800, making it the biggest town inside the managerial fringes of Derbyshire, and the second biggest settlement in the conventional region after the unitary power of the city of Derby.

The Pale history of the town follows its beginnings to the first century and the development of a Roman fort, which got to be repetitive and was relinquished once peace was attained to. Later an Anglian town grew up with the site; the name Chesterfield originates from the Anglo-Saxon words "caester" (a Roman e) and "feld" (grazing area).

 
 

Chesterfield Map

Estimated Price: £161,051
Average Asking Price: £193,334
Price change in last one year: £7,913
Average Price Paid: £141,886
Average Rent Rates: £1,199

 
 

Property Prices Breakdown in Chesterfield

Average Price for property in Chesterfield is around £161,051 which varies based on type of property you are interested in and ranges from £240,137 for detached house to around £131,025 for semi-detached. Similarly terraced house is around £99,280 and a flat is worth £118,296. Values have been changing and have risen £341 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,934 in last 6 months, £7,913 in last 1 year, £18,422 in last 2 years, £21,693 in last 3 years, £16,616 in last 4 years and £15,389 in last 5 years.

Currently average asking price of a property in Chesterfield is around £193,334 based on approximately 2,102 properties for sale. Same is the case with rental options based on 247 properties up for rent, average asking rent is around £1,199 per month.

Estimated property value in Chesterfield is £161,051. Average asking price is £193,334 while average price paid is £149,470 which is up by £7,913 and Avg. asking rent £1,199.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Chesterfield area. In last 1 year alone average price buyer paid is around £149,470 based on approximately 2,102 sales in Chesterfield area alone. If you compare it to last 3 years sales of 6,027 properties where buyers paid around £142,352. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £141,886 for 9,483 and average amount paid for purchase of approx. 12,802 properties sold in last 7 years comes to about £141,746 per sale.

 
 

Properties For Sale in Chesterfield

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £158,175, £116,437 for a 2 bedroom house, £165,459 for a 3 bedroom house, £295,463 for a 4 bedroom house and £434,345 for a 5 bedroom house. For a flat similarly the prices varies from £80,074 for a single bedroom to £110,064 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £163,333 and £500,000 for a 4 bedroom flat. To sum up the asking prices for properties in Chesterfield it comes to around average £105,066 for 1 bedroom property, £115,858 for 2 bedroom, £165,448 for 3 bedroom, £296,204 for 4 bedroom and £434,345 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £434 for 1 bedroom to £479 for 2 bedroom, £540 for 3 bedroom and £763 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £435. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £528 and £2,600 for 3 bedroom. You should be generally be expecting around average £435 rent per month for single bedroom property, £494 for 2 bedroom, £571 for 3 bedroom and approximately £763 for 4 bedroom property in Chesterfield area.

Popular Houses in Chesterfield

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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