Semi-detached
2
850 sq ft
19%
PROPERTY VALUATION
£214,000
+£34,000 (19%)
Since last sold: September 2018
VALUATION RANGE
£202k - £226k
LOW | HIGH
Confidence: High
Update Property Condition
Property summary Last updated: 05/03/2024
Last updated: 05/03/2024
31 Orchard View Road, Chesterfield is a 2 bedroom freehold semi-detached house spread over 850 square feet, making it one of the smaller properties here - it is ranked as the 18th most expensive property* in S40 4BU, with a valuation of £214,000.
Since it last sold in September 2018 for £180,000, its value has increased by £34,000.
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Essential buying details
- We expect the property to sell for between £202k and £226k if no refurbishment work has been carried out.
- Built between 1930 and 1949, the property has sold twice over the last 25 years, with the longest owner staying for 5 years**.
- The property turned out to be a superb investment for the previous owner - returning on average 8.7% per annum.
- 66 semi-detached houses have sold at an average price of £230,065 over the last 12 months (in the area coverring S40 4).
19%
This property has increased in price by 19% since it last sold 5 years ago
6%
This property is 6% less expensive than average in Orchard View Road, S40 4BU
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Sale history
The most paid for a property in Orchard View Road, S40 4BU was £325,000 in 2021.
Date | Price | Change |
---|---|---|
Today's value* | £214,000 | 18.9% |
21 Sep 2018 | £180,000 | 38.5% |
31 Oct 2014 | £130,000 | - |
Investment Performance
8.7%
Was It A Good Investment?
The previous owner had the property for 3 years, having purchased it in October 2014 for £130,000.
During this time, the price rose by £50,000 (38.5%), which equates to it increasing in value by 8.7% each year.
The property turned out to be a superb investment for the previous owner.
SOLD PROPERTY PRICES - S40 4BU
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31 Orchard View Road is significantly smaller than the average property in this postcode.
Valuation details
The most likely sale price is £214,000 but at the lower end we think it should fetch a minimum of £202,000.
On a cost per square foot basis, this property is valued at 12% less than the other houses in this postcode.
A lower cost per square foot can indicate that the property is in a worse condition and needs more refurbishment work or that it has a smaller garden (for more information see our valuation review) of this property.
If the property was previously purchased in a bad state of repair, making home improvements throughout could increase its sale price to £246,000.
This property has increased in price by £34,000 since it last sold in 2018 - this equates to a 3.2% rise each year.
If the property has been refurbished or extended since it was last purchased, tell us about any home improvements to get a revised valuation.
Mortgage repayment calculator
31 Orchard View Road, Chesterfield is a 2 bedroom semi-detached house with 850 square feet of internal space built between 1930 and 1949.
What condition is the property in?
- At a sale price of £214k, we expect this property to be in worse condition than the neighbouring properties.
- At this valuation it has a cost per square foot of £251, which is slightly less than the average here.
- The average cost per square foot for property here is £284.
Cost per square foot valuation
- If we valued this property using the average cost per square foot (CPSF) - it would be worth £241k. For it to sell for this amount, we would expect it to be in a similar state decoratively to the average property here and also have a similar sized plot of land.
- Note: Properties that are in a better condition will sell for more money per square foot.
What does it cost to live here?
Prices start at:
£102k
Average house price:
£227k
Most expensive:
£347k
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- Property details
- Local market
- Regional prices
Property details
- Most likely sale price: £214,000
- Offers likely to be accepted between £202,000 and £226,000.
- Cost per squre foot: £251 (at a valuation of £214,000).
- 2 bedroom freehold semi-detached house
- 850 square feet
- Property energy rating: 51
- Which is below average for this postcode.
- A score of 100 is the best energy rating a property can be given.
- Compare this to other properties in S40 4BU
The local market - S40 4BU
- The average property price for this postcode is £227,000
- Prices here range from £102,000 to £347,000.
- Expect to pay £241 to £326 per square foot for property in S40 4BU.
- 7 properties have sold in S40 4BU over the last 5 years.
- The latest sale in S40 4BU went for £191k on 28 Feb 2023.
The property market across S40 4
- The average price paid for a semi-detached house in the area S40 4 over the past year is £230k.
- Semi-detached houses have been selling for £245 per square foot across S40 4.
- 66 semi-detached houses have sold over the last 12 months (in the area coverring S40 4).
What does it cost to live in this area?
The local area
Recent sales in the surrounding roads
Searching for recent sales near here
What are some of the other properties worth?
The cheapest property here in S40 4BU is valued at £102k.
At the top end, the most expensive property is worth £347k - this postcode has an average valuation of £227k.
Property | Valuation | ||
---|---|---|---|
28 Orchard View Road, Chesterfield 2 bed | 743 sq. ft. | £193,000(+9% since 2020) | ||
23 Orchard View Road, Chesterfield 2 bed | 614 sq. ft. | £200,000(+5% since 2023) | ||
39 Orchard View Road, Chesterfield 2 bed | 872 sq. ft. | £200,000(+38% since 2020) | ||
29 Orchard View Road, Chesterfield 2 bed | 786 sq. ft. | £200,000(+16% since 2019) | ||
40 Orchard View Road, Chesterfield 775 sq.ft. | £214,000 (-0% since 2022) | ||
17 Orchard View Road, Chesterfield 3 bed | 807 sq. ft. | £220,000(+17% since 2019) | ||
7 Orchard View Road, Chesterfield 3 bed | 1023 sq. ft. | £318,000(+19% since 2018) | ||
1 Orchard View Road, Chesterfield 3 bed | 1087 sq. ft. | £347,000(+7% since 2021) |
Valuation accuracy
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