How Much Does it Cost to Buy a Property in Chester?
Estimated reading time 4 minutes
On the outskirts of Chesire on the River Dee sits Chester. Known for its historical links to the Roman period, beautiful architecture and fantastic shopping, it wouldn’t come as a surprise if Chester was on your list as a potential purchasing location. But how much does it cost to enter the Chester property market? With house prices rising all across the UK, Chester is certainly no exception.
In this article, we’ll delve into the affordability of housing in Chester, including an analysis of house prices by property type and some of the best areas you could consider when choosing a house to purchase in Chester.
Are House Prices Rising In Chester?
As with most areas in the UK, house prices in Chester are on the rise. House prices in Chester and the west of Cheshire have risen by 4.9% over the previous year. This is higher than the rise in house prices in England as a whole, which have risen by an average of 2.2% over the last year.
What Does The Average House Cost In Chester?
The average property price in Chester is £297,638. This cost varies depending on the type of property, local area, and local amenities. Below is some data on average property prices in Chester, categorised by property type:
Property Type | Average Price (August 2024) | Price Change YOY |
Detached | £568,373 | +11% |
Semi-Detached Houses | £355,926 | +6% |
Terraced Houses | £294,761 | +9% |
Flats | £220,630 | +11% |
As detailed in the table above, the cheapest property to buy in Chester would be a flat, closely followed by a terraced house. As expected, detached houses are more expensive than semi-detached and terraced homes, and this is likely due to their size, garden space and added privacy. Since the COVID pandemic, detached properties have risen in cost significantly quicker than other types of property.
What is the best area to live in Chester?
There are many popular areas within Chester for a number of different reasons. It will depend on your price range and what your lifestyle is like as to what the best area in Chester is for you.
Some of the top areas in the city include:
Hanbridge
A short walk from the city centre with historical buildings and independent shops. This area is perfect for those who want to be close to the city but enjoy a quieter atmosphere.
Hoole
A popular choice for families due to its excellent schools, proximity to the train station and mix of local shops and cafes.
City Centre
Close to the action, the city centre has beautiful architecture and plenty of cultural attractions. It’s ideal for those who prefer an urban lifestyle.
Curzon Park & Queens Park
Two of the more expensive areas to live in the city, they are known for their scenic river views and beautiful properties.
Regardless of personal preferences, there truly is something for everyone in Chester.
Talk to SellHouseFast.co.uk
5If you already own a property in Chester but are looking to sell your house fast, get in touch. We can help you to streamline your property sale as we are a cash house buyer, therefore removing the need for time-consuming processes such as mortgages or dealings with estate agents and lenders.
To sell your Chester house fast get a free cash offer via our website. A member of our helpful team will be in touch to discuss the details of your property with you, you’ll be appointed with a solicitor at our expense, and we’ll even cover the cost of a surveyor to confirm the valuation of your property. If at this stage you agree to go ahead with our final offer, you could receive your property funds extremely quickly.