According to the public record, 1, Oak Drive, Derby is a early-century freehold house with 950 ft2 of internal area and sits on a 318 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Oak Drive, Alvaston, Derby, DE24 is located within the DE24 postal district.
1, Oak Drive, Derby has 31 entries in the Land Registry database, most recently in June 2017 and a single entry in the EPC database dated October 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Oak Drive Derby as £202,196 and the rental value as £1,036 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 1 Oak Drive Derby has decreased by £937 (0.5%) and its rental value has increased by £62 per month (6.0%).
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 1, Oak Drive, Derby is in very good condition we estimate a sale value of £212,306 and rental value of £1,088 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,042 and a rental value of £964 per month.
If you were able to purchase this property for the estimated value of £202,196, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £994 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Oak Drive, Derby sits on a plot of 318m2.
We have plot size data on 7 out of 18 other houses in the postcode and 1, Oak Drive, Derby sits on the 3rd largest plot.
According to HM Land Registry, 1, Oak Drive, Derby was last sold on 29 Jun 2017 for £160,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jun 2017, the market for similar properties has risen 33.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Oak Drive, Derby within a radius of 510 metres over the last 2 years.
The most recent example is 12, Oak Drive, Derby, DE24 0FS, a Freehold house which sold for £178,000 in Jun 2023.
Read more about house prices in DE24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oak Drive, Alvaston, Derby, DE24 has a total of 18 addresses. According to our analysis of all the public data, 1, Oak Drive, Derby is the largest and the most expensive property on the street.
When compared to the postcode district it is £6k more expensive than the average property in DE24.
1, Oak Drive, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Oct 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Oak Drive, Derby is Peartree station which is 2.8 kilometres away.
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 1, Oak Drive, Derby, 32.1% of property is privately owned outright and 23.9% is socially rented.
The graph below shows how this compares to Greater London 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 1, Oak Drive, Derby, 23.6% of residents are recorded as possessing school level qualifications and 26.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Oak Drive, Derby, the average age was 37.1 and the most common age was 32.
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 1, Oak Drive, Derby, 0.0% 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 1, Oak Drive, Derby, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.