According to the public record, 1057, London Road, Derby is a period freehold house with 2,389 ft2 of internal area and sits on a 231 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
London Road, Alvaston, Derby, DE24 is located within the DE24 postal district.
1057, London Road, Derby has a single entry in the Land Registry database from February 2016 and a single entry in the EPC database dated March 2022.
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 1057 London Road Derby as £252,681 and the rental value as £1,334 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 1057 London Road Derby has decreased by £1,996 (0.8%) and its rental value has increased by £77 per month (5.8%).
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 1057, London Road, Derby is in very good condition we estimate a sale value of £265,315 and rental value of £1,400 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £234,993 and a rental value of £1,240 per month.
If you were able to purchase this property for the estimated value of £252,681, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,242 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, 1057, London Road, Derby sits on a plot of 231m2.
We have plot size data on 10 out of 14 other houses in the postcode and 1057, London Road, Derby sits on the 10th largest plot.
According to HM Land Registry, 1057, London Road, Derby was last sold on 05 Feb 2016 for £225,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2016, the market for similar properties has risen 40.7%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 1057, London Road, Derby within a radius of 530 metres over the last 2 years.
The most recent example is 1065, London Road, Derby, DE24 8PZ, a Freehold house which sold for £225,000 in Dec 2015.
Read more about house prices in DE24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
London Road, Alvaston, Derby, DE24 has a total of 343 addresses. According to our analysis of all the public data, 1057, London Road, Derby is the 5th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £57k more expensive than the average property in DE24.
1057, London Road, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Mar 2022.
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 1057, London Road, Derby is Spondon station which is 2.1 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 1057, London Road, Derby, 34.3% of property is privately owned outright and 33.3% is privately 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 1057, London Road, Derby, 13.8% of residents are recorded as possessing school level qualifications and 22.9% 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 1057, London Road, 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 1057, London Road, Derby, 0.4% 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 1057, London Road, Derby, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.