According to the public record, 24, Derby Road, Nottingham is a period freehold house with 1,377 ft2 of internal area and sits on a 526 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Derby Road, Eastwood, Nottingham, NG16 is located in the borough of Broxtowe within the NG16 postal district.
24, Derby Road, Nottingham has a single entry in the Land Registry database from February 2023 and a single entry in the EPC database dated January 2023.
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 24 Derby Road Nottingham as £271,187 and the rental value as £1,206 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 24 Derby Road Nottingham has increased by £5,776 (2.1%) and its rental value has increased by £7 per month (0.6%).
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 24, Derby Road, Nottingham is in very good condition we estimate a sale value of £284,746 and rental value of £1,267 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £252,204 and a rental value of £1,122 per month.
If you were able to purchase this property for the estimated value of £271,187, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,333 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, 24, Derby Road, Nottingham sits on a plot of 526m2.
We have plot size data on 9 out of 10 other houses in the postcode and 24, Derby Road, Nottingham sits on the 4th largest plot.
According to HM Land Registry, 24, Derby Road, Nottingham was last sold on 24 Feb 2023 for £235,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2023, the market for similar properties has risen 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Derby Road, Nottingham within a radius of 610 metres over the last 2 years.
The most recent example is 44, Derby Road, Nottingham, NG16 3NX, a Freehold house which sold for £310,000 in Nov 2023.
Read more about house prices in NG16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Derby Road, Eastwood, Nottingham, NG16 has a total of 44 addresses. According to our analysis of all the public data, 24, Derby Road, Nottingham is the 12th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £55k more expensive than the average property in NG16.
24, Derby Road, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jan 2023.
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 24, Derby Road, Nottingham is Langley Mill station which is 1.4 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 24, Derby Road, Nottingham, 50.0% of property is privately owned outright and 27.8% is privately owned with a mortgage.
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 24, Derby Road, Nottingham, 12.6% of residents are recorded as possessing school level qualifications and 22.2% 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 24, Derby Road, Nottingham, the average age was 41.2 and the most common age was 52.
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 24, Derby Road, Nottingham, 1.5% 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 24, Derby Road, Nottingham, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.