According to the public record, 256, Lambourn Drive, Derby is a mid-century freehold house with 761 ft2 of internal area and sits on a 262 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lambourn Drive, Allestree, Derby, DE22 is located within the DE22 postal district.
256, Lambourn Drive, Derby has a single entry in the Land Registry database from August 2011 and a single entry in the EPC database dated June 2010.
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 256 Lambourn Drive Derby as £245,976 and the rental value as £1,170 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 256 Lambourn Drive Derby has decreased by £1,120 (0.5%) and its rental value has increased by £57 per month (4.8%).
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 256, Lambourn Drive, Derby is in very good condition we estimate a sale value of £258,274 and rental value of £1,228 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £228,757 and a rental value of £1,088 per month.
If you were able to purchase this property for the estimated value of £245,976, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,209 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, 256, Lambourn Drive, Derby sits on a plot of 262m2.
We have plot size data on 23 out of 35 other houses in the postcode and 256, Lambourn Drive, Derby sits on the 23rd largest plot.
According to HM Land Registry, 256, Lambourn Drive, Derby was last sold on 05 Aug 2011 for £165,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2011, the market for similar properties has risen 52.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 256, Lambourn Drive, Derby within a radius of 940 metres over the last 2 years.
The most recent example is 59, Home Farm Drive, Derby, DE22 2UP, a Freehold house which sold for £270,000 in May 2022.
Read more about house prices in DE22.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lambourn Drive, Allestree, Derby, DE22 has a total of 197 addresses. According to our analysis of all the public data, 256, Lambourn Drive, Derby is the 137th largest and the 153rd most expensive property on the street.
When compared to the postcode district it is £25k more expensive than the average property in DE22.
256, Lambourn Drive, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jun 2010.
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 256, Lambourn Drive, Derby is Duffield station which is 4.0 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 256, Lambourn Drive, Derby, 43.7% of property is privately owned outright and 23.5% is shared ownership.
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 256, Lambourn Drive, Derby, 13.9% of residents are recorded as possessing school level qualifications and 33.0% 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 256, Lambourn Drive, Derby, the average age was 45.3 and the most common age was 57.
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 256, Lambourn 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 256, Lambourn Drive, Derby, 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.