According to the public record, 26, Spencer Street, Derby is a early-century freehold house with 818 ft2 of internal area and sits on a 151 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Spencer Street, Derby, DE24 is located within the DE24 postal district.
26, Spencer Street, Derby has 31 entries in the Land Registry database, most recently in July 2022 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 26 Spencer Street Derby as £157,956 and the rental value as £908 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 26 Spencer Street Derby has increased by £99 (0.1%) and its rental value has increased by £60 per month (6.6%).
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 26, Spencer Street, Derby is in very good condition we estimate a sale value of £165,854 and rental value of £954 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £146,899 and a rental value of £845 per month.
If you were able to purchase this property for the estimated value of £157,956, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £776 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, 26, Spencer Street, Derby sits on a plot of 151m2.
We have plot size data on 22 out of 30 other houses in the postcode and 26, Spencer Street, Derby sits on the 13th largest plot.
According to HM Land Registry, 26, Spencer Street, Derby was last sold on 26 Jul 2022 for £158,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jul 2022, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 26, Spencer Street, Derby within a radius of 470 metres over the last 2 years.
The most recent example is 6, Spencer Street, Derby, DE24 8RW, a Freehold house which sold for £170,000 in Oct 2023.
Read more about house prices in DE24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spencer Street, Derby, DE24 has a total of 35 addresses. According to our analysis of all the public data, 26, Spencer Street, Derby is the 24th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £38k less expensive than the average property in DE24.
26, Spencer Street, Derby has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 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 26, Spencer Street, Derby is Spondon station which is 2.2 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 26, Spencer Street, Derby, 31.8% of property is privately rented and 26.4% 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 26, Spencer Street, Derby, 22.9% of residents are recorded as possessing school level qualifications and 24.9% 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 26, Spencer Street, 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 26, Spencer Street, 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 26, Spencer Street, Derby, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.