According to the public record, 29, Ford Lane, Derby is a mid-century freehold house with 968 ft2 of internal area and sits on a 441 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Ford Lane, Allestree, Derby, DE22 is located within the DE22 postal district.
29, Ford Lane, Derby has a single entry in the Land Registry database from February 2021 and a single entry in the EPC database dated May 2020.
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 29 Ford Lane Derby as £359,821 and the rental value as £1,406 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 29 Ford Lane Derby has decreased by £1,638 (0.5%) and its rental value has increased by £70 per month (5.0%).
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 29, Ford Lane, Derby is in very good condition we estimate a sale value of £377,812 and rental value of £1,476 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £334,634 and a rental value of £1,308 per month.
If you were able to purchase this property for the estimated value of £359,821, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,768 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, 29, Ford Lane, Derby sits on a plot of 441m2.
We have plot size data on 7 out of 16 other houses in the postcode and 29, Ford Lane, Derby sits on the 6th largest plot.
According to HM Land Registry, 29, Ford Lane, Derby was last sold on 26 Feb 2021 for £280,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2021, the market for similar properties has risen 9.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Ford Lane, Derby within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 52, Derwent Avenue, Derby, DE22 2DQ, a Freehold house which sold for £330,000 in Apr 2022.
Read more about house prices in DE22.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ford Lane, Allestree, Derby, DE22 has a total of 66 addresses. According to our analysis of all the public data, 29, Ford Lane, Derby is the 63rd largest and the 65th most expensive property on the street.
When compared to the postcode district it is £139k more expensive than the average property in DE22.
29, Ford Lane, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 May 2020.
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 29, Ford Lane, Derby is Duffield station which is 3.4 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 29, Ford Lane, Derby, 50.8% of property is privately owned outright and 42.5% 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 29, Ford Lane, Derby, 23.0% of residents are recorded as possessing school level qualifications and 53.7% 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 29, Ford Lane, 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 29, Ford Lane, 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 29, Ford Lane, Derby, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.