According to the public record, 38, Mandarin Way, Derby is a modern freehold house with 1,399 ft2 of internal area and sits on a 261 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Mandarin Way, Alvaston, Derby, DE24 is located within the DE24 postal district.
38, Mandarin Way, Derby has 2 entries in the Land Registry database, most recently in June 2009 and a single entry in the EPC database dated March 2024.
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 38 Mandarin Way Derby as £298,707 and the rental value as £1,267 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 38 Mandarin Way Derby has decreased by £957 (0.3%) and its rental value has increased by £79 per month (6.3%).
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 38, Mandarin Way, Derby is in very good condition we estimate a sale value of £313,643 and rental value of £1,330 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £277,798 and a rental value of £1,178 per month.
If you were able to purchase this property for the estimated value of £298,707, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,468 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, 38, Mandarin Way, Derby sits on a plot of 261m2.
We have plot size data on 32 out of 41 other houses in the postcode and 38, Mandarin Way, Derby sits on the 18th largest plot.
According to HM Land Registry, 38, Mandarin Way, Derby was last sold on 25 Jun 2009 for £179,100 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2009, the market for similar properties has risen 76.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Mandarin Way, Derby within a radius of 490 metres over the last 2 years.
The most recent example is 83, Kiwi Drive, Derby, DE24 8NN, a Freehold house which sold for £260,000 in Aug 2021.
Read more about house prices in DE24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mandarin Way, Alvaston, Derby, DE24 has a total of 41 addresses. According to our analysis of all the public data, 38, Mandarin Way, Derby is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £103k more expensive than the average property in DE24.
38, Mandarin Way, Derby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Mar 2024.
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 38, Mandarin Way, Derby is Peartree station which is 1.9 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 38, Mandarin Way, Derby, 43.9% of property is privately rented and 26.7% 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 38, Mandarin Way, Derby, 23.2% of residents are recorded as possessing school level qualifications and 28.7% 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 38, Mandarin Way, 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 38, Mandarin Way, 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 38, Mandarin Way, 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.