According to the public record, 42, Princess Drive, Derby is a early-century freehold house and with 990 ft2 of internal area and sits on a 256 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Princess Drive, Borrowash, Derby, DE72 is located in the borough of Erewash within the DE72 postal district.
42, Princess Drive, Derby has a single entry in the Land Registry database from September 2012 and 2 entries in the EPC database, most recently in February 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 42 Princess Drive Derby as £286,152 and the rental value as £1,032 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 42 Princess Drive Derby has decreased by £1,411 (0.5%) and its rental value has increased by £60 per month (5.8%).
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 42, Princess Drive, Derby is in very good condition we estimate a sale value of £300,459 and rental value of £1,084 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £266,121 and a rental value of £960 per month.
If you were able to purchase this property for the estimated value of £286,152, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,406 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, 42, Princess Drive, Derby sits on a plot of 256m2.
We have plot size data on 24 out of 42 other houses in the postcode and 42, Princess Drive, Derby sits on the 19th largest plot.
According to HM Land Registry, 42, Princess Drive, Derby was last sold on 06 Sep 2012 for £135,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2012, the market for similar properties has risen 67.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Princess Drive, Derby within a radius of 135m over the last 2 years.
The most recent example is 63, Manor Road, Derby, DE72 3LL, a Freehold house which sold for £298,000 in Jan 2023.
Read more about house prices in DE72.
Princess Drive, Borrowash, Derby, DE72 has a total of 42 addresses. According to our analysis of all the public data, 42, Princess Drive, Derby is the 26th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £31k more expensive than the average property in DE72.
42, Princess Drive, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Feb 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 42, Princess Drive, Derby is Spondon station which is 1.8 km 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 42, Princess Drive, Derby, 60.0% of property is privately owned outright and 30.8% 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 42, Princess Drive, Derby, 19.2% of residents are recorded as possessing school level qualifications and 34.0% 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 42, Princess Drive, Derby, the average age was 45 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 42, Princess 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 42, Princess Drive, Derby, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.