According to the public record, 5, Parkfields Drive, Derby is a early-century freehold house with 914 ft2 of internal area and sits on a 590 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Parkfields Drive, Derby, DE22 is located within the DE22 postal district.
5, Parkfields Drive, Derby has a single entry in the Land Registry database from January 2019 and a single entry in the EPC database dated September 2018.
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 5 Parkfields Drive Derby as £312,680 and the rental value as £1,238 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 5 Parkfields Drive Derby has decreased by £1,678 (0.5%) and its rental value has increased by £56 per month (4.5%).
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 5, Parkfields Drive, Derby is in very good condition we estimate a sale value of £328,314 and rental value of £1,300 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £290,792 and a rental value of £1,152 per month.
If you were able to purchase this property for the estimated value of £312,680, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,537 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, 5, Parkfields Drive, Derby sits on a plot of 590m2.
We have plot size data on 19 out of 26 other houses in the postcode and 5, Parkfields Drive, Derby sits on the 5th largest plot.
According to HM Land Registry, 5, Parkfields Drive, Derby was last sold on 14 Jan 2019 for £180,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2019, the market for similar properties has risen 15.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Parkfields Drive, Derby within a radius of 510 metres over the last 2 years.
The most recent example is 26, Broadway, Derby, DE22 1BQ, a Freehold house which sold for £332,500 in Apr 2024.
Read more about house prices in DE22.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parkfields Drive, Derby, DE22 has a total of 26 addresses. According to our analysis of all the public data, 5, Parkfields Drive, Derby is the 17th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £92k more expensive than the average property in DE22.
5, Parkfields Drive, Derby has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Sep 2018.
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 5, Parkfields Drive, Derby is Derby station which is 2.6 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 5, Parkfields Drive, Derby, 49.6% of property is privately owned outright and 41.7% 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 5, Parkfields Drive, Derby, 25.5% of residents are recorded as possessing school level qualifications and 56.0% 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 5, Parkfields Drive, Derby, the average age was 43.4 and the most common age was 42.
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 5, Parkfields Drive, Derby, 1.4% 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 5, Parkfields Drive, Derby, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.