According to the public record, 7, Prospect Road, Dronfield is a mid-century leasehold house with 753 ft2 of internal area and sits on a 2,194 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Prospect Road, Dronfield, S18 is located in the borough of North East Derbyshire within the S18 postal district.
7, Prospect Road, Dronfield has a single entry in the Land Registry database from January 2024 and a single entry in the EPC database dated June 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 7 Prospect Road Dronfield as £308,067 and the rental value as £966 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 7 Prospect Road Dronfield has increased by £16,435 (5.3%) and its rental value has increased by £19 per month (2.0%).
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 7, Prospect Road, Dronfield is in very good condition we estimate a sale value of £323,470 and rental value of £1,014 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £286,502 and a rental value of £898 per month.
If you were able to purchase this property for the estimated value of £308,067, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,514 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, 7, Prospect Road, Dronfield sits on a plot of 2194m2.
We have plot size data on 40 out of 46 other houses in the postcode and 7, Prospect Road, Dronfield sits on the 3rd largest plot.
According to HM Land Registry, 7, Prospect Road, Dronfield was last sold on 29 Jan 2024 for £270,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Jan 2024, the market for similar properties has risen 5.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Prospect Road, Dronfield within a radius of 670 metres over the last 2 years.
The most recent example is 36, Drury Lane, Dronfield, S18 3AP, a Freehold house which sold for £315,000 in Apr 2024.
Read more about house prices in S18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prospect Road, Dronfield, S18 has a total of 47 addresses. According to our analysis of all the public data, 7, Prospect Road, Dronfield is the 14th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £29k less expensive than the average property in S18.
7, Prospect Road, Dronfield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jun 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 7, Prospect Road, Dronfield is Dronfield station which is 1.3 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 7, Prospect Road, Dronfield, 72.8% of property is privately owned outright and 17.5% 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 7, Prospect Road, Dronfield, 10.6% of residents are recorded as possessing school level qualifications and 28.9% 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 7, Prospect Road, Dronfield, the average age was 49.3 and the most common age was 72.
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 7, Prospect Road, Dronfield, 2.3% 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 7, Prospect Road, Dronfield, 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.