According to the public record, 8, Lang Road, Derby is a early-century freehold house and with 979 ft2 of internal area and sits on a 193 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lang Road, Alvaston, Derby, DE24 is located within the DE24 postal district.
8, Lang Road, Derby has 21 entries in the Land Registry database, most recently in September 2020 and a single entry in the EPC database dated January 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 8 Lang Road Derby as £175,412 and the rental value as £969 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 8 Lang Road Derby has decreased by £813 (0.5%) and its rental value has increased by £58 per month (6.0%).
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 8, Lang Road, Derby is in very good condition we estimate a sale value of £184,183 and rental value of £1,018 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £163,133 and a rental value of £902 per month.
If you were able to purchase this property for the estimated value of £175,412, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £862 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, 8, Lang Road, Derby sits on a plot of 193m2.
We have plot size data on 22 out of 37 other houses in the postcode and 8, Lang Road, Derby sits on the 18th largest plot.
According to HM Land Registry, 8, Lang Road, Derby was last sold on 11 Sep 2020 for £122,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2020, the market for similar properties has risen 16.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Lang Road, Derby within a radius of 182m over the last 2 years.
The most recent example is 57, Strathmore Avenue, Derby, DE24 0FW, a Freehold house which sold for £186,000 in Mar 2022.
Read more about house prices in DE24.
Lang Road, Alvaston, Derby, DE24 has a total of 37 addresses. According to our analysis of all the public data, 8, Lang Road, Derby is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £21k less expensive than the average property in DE24.
8, Lang Road, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jan 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 8, Lang Road, Derby is Peartree station which is 2.4 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 8, Lang Road, Derby, 31.8% of property is privately owned with a mortgage and 30.9% is socially rented.
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 8, Lang Road, Derby, 29.5% of residents are recorded as possessing school level qualifications and 15.5% 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 8, Lang Road, 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 8, Lang Road, 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 8, Lang Road, Derby, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.