According to the public record, 8, Weirfield Road, Derby is a mid-century freehold house with 1,011 ft2 of internal area and sits on a 455 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Weirfield Road, Darley Abbey, Derby, DE22 is located within the DE22 postal district.
8, Weirfield Road, Derby has a single entry in the Land Registry database from November 2020 and a single entry in the EPC database dated February 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 Weirfield Road Derby as £309,813 and the rental value as £1,239 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 8 Weirfield Road Derby has decreased by £1,502 (0.5%) and its rental value has increased by £58 per month (4.7%).
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, Weirfield Road, Derby is in very good condition we estimate a sale value of £325,304 and rental value of £1,301 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £288,126 and a rental value of £1,152 per month.
If you were able to purchase this property for the estimated value of £309,813, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,523 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, Weirfield Road, Derby sits on a plot of 455m2.
We have plot size data on 18 out of 34 other houses in the postcode and 8, Weirfield Road, Derby sits on the 2nd largest plot.
According to HM Land Registry, 8, Weirfield Road, Derby was last sold on 18 Nov 2020 for £310,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2020, the market for similar properties has risen 8.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Weirfield Road, Derby within a radius of 980 metres over the last 2 years.
The most recent example is 90, Darley Abbey Drive, Derby, DE22 1EF, a Freehold house which sold for £342,500 in Jun 2023.
Read more about house prices in DE22.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Weirfield Road, Darley Abbey, Derby, DE22 has a total of 36 addresses. According to our analysis of all the public data, 8, Weirfield Road, Derby is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £89k more expensive than the average property in DE22.
8, Weirfield Road, Derby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Feb 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, Weirfield Road, Derby is Derby station which is 3.2 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 8, Weirfield Road, Derby, 58.4% of property is privately owned outright and 32.8% 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 8, Weirfield Road, Derby, 18.6% of residents are recorded as possessing school level qualifications and 49.8% 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, Weirfield Road, 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 8, Weirfield Road, Derby, 2.6% 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, Weirfield Road, 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.