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Morrell Wood Drive is a residential street with 37 addresses.
It ranks as the 561st largest and 481st most expensive of the 712 streets in the DE56 area. The dominant property type is a modern house built after 1980.
The street contains a total of 37 properties: 37 houses.
Morrell Wood Drive is a residential street with 37 addresses.
It ranks as the 561st largest and 481st most expensive of the 712 streets in the DE56 area. The dominant property type is a modern house built after 1980.
The street contains a total of 37 properties: 37 houses.
Sale prices range from £271,340 for 3 bedroom freehold houses with a garden (1,118 ft2) to £447,316 for 3 bedroom freehold houses with a garden (1,169 ft2) .
Monthly rental prices range from £1,216 pcm for 3 bed houses to £1,560 pcm for 3 bed houses.
The gross rental yield is between 4.2% and 5.4%.
The average value per square foot is £275.
The last sale on Morrell Wood Drive sold for £395,000 on 12th December 2024. Since then prices are down an average of 1.6%.
The current average value in the street is £337,628.
The Morrell Wood Drive Sales Market has increased by 38.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.1% | £337,628 |
| May 2025 | 0% | £345,043 |
| May 2024 | -1.4% | £345,086 |
| May 2023 | 2% | £349,917 |
| May 2022 | 11.3% | £342,936 |
| May 2021 | 5% | £308,029 |
| May 2020 | 4.6% | £293,343 |
| May 2019 | 1.7% | £280,466 |
| May 2018 | 9.2% | £275,805 |
| May 2017 | 3.3% | £252,564 |
| May 2016 | 3.5% | £244,395 |
| May 2015 | 8% | £236,233 |
| May 2014 | 5.8% | £218,745 |
| May 2013 | 0.8% | £206,743 |
| May 2012 | 1.1% | £205,185 |
| May 2011 | -1.2% | £202,899 |
| May 2010 | 5.3% | £205,431 |
| May 2009 | -5.9% | £195,013 |
| May 2008 | -2.9% | £207,273 |
| May 2007 | 0% | £213,568 |
The current average rental value in the street is £1,375.
The Morrell Wood Drive Rental Market has increased by 61.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.8% | £1,375pcm |
| May 2025 | 3.4% | £1,351pcm |
| May 2024 | 6.9% | £1,306pcm |
| May 2023 | 10.6% | £1,222pcm |
| May 2022 | 9.6% | £1,105pcm |
| May 2021 | 6.5% | £1,007pcm |
| May 2020 | 3.2% | £946pcm |
| May 2019 | 2.5% | £917pcm |
| May 2018 | 1.9% | £894pcm |
| May 2017 | 3.2% | £878pcm |
| May 2016 | 1.9% | £851pcm |
| May 2015 | 1.6% | £835pcm |
| May 2014 | 4.1% | £822pcm |
| May 2013 | 1.4% | £790pcm |
| May 2012 | -0.7% | £779pcm |
| May 2011 | 2.9% | £785pcm |
| May 2010 | 2.5% | £763pcm |
| May 2009 | -5.3% | £745pcm |
| May 2008 | 2% | £786pcm |
| May 2007 | 0% | £771pcm |
The last sale was on 12th December 2024 for £395,000 and since then the market in the area has decreased by 1.6%. The street has had a total of 40 sales since 1995.
Morrell Wood Drive, Belper, DE56 has seen 1 sale in the last three years and no sales in the last twelve months.
Morrell Wood Drive, Belper, DE56 is the 561st largest and the 481st most expensive street in the DE56 area.
There is 1 postcode on Morrell Wood Drive, Belper, DE56.
The closest station to Morrell Wood Drive, Belper, DE56 is Belper station which is 2.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Morrell Wood Drive, Belper, DE56, 49.6% of property is privately owned outright and 44.3% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands 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 Morrell Wood Drive, Belper, DE56, 22.5% of residents are recorded as possessing school level qualifications and 32.9% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Morrell Wood Drive, Belper, DE56, the average age was 43.5 and the most common age was 52.
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 Morrell Wood Drive, Belper, DE56, 1.3% 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 Morrell Wood Drive, Belper, DE56, there are an average of 2.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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