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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
1, Richmond Lane, Derby is described in the public record as a modern house with 678 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Richmond Lane, Derby is £236,508 and its rental estimate is £1,153 per month, given the available information and assuming reasonable condition.
Richmond Lane, Chellaston, Derby, DE73 falls within the DE73 postal district, in the borough of South Derbyshire.
1, Richmond Lane, Derby has no records in the the Land Registry and a single entry in the EPC database dated May 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Richmond Lane, Derby, we estimate a market value of £248,333 and a rental value of £1,210 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £219,952 and £1,072 per month respectively.
Over the last year, 1, Richmond Lane, Derby has seen its estimated sale value decline by £2,162 (0.9%) and its estimated rental value climb by £23 per month (2.0%). This results in an estimated gross rental yield of 5.8%.
1, Richmond Lane, Derby has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 May 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 1, Richmond Lane, Derby have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th March 2019, was 12, Richmond Lane, Derby, DE73 6AE, a freehold house which sold for £69,451.
Read more about house prices in DE73.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 23 addresses on Richmond Lane, Chellaston, Derby, DE73, 1, Richmond Lane, Derby comes out as the 16th largest and the 17th most expensive in our analysis of the public data.
It is also £82k less expensive than the average property across the DE73 district.
From 1, Richmond Lane, Derby, the nearest station is Peartree, 4.9 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1, Richmond Lane, Derby, % of property is and % is .
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 1, Richmond Lane, Derby, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 1, Richmond Lane, 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 1, Richmond Lane, Derby, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
