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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
According to the public record, 1, The Spinney, Derby is a modern freehold house with 990 ft2 of internal area and sits on a 423 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, The Spinney, Derby is £325,382 and the estimated rental value is £1,206 per month.
The Spinney, Borrowash, Derby, DE72 is located in the borough of Erewash within the DE72 postal district.
1, The Spinney, Derby has 31 entries in the Land Registry , most recently in August 2020 and a single entry in the EPC database dated March 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 1, The Spinney, Derby is in very good condition we estimate a sale value of £341,651 and a rental value of £1,266 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £302,605 and a rental value of £1,122 per month.
Over the last 12 months the sale value of 1 The Spinney Derby has decreased by an estimated £5,336 (1.6%) and its rental value has increased by an estimated £28 per month (2.3%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, 1, The Spinney, Derby sits on a plot of 423m2.
We have plot size data on 13 out of 13 other houses in the postcode and 1, The Spinney, Derby sits on the 2nd largest plot.
1, The Spinney, Derby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Mar 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, The Spinney, Derby was last sold on 28th August 2020 for £299,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since August 2020, the market for similar properties has dropped 11.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, The Spinney, Derby within a radius of 820 metres over the last 2 years.
The most recent example is 6, Roman Way, Derby, DE72 3LX, a freehold house which sold for £373,000 on the 17th June 2022.
Read more about house prices in DE72.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Spinney, Borrowash, Derby, DE72 has a total of 13 addresses. According to our analysis of all the public data, 1, The Spinney, Derby is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £108k more expensive than the average property in DE72.
The closest station to 1, The Spinney, Derby is Spondon station which is 2.8 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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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The recent census recorded whether a resident owned or rented their home.
In the area around 1, The Spinney, Derby, 50.4% of property is privately owned outright and 33.9% 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 1, The Spinney, Derby, 17.0% of residents are recorded as possessing school level qualifications and 36.3% 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 1, The Spinney, Derby, the average age was 45 and the most common age was 57.
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, The Spinney, Derby, 2.1% 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, The Spinney, Derby, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
