10, New Chestnut Place
10, New Chestnut Place
Description & Estimates
10, New Chestnut Place, Derby appears in the public record as a freehold house sitting on a 434 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 1,542 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 10, New Chestnut Place, Derby is £466,254 and its rental estimate is £1,503 per month, given the available information and assuming reasonable condition.
New Chestnut Place, Derby, DE23 falls within the DE23 postal district.
Our Data Sources
10, New Chestnut Place, Derby has a single entry in the Land Registry from July 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 10, New Chestnut Place, Derby, we estimate a market value of £489,567 and a rental value of £1,578 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £433,616 and £1,397 per month respectively.
Recent Market Change
Over the last year, 10, New Chestnut Place, Derby has seen its estimated sale value decline by £3,816 (0.8%) and its estimated rental value climb by £26 per month (1.7%). This results in an estimated gross rental yield of 3.9%.
Plot Size
HM Land Registry records the plot of land for 10, New Chestnut Place, Derby as measuring 434 m2.
That makes it the largest plot in the postcode, where all 13 other houses have recorded plot data.
Sold Prices
The most recent sale of 10, New Chestnut Place, Derby completed on 13th July 2007 at £299,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 49.3% over the period since July 2007.
- Sold Jul 2007£299,950
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 10, New Chestnut Place, Derby have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th June 2021, was 62, Grange Avenue, Derby, DE23 8DG, a freehold house which sold for £390,000.
Read more about house prices in DE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 13 addresses on New Chestnut Place, Derby, DE23, 10, New Chestnut Place, Derby comes out as the largest and the most expensive in our analysis of the public data.
It is also £245k more expensive than the average property across the DE23 district.
More reading links
Schools Nearby
- 200mAkaal Primary School
- 500mVillage Primary Academy
- 900mRidgeway Infant School
- 1.6kmDerby Moor Spencer Academy
- 2.3kmLittleover Community School
- 2.4kmCity of Derby Academy
More reading links
Public Transport Nearby
From 10, New Chestnut Place, Derby, the nearest station is Peartree, 1.3 kilometres away.
- 1.3kmPeartree
- 2.9kmDerby
- 5.6kmSpondon
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
