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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, 114, Merlin Way, Derby is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 851 ft2 of internal area and sits on a 289 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 114, Merlin Way, Derby is £341,639 and the estimated rental value is £1,312 per month.
Merlin Way, Mickleover, Derby, DE3 is located in the borough of South Derbyshire within the DE3 postal district.
114, Merlin Way, Derby has 31 entries in the Land Registry , most recently in October 2008 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 5 out of 5 and is considered of high 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 114, Merlin Way, Derby is in very good condition we estimate a sale value of £358,721 and a rental value of £1,377 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £317,724 and a rental value of £1,220 per month.
Over the last 12 months the sale value of 114 Merlin Way Derby has increased by an estimated £1,135 (0.3%) and its rental value has increased by an estimated £29 per month (2.2%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 114, Merlin Way, Derby sits on a plot of 289m2.
We have plot size data on 45 out of 45 other houses in the postcode and 114, Merlin Way, Derby sits on the 39th largest plot.
According to HM Land Registry, 114, Merlin Way, Derby was last sold on 24th October 2008 for £207,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since October 2008, the market for similar properties has risen 58.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 114, Merlin Way, Derby within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 44, Merlin Way, Derby, DE3 0SL, a freehold house which sold for £265,000 on the 12th February 2021.
Read more about house prices in DE3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merlin Way, Mickleover, Derby, DE3 has a total of 103 addresses. According to our analysis of all the public data, 114, Merlin Way, Derby is the 103rd largest and the 101st most expensive property on the street.
When compared to the postcode district it is £34k more expensive than the average property in DE3.
The closest station to 114, Merlin Way, Derby is Willington station which is 4.7 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 114, Merlin Way, Derby, 43.6% of property is privately owned with a mortgage and 42.6% is privately owned outright.
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 114, Merlin Way, Derby, 22.5% of residents are recorded as possessing school level qualifications and 52.9% 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 114, Merlin Way, Derby, the average age was 41.5 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 114, Merlin Way, Derby, 0.4% 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 114, Merlin Way, Derby, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
