115, Derby Road
115, Derby Road
Description & Estimates
115, Derby Road, Loughborough is described in the public record as a modern apartment with 688 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 115, Derby Road, Loughborough is £115,941 and its rental estimate is £714 per month, given the available information and assuming reasonable condition.
Derby Road, Loughborough, LE11 falls within the LE11 postal district, in the borough of Charnwood.
Our Data Sources
115, Derby Road, Loughborough has no records in the the Land Registry and a single entry in the EPC database dated February 2023.
We combine this information with public data of neighbouring properties to estimate the property 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 115, Derby Road, Loughborough, we estimate a market value of £121,738 and a rental value of £749 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £107,825 and £664 per month respectively.
Recent Market Change
Over the last year, 115, Derby Road, Loughborough has seen its estimated sale value fall by £444 (0.4%) and its estimated rental value move up by £8 per month (1.2%). This results in an estimated gross rental yield of 7.4%.
Energy Efficiency
115, Derby Road, Loughborough has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Feb 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 115, Derby Road, Loughborough have sold within a radius of 480 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st June 2024, was Flat 11, 151, Paget Street, Loughborough, LE11 5DU, a leasehold flat which sold for £142,500.
Read more about house prices in LE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 340 addresses on Derby Road, Loughborough, LE11, 115, Derby Road, Loughborough comes out as the 109th largest and the 310th most expensive in our analysis of the public data.
It is also £130k less expensive than the average property across the LE11 district.
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Schools Nearby
- 400mSaint Mary's Catholic Primary School, Loughborough
- 800mRendell Primary School
- 800mLoughborough Church of England Primary School
- 500mLimehurst Academy
- 1.6kmDe Lisle College Loughborough Leicestershire
- 1.8kmCharnwood College
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Public Transport Nearby
From 115, Derby Road, Loughborough, the nearest station is Loughborough, 1.3 kilometres away.
- 1.3kmLoughborough
- 5.3kmBarrow-upon-Soar
- 8.7kmSileby
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
