118, Balfour Road
118, Balfour Road
Description & Estimates
118, Balfour Road, Derby is recorded publicly as a period freehold house across 796 ft2 of internal area, sitting on a 184 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 118, Balfour Road, Derby is £171,699 and its rental estimate is £1,044 per month, given the available information and assuming reasonable condition.
Balfour Road, Derby, DE23 falls within the DE23 postal district.
Our Data Sources
118, Balfour Road, Derby has a single entry in the Land Registry from February 2015 and a single entry in the EPC database dated June 2014.
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.
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 118, Balfour Road, Derby, we estimate a market value of £180,284 and a rental value of £1,097 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £159,680 and £971 per month respectively.
Recent Market Change
Over the last year, 118, Balfour Road, Derby has seen its estimated sale value move up by £348 (0.2%) and its estimated rental value increase by £29 per month (2.8%). This results in an estimated gross rental yield of 7.3%.
Plot Size
HM Land Registry records the plot of land for 118, Balfour Road, Derby as measuring 184 m2.
That makes it the 23rd largest plot in the postcode, where 28 of the 36 other houses have recorded plot data.
Energy Efficiency
118, Balfour Road, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Jun 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 118, Balfour Road, Derby completed on 12th February 2015 at £88,000 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 85.0% over the period since February 2015.
- Sold Feb 2015£88,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 118, Balfour Road, Derby have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th July 2025, was 146, Balfour Road, Derby, DE23 8UQ, a freehold house which sold for £155,000.
Read more about house prices in DE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 166 addresses on Balfour Road, Derby, DE23, 118, Balfour Road, Derby comes out as the 118th largest and the 39th most expensive in our analysis of the public data.
It is also £50k less expensive than the average property across the DE23 district.
More reading links
Schools Nearby
- 400mPear Tree Infant School
- 400mPear Tree Community Junior School
- 800mVillage Primary Academy
- 1.9kmUTC Derby Pride Park
- 2.2kmAlvaston Moor Academy
- 2.9kmDerby Cathedral School
More reading links
Public Transport Nearby
From 118, Balfour Road, Derby, the nearest station is Peartree, 100 metres away.
- 100mPeartree
- 2.0kmDerby
- 4.3kmSpondon
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.
