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According to the public record, 12, Wallace Street, Derby is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 569 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Wallace Street, Derby is £134,240 and the estimated rental value is £845 per month.
Wallace Street, Derby, DE22 is located within the DE22 postal district.
12, Wallace Street, Derby has a single entry in the Land Registry from October 2019 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 2 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 12, Wallace Street, Derby is in very good condition we estimate a sale value of £140,952 and a rental value of £887 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £124,843 and a rental value of £786 per month.
Over the last 12 months the sale value of 12 Wallace Street Derby has decreased by an estimated £263 (0.2%) and its rental value has increased by an estimated £28 per month (3.3%), giving an expected gross yield of 7.6%.
According to HM Land Registry, 12, Wallace Street, Derby was last sold on 21st October 2019 for £75,020 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2019, the market for similar properties has risen 59.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Wallace Street, Derby within a radius of 570 metres over the last 2 years.
The most recent example is 24, New Zealand Square, Derby, DE22 3BZ, a freehold house which sold for £91,000 on the 24th September 2021.
Read more about house prices in DE22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wallace Street, Derby, DE22 has a total of 20 addresses. According to our analysis of all the public data, 12, Wallace Street, Derby is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £116k less expensive than the average property in DE22.
The closest station to 12, Wallace Street, Derby is Derby station which is 3.1 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 12, Wallace Street, Derby, 48.9% of property is socially rented and 19.1% 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 12, Wallace Street, Derby, 26.4% of residents are recorded as possessing school level qualifications and 20.4% 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 12, Wallace Street, Derby, the average age was 33.6 and the most common age was 22.
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 12, Wallace Street, Derby, 0.0% 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 12, Wallace Street, Derby, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.