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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 14, Melbourne Street, Derby is £117,571 and the estimated rental value is £568 per month.
Melbourne Street, Derby, DE1 is located within the DE1 postal district.
14, Melbourne Street, Derby has no records in the the Land Registry and a single entry in the EPC database dated May 2022.
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.
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 14, Melbourne Street, Derby is in very good condition we estimate a sale value of £123,450 and a rental value of £597 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £109,341 and a rental value of £529 per month.
Over the last 12 months the sale value of 14 Melbourne Street Derby has decreased by an estimated £912 (0.8%) and its rental value has increased by an estimated £8 per month (1.5%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 14, Melbourne Street, Derby sits on a plot of 117m2.
We have plot size data on 12 out of 12 other houses in the postcode and 14, Melbourne Street, Derby sits on the 9th largest plot.
14, Melbourne Street, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Melbourne Street, Derby within a radius of 360 metres over the last 2 years.
The most recent example is 8, Melbourne Street, Derby, DE1 2GE, a freehold house which sold for £135,000 on the 19th April 2022.
Read more about house prices in DE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melbourne Street, Derby, DE1 has a total of 68 addresses. According to our analysis of all the public data, 14, Melbourne Street, Derby is the 20th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £38k less expensive than the average property in DE1.
The closest station to 14, Melbourne Street, Derby is Derby station which is 900 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 14, Melbourne Street, Derby, 69.3% of property is privately rented and 14.0% is socially rented.
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 14, Melbourne Street, Derby, 13.7% of residents are recorded as possessing school level qualifications and 22.9% 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 14, Melbourne Street, Derby, the average age was 32.6 and the most common age was 27.
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 14, Melbourne Street, Derby, 0.6% 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 14, Melbourne Street, Derby, there are an average of 0.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.