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By comparing it to neighbours, we estimate that it is a modern house with 2,402 ft2 of internal area and sits on a 901 m2 plot and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 159, Station Road, Derby is £758,375 and the estimated rental value is £2,612 per month.
Station Road, Melbourne, Derby, DE73 is located in the borough of South Derbyshire within the DE73 postal district.
159, Station Road, Derby has a single entry in the Land Registry from May 2015 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 4 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 159, Station Road, Derby is in very good condition we estimate a sale value of £796,293 and a rental value of £2,743 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £705,288 and a rental value of £2,429 per month.
Over the last 12 months the sale value of 159 Station Road Derby has decreased by an estimated £11,309 (1.5%) and its rental value has increased by an estimated £54 per month (2.0%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 159, Station Road, Derby sits on a plot of 901m2.
We have plot size data on 29 out of 37 other houses in the postcode and 159, Station Road, Derby sits on the 7th largest plot.
According to HM Land Registry, 159, Station Road, Derby was last sold on 22nd May 2015 for £730,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2015, the market for similar properties has risen 17.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 159, Station Road, Derby within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 29, Freeman Drive, Derby, DE73 8JA, a freehold house which sold for £795,000 on the 30th June 2023.
Read more about house prices in DE73.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Station Road, Melbourne, Derby, DE73 has a total of 142 addresses. According to our analysis of all the public data, 159, Station Road, Derby is the 6th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £441k more expensive than the average property in DE73.
The closest station to 159, Station Road, Derby is Peartree station which is 8.5 kilometres 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 159, Station Road, Derby, 53.3% of property is privately owned outright and 30.3% 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 159, Station Road, Derby, 15.0% of residents are recorded as possessing school level qualifications and 36.0% 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 159, Station Road, Derby, the average age was 45.6 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 159, Station Road, Derby, 2.5% 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 159, Station Road, Derby, there are an average of 2.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.