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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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16, Purchase Avenue, Heanor is recorded publicly as a mid-century freehold house across 753 ft2 of internal area, sitting on a 696 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 16, Purchase Avenue, Heanor is £211,226 and its rental estimate is £944 per month, given the available information and assuming reasonable condition.
Purchase Avenue, Loscoe, Heanor, DE75 falls within the DE75 postal district, in the borough of Amber Valley.
16, Purchase Avenue, Heanor has a single entry in the Land Registry from October 2011 and a single entry in the EPC database dated December 2020.
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.
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 16, Purchase Avenue, Heanor, we estimate a market value of £221,787 and a rental value of £991 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £196,440 and £877 per month respectively.
Over the last year, 16, Purchase Avenue, Heanor has seen its estimated sale value fall by £6,821 (3.2%) and its estimated rental value move up by £15 per month (1.6%). This results in an estimated gross rental yield of 5.4%.
HM Land Registry records the plot of land for 16, Purchase Avenue, Heanor as measuring 696 m2.
That makes it the largest plot in the postcode, where all 18 other houses have recorded plot data.
16, Purchase Avenue, Heanor has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Dec 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 16, Purchase Avenue, Heanor completed on 20th October 2011 at £115,000 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 143.6% over the period since October 2011.
Over the past 2 years 3 properties similar to 16, Purchase Avenue, Heanor have sold within a radius of 730 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th September 2023, was 120, Milward Road, Heanor, DE75 7FR, a freehold house which sold for £197,500.
Read more about house prices in DE75.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 18 addresses on Purchase Avenue, Loscoe, Heanor, DE75, 16, Purchase Avenue, Heanor comes out as the 7th largest and the 6th most expensive in our analysis of the public data.
It is also £6k less expensive than the average property across the DE75 district.
From 16, Purchase Avenue, Heanor, the nearest station is Langley Mill, 2.5 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Purchase Avenue, Heanor, 58.7% of property is privately owned outright and 32.9% 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 16, Purchase Avenue, Heanor, 13.0% of residents are recorded as possessing school level qualifications and 25.6% 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 16, Purchase Avenue, Heanor, the average age was 41.4 and the most common age was 52.
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 16, Purchase Avenue, Heanor, 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 16, Purchase Avenue, Heanor, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
