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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
178, Derby Road, Ilkeston is recorded publicly as a mid-century freehold house across 1,980 ft2 of internal area, sitting on a 3,844 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 178, Derby Road, Ilkeston is £797,529 and its rental estimate is £2,516 per month, given the available information and assuming reasonable condition.
Derby Road, Stanley, Ilkeston, DE7 falls within the DE7 postal district, in the borough of Erewash.
178, Derby Road, Ilkeston has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated July 2023.
We combine this information with that 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.
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 178, Derby Road, Ilkeston, we estimate a market value of £837,405 and a rental value of £2,642 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £741,702 and £2,340 per month respectively.
Over the last year, 178, Derby Road, Ilkeston has seen its estimated sale value move down by £24,779 (3.1%) and its estimated rental value increase by £51 per month (2.0%). This results in an estimated gross rental yield of 3.8%.
HM Land Registry records the plot of land for 178, Derby Road, Ilkeston as measuring 3,844 m2.
That makes it the 2nd largest plot in the postcode, where all 24 other houses have recorded plot data.
178, Derby Road, Ilkeston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Jul 2023.
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 178, Derby Road, Ilkeston completed on 13th September 2023 at £800,000 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 dropped by 19.7% over the period since September 2023.
Over the past 2 years 1 property similar to 178, Derby Road, Ilkeston has sold within a radius of 810 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th August 2014, was 7, Manor Fields Drive, Ilkeston, DE7 5FA, a freehold house which sold for £375,000.
Read more about house prices in DE7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 124 addresses on Derby Road, Stanley, Ilkeston, DE7, 178, Derby Road, Ilkeston comes out as the 16th largest and the 3rd most expensive in our analysis of the public data.
It is also £585k more expensive than the average property across the DE7 district.
From 178, Derby Road, Ilkeston, the nearest station is Ilkeston, 2.2 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 178, Derby Road, Ilkeston, 52.3% of property is privately owned outright and 42.4% 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 178, Derby Road, Ilkeston, 17.4% of residents are recorded as possessing school level qualifications and 30.1% 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 178, Derby Road, Ilkeston, the average age was 47.5 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 178, Derby Road, Ilkeston, 1.2% 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 178, Derby Road, Ilkeston, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
