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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 2, Archer Drive, Derby is £410,015 and the estimated rental value is £1,677 per month.
Archer Drive, Mickleover, Derby, DE3 is located in the borough of South Derbyshire within the DE3 postal district.
2, Archer Drive, Derby has a single entry in the Land Registry from February 2022 and a single entry in the EPC database dated November 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 2, Archer Drive, Derby is in very good condition we estimate a sale value of £430,515 and a rental value of £1,760 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £381,314 and a rental value of £1,559 per month.
Over the last 12 months the sale value of 2 Archer Drive Derby has decreased by an estimated £7,501 (1.8%) and its rental value has increased by an estimated £26 per month (1.5%), giving an expected gross yield of 4.9%.
2, Archer Drive, Derby has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Nov 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Archer Drive, Derby was last sold on 17th February 2022 for £439,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2022, the market for similar properties has dropped 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Archer Drive, Derby within a radius of 640 metres over the last 2 years.
The most recent example is 6, Archer Drive, Derby, DE3 0BJ, a freehold house which sold for £416,950 on the 17th June 2022.
Read more about house prices in DE3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Archer Drive, Mickleover, Derby, DE3 has a total of 118 addresses. According to our analysis of all the public data, 2, Archer Drive, Derby is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £103k more expensive than the average property in DE3.
The closest station to 2, Archer Drive, Derby is Peartree station which is 5.7 kilometres away.
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 2, Archer Drive, Derby, % of property is and % is .
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 2, Archer Drive, Derby, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 2, Archer Drive, 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 2, Archer Drive, Derby, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.