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Public records show 2, Caversham Way, Ilkeston to be a mid-century freehold house with 1,291 ft2 of internal area, sitting on a 286 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
2, Caversham Way, Ilkeston has an estimated sale value of £367,053 and an estimated rental value of £1,137 per month, assuming reasonable condition and based on the information available.
Caversham Way, West Hallam, Ilkeston, DE7 lies in the borough of Erewash, within the DE7 postal district.
2, Caversham Way, Ilkeston has a single entry in the Land Registry from May 2017 and a single entry in the EPC database dated August 2015.
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.
In very good condition, we estimate 2, Caversham Way, Ilkeston would be worth £385,406, with a potential rental value of £1,194 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £341,359, with a rental value of £1,057 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 2, Caversham Way, Ilkeston has decreased by £11,176 (3.0%) over the last year. During the same period, its estimated monthly rental value has grown by £26 (2.3%). The property's estimated gross yield is currently 3.7%.
2, Caversham Way, Ilkeston occupies a 286 m2 plot as recorded by HM Land Registry.
All 25 other houses in this postcode have recorded plot sizes, and this one ranks as the 18th largest.
2, Caversham Way, Ilkeston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Aug 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
2, Caversham Way, Ilkeston last changed hands on 19th May 2017, selling for £220,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 14.3% since May 2017.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.0 kilometres of 2, Caversham Way, Ilkeston across the last 2 years.
Most recently, 20, Station Road, Ilkeston, DE7 6GW, a freehold house, sold at £315,000 on the 14th January 2022.
Read more about house prices in DE7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 2, Caversham Way, Ilkeston as the 8th largest and the 8th most expensive of the 25 addresses on Caversham Way, West Hallam, Ilkeston, DE7.
Against the DE7 postcode district average, it is £154k more expensive than the typical property.
Ilkeston station is the nearest stop to 2, Caversham Way, Ilkeston at 4.9 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Caversham Way, Ilkeston, 50.0% of property is privately owned outright and 43.2% 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 2, Caversham Way, Ilkeston, 18.4% of residents are recorded as possessing school level qualifications and 34.5% 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 2, Caversham Way, 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 2, Caversham Way, Ilkeston, 1.8% 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, Caversham Way, Ilkeston, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.