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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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According to the public record, 2, Derby Terrace, Nottingham is a modern freehold house with 2,637 ft2 of internal area and sits on a 201 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Derby Terrace, Nottingham is £573,586 and the estimated rental value is £1,393 per month.
Derby Terrace, Nottingham, NG7 is located within the NG7 postal district.
2, Derby Terrace, Nottingham has 31 entries in the Land Registry , most recently in February 2007 and a single entry in the EPC database dated December 2021.
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.
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, Derby Terrace, Nottingham is in very good condition we estimate a sale value of £602,265 and a rental value of £1,463 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £533,435 and a rental value of £1,295 per month.
Over the last 12 months the sale value of 2 Derby Terrace Nottingham has decreased by an estimated £15,845 (2.8%) and its rental value has increased by an estimated £11 per month (0.8%), giving an expected gross yield of 2.9%.
According to data from HM Land Registry, 2, Derby Terrace, Nottingham sits on a plot of 201m2.
2, Derby Terrace, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Dec 2021.
The property is not connected to mains gas and has multiple glazing throughout. It is heated using Boiler and radiators, mains gas, Boiler and radiators, mains gas.
According to HM Land Registry, 2, Derby Terrace, Nottingham was last sold on 13th February 2007 for £395,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since February 2007, the market for similar properties has risen 9.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Derby Terrace, Nottingham within a radius of 320 metres over the last 2 years.
The most recent example is 117, Derby Road, Nottingham, NG7 1LS, a freehold house which sold for £600,000 on the 8th July 2022.
Read more about house prices in NG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Derby Terrace, Nottingham, NG7 has a total of 7 addresses. According to our analysis of all the public data, 2, Derby Terrace, Nottingham is the largest and the most expensive property on the street.
When compared to the postcode district it is £377k more expensive than the average property in NG7.
The closest station to 2, Derby Terrace, Nottingham is Nottingham station which is 1.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Derby Terrace, Nottingham, 71.5% of property is privately rented and 16.6% is socially rented.
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, Derby Terrace, Nottingham, 72.4% of residents are recorded as possessing school level qualifications and 31.2% 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, Derby Terrace, Nottingham, the average age was 29.6 and the most common age was 22.
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, Derby Terrace, Nottingham, 0.3% 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, Derby Terrace, Nottingham, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
