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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
According to the public record, 2, Derwent Way, Nottingham is a modern house with 1,442 ft2 of internal area.
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, Derwent Way, Nottingham is £263,942 and the estimated rental value is £1,182 per month.
Derwent Way, Nottingham, NG7 is located within the NG7 postal district.
2, Derwent Way, Nottingham has no records in the the Land Registry and a single entry in the EPC database dated February 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Derwent Way, Nottingham is in very good condition we estimate a sale value of £277,139 and a rental value of £1,242 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £245,466 and a rental value of £1,100 per month.
Over the last 12 months the sale value of 2 Derwent Way Nottingham has decreased by an estimated £7,654 (2.9%) and its rental value has increased by an estimated £8 per month (0.7%), giving an expected gross yield of 5.4%.
2, Derwent Way, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Feb 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Derwent Way, Nottingham within a radius of 420 metres over the last 2 years.
The most recent example is 66, Cycle Road, Nottingham, NG7 2DT, a freehold house which sold for £485,000 on the 30th June 2023.
Read more about house prices in NG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Derwent Way, Nottingham, NG7 has a total of 157 addresses. According to our analysis of all the public data, 2, Derwent Way, Nottingham is the largest and the most expensive property on the street.
When compared to the postcode district it is £67k more expensive than the average property in NG7.
The closest station to 2, Derwent Way, Nottingham is Nottingham station which is 2.5 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, Derwent Way, Nottingham, % 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, Derwent Way, Nottingham, 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, Derwent Way, Nottingham, 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, Derwent Way, Nottingham, 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.
