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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, Freeman Drive, Derby is a modern freehold house with 2,443 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Freeman Drive, Derby is £693,400 and the estimated rental value is £2,388 per month.
Freeman Drive, Melbourne, Derby, DE73 is located in the borough of South Derbyshire within the DE73 postal district.
2, Freeman Drive, Derby has a single entry in the Land Registry from April 2023 and a single entry in the EPC database dated September 2022.
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.
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, Freeman Drive, Derby is in very good condition we estimate a sale value of £728,069 and a rental value of £2,508 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £644,862 and a rental value of £2,221 per month.
Over the last 12 months the sale value of 2 Freeman Drive Derby has decreased by an estimated £10,340 (1.5%) and its rental value has increased by an estimated £49 per month (2.0%), giving an expected gross yield of 4.1%.
2, Freeman Drive, Derby has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Sep 2022.
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, Freeman Drive, Derby was last sold on 21st April 2023 for £699,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2023, the market for similar properties has dropped 17.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Freeman Drive, Derby within a radius of 940 metres over the last 2 years.
The most recent example is 29, Freeman Drive, Derby, DE73 8JA, a freehold house which sold for £795,000 on the 30th June 2023.
Read more about house prices in DE73.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Freeman Drive, Melbourne, Derby, DE73 has a total of 22 addresses. According to our analysis of all the public data, 2, Freeman Drive, Derby is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £376k more expensive than the average property in DE73.
The closest station to 2, Freeman Drive, Derby is Peartree station which is 8.6 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, Freeman Drive, Derby, 53.3% of property is privately owned outright and 30.3% 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, Freeman Drive, Derby, 15.0% of residents are recorded as possessing school level qualifications and 36.0% 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, Freeman Drive, Derby, the average age was 45.6 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, Freeman Drive, Derby, 2.5% 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, Freeman Drive, Derby, there are an average of 2.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
