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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, Grove Bank, Derby is a period house with 1,216 ft2 of internal area and sits on a 232 m2 plot.
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, Grove Bank, Derby is £225,899 and the estimated rental value is £949 per month.
Grove Bank, Derby, DE1 is located within the DE1 postal district.
2, Grove Bank, Derby has no records in the the Land Registry and a single entry in the EPC database dated January 2019.
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, Grove Bank, Derby is in very good condition we estimate a sale value of £237,194 and a rental value of £996 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,086 and a rental value of £882 per month.
Over the past 12 months, the estimated sale value of 2, Grove Bank, Derby has declined by £1,752 (0.8%), while its estimated rental value has climbed by £14 per month (1.5%). Based on current estimates, the property offers a gross rental yield of 5.0%.
According to data from HM Land Registry, 2, Grove Bank, Derby sits on a plot of 232 m2.
We have plot size data on 3 out of 4 other houses in the postcode and 2, Grove Bank, Derby sits on the 2nd largest plot.
2, Grove Bank, Derby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jan 2019.
The property is connected to mains gas and has partial double glazing. 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, Grove Bank, Derby within a radius of 370 metres over the last 2 years.
The most recent example is 11, West Avenue, Derby, DE1 3HS, a freehold house which sold for £238,000 on the 8th August 2024.
Read more about house prices in DE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grove Bank, Derby, DE1 has a total of 4 addresses. According to our analysis of all the public data, 2, Grove Bank, Derby is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £70k more expensive than the average property in DE1.
The closest station to 2, Grove Bank, Derby is Derby station, which is 2.0 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, Grove Bank, Derby, 52.2% of property is privately rented and 25.8% 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, Grove Bank, Derby, 33.5% of residents are recorded as possessing school level qualifications and 40.5% 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, Grove Bank, Derby, the average age was 34.5 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, Grove Bank, Derby, 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, Grove Bank, Derby, there are an average of 0.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
