2, Loake Court
2, Loake Court
Description & Estimates
Public records show 2, Loake Court, Derby to be a modern freehold house with 1,345 ft2 of internal area, sitting on a 398 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
2, Loake Court, Derby has an estimated sale value of £407,036 and an estimated rental value of £1,398 per month, assuming reasonable condition and based on the information available.
Loake Court, Melbourne, Derby, DE73 lies in the borough of South Derbyshire, within the DE73 postal district.
Our Data Sources
2, Loake Court, Derby has a single entry in the Land Registry from December 2014 and a single entry in the EPC database dated May 2012.
We combine this information with that 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.
Price Range & Condition
In very good condition, we estimate 2, Loake Court, Derby would be worth £427,388, with a potential rental value of £1,468 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £378,544, with a rental value of £1,300 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Loake Court, Derby has moved down by £6,002 (1.5%) over the last year. During the same period, its estimated monthly rental value has increased by £21 (1.5%). The property's estimated gross yield is currently 4.1%.
Plot Size
2, Loake Court, Derby occupies a 398 m2 plot as recorded by HM Land Registry.
All 4 other houses in this postcode have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
2, Loake Court, Derby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 May 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Loake Court, Derby last changed hands on 17th December 2014, selling for £310,000. 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 18.8% since December 2014.
- Sold Dec 2014£310,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 880 metres of 2, Loake Court, Derby across the last 2 years.
Most recently, 3, Loake Court, Derby, DE73 8HB, a freehold house, sold at £395,000 on the 23rd August 2023.
Read more about house prices in DE73.
- Sold Aug 2023£395,000 | 4 Bed House3, Loake Court, Derby, DE73 8HB3, Loake Court, Derby, DE73 8HB
- Sold Jun 2022£437,000 | 4 Bed House67, Spinney Hill, Derby, DE73 8LX67, Spinney Hill, Derby, DE73 8LX
- Sold Jan 2022£450,000 | 4 Bed House57, Spinney Hill, Derby, DE73 8LX57, Spinney Hill, Derby, DE73 8LX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 2, Loake Court, Derby as the 3rd largest and the 3rd most expensive of the 4 addresses on Loake Court, Melbourne, Derby, DE73.
Against the DE73 postcode district average, it is £89k more expensive than the typical property.
More reading links
Schools Nearby
- 700mMelbourne Junior School
- 800mMelbourne Infant School
- 3.5kmWeston-on-Trent CofE (VA) Primary School
- 4.5kmChellaston Academy
- 6.3kmNoel-Baker Academy
- 6.6kmCity of Derby Academy
More reading links
Public Transport Nearby
Peartree station is the nearest stop to 2, Loake Court, Derby at 8.4 kilometres away.
- 8.4kmPeartree
- 9.1kmWillington
- 9.7kmSpondon
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
