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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, New Chestnut Place, Derby is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,050 ft2 of internal area and sits on a 188 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, New Chestnut Place, Derby is £259,676 and the estimated rental value is £1,233 per month.
New Chestnut Place, Derby, DE23 is located within the DE23 postal district.
2, New Chestnut Place, Derby has a single entry in the Land Registry from August 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, New Chestnut Place, Derby is in very good condition we estimate a sale value of £272,659 and a rental value of £1,295 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £241,498 and a rental value of £1,147 per month.
Over the last 12 months the sale value of 2 New Chestnut Place Derby has increased by an estimated £526 (0.2%) and its rental value has increased by an estimated £34 per month (2.8%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 2, New Chestnut Place, Derby sits on a plot of 188m2.
We have plot size data on 13 out of 13 other houses in the postcode and 2, New Chestnut Place, Derby sits on the 11th largest plot.
According to HM Land Registry, 2, New Chestnut Place, Derby was last sold on 31st August 2007 for £183,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2007, the market for similar properties has risen 51.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, New Chestnut Place, Derby within a radius of 560 metres over the last 2 years.
The most recent example is 4, New Chestnut Place, Derby, DE23 1JT, a freehold house which sold for £250,000 on the 2nd December 2022.
Read more about house prices in DE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Chestnut Place, Derby, DE23 has a total of 13 addresses. According to our analysis of all the public data, 2, New Chestnut Place, Derby is the 9th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £38k more expensive than the average property in DE23.
The closest station to 2, New Chestnut Place, Derby is Peartree station which is 1.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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, New Chestnut Place, Derby, 39.7% of property is privately owned with a mortgage and 36.9% is privately owned outright.
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, New Chestnut Place, Derby, 26.9% of residents are recorded as possessing school level qualifications and 25.8% 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, New Chestnut Place, Derby, the average age was 34.3 and the most common age was 12.
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, New Chestnut Place, Derby, 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, New Chestnut Place, Derby, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
