2, Park Road
2, Park Road
Description & Estimates
2, Park Road, Derby is recorded publicly as a period freehold house across 2,163 ft2 of internal area, sitting on a 303 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 2, Park Road, Derby is £520,728 and its rental estimate is £1,879 per month, given the available information and assuming reasonable condition.
Park Road, Spondon, Derby, DE21 falls within the DE21 postal district.
Our Data Sources
2, Park Road, Derby has 41 entries in the Land Registry , most recently in November 2014 and a single entry in the EPC database dated August 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Park Road, Derby, we estimate a market value of £546,765 and a rental value of £1,973 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £484,277 and £1,747 per month respectively.
Recent Market Change
Over the last year, 2, Park Road, Derby has seen its estimated sale value drop by £6,387 (1.2%) and its estimated rental value rise by £38 per month (2.0%). This results in an estimated gross rental yield of 4.3%.
Plot Size
HM Land Registry records the plot of land for 2, Park Road, Derby as measuring 303 m2.
That makes it the 8th largest plot in the postcode, where 15 of the 21 other houses have recorded plot data.
Energy Efficiency
2, Park Road, Derby has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Aug 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
The most recent sale of 2, Park Road, Derby completed on 14th November 2014 at £383,150 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 18.7% over the period since November 2014.
- Sold Nov 2014£383,150
- Sold Sep 2003£235,000
- Sold Jan 2000£130,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Park Road, Derby have sold within a radius of 650 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th April 2024, was 12A, Potter Street, Derby, DE21 7LH, a freehold house which sold for £478,000.
Read more about house prices in DE21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 21 addresses on Park Road, Spondon, Derby, DE21, 2, Park Road, Derby comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £298k more expensive than the average property across the DE21 district.
More reading links
Schools Nearby
- 200mSt Werburgh's CofE Primary School
- 300mSpringfield Primary School
- 1.0kmCherry Tree Hill Primary School
- 200mWest Park School
- 1.7kmLees Brook Academy
- 3.3kmUTC Derby Pride Park
More reading links
Public Transport Nearby
From 2, Park Road, Derby, the nearest station is Spondon, 1.0 kilometres away.
- 1.0kmSpondon
- 3.6kmDerby
- 4.9kmPeartree
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
