2, Rainham Gardens
2, Rainham Gardens
Description & Estimates
2, Rainham Gardens, Derby is recorded publicly as a mid-century freehold house across 828 ft2 of internal area, sitting on a 179 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Rainham Gardens, Derby is £180,765 and its rental estimate is £1,018 per month, given the available information and assuming reasonable condition.
Rainham Gardens, Alvaston, Derby, DE24 falls within the DE24 postal district.
Our Data Sources
2, Rainham Gardens, Derby has a single entry in the Land Registry from January 2022 and a single entry in the EPC database dated July 2021.
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.
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, Rainham Gardens, Derby, we estimate a market value of £189,803 and a rental value of £1,069 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £168,111 and £947 per month respectively.
Recent Market Change
Over the last year, 2, Rainham Gardens, Derby has seen its estimated sale value decrease by £257 (0.1%) and its estimated rental value grow by £24 per month (2.3%). This results in an estimated gross rental yield of 6.8%.
Plot Size
HM Land Registry records the plot of land for 2, Rainham Gardens, Derby as measuring 179 m2.
That makes it the 12th largest plot in the postcode, where 12 of the 16 other houses have recorded plot data.
Energy Efficiency
2, Rainham Gardens, Derby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jul 2021.
The property is 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, Rainham Gardens, Derby completed on 6th January 2022 at £161,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 13.2% over the period since January 2022.
- Sold Jan 2022£161,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Rainham Gardens, Derby have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th December 2024, was 10, Tonbridge Drive, Derby, DE24 0DH, a freehold house which sold for £185,000.
Read more about house prices in DE24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 16 addresses on Rainham Gardens, Alvaston, Derby, DE24, 2, Rainham Gardens, Derby comes out as the 15th largest and the 14th most expensive in our analysis of the public data.
It is also £42k less expensive than the average property across the DE24 district.
More reading links
Schools Nearby
- 100mOakwood Junior School
- 200mOakwood Infant and Nursery School
- 600mWyndham Spencer Academy
- 800mNoel-Baker Academy
- 900mAlvaston Moor Academy
- 2.5kmChellaston Academy
More reading links
Public Transport Nearby
From 2, Rainham Gardens, Derby, the nearest station is Spondon, 3.0 kilometres away.
- 3.0kmSpondon
- 3.0kmPeartree
- 3.8kmDerby
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
