2, Wifel Green
2, Wifel Green
Description & Estimates
2, Wifel Green, Derby appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a modern house with 1,637 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 2, Wifel Green, Derby is £657,876 and its rental estimate is £2,200 per month, given the available information and assuming reasonable condition.
Wifel Green, Wilson, Melbourne, Derby, DE73 falls within the DE73 postal district, in the borough of North West Leicestershire.
Our Data Sources
2, Wifel Green, Derby has a single entry in the Land Registry from March 2021 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.
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, Wifel Green, Derby, we estimate a market value of £690,770 and a rental value of £2,310 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £611,825 and £2,046 per month respectively.
Recent Market Change
Over the last year, 2, Wifel Green, Derby has seen its estimated sale value decline by £9,700 (1.5%) and its estimated rental value climb by £34 per month (1.5%). This results in an estimated gross rental yield of 4.0%.
Sold Prices
The most recent sale of 2, Wifel Green, Derby completed on 5th March 2021 at £400,000 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 dropped by 7.9% over the period since March 2021.
- Sold Mar 2021£400,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Wifel Green, Derby have sold within a radius of 2.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th June 2021, was 1, Wifel Green, Derby, DE73 8LL, a freehold house which sold for £350,000.
Read more about house prices in DE73.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 5 addresses on Wifel Green, Wilson, Melbourne, Derby, DE73, 2, Wifel Green, Derby comes out as the largest and the most expensive in our analysis of the public data.
It is also £340k more expensive than the average property across the DE73 district.
More reading links
Schools Nearby
- 1.5kmSt Hardulph's Church of England Primary School
- 1.9kmMelbourne Junior School
- 1.9kmMelbourne Infant School
- 5.3kmCastle Donington College
- 6.0kmChellaston Academy
- 7.8kmNoel-Baker Academy
More reading links
Public Transport Nearby
From 2, Wifel Green, Derby, the nearest station is Peartree, 10.2 kilometres away.
- 10.2kmPeartree
- 10.7kmSpondon
- 10.8kmEast Midlands Parkway
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
