21, Richmond Lane
21, Richmond Lane
Description & Estimates
21, Richmond Lane, Derby is described in the public record as a modern house with 678 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 21, Richmond Lane, Derby is £236,508 and its rental estimate is £1,153 per month, given the available information and assuming reasonable condition.
Richmond Lane, Chellaston, Derby, DE73 falls within the DE73 postal district, in the borough of South Derbyshire.
Our Data Sources
21, Richmond Lane, Derby has no records in the the Land Registry and a single entry in the EPC database dated April 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 21, Richmond Lane, Derby, we estimate a market value of £248,333 and a rental value of £1,210 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £219,952 and £1,072 per month respectively.
Recent Market Change
Over the last year, 21, Richmond Lane, Derby has seen its estimated sale value move down by £2,162 (0.9%) and its estimated rental value increase by £23 per month (2.0%). This results in an estimated gross rental yield of 5.8%.
Energy Efficiency
21, Richmond Lane, Derby has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Apr 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 21, Richmond Lane, Derby have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st May 2019, was 1, Richmond Lane, Derby, DE73 6AE, a freehold house which sold for £484,827.
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 23 addresses on Richmond Lane, Chellaston, Derby, DE73, 21, Richmond Lane, Derby comes out as the 13th largest and the 14th most expensive in our analysis of the public data.
It is also £82k less expensive than the average property across the DE73 district.
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Schools Nearby
- 200mChellaston Fields Spencer Academy
- 1.1kmChellaston Infant School
- 1.2kmChellaston Junior School
- 700mChellaston Academy
- 2.5kmNoel-Baker Academy
- 3.2kmAlvaston Moor Academy
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Public Transport Nearby
From 21, Richmond Lane, Derby, the nearest station is Peartree, 4.9 kilometres away.
- 4.9kmPeartree
- 5.8kmSpondon
- 6.5kmDerby
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
