234, Station Road
234, Station Road
Description & Estimates
According to the public record, 234, Station Road, Derby is a modern freehold house with 3,229 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 234, Station Road, Derby is £914,803 and the estimated rental value is £3,141 per month.
Station Road, Melbourne, Derby, DE73 is located in the borough of South Derbyshire within the DE73 postal district.
Our Data Sources
234, Station Road, Derby has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated September 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 234, Station Road, Derby is in very good condition we estimate a sale value of £960,543 and a rental value of £3,299 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £850,767 and a rental value of £2,922 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 234, Station Road, Derby has decreased by £8,576 (0.9%), while its estimated rental value has grown by £43 per month (1.4%). Based on current estimates, the property offers a gross rental yield of 4.1%.
Energy Efficiency
234, Station Road, Derby has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Sep 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, Underfloor heating and radiators, pipes in screed above insulation, electric.
Sold Prices
According to HM Land Registry, 234, Station Road, Derby was last sold on 20th September 2023 for £988,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2023, the market for similar properties has dropped by 16.2%.
- Sold Sep 2023£988,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 234, Station Road, Derby within a radius of 1.2 kilometres over the last 2 years.
The most recent example is Pennside, Penn Lane, Derby, DE73 8EP, a freehold house which sold for £900,000 on the 2nd November 2018.
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
Station Road, Melbourne, Derby, DE73 has a total of 142 addresses. According to our analysis of all the public data, 234, Station Road, Derby is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £597k more expensive than the average property in DE73.
More reading links
Schools Nearby
- 600mMelbourne Infant School
- 600mMelbourne Junior School
- 2.4kmWeston-on-Trent CofE (VA) Primary School
- 4.4kmChellaston Academy
- 5.6kmCastle Donington College
- 6.2kmNoel-Baker Academy
More reading links
Public Transport Nearby
The closest station to 234, Station Road, Derby is Peartree station, which is 8.5 kilometres away.
- 8.5kmPeartree
- 9.2kmSpondon
- 10.2kmDerby
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
