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29, Cavendish Close, Derby is recorded publicly as a mid-century leasehold apartment across 609 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 29, Cavendish Close, Derby is £86,351 and its rental estimate is £532 per month, given the available information and assuming reasonable condition.
Cavendish Close, Castle Donington, Derby, DE74 falls within the DE74 postal district, in the borough of North West Leicestershire.
29, Cavendish Close, Derby has a single entry in the Land Registry from April 2008 and a single entry in the EPC database dated November 2008.
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.
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 29, Cavendish Close, Derby, we estimate a market value of £90,668 and a rental value of £559 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £80,306 and £495 per month respectively.
Over the last year, 29, Cavendish Close, Derby has seen its estimated sale value decrease by £558 (0.6%) and its estimated rental value grow by £12 per month (2.2%). This results in an estimated gross rental yield of 7.4%.
29, Cavendish Close, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Nov 2008.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 29, Cavendish Close, Derby completed on 9th April 2008 at £95,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 19.7% over the period since April 2008.
Over the past 2 years 3 properties similar to 29, Cavendish Close, Derby have sold within a radius of 700 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st December 2022, was 33, Cavendish Close, Derby, DE74 2NE, a leasehold flat which sold for £90,000.
Read more about house prices in DE74.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 24 addresses on Cavendish Close, Castle Donington, Derby, DE74, 29, Cavendish Close, Derby comes out as the 17th largest and the 20th most expensive in our analysis of the public data.
It is also £232k less expensive than the average property across the DE74 district.
From 29, Cavendish Close, Derby, the nearest station is East Midlands Parkway, 6.0 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 29, Cavendish Close, Derby, 44.4% of property is privately owned outright and 23.8% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 29, Cavendish Close, Derby, 10.5% of residents are recorded as possessing school level qualifications and 22.8% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 29, Cavendish Close, Derby, the average age was 43.2 and the most common age was 52.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 29, Cavendish Close, Derby, 3.7% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 29, Cavendish Close, Derby, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.