3, Far Wood Close
3, Far Wood Close
Description & Estimates
The public record describes 3, Far Wood Close, Ilkeston as a modern house with 731 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
3, Far Wood Close, Ilkeston has an estimated sale value of £195,720 and an estimated rental value of £1,086 per month, assuming reasonable condition and based on the information available.
Far Wood Close, Ilkeston, DE7 lies in the borough of Erewash, within the DE7 postal district.
Our Data Sources
3, Far Wood Close, Ilkeston has no records in the the Land Registry and a single entry in the EPC database dated August 2021.
We combine this information with public data 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
In very good condition, we estimate 3, Far Wood Close, Ilkeston would be worth £205,506, with a potential rental value of £1,140 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £182,020, with a rental value of £1,010 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Far Wood Close, Ilkeston has moved down by £6,313 (3.2%) over the last year. During the same period, its estimated monthly rental value has increased by £21 (1.9%). The property's estimated gross yield is currently 6.7%.
Energy Efficiency
3, Far Wood Close, Ilkeston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Aug 2021.
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
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 530 metres of 3, Far Wood Close, Ilkeston across the last 2 years.
Most recently, 3, Mount Pleasant, Ilkeston, DE7 8QU, a freehold house, sold at £210,000 on the 11th September 2024.
Read more about house prices in DE7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3, Far Wood Close, Ilkeston as the 9th largest and the 3rd most expensive of the 9 addresses on Far Wood Close, Ilkeston, DE7.
Against the DE7 postcode district average, it is £17k less expensive than the typical property.
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Schools Nearby
- 100mCotmanhay Junior School
- 100mCotmanhay Infant and Nursery School
- 1.0kmGranby Junior School
- 2.2kmOrmiston Ilkeston Enterprise Academy
- 3.2kmKirk Hallam Community Academy
- 3.2kmHall Park Academy
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Public Transport Nearby
Ilkeston station is the nearest stop to 3, Far Wood Close, Ilkeston at 1.6 kilometres away.
- 1.6kmIlkeston
- 3.3kmLangley Mill
- 7.6kmBulwell
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
