3, Jessie Lane
3, Jessie Lane
Description & Estimates
3, Jessie Lane, Ilkeston appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,927 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of 3, Jessie Lane, Ilkeston is £335,859 and its rental estimate is £1,397 per month, given the available information and assuming reasonable condition.
Jessie Lane, Ilkeston, DE7 falls within the DE7 postal district, in the borough of Erewash.
Our Data Sources
3, Jessie Lane, Ilkeston has a single entry in the Land Registry from March 2020 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 3 out of 5 and is considered of medium 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 3, Jessie Lane, Ilkeston, we estimate a market value of £352,652 and a rental value of £1,467 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £312,349 and £1,299 per month respectively.
Recent Market Change
Over the last year, 3, Jessie Lane, Ilkeston has seen its estimated sale value drop by £10,435 (3.1%) and its estimated rental value rise by £29 per month (2.0%). This results in an estimated gross rental yield of 5.0%.
Sold Prices
The most recent sale of 3, Jessie Lane, Ilkeston completed on 6th March 2020 at £374,000 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 risen by 59.3% over the period since March 2020.
- Sold Mar 2020£374,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Jessie Lane, Ilkeston have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th November 2023, was 83, Heanor Road, Ilkeston, DE7 8DY, a freehold house which sold for £330,000.
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
Of the 3 addresses on Jessie Lane, Ilkeston, DE7, 3, Jessie Lane, Ilkeston comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £123k more expensive than the average property across the DE7 district.
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Schools Nearby
- 200mGranby Junior School
- 400mCharlotte Nursery and Infant School
- 1.2kmChaucer Junior School
- 1.1kmOrmiston Ilkeston Enterprise Academy
- 2.1kmKirk Hallam Community Academy
- 2.2kmSaint John Houghton Catholic Voluntary Academy
More reading links
Public Transport Nearby
From 3, Jessie Lane, Ilkeston, the nearest station is Ilkeston, 1.5 kilometres away.
- 1.5kmIlkeston
- 4.1kmLangley Mill
- 8.3kmBulwell
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
