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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 3, Lace Makers Close, Derby is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,440 ft2 of internal area and sits on a 310 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Lace Makers Close, Derby is £332,684 and the estimated rental value is £1,270 per month.
Lace Makers Close, Borrowash, Derby, DE72 is located in the borough of Erewash within the DE72 postal district.
3, Lace Makers Close, Derby has a single entry in the Land Registry from December 2007 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.
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 3, Lace Makers Close, Derby is in very good condition we estimate a sale value of £349,318 and a rental value of £1,334 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £309,396 and a rental value of £1,181 per month.
Over the last 12 months the sale value of 3 Lace Makers Close Derby has decreased by an estimated £5,569 (1.7%) and its rental value has increased by an estimated £12 per month (1.0%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 3, Lace Makers Close, Derby sits on a plot of 310m2.
We have plot size data on 17 out of 19 other houses in the postcode and 3, Lace Makers Close, Derby sits on the 4th largest plot.
According to HM Land Registry, 3, Lace Makers Close, Derby was last sold on 19th December 2007 for £274,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2007, the market for similar properties has risen 22.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Lace Makers Close, Derby within a radius of 930 metres over the last 2 years.
The most recent example is 6, Lace Makers Close, Derby, DE72 3WR, a freehold house which sold for £430,000 on the 8th February 2023.
Read more about house prices in DE72.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lace Makers Close, Borrowash, Derby, DE72 has a total of 66 addresses. According to our analysis of all the public data, 3, Lace Makers Close, Derby is the 9th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £110k more expensive than the average property in DE72.
The closest station to 3, Lace Makers Close, Derby is Spondon station which is 3.1 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 3, Lace Makers Close, Derby, 42.2% of property is privately owned outright and 34.1% 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 3, Lace Makers Close, Derby, 17.5% of residents are recorded as possessing school level qualifications and 41.1% 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 3, Lace Makers Close, Derby, the average age was 45 and the most common age was 57.
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 3, Lace Makers Close, Derby, 1.3% 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 3, Lace Makers Close, Derby, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
