3, Montague Way
3, Montague Way
Description & Estimates
Public records show 3, Montague Way, Derby to be a modern leasehold apartment with 775 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
3, Montague Way, Derby has an estimated sale value of £177,809 and an estimated rental value of £802 per month, assuming reasonable condition and based on the information available.
Montague Way, Chellaston, Derby, DE73 lies within the DE73 postal district.
Our Data Sources
3, Montague Way, Derby has 2 entries in the Land Registry , most recently in June 2019 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 3, Montague Way, Derby would be worth £186,700, with a potential rental value of £842 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £165,363, with a rental value of £745 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, Montague Way, Derby has fallen by £500 (0.3%) over the last year. During the same period, its estimated monthly rental value has moved up by £18 (2.3%). The property's estimated gross yield is currently 5.4%.
Energy Efficiency
3, Montague Way, Derby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Feb 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Montague Way, Derby last changed hands on 5th June 2019, selling for £125,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 15.2% since June 2019.
- Sold Jun 2019£125,000
- Sold Mar 2007£124,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 620 metres of 3, Montague Way, Derby across the last 2 years.
Most recently, 25, Ferncroft Walk, Derby, DE73 6SA, a leasehold flat, sold at £125,000 on the 25th June 2021.
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
Our analysis of the public data ranks 3, Montague Way, Derby as the 47th largest and the 47th most expensive of the 54 addresses on Montague Way, Chellaston, Derby, DE73.
Against the DE73 postcode district average, it is £140k less expensive than the typical property.
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Schools Nearby
- 500mHomefields Primary School
- 700mChellaston Junior School
- 800mShelton Infant School
- 1.0kmChellaston Academy
- 1.2kmNoel-Baker Academy
- 1.7kmAlvaston Moor Academy
More reading links
Public Transport Nearby
Peartree station is the nearest stop to 3, Montague Way, Derby at 3.2 kilometres away.
- 3.2kmPeartree
- 4.9kmDerby
- 4.9kmSpondon
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
