3, Queen Elizabeth Way
3, Queen Elizabeth Way
Description & Estimates
3, Queen Elizabeth Way, Ilkeston is recorded publicly as a mid-century freehold house across 516 ft2 of internal area, sitting on a 430 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 3, Queen Elizabeth Way, Ilkeston is £133,891 and its rental estimate is £841 per month, given the available information and assuming reasonable condition.
Queen Elizabeth Way, Ilkeston, DE7 falls within the DE7 postal district, in the borough of Erewash.
Our Data Sources
3, Queen Elizabeth Way, Ilkeston has a single entry in the Land Registry from July 2023 and a single entry in the EPC database dated November 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
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, Queen Elizabeth Way, Ilkeston, we estimate a market value of £140,586 and a rental value of £883 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £124,519 and £782 per month respectively.
Recent Market Change
Over the last year, 3, Queen Elizabeth Way, Ilkeston has seen its estimated sale value decrease by £4,480 (3.3%) and its estimated rental value grow by £17 per month (2.1%). This results in an estimated gross rental yield of 7.5%.
Plot Size
HM Land Registry records the plot of land for 3, Queen Elizabeth Way, Ilkeston as measuring 430 m2.
That makes it the 2nd largest plot in the postcode, where 28 of the 38 other houses have recorded plot data.
Energy Efficiency
3, Queen Elizabeth Way, Ilkeston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Nov 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
The most recent sale of 3, Queen Elizabeth Way, Ilkeston completed on 6th July 2023 at £160,000 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 8.4% over the period since July 2023.
- Sold Jul 2023£160,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 3, Queen Elizabeth Way, Ilkeston has sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd February 2023, was 1, Hemlock Lane, Ilkeston, DE7 4NN, a freehold house which sold for £152,000.
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 97 addresses on Queen Elizabeth Way, Ilkeston, DE7, 3, Queen Elizabeth Way, Ilkeston comes out as the 96th largest and the 94th most expensive in our analysis of the public data.
It is also £79k less expensive than the average property across the DE7 district.
More reading links
Schools Nearby
- 300mLadywood Primary School
- 500mDallimore Primary & Nursery School
- 1.2kmSt Thomas Catholic Voluntary Academy
- 700mSaint John Houghton Catholic Voluntary Academy
- 700mKirk Hallam Community Academy
- 1.7kmOrmiston Ilkeston Enterprise Academy
More reading links
Public Transport Nearby
From 3, Queen Elizabeth Way, Ilkeston, the nearest station is Ilkeston, 3.2 kilometres away.
- 3.2kmIlkeston
- 6.7kmLangley Mill
- 7.7kmSpondon
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
