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According to the public record, 32, Magellan Way, Derby is a modern freehold house with 1,130 ft2 of internal area and sits on a 143 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 32, Magellan Way, Derby is £245,974 and the estimated rental value is £1,126 per month.
Magellan Way, Derby, DE24 is located within the DE24 postal district.
32, Magellan Way, Derby has 2 entries in the Land Registry , most recently in December 2022 and a single entry in the EPC database dated June 2022.
We combine this information with that 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.
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 32, Magellan Way, Derby is in very good condition we estimate a sale value of £258,273 and a rental value of £1,183 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £228,756 and a rental value of £1,048 per month.
Over the last 12 months the sale value of 32 Magellan Way Derby has decreased by an estimated £7,001 (2.8%) and its rental value has increased by an estimated £13 per month (1.1%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 32, Magellan Way, Derby sits on a plot of 143m2.
We have plot size data on 27 out of 44 other houses in the postcode and 32, Magellan Way, Derby sits on the 20th largest plot.
32, Magellan Way, Derby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jun 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 32, Magellan Way, Derby was last sold on 1st December 2022 for £230,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2022, the market for similar properties has risen 8.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Magellan Way, Derby within a radius of 770 metres over the last 2 years.
The most recent example is 72, Atlantic Way, Derby, DE24 1AB, a freehold house which sold for £250,000 on the 6th December 2024.
Read more about house prices in DE24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Magellan Way, Derby, DE24 has a total of 88 addresses. According to our analysis of all the public data, 32, Magellan Way, Derby is the 21st largest and the 28th most expensive property on the street.
When compared to the postcode district it is £28k more expensive than the average property in DE24.
The closest station to 32, Magellan Way, Derby is Derby station which is 1.6 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 32, Magellan Way, Derby, 59.5% of property is privately rented and 25.2% 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 32, Magellan Way, Derby, 21.6% of residents are recorded as possessing school level qualifications and 40.7% 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 32, Magellan Way, Derby, the average age was 39.9 and the most common age was 32.
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 32, Magellan Way, Derby, 0.8% 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 32, Magellan Way, Derby, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.