347, Nottingham Road
347, Nottingham Road
Description & Estimates
347, Nottingham Road, Derby is recorded publicly as a period freehold house across 1,506 ft2 of internal area, sitting on a 613 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 347, Nottingham Road, Derby is £193,167 and its rental estimate is £934 per month, given the available information and assuming reasonable condition.
Nottingham Road, Spondon, Derby, DE21 falls within the DE21 postal district.
Our Data Sources
347, Nottingham Road, Derby has a single entry in the Land Registry from July 2017 and a single entry in the EPC database dated January 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 347, Nottingham Road, Derby, we estimate a market value of £202,825 and a rental value of £980 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £179,645 and £868 per month respectively.
Recent Market Change
Over the last year, 347, Nottingham Road, Derby has seen its estimated sale value fall by £2,221 (1.1%) and its estimated rental value move up by £19 per month (2.0%). This results in an estimated gross rental yield of 5.8%.
Plot Size
HM Land Registry records the plot of land for 347, Nottingham Road, Derby as measuring 613 m2.
That makes it the 2nd largest plot in the postcode, where 28 of the 31 other houses have recorded plot data.
Energy Efficiency
347, Nottingham Road, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jan 2020.
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 347, Nottingham Road, Derby completed on 28th July 2017 at £126,000 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 85.4% over the period since July 2017.
- Sold Jul 2017£126,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 347, Nottingham Road, Derby have sold within a radius of 690 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st May 2022, was 16, Clinton Street, Derby, DE21 6DH, a freehold house which sold for £160,000.
Read more about house prices in DE21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 421 addresses on Nottingham Road, Spondon, Derby, DE21, 347, Nottingham Road, Derby comes out as the 24th largest and the 258th most expensive in our analysis of the public data.
It is also £30k less expensive than the average property across the DE21 district.
More reading links
Schools Nearby
- 600mDerwent Primary School
- 900mSt Alban's Catholic Voluntary Academy
- 1.2kmRoe Farm Primary School
- 1.5kmLandau Forte College
- 1.5kmUTC Derby Pride Park
- 1.7kmDa Vinci Academy
More reading links
Public Transport Nearby
From 347, Nottingham Road, Derby, the nearest station is Derby, 1.4 kilometres away.
- 1.4kmDerby
- 3.1kmSpondon
- 3.4kmPeartree
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
