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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
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According to the public record, 394, Derby Road, Nottingham is a period freehold house with 2,228 ft2 of internal area and sits on a 462 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 394, Derby Road, Nottingham is £553,258 and the estimated rental value is £1,249 per month.
Derby Road, Nottingham, NG7 is located within the NG7 postal district.
394, Derby Road, Nottingham has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated September 2024.
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.
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 394, Derby Road, Nottingham is in very good condition we estimate a sale value of £580,920 and a rental value of £1,311 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £514,530 and a rental value of £1,161 per month.
Over the last 12 months the sale value of 394 Derby Road Nottingham has decreased by an estimated £15,284 (2.8%) and its rental value has increased by an estimated £10 per month (0.8%), giving an expected gross yield of 2.7%.
According to data from HM Land Registry, 394, Derby Road, Nottingham sits on a plot of 462m2.
We have plot size data on 3 out of 3 other houses in the postcode and 394, Derby Road, Nottingham sits on the 2nd largest plot.
394, Derby Road, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Sep 2024.
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, 394, Derby Road, Nottingham was last sold on 9th June 2023 for £585,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2023, the market for similar properties has dropped 20.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 394, Derby Road, Nottingham within a radius of 430 metres over the last 2 years.
The most recent example is 115, Lenton Boulevard, Nottingham, NG7 2FQ, a freehold house which sold for £560,000 on the 30th September 2021.
Read more about house prices in NG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Derby Road, Nottingham, NG7 has a total of 467 addresses. According to our analysis of all the public data, 394, Derby Road, Nottingham is the 15th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £357k more expensive than the average property in NG7.
The closest station to 394, Derby Road, Nottingham is Nottingham station which is 2.1 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 394, Derby Road, Nottingham, 80.4% of property is privately rented and 9.3% 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 394, Derby Road, Nottingham, 75.3% of residents are recorded as possessing school level qualifications and 22.7% 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 394, Derby Road, Nottingham, the average age was 27.6 and the most common age was 22.
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 394, Derby Road, Nottingham, 0.0% 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 394, Derby Road, Nottingham, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
