4, Far Wood Close
4, Far Wood Close
Description & Estimates
According to the public record, 4, Far Wood Close, Ilkeston is a modern house with 753 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Far Wood Close, Ilkeston is £198,434 and the estimated rental value is £1,091 per month.
Far Wood Close, Ilkeston, DE7 is located in the borough of Erewash within the DE7 postal district.
Our Data Sources
4, Far Wood Close, Ilkeston has no records in the the Land Registry and a single entry in the EPC database dated August 2021.
We combine this information with public data 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.
Price Range & Condition
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 4, Far Wood Close, Ilkeston is in very good condition we estimate a sale value of £208,356 and a rental value of £1,146 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £184,544 and a rental value of £1,015 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 4, Far Wood Close, Ilkeston has decreased by £6,401 (3.2%), while its estimated rental value has grown by £21 per month (1.9%). Based on current estimates, the property offers a gross rental yield of 6.6%.
Energy Efficiency
4, Far Wood Close, Ilkeston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Aug 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Far Wood Close, Ilkeston within a radius of 530 metres over the last 2 years.
The most recent example is 3, Mount Pleasant, Ilkeston, DE7 8QU, a freehold house which sold for £210,000 on the 11th September 2024.
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
Far Wood Close, Ilkeston, DE7 has a total of 9 addresses. According to our analysis of all the public data, 4, Far Wood Close, Ilkeston is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £14k less expensive than the average property in DE7.
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Schools Nearby
- 100mCotmanhay Junior School
- 100mCotmanhay Infant and Nursery School
- 1.0kmGranby Junior School
- 2.2kmOrmiston Ilkeston Enterprise Academy
- 3.2kmKirk Hallam Community Academy
- 3.2kmHall Park Academy
More reading links
Public Transport Nearby
The closest station to 4, Far Wood Close, Ilkeston is Ilkeston station, which is 1.6 kilometres away.
- 1.6kmIlkeston
- 3.3kmLangley Mill
- 7.6kmBulwell
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
