4, Great Northern Close
4, Great Northern Close
Description & Estimates
4, Great Northern Close, Ilkeston is recorded publicly as a modern leasehold apartment across 710 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 4, Great Northern Close, Ilkeston is £92,190 and its rental estimate is £564 per month, given the available information and assuming reasonable condition.
Great Northern Close, Ilkeston, DE7 falls within the DE7 postal district, in the borough of Erewash.
Our Data Sources
4, Great Northern Close, Ilkeston has 2 entries in the Land Registry , most recently in October 2015 and a single entry in the EPC database dated January 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 4, Great Northern Close, Ilkeston, we estimate a market value of £96,800 and a rental value of £592 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £85,737 and £524 per month respectively.
Recent Market Change
Over the last year, 4, Great Northern Close, Ilkeston has seen its estimated sale value move down by £2,345 (2.5%) and its estimated rental value increase by £13 per month (2.3%). This results in an estimated gross rental yield of 7.3%.
Energy Efficiency
4, Great Northern Close, Ilkeston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Jan 2015.
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 4, Great Northern Close, Ilkeston completed on 26th October 2015 at £67,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 60.5% over the period since October 2015.
- Sold Oct 2015£67,000
- Sold Mar 2015£62,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Great Northern Close, Ilkeston have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th June 2020, was 6, Great Northern Close, Ilkeston, DE7 8FN, a leasehold flat which sold for £80,000.
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 18 addresses on Great Northern Close, Ilkeston, DE7, 4, Great Northern Close, Ilkeston comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £121k less expensive than the average property across the DE7 district.
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Schools Nearby
- 200mCharlotte Nursery and Infant School
- 400mGranby Junior School
- 900mChaucer Junior School
- 1.2kmOrmiston Ilkeston Enterprise Academy
- 2.2kmKirk Hallam Community Academy
- 2.4kmSaint John Houghton Catholic Voluntary Academy
More reading links
Public Transport Nearby
From 4, Great Northern Close, Ilkeston, the nearest station is Ilkeston, 900 metres away.
- 900mIlkeston
- 4.3kmLangley Mill
- 7.8kmBulwell
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.
