4, Grove Bank
4, Grove Bank
Description & Estimates
Public records show 4, Grove Bank, Derby to be a period freehold house with 1,485 ft2 of internal area, sitting on a 238 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
4, Grove Bank, Derby has an estimated sale value of £254,318 and an estimated rental value of £1,068 per month, assuming reasonable condition and based on the information available.
Grove Bank, Derby, DE1 lies within the DE1 postal district.
Our Data Sources
4, Grove Bank, Derby has 31 entries in the Land Registry , most recently in October 2015 and a single entry in the EPC database dated May 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
In very good condition, we estimate 4, Grove Bank, Derby would be worth £267,034, with a potential rental value of £1,121 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £236,515, with a rental value of £993 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 4, Grove Bank, Derby has declined by £1,972 (0.8%) over the last year. During the same period, its estimated monthly rental value has climbed by £16 (1.5%). The property's estimated gross yield is currently 5.0%.
Plot Size
4, Grove Bank, Derby occupies a 238 m2 plot as recorded by HM Land Registry.
Of the 4 other houses in this postcode, 3 have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
4, Grove Bank, Derby has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 May 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
4, Grove Bank, Derby last changed hands on 9th October 2015, selling for £220,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 3.2% since October 2015.
- Sold Oct 2015£220,000
- Sold Apr 2009£190,000
- Sold Jul 2006£140,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 380 metres of 4, Grove Bank, Derby across the last 2 years.
Most recently, 3, North Street, Derby, DE1 3AZ, a freehold house, sold at £212,000 on the 3rd April 2023.
Read more about house prices in DE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 4, Grove Bank, Derby as the 2nd largest and the 2nd most expensive of the 4 addresses on Grove Bank, Derby, DE1.
Against the DE1 postcode district average, it is £99k more expensive than the typical property.
More reading links
Schools Nearby
- 800mMarkeaton Primary School
- 900mAshgate Primary School
- 1.1kmSt Mary's Catholic Voluntary Academy
- 700mLandau Forte College
- 1.1kmDerby Cathedral School
- 1.5kmSaint Benedict, A Catholic Voluntary Academy
More reading links
Public Transport Nearby
Derby station is the nearest stop to 4, Grove Bank, Derby at 2.0 kilometres away.
- 2.0kmDerby
- 3.6kmPeartree
- 5.2kmSpondon
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
