40, East Street
40, East Street
Description & Estimates
40, East Street, Ilkeston appears in the public record as a leasehold apartment.
We estimate it to be a modern apartment with 558 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 40, East Street, Ilkeston is £56,496 and its rental estimate is £354 per month, given the available information and assuming reasonable condition.
East Street, Ilkeston, DE7 falls within the DE7 postal district, in the borough of Erewash.
Our Data Sources
40, East Street, Ilkeston has a single entry in the Land Registry from April 2019 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 40, East Street, Ilkeston, we estimate a market value of £59,321 and a rental value of £371 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £52,541 and £329 per month respectively.
Recent Market Change
Over the last year, 40, East Street, Ilkeston has seen its estimated sale value drop by £1,437 (2.5%) and its estimated rental value rise by £8 per month (2.3%). This results in an estimated gross rental yield of 7.5%.
Sold Prices
The most recent sale of 40, East Street, Ilkeston completed on 10th April 2019 at £65,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 55.7% over the period since April 2019.
- Sold Apr 2019£65,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, East Street, Ilkeston have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th August 2020, was 66, Bath Street, Ilkeston, DE7 8FD, a leasehold flat which sold for £299,000.
Read more about house prices in DE7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 22 addresses on East Street, Ilkeston, DE7, 40, East Street, Ilkeston comes out as the 20th largest and the 20th most expensive in our analysis of the public data.
It is also £156k less expensive than the average property across the DE7 district.
More reading links
Schools Nearby
- 200mChaucer Infant School
- 200mChaucer Junior School
- 800mLarklands Infant School
- 600mOrmiston Ilkeston Enterprise Academy
- 1.4kmKirk Hallam Community Academy
- 1.7kmSaint John Houghton Catholic Voluntary Academy
More reading links
Public Transport Nearby
From 40, East Street, Ilkeston, the nearest station is Ilkeston, 1.1 kilometres away.
- 1.1kmIlkeston
- 5.4kmLangley Mill
- 8.0kmBulwell
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.
