40, Russell Street
40, Russell Street
Description & Estimates
Public records show 40, Russell Street, Derby to be a modern freehold house with 635 ft2 of internal area, sitting on a 42.7 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
40, Russell Street, Derby has an estimated sale value of £76,673 and an estimated rental value of £453 per month, assuming reasonable condition and based on the information available.
Russell Street, Derby, DE24 lies within the DE24 postal district.
Our Data Sources
40, Russell Street, Derby has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated February 2019.
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 40, Russell Street, Derby would be worth £80,507, with a potential rental value of £475 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £71,306, with a rental value of £421 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 40, Russell Street, Derby has decreased by £109 (0.1%) over the last year. During the same period, its estimated monthly rental value has grown by £10 (2.3%). The property's estimated gross yield is currently 7.1%.
Plot Size
40, Russell Street, Derby occupies a 43 m2 plot as recorded by HM Land Registry.
Energy Efficiency
40, Russell Street, Derby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Feb 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
40, Russell Street, Derby last changed hands on 14th December 2022, selling for £70,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 20.6% since December 2022.
- Sold Dec 2022£70,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 560 metres of 40, Russell Street, Derby across the last 2 years.
Most recently, 42, Russell Street, Derby, DE24 8AL, a freehold house, sold at £70,000 on the 17th January 2023.
Read more about house prices in DE24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 40, Russell Street, Derby as the 2nd largest and the 3rd most expensive of the 24 addresses on Russell Street, Derby, DE24.
Against the DE24 postcode district average, it is £146k less expensive than the typical property.
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Schools Nearby
- 700mPear Tree Infant School
- 700mPear Tree Community Junior School
- 700mAshwood Spencer Academy
- 1.2kmUTC Derby Pride Park
- 2.1kmAlvaston Moor Academy
- 2.7kmLandau Forte College
More reading links
Public Transport Nearby
Peartree station is the nearest stop to 40, Russell Street, Derby at 800 metres away.
- 800mPeartree
- 1.4kmDerby
- 3.7kmSpondon
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
