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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 42, Derby Road is £367,652 and the estimated rental value is £2,403 per month.
Derby Road, London, E7 is located in the borough of Newham within the E7 postal district.
42, Derby Road has 21 entries in the Land Registry , most recently in March 2023 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 5 out of 5 and is considered of high accuracy.
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 42, Derby Road is in very good condition we estimate a sale value of £386,034 and a rental value of £2,523 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £341,916 and a rental value of £2,234 per month.
Over the last 12 months the sale value of 42 Derby Road has decreased by an estimated £1,680 (0.5%) and its rental value has increased by an estimated £92 per month (3.8%), giving an expected gross yield of 7.8%.
42, Derby Road has an Energy Performance Rating (EPC) of D. 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.
According to HM Land Registry, 42, Derby Road was last sold on 15th March 2023 for £400,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2023, the market for similar properties has risen 12.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Derby Road within a radius of 340 metres over the last 2 years.
The most recent example is 47, Rutland Road, London, E7 8PQ, a freehold house which sold for £425,000 on the 20th October 2023.
Read more about house prices in E7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Derby Road, London, E7 has a total of 118 addresses. According to our analysis of all the public data, 42, Derby Road is the 82nd largest and the 68th most expensive property on the street.
When compared to the postcode district it is £112k less expensive than the average property in E7.
The nearest school is William Davies Primary School which is 162 metres away. The nearest train station is Upton Park which is 800 metres away.
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