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By comparing it to neighbours, we estimate that it is a period house with 849 ft2 of internal area and sits on a 589 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 47, Derby Road, Derby is £285,674 and the estimated rental value is £1,100 per month.
Derby Road, Risley, Derby, DE72 is located in the borough of Erewash within the DE72 postal district.
47, Derby Road, Derby has 31 entries in the Land Registry , most recently in September 2018 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 3 out of 5 and is considered of medium 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 47, Derby Road, Derby is in very good condition we estimate a sale value of £299,958 and a rental value of £1,155 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,677 and a rental value of £1,023 per month.
Over the last 12 months the sale value of 47 Derby Road Derby has decreased by an estimated £4,685 (1.6%) and its rental value has increased by an estimated £26 per month (2.3%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 47, Derby Road, Derby sits on a plot of 589m2.
We have plot size data on 51 out of 59 other houses in the postcode and 47, Derby Road, Derby sits on the 33rd largest plot.
According to HM Land Registry, 47, Derby Road, Derby was last sold on 14th September 2018 for £245,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since September 2018, the market for similar properties has dropped 12.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Derby Road, Derby within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 67, Derby Road, Derby, DE72 3SY, a freehold house which sold for £277,500 on the 3rd January 2024.
Read more about house prices in DE72.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Derby Road, Risley, Derby, DE72 has a total of 152 addresses. According to our analysis of all the public data, 47, Derby Road, Derby is the 132nd largest and the 115th most expensive property on the street.
When compared to the postcode district it is £68k more expensive than the average property in DE72.
The closest station to 47, Derby Road, Derby is Long Eaton station which is 3.9 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 47, Derby Road, Derby, 51.7% of property is privately owned outright and 36.3% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 47, Derby Road, Derby, 21.3% of residents are recorded as possessing school level qualifications and 41.7% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 47, Derby Road, Derby, the average age was 43.2 and the most common age was 52.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 47, Derby Road, Derby, 3.2% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 47, Derby Road, Derby, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.