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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 48, Lace Makers Close, Derby is a modern leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 48, Lace Makers Close, Derby is £122,159 and the estimated rental value is £685 per month.
Lace Makers Close, Borrowash, Derby, DE72 is located in the borough of Erewash within the DE72 postal district.
48, Lace Makers Close, Derby has a single entry in the Land Registry from November 2008 and a single entry in the EPC database dated April 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 48, Lace Makers Close, Derby is in very good condition we estimate a sale value of £128,267 and a rental value of £719 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £113,608 and a rental value of £637 per month.
Over the last 12 months the sale value of 48 Lace Makers Close Derby has decreased by an estimated £951 (0.8%) and its rental value has increased by an estimated £22 per month (3.2%), giving an expected gross yield of 6.7%.
48, Lace Makers Close, Derby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Apr 2021.
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, 48, Lace Makers Close, Derby was last sold on 7th November 2008 for £65,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2008, the market for similar properties has risen 51.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Lace Makers Close, Derby within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 50, Lace Makers Close, Derby, DE72 3WR, a leasehold flat which sold for £97,000 on the 31st January 2020.
Read more about house prices in DE72.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lace Makers Close, Borrowash, Derby, DE72 has a total of 66 addresses. According to our analysis of all the public data, 48, Lace Makers Close, Derby is the 39th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £96k less expensive than the average property in DE72.
The closest station to 48, Lace Makers Close, Derby is Spondon station which is 3.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 48, Lace Makers Close, Derby, 42.2% of property is privately owned outright and 34.1% 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 48, Lace Makers Close, Derby, 17.5% of residents are recorded as possessing school level qualifications and 41.1% 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 48, Lace Makers Close, Derby, the average age was 45 and the most common age was 57.
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 48, Lace Makers Close, Derby, 1.3% 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 48, Lace Makers Close, Derby, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
