48, Lake Avenue
48, Lake Avenue
Description & Estimates
48, Lake Avenue, Heanor is recorded publicly as a mid-century freehold house across 602 ft2 of internal area, sitting on a 257 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 48, Lake Avenue, Heanor is £172,235 and its rental estimate is £811 per month, given the available information and assuming reasonable condition.
Lake Avenue, Loscoe, Heanor, DE75 falls within the DE75 postal district, in the borough of Amber Valley.
Our Data Sources
48, Lake Avenue, Heanor has a single entry in the Land Registry from July 2016 and a single entry in the EPC database dated May 2016.
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.
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 48, Lake Avenue, Heanor, we estimate a market value of £180,847 and a rental value of £851 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £160,178 and £754 per month respectively.
Recent Market Change
Over the last year, 48, Lake Avenue, Heanor has seen its estimated sale value drop by £5,006 (2.9%) and its estimated rental value rise by £15 per month (1.8%). This results in an estimated gross rental yield of 5.6%.
Plot Size
HM Land Registry records the plot of land for 48, Lake Avenue, Heanor as measuring 257 m2.
That makes it the 22nd largest plot in the postcode, where 34 of the 44 other houses have recorded plot data.
Energy Efficiency
48, Lake Avenue, Heanor has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 May 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 48, Lake Avenue, Heanor completed on 29th July 2016 at £127,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 36.8% over the period since July 2016.
- Sold Jul 2016£127,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 48, Lake Avenue, Heanor have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd November 2023, was 23, Lake Avenue, Heanor, DE75 7LJ, a freehold house which sold for £158,500.
Read more about house prices in DE75.
- Sold Nov 2023£158,500 | 2 Bed House23, Lake Avenue, Heanor, DE75 7LJ23, Lake Avenue, Heanor, DE75 7LJ
- Sold Feb 2023£187,500 | 2 Bed House18, Lake Avenue, Heanor, DE75 7LJ18, Lake Avenue, Heanor, DE75 7LJ
- Sold Jun 2020£135,000 | 2 Bed House32, Lake Avenue, Heanor, DE75 7LJ32, Lake Avenue, Heanor, DE75 7LJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 44 addresses on Lake Avenue, Loscoe, Heanor, DE75, 48, Lake Avenue, Heanor comes out as the 37th largest and the 39th most expensive in our analysis of the public data.
It is also £45k less expensive than the average property across the DE75 district.
More reading links
Schools Nearby
- 600mLoscoe CofE Primary School and Nursery
- 1.2kmHowitt Primary Community School
- 1.7kmLangley Mill Academy
- 1.8kmHeanor Gate Spencer Academy
- 1.9kmAldercar High School
- 2.5kmThe Ripley Academy
More reading links
Public Transport Nearby
From 48, Lake Avenue, Heanor, the nearest station is Langley Mill, 2.8 kilometres away.
- 2.8kmLangley Mill
- 7.3kmIlkeston
- 7.6kmBelper
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
