50, Spinney Hill
50, Spinney Hill
Description & Estimates
50, Spinney Hill, Derby appears in the public record as a freehold house sitting on a 519 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 1,539 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 50, Spinney Hill, Derby is £505,319 and its rental estimate is £1,690 per month, given the available information and assuming reasonable condition.
Spinney Hill, Melbourne, Derby, DE73 falls within the DE73 postal district, in the borough of South Derbyshire.
Our Data Sources
50, Spinney Hill, Derby has 21 entries in the Land Registry , most recently in August 2007 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 4 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 50, Spinney Hill, Derby, we estimate a market value of £530,585 and a rental value of £1,774 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £469,947 and £1,571 per month respectively.
Recent Market Change
Over the last year, 50, Spinney Hill, Derby has seen its estimated sale value decrease by £7,451 (1.5%) and its estimated rental value grow by £26 per month (1.5%). This results in an estimated gross rental yield of 4.0%.
Plot Size
HM Land Registry records the plot of land for 50, Spinney Hill, Derby as measuring 519 m2.
That makes it the 8th largest plot in the postcode, where all 35 other houses have recorded plot data.
Sold Prices
The most recent sale of 50, Spinney Hill, Derby completed on 31st August 2007 at £370,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 24.8% over the period since August 2007.
- Sold Aug 2007£370,000
- Sold Feb 2004£308,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 50, Spinney Hill, Derby have sold within a radius of 800 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th September 2024, was 52, Spinney Hill, Derby, DE73 8LX, a freehold house which sold for £575,000.
Read more about house prices in DE73.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 78 addresses on Spinney Hill, Melbourne, Derby, DE73, 50, Spinney Hill, Derby comes out as the 27th largest and the 21st most expensive in our analysis of the public data.
It is also £187k more expensive than the average property across the DE73 district.
More reading links
Schools Nearby
- 600mMelbourne Junior School
- 700mMelbourne Infant School
- 3.4kmWeston-on-Trent CofE (VA) Primary School
- 4.5kmChellaston Academy
- 6.3kmNoel-Baker Academy
- 6.7kmCity of Derby Academy
More reading links
Public Transport Nearby
From 50, Spinney Hill, Derby, the nearest station is Peartree, 8.4 kilometres away.
- 8.4kmPeartree
- 9.1kmWillington
- 9.7kmSpondon
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.
