55, Main Street
55, Main Street
Description & Estimates
According to the public record, 55, Main Street, Derby is a mid-century leasehold apartment with 602 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 55, Main Street, Derby is £110,287 and the estimated rental value is £682 per month.
Main Street, Hemington, Derby, DE74 is located in the borough of North West Leicestershire within the DE74 postal district.
Our Data Sources
55, Main Street, Derby has 2 entries in the Land Registry , most recently in May 2017 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 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 55, Main Street, Derby is in very good condition we estimate a sale value of £115,802 and a rental value of £716 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £102,567 and a rental value of £634 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 55, Main Street, Derby has dropped by £712 (0.6%), while its estimated rental value has risen by £15 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 7.4%.
Energy Efficiency
55, Main Street, Derby has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Apr 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, 55, Main Street, Derby was last sold on 26th May 2017 for £94,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2017, the market for similar properties has risen by 46.4%.
- Sold May 2017£94,000
- Sold Jan 2010£74,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 55, Main Street, Derby within a radius of 1.6 kilometres over the last 2 years.
The most recent example is 71, Main Street, Derby, DE74 2SQ, a leasehold flat which sold for £90,000 on the 20th November 2020.
Read more about house prices in DE74.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Main Street, Hemington, Derby, DE74 has a total of 77 addresses. According to our analysis of all the public data, 55, Main Street, Derby is the 71st largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £208k less expensive than the average property in DE74.
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Schools Nearby
- 100mHemington Primary School
- 1.3kmSt Edward's Church of England Primary School
- 1.4kmOrchard Community Primary School
- 1.3kmCastle Donington College
- 5.4kmThe Long Eaton School
- 6.5kmWilsthorpe School
More reading links
Public Transport Nearby
The closest station to 55, Main Street, Derby is East Midlands Parkway station, which is 4.4 kilometres away.
- 4.4kmEast Midlands Parkway
- 4.7kmLong Eaton
- 8.9kmAttenborough
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be medium.
