Our Data Sources
56, Pares Way, Derby has a single entry in the Land Registry from October 2024 and a single entry in the EPC database dated May 2024.
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
In very good condition, we estimate 56, Pares Way, Derby would be worth £230,454, with a potential rental value of £923 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £204,116, with a rental value of £817 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Energy Efficiency
56, Pares Way, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 May 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators (mains gas).
Sold Prices
56, Pares Way, Derby last changed hands on 3rd October 2024, selling for £197,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 27.7% since October 2024.
- Sold Oct 2024£197,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 16 sales of comparable properties within 1.5 kilometres of 56, Pares Way, Derby since 2010.
Most recently, 7, Deincourt Close, Derby, DE21 7LT, a freehold house, sold at £175,000 on the 30th April 2024.
Read more about house prices in DE72.
- Sold Apr 2024£175,000 | 2 Bed House7, Deincourt Close, Derby, DE21 7LT7, Deincourt Close, Derby, DE21 7LT
- Sold Feb 2024£210,000 | 2 Bed House64, Huntley Avenue, Derby, DE21 7DU64, Huntley Avenue, Derby, DE21 7DU
- Sold Jan 2024£225,000 | 2 Bed House7, Lancaster Walk, Derby, DE21 7LS7, Lancaster Walk, Derby, DE21 7LS
- Sold Nov 2023£185,000 | 2 Bed House6, Deincourt Close, Derby, DE21 7LT6, Deincourt Close, Derby, DE21 7LT
- Sold Aug 2022£217,000 | 2 Bed House5, Lancaster Walk, Derby, DE21 7LS5, Lancaster Walk, Derby, DE21 7LS
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £306,542, ranging from £280,833 to £346,613.
- 54 Pares Way
3 Bed House | 11 m | Est. Value: £305,492
- 48 Pares Way
3 Bed House | 36 m | Est. Value: £280,833
- 57 Pares Way
4 Bed House | 37 m | Est. Value: £342,772
- 62 Pares Way
4 Bed House | 37 m | Est. Value: £312,345
- 55 Pares Way
3 Bed House | 38 m | Est. Value: £298,574
Location Comparison
Our analysis of the public data ranks 56, Pares Way, Derby as the 80th largest and the 77th most expensive of the 87 addresses on Pares Way, Ockbrook, Derby, DE72.
Against the DE72 postcode district average, it is £3k less expensive than the typical property.
More reading links
Schools Nearby
- Redhill Primary School200 m away
- Ashbrook Infant School1.4 km away
- Ashbrook Junior School1.4 km away
- West Park School2.8 km away
- Lees Brook Academy3.7 km away
- Friesland School4.5 km away
More reading links
Public Transport Nearby
- Spondon|2.9 km away
- Derby|6.2 km away
- Long Eaton|6.9 km away
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast Broadband available in this area.
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.
