585, Nottingham Road
585, Nottingham Road
Description & Estimates
585, Nottingham Road, Derby is recorded publicly as a period freehold house across 2,271 ft2 of internal area, sitting on a 539 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 585, Nottingham Road, Derby is £411,278 and its rental estimate is £1,692 per month, given the available information and assuming reasonable condition.
Nottingham Road, Spondon, Derby, DE21 falls within the DE21 postal district.
Our Data Sources
585, Nottingham Road, Derby has 31 entries in the Land Registry , most recently in April 2021 and a single entry in the EPC database dated October 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 585, Nottingham Road, Derby, we estimate a market value of £431,842 and a rental value of £1,777 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £382,488 and £1,574 per month respectively.
Recent Market Change
Over the last year, 585, Nottingham Road, Derby has seen its estimated sale value decline by £5,044 (1.2%) and its estimated rental value climb by £34 per month (2.0%). This results in an estimated gross rental yield of 4.9%.
Plot Size
HM Land Registry records the plot of land for 585, Nottingham Road, Derby as measuring 539 m2.
That makes it the 6th largest plot in the postcode, where all 17 other houses have recorded plot data.
Energy Efficiency
585, Nottingham Road, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Oct 2020.
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 585, Nottingham Road, Derby completed on 29th April 2021 at £415,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 23.1% over the period since April 2021.
- Sold Apr 2021£415,000
- Sold Dec 2000£126,500
- Sold Mar 1998£85,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 585, Nottingham Road, Derby have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd August 2024, was 18, Lyndhurst Grove, Derby, DE21 6RY, a freehold house which sold for £435,000.
Read more about house prices in DE21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 421 addresses on Nottingham Road, Spondon, Derby, DE21, 585, Nottingham Road, Derby comes out as the 3rd largest and the 6th most expensive in our analysis of the public data.
It is also £188k more expensive than the average property across the DE21 district.
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Schools Nearby
- 300mMeadow Farm Community Primary School
- 500mCherry Tree Hill Primary School
- 700mSt Alban's Catholic Voluntary Academy
- 1.3kmWest Park School
- 1.5kmLees Brook Academy
- 2.0kmUTC Derby Pride Park
More reading links
Public Transport Nearby
From 585, Nottingham Road, Derby, the nearest station is Spondon, 1.8 kilometres away.
- 1.8kmSpondon
- 2.2kmDerby
- 3.8kmPeartree
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.
