63, Balmoral Way
63, Balmoral Way
Description & Estimates
63, Balmoral Way, Derby is recorded publicly as a modern freehold house across 1,108 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 63, Balmoral Way, Derby is £284,424 and its rental estimate is £1,238 per month, given the available information and assuming reasonable condition.
Balmoral Way, Hatton, Derby, DE65 falls within the DE65 postal district, in the borough of South Derbyshire.
Our Data Sources
63, Balmoral Way, Derby has a single entry in the Land Registry from May 2022 and a single entry in the EPC database dated February 2022.
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 63, Balmoral Way, Derby, we estimate a market value of £298,645 and a rental value of £1,300 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £264,514 and £1,151 per month respectively.
Recent Market Change
Over the last year, 63, Balmoral Way, Derby has seen its estimated sale value rise by £1,793 (0.6%) and its estimated rental value move up by £33 per month (2.6%). This results in an estimated gross rental yield of 5.2%.
Energy Efficiency
63, Balmoral Way, Derby has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Feb 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 63, Balmoral Way, Derby completed on 10th May 2022 at £273,000 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 5.3% over the period since May 2022.
- Sold May 2022£273,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 63, Balmoral Way, Derby have sold within a radius of 1.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th May 2022, was 65, Balmoral Way, Derby, DE65 5RG, a freehold house which sold for £273,000.
Read more about house prices in DE65.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 55 addresses on Balmoral Way, Hatton, Derby, DE65, 63, Balmoral Way, Derby comes out as the 6th largest and the 4th most expensive in our analysis of the public data.
It is also £23k more expensive than the average property across the DE65 district.
More reading links
Schools Nearby
- 900mHeath Fields Primary School
- 2.0kmRichard Wakefield CofE Primary Academy
- 3.0kmHilton Spencer Academy
- 5.0kmJohn Port Spencer Academy
- 5.5kmThe de Ferrers Academy
- 8.5kmAbbot Beyne School
More reading links
Public Transport Nearby
From 63, Balmoral Way, Derby, the nearest station is Tutbury & Hatton, 1.1 kilometres away.
- 1.1kmTutbury & Hatton
- 7.9kmBurton-on-Trent
- 8.0kmWillington
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
