7, Griffin Close
7, Griffin Close
Description & Estimates
Public records show 7, Griffin Close, Derby to be a mid-century leasehold apartment with 764 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
7, Griffin Close, Derby has an estimated sale value of £72,461 and an estimated rental value of £412 per month, assuming reasonable condition and based on the information available.
Griffin Close, Alvaston, Derby, DE24 lies within the DE24 postal district.
Our Data Sources
7, Griffin Close, Derby has a single entry in the Land Registry from February 2014 and a single entry in the EPC database dated February 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 7, Griffin Close, Derby would be worth £76,084, with a potential rental value of £433 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £67,389, with a rental value of £384 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 7, Griffin Close, Derby has moved down by £378 (0.5%) over the last year. During the same period, its estimated monthly rental value has increased by £9 (2.3%). The property's estimated gross yield is currently 6.8%.
Energy Efficiency
7, Griffin Close, Derby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Feb 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
7, Griffin Close, Derby last changed hands on 28th February 2014, selling for £48,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 109.9% since February 2014.
- Sold Feb 2014£48,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 490 metres of 7, Griffin Close, Derby across the last 2 years.
Most recently, 13, Griffin Close, Derby, DE24 8XG, a leasehold flat, sold at £53,000 on the 1st March 2024.
Read more about house prices in DE24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 7, Griffin Close, Derby as the largest and the most expensive of the 46 addresses on Griffin Close, Alvaston, Derby, DE24.
Against the DE24 postcode district average, it is £150k less expensive than the typical property.
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Schools Nearby
- 500mWyndham Spencer Academy
- 700mLandau Forte Academy Moorhead
- 1.0kmOakwood Infant and Nursery School
- 800mAlvaston Moor Academy
- 1.4kmNoel-Baker Academy
- 2.4kmUTC Derby Pride Park
More reading links
Public Transport Nearby
Peartree station is the nearest stop to 7, Griffin Close, Derby at 2.2 kilometres away.
- 2.2kmPeartree
- 2.6kmSpondon
- 2.7kmDerby
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
