7, Lancaster Walk
7, Lancaster Walk
Description & Estimates
7, Lancaster Walk, Derby is recorded publicly as a mid-century freehold house across 592 ft2 of internal area, sitting on a 355 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 7, Lancaster Walk, Derby is £214,224 and its rental estimate is £879 per month, given the available information and assuming reasonable condition.
Lancaster Walk, Spondon, Derby, DE21 falls within the DE21 postal district.
Our Data Sources
7, Lancaster Walk, Derby has a single entry in the Land Registry from October 2020 and a single entry in the EPC database dated October 2019.
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 7, Lancaster Walk, Derby, we estimate a market value of £224,935 and a rental value of £923 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £199,228 and £818 per month respectively.
Recent Market Change
Over the last year, 7, Lancaster Walk, Derby has seen its estimated sale value decrease by £1,230 (0.6%) and its estimated rental value grow by £24 per month (2.7%). This results in an estimated gross rental yield of 4.9%.
Plot Size
HM Land Registry records the plot of land for 7, Lancaster Walk, Derby as measuring 355 m2.
That makes it the largest plot in the postcode, where all 16 other houses have recorded plot data.
Energy Efficiency
7, Lancaster Walk, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Oct 2019.
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 7, Lancaster Walk, Derby completed on 23rd October 2020 at £165,000 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 dropped by 0.9% over the period since October 2020.
- Sold Oct 2020£165,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Lancaster Walk, Derby have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th April 2024, was 7, Deincourt Close, Derby, DE21 7LT, a freehold house which sold for £175,000.
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 16 addresses on Lancaster Walk, Spondon, Derby, DE21, 7, Lancaster Walk, Derby comes out as the 13th largest and the 13th most expensive in our analysis of the public data.
It is also £9k less expensive than the average property across the DE21 district.
More reading links
Schools Nearby
- 700mBorrow Wood Primary School
- 1.4kmAsterdale Primary School
- 1.4kmRedhill Primary School
- 1.8kmWest Park School
- 2.6kmLees Brook Academy
- 4.4kmDa Vinci Academy
More reading links
Public Transport Nearby
From 7, Lancaster Walk, Derby, the nearest station is Spondon, 2.2 kilometres away.
- 2.2kmSpondon
- 5.2kmDerby
- 6.5kmPeartree
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.
