Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 7, Smith Avenue, Derby is a modern freehold house with 1,442 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Smith Avenue, Derby is £501,409 and the estimated rental value is £1,681 per month.
Smith Avenue, Melbourne, Derby, DE73 is located in the borough of South Derbyshire within the DE73 postal district.
7, Smith Avenue, Derby has a single entry in the Land Registry from August 2023 and a single entry in the EPC database dated August 2023.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 7, Smith Avenue, Derby is in very good condition we estimate a sale value of £526,480 and a rental value of £1,766 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £466,310 and a rental value of £1,564 per month.
Over the last 12 months the sale value of 7 Smith Avenue Derby has decreased by an estimated £8,059 (1.6%) and its rental value has increased by an estimated £36 per month (2.2%), giving an expected gross yield of 4%.
7, Smith Avenue, Derby has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Aug 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, 7, Smith Avenue, Derby was last sold on 25th August 2023 for £500,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2023, the market for similar properties has dropped 17.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Smith Avenue, Derby within a radius of 920 metres over the last 2 years.
The most recent example is 3, Smith Avenue, Derby, DE73 8DB, a freehold house which sold for £505,000 on the 28th June 2024.
Read more about house prices in DE73.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Smith Avenue, Melbourne, Derby, DE73 has a total of 16 addresses. According to our analysis of all the public data, 7, Smith Avenue, Derby is the 8th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £184k more expensive than the average property in DE73.
The closest station to 7, Smith Avenue, Derby is Peartree station which is 8.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Smith Avenue, Derby, 40.9% of property is privately owned with a mortgage and 31.0% is privately owned outright.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 7, Smith Avenue, Derby, 22.6% of residents are recorded as possessing school level qualifications and 28.8% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 7, Smith Avenue, Derby, the average age was 45.6 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 7, Smith Avenue, Derby, 0.6% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 7, Smith Avenue, Derby, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
