71, Main Street
71, Main Street
Description & Estimates
Public records show 71, Main Street, Derby to be a mid-century leasehold apartment with 624 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
71, Main Street, Derby has an estimated sale value of £111,943 and an estimated rental value of £685 per month, assuming reasonable condition and based on the information available.
Main Street, Hemington, Derby, DE74 lies in the borough of North West Leicestershire, within the DE74 postal district.
Our Data Sources
71, Main Street, Derby has a single entry in the Land Registry from November 2020 and a single entry in the EPC database dated July 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 71, Main Street, Derby would be worth £117,540, with a potential rental value of £719 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £104,107, with a rental value of £637 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 71, Main Street, Derby has decreased by £723 (0.6%) over the last year. During the same period, its estimated monthly rental value has grown by £15 (2.2%). The property's estimated gross yield is currently 7.3%.
Energy Efficiency
71, Main Street, Derby has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 Jul 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
71, Main Street, Derby last changed hands on 20th November 2020, selling for £90,000. 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 33.6% since November 2020.
- Sold Nov 2020£90,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.6 kilometres of 71, Main Street, Derby across the last 2 years.
Most recently, Flat 2, Webb House, Station Road, Derby, DE74 2UU, a leasehold flat, sold at £125,000 on the 19th August 2022.
Read more about house prices in DE74.
•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 71, Main Street, Derby as the 62nd largest and the 67th most expensive of the 77 addresses on Main Street, Hemington, Derby, DE74.
Against the DE74 postcode district average, it is £206k less expensive than the typical property.
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Schools Nearby
- 100mHemington Primary School
- 1.3kmSt Edward's Church of England Primary School
- 1.4kmOrchard Community Primary School
- 1.3kmCastle Donington College
- 5.4kmThe Long Eaton School
- 6.5kmWilsthorpe School
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Public Transport Nearby
East Midlands Parkway station is the nearest stop to 71, Main Street, Derby at 4.4 kilometres away.
- 4.4kmEast Midlands Parkway
- 4.7kmLong Eaton
- 8.9kmAttenborough
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a medium risk of flooding.
