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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 72, Mear Drive, Derby is a modern freehold house with 828 ft2 of internal area and sits on a 249 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 72, Mear Drive, Derby is £281,420 and the estimated rental value is £1,090 per month.
Mear Drive, Borrowash, Derby, DE72 is located in the borough of Erewash within the DE72 postal district.
72, Mear Drive, Derby has 41 entries in the Land Registry , most recently in August 2013 and a single entry in the EPC database dated March 2013.
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.
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 72, Mear Drive, Derby is in very good condition we estimate a sale value of £295,491 and a rental value of £1,145 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £261,720 and a rental value of £1,014 per month.
Over the last 12 months the sale value of 72 Mear Drive Derby has decreased by an estimated £4,615 (1.6%) and its rental value has increased by an estimated £25 per month (2.3%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 72, Mear Drive, Derby sits on a plot of 249m2.
We have plot size data on 75 out of 75 other houses in the postcode and 72, Mear Drive, Derby sits on the 60th largest plot.
72, Mear Drive, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Mar 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 72, Mear Drive, Derby was last sold on 16th August 2013 for £175,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since August 2013, the market for similar properties has risen 20.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 72, Mear Drive, Derby within a radius of 940 metres over the last 2 years.
The most recent example is 62, Mear Drive, Derby, DE72 3QW, a freehold house which sold for £295,000 on the 19th January 2024.
Read more about house prices in DE72.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mear Drive, Borrowash, Derby, DE72 has a total of 75 addresses. According to our analysis of all the public data, 72, Mear Drive, Derby is the 67th largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £64k more expensive than the average property in DE72.
The closest station to 72, Mear Drive, Derby is Spondon station which is 2.4 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 72, Mear Drive, Derby, 49.2% of property is privately owned with a mortgage and 45.1% 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 72, Mear Drive, Derby, 17.1% of residents are recorded as possessing school level qualifications and 49.2% 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 72, Mear Drive, Derby, the average age was 45 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 72, Mear Drive, Derby, 1.0% 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 72, Mear Drive, Derby, there are an average of 1.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
