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According to the public record, 73, Addison Road, Derby is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 563 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 73, Addison Road, Derby is £80,454 and the estimated rental value is £507 per month.
Addison Road, Derby, DE24 is located within the DE24 postal district.
73, Addison Road, Derby has a single entry in the Land Registry from August 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 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 73, Addison Road, Derby is in very good condition we estimate a sale value of £84,476 and a rental value of £533 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £74,822 and a rental value of £472 per month.
Over the last 12 months the sale value of 73 Addison Road Derby has decreased by an estimated £627 (0.8%) and its rental value has increased by an estimated £16 per month (3.2%), giving an expected gross yield of 7.6%.
According to HM Land Registry, 73, Addison Road, Derby was last sold on 4th August 2014 for £60,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2014, the market for similar properties has risen 63.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 73, Addison Road, Derby within a radius of 520 metres over the last 2 years.
The most recent example is 71, Addison Road, Derby, DE24 8FH, a leasehold flat which sold for £85,000 on the 24th May 2023.
Read more about house prices in DE24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Addison Road, Derby, DE24 has a total of 143 addresses. According to our analysis of all the public data, 73, Addison Road, Derby is the 124th largest and the 126th most expensive property on the street.
When compared to the postcode district it is £137k less expensive than the average property in DE24.
The closest station to 73, Addison Road, Derby is Peartree station which is 800 metres 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 73, Addison Road, Derby, 57.3% of property is socially rented and 16.0% is privately owned with a mortgage.
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 73, Addison Road, Derby, 29.4% of residents are recorded as possessing school level qualifications and 18.2% 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 73, Addison Road, Derby, the average age was 33.6 and the most common age was 12.
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 73, Addison Road, Derby, 0.0% 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 73, Addison Road, Derby, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.