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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 73, Broadacre Way, Derby is £123,033 and the estimated rental value is £710 per month.
Broadacre Way, Chellaston, Derby, DE73 is located within the DE73 postal district.
73, Broadacre Way, Derby has a single entry in the Land Registry from November 2024 and a single entry in the EPC database dated October 2024.
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 73, Broadacre Way, Derby is in very good condition we estimate a sale value of £129,185 and a rental value of £745 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £114,421 and a rental value of £660 per month.
Over the last 12 months the sale value of 73 Broadacre Way Derby has decreased by an estimated £1,289 (1.0%) and its rental value has increased by an estimated £13 per month (1.8%), giving an expected gross yield of 6.9%.
73, Broadacre Way, Derby has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Oct 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 73, Broadacre Way, Derby was last sold on 29th November 2024 for £125,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2024, the market for similar properties has dropped 11.7%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 73, Broadacre Way, Derby within a radius of 880 metres over the last 2 years.
The most recent example is 81, Broadacre Way, Derby, DE73 6AR, a leasehold flat which sold for £125,000 on the 28th November 2024.
Read more about house prices in DE73.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Broadacre Way, Chellaston, Derby, DE73 has a total of 67 addresses. According to our analysis of all the public data, 73, Broadacre Way, Derby is the 67th largest and the 67th most expensive property on the street.
When compared to the postcode district it is £195k less expensive than the average property in DE73.
The closest station to 73, Broadacre Way, Derby is Spondon station which is 3.9 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 73, Broadacre Way, Derby, 48.7% of property is privately owned with a mortgage and 42.7% 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 73, Broadacre Way, Derby, 19.4% of residents are recorded as possessing school level qualifications and 40.3% 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, Broadacre Way, Derby, the average age was 39.6 and the most common age was 52.
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, Broadacre Way, Derby, 0.3% 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, Broadacre Way, Derby, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.