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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Hamilton Road, Derby is £53,020 and the estimated rental value is £386 per month.
Hamilton Road, Derby, DE23 is located within the DE23 postal district.
8, Hamilton Road, Derby has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated December 2022.
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.
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 8, Hamilton Road, Derby is in very good condition we estimate a sale value of £55,671 and a rental value of £405 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £49,309 and a rental value of £359 per month.
Over the last 12 months the sale value of 8 Hamilton Road Derby has decreased by an estimated £548 (1.0%) and its rental value has increased by an estimated £11 per month (2.9%), giving an expected gross yield of 8.7%.
8, Hamilton Road, Derby has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 14 Dec 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using No system present: electric heaters assumed.
According to HM Land Registry, 8, Hamilton Road, Derby was last sold on 29th June 2023 for £50,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2023, the market for similar properties has risen 47.5%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 8, Hamilton Road, Derby within a radius of 420 metres over the last 2 years.
The most recent example is 6, Hamilton Road, Derby, DE23 6RT, a leasehold flat which sold for £55,000 on the 3rd April 2023.
Read more about house prices in DE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hamilton Road, Derby, DE23 has a total of 43 addresses. According to our analysis of all the public data, 8, Hamilton Road, Derby is the 43rd largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £164k less expensive than the average property in DE23.
The closest station to 8, Hamilton Road, Derby is Peartree station which is 1.6 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8, Hamilton Road, Derby, 33.3% of property is privately owned with a mortgage and 32.6% is privately rented.
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 8, Hamilton Road, Derby, 36.2% of residents are recorded as possessing school level qualifications and 22.6% 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 8, Hamilton Road, Derby, the average age was 32.6 and the most common age was 27.
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 8, Hamilton 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 8, Hamilton Road, Derby, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.