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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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8, Norman Street, Ilkeston is recorded publicly as a mid-century leasehold apartment across 589 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 8, Norman Street, Ilkeston is £77,902 and its rental estimate is £486 per month, given the available information and assuming reasonable condition.
Norman Street, Ilkeston, DE7 falls within the DE7 postal district, in the borough of Erewash.
8, Norman Street, Ilkeston has 2 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated September 2011.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 8, Norman Street, Ilkeston, we estimate a market value of £81,797 and a rental value of £510 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £72,449 and £452 per month respectively.
Over the last year, 8, Norman Street, Ilkeston has seen its estimated sale value drop by £1,981 (2.5%) and its estimated rental value rise by £11 per month (2.3%). This results in an estimated gross rental yield of 7.5%.
8, Norman Street, Ilkeston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Sep 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
The most recent sale of 8, Norman Street, Ilkeston completed on 29th June 2021 at £70,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 30.0% over the period since June 2021.
Over the past 2 years 3 properties similar to 8, Norman Street, Ilkeston have sold within a radius of 470 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th May 2021, was 10, Norman Street, Ilkeston, DE7 8LE, a leasehold flat which sold for £67,000.
Read more about house prices in DE7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 169 addresses on Norman Street, Ilkeston, DE7, 8, Norman Street, Ilkeston comes out as the 132nd largest and the 143rd most expensive in our analysis of the public data.
It is also £135k less expensive than the average property across the DE7 district.
From 8, Norman Street, Ilkeston, the nearest station is Ilkeston, 1.2 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Norman Street, Ilkeston, 33.1% of property is privately owned with a mortgage and 29.6% 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 8, Norman Street, Ilkeston, 11.7% of residents are recorded as possessing school level qualifications and 22.9% 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, Norman Street, Ilkeston, the average age was 41.1 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 8, Norman Street, Ilkeston, 2.5% 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, Norman Street, Ilkeston, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
