8, Nottingham Road
8, Nottingham Road
Description & Estimates
The public record lists 8, Nottingham Road, Derby as a freehold house sitting on a 406 m2 plot.
Comparison with its neighbours suggests a period house with 1,602 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
8, Nottingham Road, Derby has an estimated sale value of £502,675 and an estimated rental value of £1,681 per month, assuming reasonable condition and based on the information available.
Nottingham Road, Kegworth, Derby, DE74 lies in the borough of North West Leicestershire, within the DE74 postal district.
Our Data Sources
8, Nottingham Road, Derby has a single entry in the Land Registry from May 2022 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 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 8, Nottingham Road, Derby would be worth £527,808, with a potential rental value of £1,765 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £467,487, with a rental value of £1,563 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 8, Nottingham Road, Derby has dropped by £7,412 (1.5%) over the last year. During the same period, its estimated monthly rental value has risen by £26 (1.5%). The property's estimated gross yield is currently 4.0%.
Plot Size
8, Nottingham Road, Derby occupies a 406 m2 plot as recorded by HM Land Registry.
Of the 11 other houses in this postcode, 7 have recorded plot sizes, and this one ranks as the 3rd largest.
Sold Prices
8, Nottingham Road, Derby last changed hands on 12th May 2022, selling for £425,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 8.6% since May 2022.
- Sold May 2022£425,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.0 kilometres of 8, Nottingham Road, Derby across the last 2 years.
Most recently, 58, Ashby Road, Derby, DE74 2DJ, a freehold house, sold at £525,000 on the 13th October 2022.
Read more about house prices in DE74.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 8, Nottingham Road, Derby as the 10th largest and the 2nd most expensive of the 40 addresses on Nottingham Road, Kegworth, Derby, DE74.
Against the DE74 postcode district average, it is £185k more expensive than the typical property.
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Schools Nearby
- 300mKegworth Primary School
- 3.0kmSutton Bonington Primary School
- 3.5kmHemington Primary School
- 4.0kmCastle Donington College
- 6.3kmThe Long Eaton School
- 6.9kmIveshead School
More reading links
Public Transport Nearby
East Midlands Parkway station is the nearest stop to 8, Nottingham Road, Derby at 3.2 kilometres away.
- 3.2kmEast Midlands Parkway
- 5.5kmLong Eaton
- 8.4kmLoughborough
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
