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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Palmerston Road, Ilkeston is £259,804 and the estimated rental value is £1,153 per month.
Palmerston Road, Ilkeston, DE7 is located in the borough of Erewash within the DE7 postal district.
8, Palmerston Road, Ilkeston has 2 entries in the Land Registry , most recently in February 2021 and a single entry in the EPC database dated June 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, Palmerston Road, Ilkeston is in very good condition we estimate a sale value of £272,794 and a rental value of £1,211 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £241,617 and a rental value of £1,072 per month.
Over the last 12 months the sale value of 8 Palmerston Road Ilkeston has decreased by an estimated £7,910 (3.0%) and its rental value has increased by an estimated £26 per month (2.3%), giving an expected gross yield of 5.3%.
8, Palmerston Road, Ilkeston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Jun 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Palmerston Road, Ilkeston was last sold on 26th February 2021 for £240,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since February 2021, the market for similar properties has risen 25.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Palmerston Road, Ilkeston within a radius of 510 metres over the last 2 years.
The most recent example is 10, Palmerston Road, Ilkeston, DE7 5BW, a freehold house which sold for £260,000 on the 29th May 2024.
Read more about house prices in DE7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palmerston Road, Ilkeston, DE7 has a total of 61 addresses. According to our analysis of all the public data, 8, Palmerston Road, Ilkeston is the largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £47k more expensive than the average property in DE7.
The closest station to 8, Palmerston Road, Ilkeston is Ilkeston station which is 1.3 kilometres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8, Palmerston Road, Ilkeston, 47.0% of property is privately rented and 31.0% 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 8, Palmerston Road, Ilkeston, 14.2% of residents are recorded as possessing school level qualifications and 20.2% 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 8, Palmerston Road, Ilkeston, the average age was 40.6 and the most common age was 32.
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, Palmerston Road, Ilkeston, 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, Palmerston Road, Ilkeston, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.