81, Locko Road
81, Locko Road
Description & Estimates
The public record lists 81, Locko Road, Derby as a freehold house sitting on a 356 m2 plot.
Comparison with its neighbours suggests a period house with 1,386 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
81, Locko Road, Derby has an estimated sale value of £353,221 and an estimated rental value of £1,267 per month, assuming reasonable condition and based on the information available.
Locko Road, Spondon, Derby, DE21 lies within the DE21 postal district.
Our Data Sources
81, Locko Road, Derby has a single entry in the Land Registry from February 2018 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 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 81, Locko Road, Derby would be worth £370,882, with a potential rental value of £1,330 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £328,496, with a rental value of £1,178 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 81, Locko Road, Derby has declined by £4,061 (1.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £26 (2.0%). The property's estimated gross yield is currently 4.3%.
Plot Size
81, Locko Road, Derby occupies a 356 m2 plot as recorded by HM Land Registry.
Of the 29 other houses in this postcode, 22 have recorded plot sizes, and this one ranks as the 22nd largest.
Sold Prices
81, Locko Road, Derby last changed hands on 16th February 2018, selling for £370,000. 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 4.9% since February 2018.
- Sold Feb 2018£370,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 710 metres of 81, Locko Road, Derby across the last 2 years.
Most recently, 182, Sancroft Road, Derby, DE21 7LD, a freehold house, sold at £290,000 on the 5th April 2023.
Read more about house prices in DE21.
•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 81, Locko Road, Derby as the 37th largest and the 51st most expensive of the 112 addresses on Locko Road, Spondon, Derby, DE21.
Against the DE21 postcode district average, it is £130k more expensive than the typical property.
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Schools Nearby
- 400mSpringfield Primary School
- 700mSt Werburgh's CofE Primary School
- 800mBorrow Wood Primary School
- 600mWest Park School
- 1.5kmLees Brook Academy
- 3.3kmDa Vinci Academy
More reading links
Public Transport Nearby
Spondon station is the nearest stop to 81, Locko Road, Derby at 1.5 kilometres away.
- 1.5kmSpondon
- 3.9kmDerby
- 5.4kmPeartree
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
