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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 87, Nelson Street, Ilkeston is £79,730 and the estimated rental value is £500 per month.
Nelson Street, Ilkeston, DE7 is located in the borough of Erewash within the DE7 postal district.
87, Nelson Street, Ilkeston has a single entry in the Land Registry from January 2023 and a single entry in the EPC database dated April 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 87, Nelson Street, Ilkeston is in very good condition we estimate a sale value of £83,716 and a rental value of £525 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £74,149 and a rental value of £465 per month.
Over the last 12 months the sale value of 87 Nelson Street Ilkeston has decreased by an estimated £2,028 (2.5%) and its rental value has increased by an estimated £11 per month (2.3%), giving an expected gross yield of 7.5%.
87, Nelson Street, Ilkeston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Apr 2022.
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, 87, Nelson Street, Ilkeston was last sold on 6th January 2023 for £80,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2023, the market for similar properties has risen 10.5%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 87, Nelson Street, Ilkeston within a radius of 520 metres over the last 2 years.
The most recent example is 8, Boscawen Court, Ilkeston, DE7 8PN, a leasehold flat which sold for £110,000 on the 10th March 2023.
Read more about house prices in DE7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nelson Street, Ilkeston, DE7 has a total of 167 addresses. According to our analysis of all the public data, 87, Nelson Street, Ilkeston is the 147th largest and the 147th most expensive property on the street.
When compared to the postcode district it is £133k less expensive than the average property in DE7.
The closest station to 87, Nelson Street, Ilkeston is Ilkeston station which is 1.1 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 87, Nelson Street, Ilkeston, 37.9% of property is socially rented and 28.0% 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 87, Nelson Street, Ilkeston, 21.4% of residents are recorded as possessing school level qualifications and 10.5% 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 87, Nelson Street, Ilkeston, the average age was 40.4 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 87, Nelson Street, 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 87, Nelson Street, Ilkeston, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.