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According to the public record, Flat 1, 231, Cotmanhay Road, Ilkeston is a period Leasehold apartment with 882 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 231, Cotmanhay Road, Ilkeston is £85,199 and the estimated rental value is £539 per month.
The apartment is within 231, Cotmanhay Road, Ilkeston, DE7.
Cotmanhay Road, Ilkeston, DE7 is located in the borough of Erewash within the DE7 postal district.
Flat 1, 231, Cotmanhay Road, Ilkeston has 21 entries in the Land Registry , most recently in August 2011 and a single entry in the EPC database dated October 2021.
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 Flat 1, 231, Cotmanhay Road, Ilkeston is in very good condition we estimate a sale value of £89,459 and a rental value of £566 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £79,235 and a rental value of £501 per month.
Over the last 12 months the sale value of Flat 1 231 Cotmanhay Road Ilkeston has decreased by an estimated £1,662 (2.0%) and its rental value has increased by an estimated £17 per month (3.2%), giving an expected gross yield of 7.6%.
Flat 1, 231, Cotmanhay Road, Ilkeston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Oct 2021.
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, Flat 1, 231, Cotmanhay Road, Ilkeston was last sold on 19th August 2011 for £42,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since August 2011, the market for similar properties has risen 75.8%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 510 metres radius of Flat 1, 231, Cotmanhay Road, Ilkeston over the last 2 years.
The most recent example is 232, Cotmanhay Road, Ilkeston, DE7 8PE, a freehold house which sold for £92,500 on the 23rd November 2023.
Read more about house prices in DE7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cotmanhay Road, Ilkeston, DE7 has a total of 262 addresses. According to our analysis of all the public data, Flat 1, 231, Cotmanhay Road, Ilkeston is the 80th largest and the 207th most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in DE7.
The closest station to Flat 1, 231, Cotmanhay Road, Ilkeston is Ilkeston station which is 1.3 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 231, Cotmanhay Road, Ilkeston, 36.5% of property is privately owned outright and 29.9% 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 Flat 1, 231, Cotmanhay Road, Ilkeston, 20.2% of residents are recorded as possessing school level qualifications and 19.8% 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 Flat 1, 231, Cotmanhay Road, 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 Flat 1, 231, Cotmanhay Road, Ilkeston, 0.7% 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 Flat 1, 231, Cotmanhay Road, Ilkeston, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.