Flat 1, 34
Flat 1, 34
Description & Estimates
The public record describes Flat 1, 34, Bright Street, Ilkeston as a mid-century apartment with 430 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 1, 34, Bright Street, Ilkeston has an estimated sale value of £91,828 and an estimated rental value of £499 per month, assuming reasonable condition and based on the information available.
The apartment sits within 34, Bright Street, Ilkeston, DE7.
Bright Street, Ilkeston, DE7 lies in the borough of Erewash, within the DE7 postal district.
Our Data Sources
Flat 1, 34, Bright Street, Ilkeston has no records in the the Land Registry and a single entry in the EPC database dated May 2021.
We combine this information with public data 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.
Price Range & Condition
In very good condition, we estimate Flat 1, 34, Bright Street, Ilkeston would be worth £96,420, with a potential rental value of £524 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £85,400, with a rental value of £464 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 Flat 1, 34, Bright Street, Ilkeston has declined by £2,335 (2.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £11 (2.3%). The property's estimated gross yield is currently 6.5%.
Energy Efficiency
Flat 1, 34, Bright Street, Ilkeston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 May 2021.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 500 metres of Flat 1, 34, Bright Street, Ilkeston across the last 2 years.
Most recently, 146, Cotmanhay Road, Ilkeston, DE7 8NZ, a leasehold flat, sold at £92,000 on the 4th May 2021.
Read more about house prices in DE7.
•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 Flat 1, 34, Bright Street, Ilkeston as the 60th largest and the 60th most expensive of the 64 addresses on Bright Street, Ilkeston, DE7.
Against the DE7 postcode district average, it is £121k less expensive than the typical property.
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Schools Nearby
- 400mGranby Junior School
- 400mCharlotte Nursery and Infant School
- 700mCotmanhay Junior School
- 1.6kmOrmiston Ilkeston Enterprise Academy
- 2.6kmKirk Hallam Community Academy
- 2.8kmSaint John Houghton Catholic Voluntary Academy
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Public Transport Nearby
Ilkeston station is the nearest stop to Flat 1, 34, Bright Street, Ilkeston at 1.3 kilometres away.
- 1.3kmIlkeston
- 3.8kmLangley Mill
- 7.8kmBulwell
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.
