Pear Tree Cottage, Derby
Pear Tree Cottage, Derby
Description & Estimates
Pear Tree Cottage, Derby is recorded publicly as a modern freehold house across 1,083 ft2 of internal area, sitting on a 10,250 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Pear Tree Cottage, Derby is £467,619 and its rental estimate is £1,684 per month, given the available information and assuming reasonable condition.
Cockshut Lane, Melbourne, Derby, DE73 falls within the DE73 postal district, in the borough of South Derbyshire.
Our Data Sources
Pear Tree Cottage, Derby has 21 entries in the Land Registry , most recently in May 2012 and a single entry in the EPC database dated April 2011.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Pear Tree Cottage, Derby, we estimate a market value of £491,000 and a rental value of £1,768 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £434,885 and £1,566 per month respectively.
Recent Market Change
Over the last year, Pear Tree Cottage, Derby has seen its estimated sale value decrease by £4,274 (0.9%) and its estimated rental value grow by £33 per month (2.0%). This results in an estimated gross rental yield of 4.3%.
Plot Size
HM Land Registry records the plot of land for Pear Tree Cottage, Derby as measuring 10,250 m2.
That makes it the 6th largest plot in the postcode, where 17 of the 21 other houses have recorded plot data.
Energy Efficiency
Pear Tree Cottage, Derby has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Apr 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Pear Tree Cottage, Derby completed on 31st May 2012 at £572,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 44.2% over the period since May 2012.
- Sold May 2012£572,000
- Sold Apr 1996£200,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Pear Tree Cottage, Derby have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th June 2022, was 67, Spinney Hill, Derby, DE73 8LX, a freehold house which sold for £437,000.
Read more about house prices in DE73.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 28 addresses on Cockshut Lane, Melbourne, Derby, DE73, Pear Tree Cottage, Derby comes out as the 17th largest and the 15th most expensive in our analysis of the public data.
It is also £150k more expensive than the average property across the DE73 district.
More reading links
Schools Nearby
- 1.3kmMelbourne Junior School
- 1.3kmMelbourne Infant School
- 3.8kmSt Hardulph's Church of England Primary School
- 4.7kmChellaston Academy
- 6.5kmCity of Derby Academy
- 6.5kmNoel-Baker Academy
More reading links
Public Transport Nearby
From Pear Tree Cottage, Derby, the nearest station is Peartree, 8.4 kilometres away.
- 8.4kmPeartree
- 8.6kmWillington
- 10.0kmSpondon
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
