1 Morley Almshouses Lane

    1, MORLEY ALMSHOUSES LANE, MORLEY, ILKESTON, DE7 6DL

    This detached freehold property on Morley Almshouses Lane last sold in November 2020 for £490,000. Based on price growth in the DE7 district since then, its estimated current value is £572,869 — placing it in the 84th percentile nationally and the 98th percentile within DE7. The property covers 150 m² (1,615 sq ft), giving an estimated value of £3,819 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,615 sq ft

    150 m²

    Last Sale Price

    £490,000

    Nov 2020

    Estimated Valuation

    £572,869

    Est. £/sq ft

    £355/sq ft

    £3,819/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms7
    Main fueloil (not community)
    EPC currentD
    EPC potentialC
    Floor area1,615 sq ft (150 m²)
    EPC dateAug 2019
    WallsCavity wall, filled cavity and external insulation
    HeatingBoiler and radiators, oil

    Transaction History

    2 Nov 2020

    £490,000

    19 Dec 2011

    £235,000

    Key Metrics

    Estimated valuation£572,869
    Value per sq ft / m²£355/sq ft (£3,819/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DE7 district percentile98th percentile
    National percentile84th percentile

    District Context — DE7

    DE7 covers Ilkeston and surrounding areas in Derbyshire, situated between Derby and Nottingham in the East Midlands. It is a diverse, accessible neighbourhood with a mixed residential and commercial character, offering good transport links and established community amenities.

    Average Property Price - DE7

    £220,036

    18

    National percentile

    Average Net Household Income - DE7

    £36,408

    40

    National percentile

    10-Year Annualised Price Growth - DE7

    3.9%

    64

    National percentile

    10-Year Annualised Rent Growth - DE

    4.2%

    63

    National percentile

    View full analysis for DE7

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