55 Commerce Street, Melbourne, Derby, DE73 8FT is a freehold terraced property built between 1900-1929. The property offers approximately 1,268 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £364,758 , which equates to approximately £287 per square foot. It was last sold on 3 Oct 2012 for £217,500. Since then, the value has increased by £147,258, representing a 67.7% increase, or approximately 5.1% per year.

The current estimated value of £364,758 is:

  • 28.5% higher than the average property price on Commerce Street
  • 20.2% higher than the average in the DE73 8FT postcode area
  • and 5.5% lower than the average price for Derby as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 6 February 2012, the property was recorded as owner-occupied.

View sold house prices in DE73 8FT

Building approximate location

About Property

Type
Terraced House
Built
1900-1929
Interior Size
1268 sq ft
Tenure
Freehold
Price (estimate)
£364,758
Price Per sq ft (estimate)
£287
Bedroom Count (estimate)
4 bedrooms

EPC Summary

55 Commerce Street, Melbourne, Derby, South Derbyshire, Derbyshire, DE73 8FT has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 6 Feb 2012.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 29 Oct 2008, when the property was rated F. Since then, the rating has improved to C, with the energy efficiency score increasing by 105.6%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water system was changed from from main system, no cylinderstat to from main system, with its energy efficiency improving from poor to good.
  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, 250 mm loft insulation, improving energy efficiency from very poor to good.
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to solid brick, with internal insulation, improving energy efficiency from very poor to good.
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 25% of fixed outlets to low energy lighting in 50% of fixed outlets, with efficiency improving from average to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Solid brick, with internal insulation
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to DE73 8FT

11 th / 51
Price Rank
20% higher than average
5 th / 37
Size Rank
23% bigger than average
26 th / 37
Price Per Sq FT Rank
3% lower than average

Compared to other properties in DE73 8FT , this house's estimated value ranks 11th out of 51. Based on price per square foot, it ranks 26th out of 37 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 5th out of 37 properties in its postcode area.

Sale History

Today
£364,758
streetscan.co.uk estimate
+68 %
3 Oct 2012
£217,500
Leasehold
+24.3 %
2 Sep 2009
£175,000
Leasehold

Area Insights

Nearby Properties

57 Commerce Street, Melbourne, Derby, DE73 8FT
rooms: 4
size: 732 sq ft
sale price: £173,500
sale date: 6 Sep 2019
58 Commerce Street, Melbourne, Derby, DE73 8FT
rooms: 4
size: 872 sq ft
sale price: £240,000
sale date: 26 Oct 2022
51 Commerce Street, Melbourne, Derby, DE73 8FT
rooms: 5
size: 1206 sq ft
sale price: £310,000
sale date: 22 Mar 2024
59 Commerce Street, Melbourne, Derby, DE73 8FT
rooms: 4
size: 678 sq ft
sale price: £215,000
sale date: 27 Sep 2022
50 Commerce Street, Melbourne, Derby, DE73 8FT
rooms: 7
size: 1453 sq ft
sale price: £299,950
sale date: 26 Jun 2013

Data Sources

The property at 55 Commerce Street, Melbourne, Derby, DE73 8FT appears two times in the Land Registry records, with the latest transaction recorded on 3 Oct 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Feb 2012. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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