71 Commerce Street, Melbourne, Derby, DE73 8FT is a freehold terraced property built before 1900. The property offers approximately 495 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £135,526 , which equates to approximately £274 per square foot. It was last sold on 19 Sep 2003 for £62,000. Since then, the value has increased by £73,526, representing a 118.6% increase, or approximately 5.3% per year.

The current estimated value of £135,526 is:

  • 52.3% lower than the average property price on Commerce Street
  • 55.3% lower than the average in the DE73 8FT postcode area
  • and 64.9% 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 15 July 2020, the property was recorded as owner-occupied.

View sold house prices in DE73 8FT

Building approximate location

About Property

Type
Terraced House
Built
before 1900
Interior Size
495 sq ft
Tenure
Freehold
Price (estimate)
£135,526
Price Per sq ft (estimate)
£274
Bedroom Count (estimate)
1 bedroom

EPC Summary

71 Commerce Street, Melbourne, Derby, South Derbyshire, Derbyshire, DE73 8FT has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 15 Jul 2020.

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 single glazed.

The previous EPC assessment was conducted on 8 Jul 2020, when the property was rated G. Since then, the rating has improved to D, with the energy efficiency score increasing by 518.2%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to boiler and radiators, mains gas, improving energy efficiency from very poor to good.
  • The hot water system was changed from electric immersion, standard tariff to from main system, with its energy efficiency improving from very poor to good.
  • The roof construction or insulation changed from pitched, no insulation to pitched, 200 mm loft insulation, improving energy efficiency from very poor to good.
  • The lighting was changed from low energy lighting in 88% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 200 mm loft insulation
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to DE73 8FT

51 st / 51
Price Rank
55% lower than average
37 th / 37
Size Rank
52% smaller than average
33 rd / 37
Price Per Sq FT Rank
7% lower than average

Compared to other properties in DE73 8FT , this house's estimated value ranks 51th out of 51. Based on price per square foot, it ranks 33th 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 37th out of 37 properties in its postcode area.

Sale History

Today
£135,526
streetscan.co.uk estimate
+119 %
19 Sep 2003
£62,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 517 sq ft
sale price: £175,000
sale date: 26 Apr 2024
rooms: 2
size: 560 sq ft
sale price: £178,000
sale date: 31 Mar 2022
rooms: 3
size: 517 sq ft
sale price: £160,000
sale date: 22 Sep 2017

Data Sources

The property at 71 Commerce Street, Melbourne, Derby, South Derbyshire, Derbyshire, DE73 8FT appears once in the Land Registry records, with the transaction recorded on 19 Sep 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Jul 2020. 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.