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2 Mear Drive, Borrowash, Derby, Erewash, Derbyshire, DE72 3QW

How much is 2 Mear Drive, Borrowash, Derby, Erewash, Derbyshire, DE72 3QW worth?

Estimated value — November 2026

£514,000

Likely range £402,000 – £606,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale June 1998

60%

confidence

Medium

Typically within 10% of the sale price

Property details

Detached house

Mear Drive · Derby · DE72 3QW

Address

District
Erewash
County
Derbyshire
See house prices in DE72 →

Value over time

  • Modelled value
  • Projected
  • Likely range (80%)
  • Today's estimate
£0£200k£400k£600k£800k20002002200420062008201020122014201620182020202220242026£514,000

Drawn through each of this property's recorded sales and ending at today's estimate, with the UK House Price Index for its area and property type filling in the months between. The shaded band is where four in five prices fell when we tested this line against real sales of similar homes; it widens the further a month is from a recorded sale, and today it matches the likely range above.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled valueLikely range
2000£154,897£133,460 – £179,118
2001£180,388£153,798 – £208,280
2002£236,397£199,492 – £273,930
2003£286,978£239,825 – £334,328
2004£324,353£268,856 – £378,313
2005£322,877£265,923 – £376,275
2006£340,029£278,103 – £396,556
2007£350,311£284,040 – £409,820
2008£299,748£241,032 – £351,736
2009£306,450£244,670 – £360,898
2010£318,595£253,566 – £376,632
2011£307,041£244,087 – £364,269
2012£307,880£244,334 – £367,200
2013£315,273£249,965 – £376,833
2014£341,218£297,663 – £376,995
2015£361,873£312,882 – £402,115
2016£379,352£325,060 – £423,949
2017£396,277£336,497 – £445,382
2018£418,808£352,390 – £473,366
2019£409,382£341,291 – £465,313
2020£443,365£366,192 – £506,757
2021£488,728£399,879 – £561,711
2022£521,819£422,917 – £603,060
2023£517,976£415,795 – £601,910
2024£529,663£421,079 – £618,857
2025£531,051£418,074 – £623,853
2026£514,000£402,000 – £606,000

Sale history

1995Sold
£121,950
1998Sold
+11%£135,000
2026Today — estimated
+281%£514,000

Mortgage calculator

£2,759

Estimated monthly repayment

£462,600

Loan amount

£530,520

Total interest

£993,120

Total repayable

A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.

Related properties

About this property

2 Mear Drive, Borrowash, Derby, Erewash, Derbyshire, DE72 3QW is a detached house on Mear Drive in Derby. Stede's estimated value for November 2026 is £514,000. Four in five similar homes sold within their likely range when tested; for this property that range is £402,000 to £606,000. It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 5 similar homes in the same postcode (25%). The confidence score is 60 out of 100 (medium): estimates like this one are typically within 10% of the eventual sale price.

It last sold in June 1998 for £135,000. It has 2 sales on record, the earliest in 1995. The current estimate is 281% higher than that price. The current owner has held it for about 28 years.

The modelled value is down 2% over the past year and up 6% over the past five years.

Among 10 nearby properties Stede tracks in the DE72 area, estimated values run from £386,000 to £500,000. This detached house's £514,000 sits above that range.

Common questions

How much is 2 Mear Drive, Borrowash, Derby, Erewash, Derbyshire, DE72 3QW worth?

Stede estimates 2 Mear Drive, Borrowash, Derby, Erewash, Derbyshire, DE72 3QW is worth £514,000 as of November 2026, within a likely range of £402,000 to £606,000. The estimate is generated automatically from recorded sale prices of this and similar nearby homes and the UK House Price Index, and is not a formal valuation.

When did 2 Mear Drive, Borrowash, Derby, Erewash, Derbyshire, DE72 3QW last sell?

It last sold in June 1998 for £135,000. There are 2 sales on record, the earliest in 1995.

What type of property is 2 Mear Drive, Borrowash, Derby, Erewash, Derbyshire, DE72 3QW?

It is recorded as a Detached house on Mear Drive in the DE72 postcode area.

How reliable is this estimate?

The confidence score is 60 out of 100 (medium). Tested against real sales of similar homes, estimates like this one are typically within 10% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.

How does Stede calculate this estimate?

It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 5 similar homes in the same postcode (25%). Each piece of evidence gets the share that proved most accurate when tested against real sales of similar homes, and the same testing sets the likely range and confidence. Full detail is on the methodology page.

How we got this figure

We weighed the evidence below, giving each piece the share that proved most accurate when we tested it against real sales of similar homes. The likely range and confidence come from testing the same method against 56,151 real sales of similar homes.

  • Its sale in June 1998, brought up to today with the House Price Index£570,41175%
  • 5 similar homes sold recently in the same postcode£346,10025%

Estimate £514,000, likely £402,000 – £606,000

Read the full methodology and data sources →