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118 Richmond Road is a residential building situated on Richmond Road, Derby, DE23 with 2 addresses.
It ranks as the 16th largest and 361st most expensive of the 441 buildings in the DE23 area.
The building contains a total of 2 properties: 2 flats.
118 Richmond Road is a residential building situated on Richmond Road, Derby, DE23 with 2 addresses.
It ranks as the 16th largest and 361st most expensive of the 441 buildings in the DE23 area.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £84,009 for 2 bedroom Leasehold flats (570 ft2) to £181,397 for 4 bedroom freehold houses with a garden (1,410 ft2) .
Monthly rental prices range from £502 pcm for 2 bed flats to £895 pcm for 4 bed houses.
The gross rental yield is between 5.9% and 7.2%.
The average value per square foot is £138.
The last sale in 118 Richmond Road sold for £65,000 on 7th April 2003. Since then prices are down an average of 0.0%.
The current average value in the building is £132,703.
The 118 Richmond Road Sales Market has increased by 37.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.4% | £132,703 |
| May 2025 | 3.3% | £132,118 |
| May 2024 | 0.1% | £127,888 |
| May 2023 | 4.2% | £127,758 |
| May 2022 | 11.3% | £122,574 |
| May 2021 | 3.9% | £110,158 |
| May 2020 | 0.9% | £106,036 |
| May 2019 | 3.7% | £105,099 |
| May 2018 | 2.4% | £101,365 |
| May 2017 | 2.5% | £98,991 |
| May 2016 | 1.9% | £96,596 |
| May 2015 | 3.3% | £94,808 |
| May 2014 | 4.9% | £91,776 |
| May 2013 | 2% | £87,491 |
| May 2012 | -0.1% | £85,753 |
| May 2011 | -3.2% | £85,881 |
| May 2010 | 1.2% | £88,764 |
| May 2009 | -13.2% | £87,732 |
| May 2008 | -5% | £101,023 |
| May 2007 | 0% | £106,317 |
The current average rental value in the building is £699.
The 118 Richmond Road Rental Market has increased by 56.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3% | £699pcm |
| May 2025 | 2.8% | £678pcm |
| May 2024 | 7.7% | £660pcm |
| May 2023 | 10.4% | £612pcm |
| May 2022 | 9.8% | £554pcm |
| May 2021 | 6.1% | £505pcm |
| May 2020 | 3.2% | £476pcm |
| May 2019 | 2.1% | £461pcm |
| May 2018 | 0% | £452pcm |
| May 2017 | 1.1% | £452pcm |
| May 2016 | 3.5% | £447pcm |
| May 2015 | 1% | £432pcm |
| May 2014 | 0.5% | £428pcm |
| May 2013 | 0.7% | £425pcm |
| May 2012 | 1.5% | £422pcm |
| May 2011 | -1% | £416pcm |
| May 2010 | 0.3% | £420pcm |
| May 2009 | -8.8% | £419pcm |
| May 2008 | 1.3% | £459pcm |
| May 2007 | 0% | £453pcm |
The last sale was on 7th April 2003 for £65,000 and since then the market in the area has remained stable. The building has had a total of 1 sales since 1995.
118, Richmond Road, Derby, DE23 8PX has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 118, Richmond Road, Derby, DE23 8PX is Peartree station which is 900 metres away.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 118, Richmond Road, Derby, DE23 8PX, 31.2% of property is privately owned outright and 30.5% is socially rented.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 118, Richmond Road, Derby, DE23 8PX, 31.4% of residents are recorded as possessing school level qualifications and 20.4% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 118, Richmond Road, Derby, DE23 8PX, the average age was 32.8 and the most common age was 27.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 118, Richmond Road, Derby, DE23 8PX, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 118, Richmond Road, Derby, DE23 8PX, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.