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7 Derby Terrace is a residential building situated on Derby Terrace, Nottingham, NG7 with 2 addresses.
It ranks as the 423rd largest and 1261st most expensive of the 1,403 buildings in the NG7 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
7 Derby Terrace is a residential building situated on Derby Terrace, Nottingham, NG7 with 2 addresses.
It ranks as the 423rd largest and 1261st most expensive of the 1,403 buildings in the NG7 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £275,003 for 2 bedroom leasehold flats with a garden (957 ft2) to £306,588 for 3 bedroom leasehold flats (1,154 ft2) .
Monthly rental prices range from £1,164 pcm for 2 bed flats to £1,242 pcm for 3 bed flats.
The gross rental yield is between 4.9% and 5.1%.
The average value per square foot is £276.
The last sale in 7 Derby Terrace sold for £242,000 on 21st May 2021. Since then prices are up an average of 13.5%.
The current average value in the building is £290,795.
The 7 Derby Terrace Sales Market has increased by 34.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.8% | £290,795 |
| May 2025 | 1.7% | £293,243 |
| May 2024 | 0.6% | £288,414 |
| May 2023 | 4.7% | £286,770 |
| May 2022 | 6.8% | £273,853 |
| May 2021 | 7.1% | £256,300 |
| May 2020 | 1.3% | £239,359 |
| May 2019 | 7% | £236,176 |
| May 2018 | -0.1% | £220,823 |
| May 2017 | 2.5% | £221,141 |
| May 2016 | 2% | £215,684 |
| May 2015 | 1.7% | £211,466 |
| May 2014 | 7.3% | £207,924 |
| May 2013 | 3.3% | £193,750 |
| May 2012 | -3.9% | £187,484 |
| May 2011 | -1.7% | £195,101 |
| May 2010 | 8% | £198,438 |
| May 2009 | -17.4% | £183,784 |
| May 2008 | -5.7% | £222,457 |
| May 2007 | 0% | £235,900 |
The current average rental value in the building is £1,203.
The 7 Derby Terrace Rental Market has increased by 48.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.1% | £1,203pcm |
| May 2025 | -6% | £1,190pcm |
| May 2024 | 5.5% | £1,266pcm |
| May 2023 | 12% | £1,200pcm |
| May 2022 | 8.5% | £1,072pcm |
| May 2021 | 11.7% | £988pcm |
| May 2020 | 4.7% | £884pcm |
| May 2019 | 3% | £845pcm |
| May 2018 | 2.9% | £820pcm |
| May 2017 | -1.4% | £797pcm |
| May 2016 | 3% | £808pcm |
| May 2015 | 6.9% | £784pcm |
| May 2014 | 1.5% | £734pcm |
| May 2013 | -0.8% | £723pcm |
| May 2012 | 1.2% | £729pcm |
| May 2011 | 1.5% | £720pcm |
| May 2010 | 2.6% | £710pcm |
| May 2009 | -5.6% | £691pcm |
| May 2008 | -2.5% | £733pcm |
| May 2007 | 0% | £752pcm |
The last sale was on 21st May 2021 for £242,000 and since then the market in the area has increased by 13.5%. The building has had a total of 4 sales since 1995.
7, Derby Terrace, Nottingham, NG7 1ND has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 7, Derby Terrace, Nottingham, NG7 1ND is Nottingham station which is 1.5 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 7, Derby Terrace, Nottingham, NG7 1ND, 71.5% of property is privately rented and 16.6% 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 7, Derby Terrace, Nottingham, NG7 1ND, 72.4% of residents are recorded as possessing school level qualifications and 31.2% 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 7, Derby Terrace, Nottingham, NG7 1ND, the average age was 29.6 and the most common age was 22.
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 7, Derby Terrace, Nottingham, NG7 1ND, 0.3% 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 7, Derby Terrace, Nottingham, NG7 1ND, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.