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Lancaster House Somerset Close is a residential building situated on Somerset Close, Derby, DE22 with 18 addresses.
It ranks as the 322nd largest and 317th most expensive of the 354 buildings in the DE22 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 18 properties: 18 flats.
Lancaster House Somerset Close is a residential building situated on Somerset Close, Derby, DE22 with 18 addresses.
It ranks as the 322nd largest and 317th most expensive of the 354 buildings in the DE22 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 18 properties: 18 flats.
Sale prices range from £149,573 for 2 bedroom leasehold flats with a balcony (667 ft2) to £156,571 for 2 bedroom leasehold flats with a balcony (731 ft2) .
Monthly rental prices range from £717 pcm for 2 bed flats to £731 pcm for 2 bed flats.
The gross rental yield is between 5.6% and 5.7%.
The average value per square foot is £217.
The last sale in Lancaster House Somerset Close sold for £145,000 on 26th February 2026. Since then prices are up an average of 2.3%.
The current average value in the building is £153,873.
The Lancaster House Somerset Close Sales Market has increased by 22.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1% | £153,873 |
| May 2025 | 1.7% | £152,357 |
| May 2024 | -0.7% | £149,743 |
| May 2023 | 3.7% | £150,853 |
| May 2022 | 5.9% | £145,487 |
| May 2021 | 2.9% | £137,392 |
| May 2020 | 1.9% | £133,508 |
| May 2019 | 1.6% | £131,073 |
| May 2018 | 3.6% | £129,064 |
| May 2017 | -0.9% | £124,593 |
| May 2016 | -0.6% | £125,756 |
| May 2015 | 4.7% | £126,495 |
| May 2014 | 3.3% | £120,793 |
| May 2013 | 1.7% | £116,952 |
| May 2012 | -1.1% | £114,959 |
| May 2011 | -2.7% | £116,265 |
| May 2010 | 3.9% | £119,510 |
| May 2009 | -11% | £115,030 |
| May 2008 | -4.7% | £129,272 |
| May 2007 | 0% | £135,713 |
The current average rental value in the building is £725.
The Lancaster House Somerset Close Rental Market has increased by 40.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.4% | £725pcm |
| May 2025 | 1.5% | £701pcm |
| May 2024 | 6.8% | £691pcm |
| May 2023 | 8.7% | £647pcm |
| May 2022 | 6.1% | £595pcm |
| May 2021 | 4.6% | £561pcm |
| May 2020 | 3.6% | £537pcm |
| May 2019 | 0.8% | £518pcm |
| May 2018 | 0.4% | £514pcm |
| May 2017 | -1.2% | £512pcm |
| May 2016 | 1.3% | £518pcm |
| May 2015 | 0.7% | £512pcm |
| May 2014 | -0.4% | £508pcm |
| May 2013 | 0.8% | £510pcm |
| May 2012 | 0.7% | £506pcm |
| May 2011 | -0.4% | £503pcm |
| May 2010 | 0.5% | £505pcm |
| May 2009 | -5.8% | £503pcm |
| May 2008 | 1.2% | £533pcm |
| May 2007 | 0% | £527pcm |
The last sale was on 26th February 2026 for £145,000 and since then the market in the area has increased by 2.3%. The building has had a total of 33 sales since 1995.
Lancaster House, Somerset Close, Derby, DE22 3XR has seen 4 sales in the last three years and 2 sales in the last twelve months.
The closest station to Lancaster House, Somerset Close, Derby, DE22 3XR is Derby station which is 3.1 kilometres away.
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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 Lancaster House, Somerset Close, Derby, DE22 3XR, % of property is and % is .
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 Lancaster House, Somerset Close, Derby, DE22 3XR, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 Lancaster House, Somerset Close, Derby, DE22 3XR, 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 Lancaster House, Somerset Close, Derby, DE22 3XR, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.