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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 116, Gerard Street, Derby is a mid-century leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 116, Gerard Street, Derby is £91,830 and the estimated rental value is £692 per month.
Gerard Street, Derby, DE1 is located within the DE1 postal district.
116, Gerard Street, Derby has a single entry in the Land Registry from October 2018 and a single entry in the EPC database dated July 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 116, Gerard Street, Derby is in very good condition we estimate a sale value of £96,422 and a rental value of £727 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £85,402 and a rental value of £644 per month.
Over the last 12 months the sale value of 116 Gerard Street Derby has decreased by an estimated £1,468 (1.6%) and its rental value has increased by an estimated £20 per month (2.8%), giving an expected gross yield of 9%.
116, Gerard Street, Derby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jul 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 116, Gerard Street, Derby was last sold on 12th October 2018 for £79,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2018, the market for similar properties has risen 29.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 116, Gerard Street, Derby within a radius of 380 metres over the last 2 years.
The most recent example is 94, Gerard Street, Derby, DE1 1PH, a leasehold flat which sold for £78,500 on the 26th August 2021.
Read more about house prices in DE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gerard Street, Derby, DE1 has a total of 86 addresses. According to our analysis of all the public data, 116, Gerard Street, Derby is the 51st largest and the 59th most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in DE1.
The closest station to 116, Gerard Street, Derby is Derby station which is 1.3 kilometres away.
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 116, Gerard Street, Derby, 58.5% of property is socially rented and 22.5% is privately 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 116, Gerard Street, Derby, 24.6% of residents are recorded as possessing school level qualifications and 27.6% 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 116, Gerard Street, Derby, the average age was 33.4 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 116, Gerard Street, Derby, 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 116, Gerard Street, Derby, there are an average of 0.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
