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According to the public record, 2, Archer Street, Derby is a period apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Archer Street, Derby is £67,803 and the estimated rental value is £453 per month.
The apartment is within 2, Archer Street, Derby, DE24.
Archer Street, Derby, DE24 is located within the DE24 postal district.
2, Archer Street, Derby has no records in the the Land Registry and a single entry in the EPC database dated March 2016.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 2, Archer Street, Derby is in very good condition we estimate a sale value of £71,193 and a rental value of £476 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £63,057 and a rental value of £421 per month.
Over the last 12 months the sale value of 2 Archer Street Derby has increased by an estimated £286 (0.4%) and its rental value has increased by an estimated £20 per month (4.4%), giving an expected gross yield of 8%.
2, Archer Street, Derby has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Mar 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 2, Archer Street, Derby within a radius of 910 metres over the last 2 years.
The most recent example is Flat 4, Sandringham House, Ellesmere Avenue, Derby, DE24 8XD, a leasehold flat which sold for £87,000 on the 4th May 2022.
Read more about house prices in DE24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Archer Street, Derby, DE24 has a total of 21 addresses. According to our analysis of all the public data, 2, Archer Street, Derby is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £150k less expensive than the average property in DE24.
The closest station to 2, Archer 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 2, Archer Street, Derby, 43.2% of property is privately rented and 20.7% is privately owned outright.
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 2, Archer Street, Derby, 24.6% of residents are recorded as possessing school level qualifications and 20.3% 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 2, Archer Street, Derby, the average age was 39.9 and the most common age was 32.
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 2, Archer Street, Derby, 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 2, Archer Street, Derby, 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.