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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, 2, Castle Mills, Derby is a modern 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 2, Castle Mills, Derby is £174,439 and the estimated rental value is £805 per month.
Castle Mills, Melbourne, Derby, DE73 is located in the borough of South Derbyshire within the DE73 postal district.
2, Castle Mills, Derby has 21 entries in the Land Registry , most recently in February 2023 and a single entry in the EPC database dated October 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Castle Mills, Derby is in very good condition we estimate a sale value of £183,161 and a rental value of £845 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £162,228 and a rental value of £749 per month.
Over the last 12 months the sale value of 2 Castle Mills Derby has decreased by an estimated £2,199 (1.3%) and its rental value has increased by an estimated £24 per month (2.9%), giving an expected gross yield of 5.5%.
2, Castle Mills, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Oct 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 2, Castle Mills, Derby was last sold on 3rd February 2023 for £185,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2023, the market for similar properties has dropped 22.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Castle Mills, Derby within a radius of 840 metres over the last 2 years.
The most recent example is 1, Castle Mills, Derby, DE73 8BF, a leasehold flat which sold for £195,000 on the 31st March 2025.
Read more about house prices in DE73.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Castle Mills, Melbourne, Derby, DE73 has a total of 39 addresses. According to our analysis of all the public data, 2, Castle Mills, Derby is the 25th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £143k less expensive than the average property in DE73.
The closest station to 2, Castle Mills, Derby is Peartree station which is 9.0 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, Castle Mills, Derby, 51.1% of property is privately owned outright and 22.2% is privately owned with a mortgage.
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, Castle Mills, Derby, 11.3% of residents are recorded as possessing school level qualifications and 38.8% 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, Castle Mills, Derby, the average age was 45.6 and the most common age was 57.
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, Castle Mills, Derby, 0.8% 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, Castle Mills, Derby, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
