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According to the public record, 2, Cordelia Way, Derby is a modern leasehold apartment with 516 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, Cordelia Way, Derby is £166,102 and the estimated rental value is £806 per month.
Cordelia Way, Chellaston, Derby, DE73 is located within the DE73 postal district.
2, Cordelia Way, Derby has 21 entries in the Land Registry , most recently in February 2013 and a single entry in the EPC database dated July 2019.
We combine this information with that 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, Cordelia Way, Derby is in very good condition we estimate a sale value of £174,407 and a rental value of £847 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £154,475 and a rental value of £750 per month.
Over the last 12 months the sale value of 2 Cordelia Way Derby has decreased by an estimated £1,073 (0.6%) and its rental value has increased by an estimated £18 per month (2.2%), giving an expected gross yield of 5.8%.
2, Cordelia Way, Derby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Jul 2019.
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, 2, Cordelia Way, Derby was last sold on 11th February 2013 for £111,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2013, the market for similar properties has risen 46.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Cordelia Way, Derby within a radius of 610 metres over the last 2 years.
The most recent example is 31, Montague Way, Derby, DE73 5AS, a leasehold flat which sold for £124,000 on the 16th February 2023.
Read more about house prices in DE73.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cordelia Way, Chellaston, Derby, DE73 has a total of 54 addresses. According to our analysis of all the public data, 2, Cordelia Way, Derby is the 54th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £152k less expensive than the average property in DE73.
The closest station to 2, Cordelia Way, Derby is Peartree station which is 3.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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, Cordelia Way, Derby, 56.0% of property is privately owned with a mortgage and 26.7% 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 2, Cordelia Way, Derby, 34.2% of residents are recorded as possessing school level qualifications and 40.1% 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, Cordelia Way, Derby, the average age was 42 and the most common age was 52.
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, Cordelia Way, 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, Cordelia Way, Derby, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.