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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
According to the public record, 2, Drum Close, Derby is a modern apartment with 828 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, Drum Close, Derby is £111,216 and the estimated rental value is £648 per month.
Drum Close, Allestree, Derby, DE22 is located within the DE22 postal district.
2, Drum Close, Derby has no recent1 records in the the Land Registry and a single entry in the EPC database dated December 2019.
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, Drum Close, Derby is in very good condition we estimate a sale value of £116,776 and a rental value of £680 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £103,431 and a rental value of £603 per month.
Over the last 12 months the sale value of 2 Drum Close Derby has decreased by an estimated £1,206 (1.1%) and its rental value has increased by an estimated £18 per month (2.8%), giving an expected gross yield of 7%.
2, Drum Close, Derby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Dec 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, Drum Close, Derby was last sold on 22nd April 2005 for £104,760 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 700 metres radius of 2, Drum Close, Derby over the last 2 years.
The most recent example is 14, Drum Close, Derby, DE22 1JN, a freehold house which sold for £209,000 on the 7th November 2023.
Read more about house prices in DE22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Drum Close, Allestree, Derby, DE22 has a total of 17 addresses. According to our analysis of all the public data, 2, Drum Close, Derby is the 12th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £139k less expensive than the average property in DE22.
The closest station to 2, Drum Close, Derby is Derby station which is 4.0 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Drum Close, Derby, 48.0% of property is privately owned outright and 38.9% 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, Drum Close, Derby, 19.7% of residents are recorded as possessing school level qualifications and 49.1% 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, Drum Close, Derby, the average age was 45.3 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, Drum Close, 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, Drum Close, Derby, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
