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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, Marcus Street, Derby is £85,815 and the estimated rental value is £652 per month.
The apartment is within 2, Marcus Street, Derby, DE1.
Marcus Street, Derby, DE1 is located within the DE1 postal district.
2, Marcus Street, Derby has 4 entries in the Land Registry , most recently in May 2024 and a single entry in the EPC database dated January 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 2, Marcus Street, Derby is in very good condition we estimate a sale value of £90,105 and a rental value of £685 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £79,808 and a rental value of £606 per month.
Over the last 12 months the sale value of 2 Marcus Street Derby has decreased by an estimated £31 (0.0%) and its rental value has increased by an estimated £25 per month (3.8%), giving an expected gross yield of 9.1%.
2, Marcus Street, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jan 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 2, Marcus Street, Derby was last sold on 3rd May 2024 for £84,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since May 2024, the market for similar properties has risen 8.8%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 650 metres radius of 2, Marcus Street, Derby over the last 2 years.
The most recent example is 44, Chester Green Road, Derby, DE1 3SF, a freehold house which sold for £170,000 on the 23rd February 2024.
Read more about house prices in DE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marcus Street, Derby, DE1 has a total of 35 addresses. According to our analysis of all the public data, 2, Marcus Street, Derby is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £70k less expensive than the average property in DE1.
The closest station to 2, Marcus Street, Derby is Derby station which is 2.0 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Marcus Street, Derby, 29.7% of property is privately owned outright and 29.1% 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, Marcus Street, Derby, 11.8% of residents are recorded as possessing school level qualifications and 41.2% 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, Marcus Street, Derby, the average age was 34.5 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 2, Marcus 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, Marcus Street, Derby, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.