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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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224, Abbey Street, Derby is recorded publicly as a mid-century Leasehold apartment across 828 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 224, Abbey Street, Derby is £175,873 and its rental estimate is £672 per month, given the available information and assuming reasonable condition.
Abbey Street, Derby, DE22 falls within the DE22 postal district.
224, Abbey Street, Derby has 21 entries in the Land Registry , most recently in September 2016 and a single entry in the EPC database dated December 2013.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 224, Abbey Street, Derby, we estimate a market value of £184,667 and a rental value of £705 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £163,562 and £625 per month respectively.
Over the last year, 224, Abbey Street, Derby has seen its estimated sale value rise by £96 (0.1%) and its estimated rental value move up by £17 per month (2.6%). This results in an estimated gross rental yield of 4.6%.
224, Abbey Street, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Dec 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 224, Abbey Street, Derby completed on 5th September 2016 at £150,210 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 78.9% over the period since September 2016.
Over the past 2 years 3 properties have sold within 370 metres of 224, Abbey Street, Derby, per the Land Registry and our network of Estate Agents.
The latest, on the 26th May 2023, was 237, Abbey Street, Derby, DE22 3ST, a freehold house which sold for £100,000.
Read more about house prices in DE22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 157 addresses on Abbey Street, Derby, DE22, 224, Abbey Street, Derby comes out as the 37th largest and the 2nd most expensive in our analysis of the public data.
It is also £79k less expensive than the average property across the DE22 district.
From 224, Abbey Street, Derby, the nearest station is Derby, 1.4 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 224, Abbey Street, Derby, 42.4% of property is socially rented and 35.4% 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 224, Abbey Street, Derby, 20.2% of residents are recorded as possessing school level qualifications and 27.2% 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 224, Abbey Street, Derby, the average age was 33.4 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 224, Abbey 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 224, Abbey Street, Derby, there are an average of 0.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
