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Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 40, Yates Street, Derby is £67,691 and its rental estimate is £474 per month, given the available information and assuming reasonable condition.
Yates Street, Derby, DE23 falls within the DE23 postal district.
40, Yates Street, Derby has no records in the the Land Registry and a single entry in the EPC database dated February 2014.
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.
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 40, Yates Street, Derby, we estimate a market value of £71,075 and a rental value of £497 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £62,952 and £440 per month respectively.
Over the last year, 40, Yates Street, Derby has seen its estimated sale value move up by £119 (0.2%) and its estimated rental value increase by £13 per month (2.7%). This results in an estimated gross rental yield of 8.4%.
40, Yates Street, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Feb 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 2 properties similar to 40, Yates Street, Derby have sold within a radius of 380 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th October 2020, was Unit 9, Oak Street, Derby, DE23 8GN, a leasehold flat which sold for £45,000.
Read more about house prices in DE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 52 addresses on Yates Street, Derby, DE23, 40, Yates Street, Derby comes out as the 45th largest and the 45th most expensive in our analysis of the public data.
It is also £154k less expensive than the average property across the DE23 district.
From 40, Yates Street, Derby, the nearest station is Peartree, 1.0 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 40, Yates Street, Derby, 64.3% of property is socially rented and 19.6% 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 40, Yates Street, Derby, 21.9% of residents are recorded as possessing school level qualifications and 15.1% 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 40, Yates Street, Derby, the average age was 32.8 and the most common age was 27.
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 40, Yates 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 40, Yates Street, Derby, there are an average of 0.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.