48, Merchant Street
48, Merchant Street
Description & Estimates
48, Merchant Street, Derby is recorded publicly as a period freehold house across 645 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 48, Merchant Street, Derby is £135,845 and its rental estimate is £852 per month, given the available information and assuming reasonable condition.
Merchant Street, Derby, DE22 falls within the DE22 postal district.
Our Data Sources
48, Merchant Street, Derby has a single entry in the Land Registry from June 2024 and a single entry in the EPC database dated May 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 48, Merchant Street, Derby, we estimate a market value of £142,637 and a rental value of £894 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £126,336 and £792 per month respectively.
Recent Market Change
Over the last year, 48, Merchant Street, Derby has seen its estimated sale value rise by £1,730 (1.3%) and its estimated rental value move up by £32 per month (3.7%). This results in an estimated gross rental yield of 7.5%.
Energy Efficiency
48, Merchant Street, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 May 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 48, Merchant Street, Derby completed on 28th June 2024 at £110,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 4.1% over the period since June 2024.
- Sold Jun 2024£110,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 48, Merchant Street, Derby have sold within a radius of 440 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th September 2025, was 13, Richardson Street, Derby, DE22 3GR, a freehold house which sold for £138,500.
Read more about house prices in DE22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 40 addresses on Merchant Street, Derby, DE22, 48, Merchant Street, Derby comes out as the 40th largest and the 36th most expensive in our analysis of the public data.
It is also £119k less expensive than the average property across the DE22 district.
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Schools Nearby
- 100mAshgate Primary School
- 700mMarkeaton Primary School
- 1.2kmBecket Primary School
- 600mDerby Cathedral School
- 1.4kmLandau Forte College
- 1.9kmSaint Benedict, A Catholic Voluntary Academy
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Public Transport Nearby
From 48, Merchant Street, Derby, the nearest station is Derby, 2.4 kilometres away.
- 2.4kmDerby
- 3.5kmPeartree
- 5.8kmSpondon
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
