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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
48, Merrill Way, Derby is recorded publicly as a mid-century freehold house across 904 ft2 of internal area, sitting on a 176 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 48, Merrill Way, Derby is £191,200 and its rental estimate is £1,020 per month, given the available information and assuming reasonable condition.
Merrill Way, Allenton, Derby, DE24 falls within the DE24 postal district.
48, Merrill Way, Derby has a single entry in the Land Registry from October 2016 and a single entry in the EPC database dated June 2016.
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.
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, Merrill Way, Derby, we estimate a market value of £200,760 and a rental value of £1,071 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £177,816 and £948 per month respectively.
Over the last year, 48, Merrill Way, Derby has seen its estimated sale value fall by £272 (0.1%) and its estimated rental value move up by £24 per month (2.3%). This results in an estimated gross rental yield of 6.4%.
HM Land Registry records the plot of land for 48, Merrill Way, Derby as measuring 176 m2.
That makes it the 19th largest plot in the postcode, where 25 of the 29 other houses have recorded plot data.
48, Merrill Way, Derby has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Jun 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 48, Merrill Way, Derby completed on 4th October 2016 at £119,500 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 79.0% over the period since October 2016.
Over the past 2 years 3 properties similar to 48, Merrill Way, Derby have sold within a radius of 740 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th June 2025, was 76, Westgreen Avenue, Derby, DE24 9AQ, a freehold house which sold for £137,500.
Read more about house prices in DE24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 108 addresses on Merrill Way, Allenton, Derby, DE24, 48, Merrill Way, Derby comes out as the 56th largest and the 24th most expensive in our analysis of the public data.
It is also £31k less expensive than the average property across the DE24 district.
From 48, Merrill Way, Derby, the nearest station is Peartree, 1.9 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast 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 48, Merrill Way, Derby, 36.5% of property is privately owned with a mortgage and 27.0% is privately owned outright.
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 48, Merrill Way, Derby, 23.3% of residents are recorded as possessing school level qualifications and 22.0% 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 48, Merrill Way, Derby, the average age was 33.6 and the most common age was 12.
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 48, Merrill Way, 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 48, Merrill Way, Derby, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
