56, Merchant Street
56, Merchant Street
Description & Estimates
Public records show 56, Merchant Street, Derby to be a period freehold house with 731 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
56, Merchant Street, Derby has an estimated sale value of £147,690 and an estimated rental value of £917 per month, assuming reasonable condition and based on the information available.
Merchant Street, Derby, DE22 lies within the DE22 postal district.
Our Data Sources
56, Merchant Street, Derby has 2 entries in the Land Registry , most recently in June 2016 and a single entry in the EPC database dated January 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
In very good condition, we estimate 56, Merchant Street, Derby would be worth £155,075, with a potential rental value of £963 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £137,352, with a rental value of £853 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 56, Merchant Street, Derby has moved up by £571 (0.4%) over the last year. During the same period, its estimated monthly rental value has increased by £26 (2.8%). The property's estimated gross yield is currently 7.5%.
Energy Efficiency
56, Merchant Street, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Jan 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
56, Merchant Street, Derby last changed hands on 9th June 2016, selling for £106,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 95.8% since June 2016.
- Sold Jun 2016£106,000
- Sold Sep 2013£100,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 440 metres of 56, Merchant Street, Derby across the last 2 years.
Most recently, 46, Merchant Street, Derby, DE22 3AQ, a freehold house, sold at £125,000 on the 8th December 2025.
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
Our analysis of the public data ranks 56, Merchant Street, Derby as the 33rd largest and the 17th most expensive of the 40 addresses on Merchant Street, Derby, DE22.
Against the DE22 postcode district average, it is £107k less expensive than the typical property.
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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
Derby station is the nearest stop to 56, Merchant Street, Derby at 2.4 kilometres away.
- 2.4kmDerby
- 3.5kmPeartree
- 5.8kmSpondon
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
