58, Merchant Street
58, Merchant Street
Description & Estimates
58, Merchant Street, Derby is recorded publicly as a period freehold house across 1,205 ft2 of internal area, sitting on a 203 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 58, Merchant Street, Derby is £191,478 and its rental estimate is £1,025 per month, given the available information and assuming reasonable condition.
Merchant Street, Derby, DE22 falls within the DE22 postal district.
Our Data Sources
58, Merchant Street, Derby has 2 entries in the Land Registry , most recently in April 2023 and a single entry in the EPC database dated April 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.
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 58, Merchant Street, Derby, we estimate a market value of £201,051 and a rental value of £1,076 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £178,074 and £953 per month respectively.
Recent Market Change
Over the last year, 58, Merchant Street, Derby has seen its estimated sale value move down by £1,828 (1.0%) and its estimated rental value increase by £16 per month (1.6%). This results in an estimated gross rental yield of 6.4%.
Plot Size
HM Land Registry records the plot of land for 58, Merchant Street, Derby as measuring 203 m2.
That makes it the largest plot in the postcode, where 6 of the 16 other houses have recorded plot data.
Energy Efficiency
58, Merchant Street, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Apr 2016.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 58, Merchant Street, Derby completed on 4th April 2023 at £240,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 66.4% over the period since April 2023.
- Sold Apr 2023£240,000
- Sold Sep 2016£140,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 58, 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 26th March 2026, was 19, Pybus Street, Derby, DE22 3BD, a freehold house which sold for £168,000.
Read more about house prices in DE22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 40 addresses on Merchant Street, Derby, DE22, 58, Merchant Street, Derby comes out as the largest and the most expensive in our analysis of the public data.
It is also £63k less expensive than the average property across the DE22 district.
More reading links
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
More reading links
Public Transport Nearby
From 58, 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.
