Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 60, Magellan Way, Derby is a modern leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 60, Magellan Way, Derby is £111,966 and the estimated rental value is £652 per month.
Magellan Way, Derby, DE24 is located within the DE24 postal district.
60, Magellan Way, Derby has a single entry in the Land Registry from October 2007 and a single entry in the EPC database dated May 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 60, Magellan Way, Derby is in very good condition we estimate a sale value of £117,565 and a rental value of £685 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £104,129 and a rental value of £607 per month.
Over the last 12 months the sale value of 60 Magellan Way Derby has decreased by an estimated £872 (0.8%) and its rental value has increased by an estimated £21 per month (3.2%), giving an expected gross yield of 7%.
60, Magellan Way, Derby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 May 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 60, Magellan Way, Derby was last sold on 26th October 2007 for £141,155 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2007, the market for similar properties has dropped 8.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 60, Magellan Way, Derby within a radius of 810 metres over the last 2 years.
The most recent example is 44, Coral Close, Derby, DE24 1AP, a leasehold flat which sold for £110,000 on the 25th July 2025.
Read more about house prices in DE24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Magellan Way, Derby, DE24 has a total of 88 addresses. According to our analysis of all the public data, 60, Magellan Way, Derby is the 82nd largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in DE24.
The closest station to 60, Magellan Way, Derby is Derby station which is 1.6 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 60, Magellan Way, Derby, 59.5% of property is privately rented and 25.2% is privately owned with a mortgage.
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 60, Magellan Way, Derby, 21.6% of residents are recorded as possessing school level qualifications and 40.7% 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 60, Magellan Way, Derby, the average age was 39.9 and the most common age was 32.
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 60, Magellan Way, Derby, 0.8% 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 60, Magellan Way, Derby, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
