71, Merrill Way
71, Merrill Way
Description & Estimates
71, Merrill Way, Derby is described in the public record as a mid-century apartment with 796 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 71, Merrill Way, Derby is £95,311 and its rental estimate is £533 per month, given the available information and assuming reasonable condition.
Merrill Way, Allenton, Derby, DE24 falls within the DE24 postal district.
Our Data Sources
71, Merrill Way, Derby has no records in the the Land Registry and a single entry in the EPC database dated July 2012.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 71, Merrill Way, Derby, we estimate a market value of £100,077 and a rental value of £560 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £88,640 and £496 per month respectively.
Recent Market Change
Over the last year, 71, Merrill Way, Derby has seen its estimated sale value decrease by £497 (0.5%) and its estimated rental value grow by £12 per month (2.3%). This results in an estimated gross rental yield of 6.7%.
Energy Efficiency
71, Merrill Way, Derby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jul 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 71, Merrill Way, Derby has sold within a radius of 670 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th September 2018, was 69, Merrill Way, Derby, DE24 9JN, a leasehold flat which sold for £75,000.
Read more about house prices in DE24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 108 addresses on Merrill Way, Allenton, Derby, DE24, 71, Merrill Way, Derby comes out as the 79th largest and the 89th most expensive in our analysis of the public data.
It is also £127k less expensive than the average property across the DE24 district.
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Schools Nearby
- 300mAllenton Primary School
- 500mShelton Infant School
- 500mShelton Junior School
- 800mAlvaston Moor Academy
- 1.0kmNoel-Baker Academy
- 2.3kmChellaston Academy
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Public Transport Nearby
From 71, Merrill Way, Derby, the nearest station is Peartree, 1.9 kilometres away.
- 1.9kmPeartree
- 3.5kmDerby
- 4.2kmSpondon
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.
