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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8 City Walk, City Road, Derby is £133,519 and the estimated rental value is £840 per month.
City Road, Derby, DE1 is located within the DE1 postal district.
8 City Walk, City Road, Derby has 2 entries in the Land Registry , most recently in October 2018 and a single entry in the EPC database dated April 2023.
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.
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 8 City Walk, City Road, Derby is in very good condition we estimate a sale value of £140,195 and a rental value of £882 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £124,172 and a rental value of £781 per month.
Over the last 12 months the sale value of 8 City Walk City Road Derby has decreased by an estimated £2,134 (1.6%) and its rental value has increased by an estimated £24 per month (2.8%), giving an expected gross yield of 7.6%.
8 City Walk, City Road, Derby has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Apr 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8 City Walk, City Road, Derby was last sold on 2nd October 2018 for £118,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2018, the market for similar properties has dropped 2.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8 City Walk, City Road, Derby within a radius of 510 metres over the last 2 years.
The most recent example is 19 City Walk, City Road, Derby, DE1 3QD, a leasehold flat which sold for £140,000 on the 15th November 2024.
Read more about house prices in DE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
City Road, Derby, DE1 has a total of 107 addresses. According to our analysis of all the public data, 8 City Walk, City Road, Derby is the 59th largest and the 55th most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in DE1.
The closest station to 8 City Walk, City Road, Derby is Derby station which is 1.5 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8 City Walk, City Road, Derby, 36.9% of property is privately rented and 30.6% is socially rented.
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 8 City Walk, City Road, Derby, 9.0% of residents are recorded as possessing school level qualifications and 40.9% 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 8 City Walk, City Road, Derby, the average age was 34.5 and the most common age was 22.
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 8 City Walk, City Road, 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 8 City Walk, City Road, Derby, there are an average of 0.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.