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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 8, Mill Gate, Derby is a modern leasehold apartment with 699 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 8, Mill Gate, Derby is £146,984 and the estimated rental value is £686 per month.
Mill Gate, Derby, DE22 is located within the DE22 postal district.
8, Mill Gate, Derby has 2 entries in the Land Registry , most recently in January 2014 and a single entry in the EPC database dated June 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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, Mill Gate, Derby is in very good condition we estimate a sale value of £154,333 and a rental value of £720 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £136,695 and a rental value of £638 per month.
Over the last 12 months the sale value of 8 Mill Gate Derby has decreased by an estimated £1,594 (1.1%) and its rental value has increased by an estimated £20 per month (2.8%), giving an expected gross yield of 5.6%.
8, Mill Gate, Derby has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Jun 2021.
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, Mill Gate, Derby was last sold on 3rd January 2014 for £139,999 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since January 2014, the market for similar properties has risen 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Mill Gate, Derby within a radius of 370 metres over the last 2 years.
The most recent example is 13, Mill Gate, Derby, DE22 3EB, a leasehold flat which sold for £128,000 on the 27th August 2024.
Read more about house prices in DE22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Gate, Derby, DE22 has a total of 28 addresses. According to our analysis of all the public data, 8, Mill Gate, Derby is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £104k less expensive than the average property in DE22.
The closest station to 8, Mill Gate, Derby is Derby station which is 2.2 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, Mill Gate, Derby, 42.1% of property is privately rented and 20.4% is privately owned outright.
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, Mill Gate, Derby, 42.0% of residents are recorded as possessing school level qualifications and 39.3% 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, Mill Gate, 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, Mill Gate, Derby, 0.6% 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, Mill Gate, Derby, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
