Apartment 1 Studios 37-38, Derby
Apartment 1 Studios 37-38, Derby
Description & Estimates
According to the public record, Apartment 1 Studios 37-38, Derby is a modern apartment with 204 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment 1 Studios 37-38, Derby is £76,078 and the estimated rental value is £488 per month.
The apartment is within Iron Gate Studios, Iron Gate, Derby, DE1.
Iron Gate, Derby, DE1 is located within the DE1 postal district.
Our Data Sources
Apartment 1 Studios 37-38, Derby has no records in the the Land Registry and a single entry in the EPC database dated June 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 Apartment 1 Studios 37-38, Derby is in very good condition we estimate a sale value of £79,882 and a rental value of £513 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £70,752 and a rental value of £454 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Apartment 1 Studios 37-38, Derby has moved down by £33 (0.0%), while its estimated rental value has increased by £11 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 7.7%.
Energy Efficiency
Apartment 1 Studios 37-38, Derby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jun 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 1 Studios 37-38, Derby within a radius of 440 metres over the last 2 years.
The most recent example is Apartment 10, Iron Gate Studios 37-38, Iron Gate, Derby, DE1 3GA, a leasehold flat which sold for £30,000 on the 13th September 2024.
Read more about house prices in DE1.
- Sold Sep 2024£30,000 | 1 Bed FlatIron Gate Studios 37-38, Iron GateApartment 10, Iron Gate Studios 37-38, Iron Gate, Derby, DE1 3GA
- Sold Mar 2020£1,700,000 | 1 Bed FlatIron Gate25B, Iron Gate, Derby, DE1 3GL
- Sold Jan 2020£69,650 | 1 Bed FlatIron Gate Studios 37-38, Iron GateApartment 8, Iron Gate Studios 37-38, Iron Gate, Derby, DE1 3GA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Iron Gate, Derby, DE1 has a total of 25 addresses. According to our analysis of all the public data, Apartment 1 Studios 37-38, Derby is the 21st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £80k less expensive than the average property in DE1.
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Schools Nearby
- 800mBecket Primary School
- 1.0kmCastleward Spencer Academy
- 1.1kmSt James' Church of England Aided Infant School
- 500mLandau Forte College
- 1.0kmDerby Cathedral School
- 1.7kmUTC Derby Pride Park
More reading links
Public Transport Nearby
The closest station to Apartment 1 Studios 37-38, Derby is Derby station, which is 1.3 kilometres away.
- 1.3kmDerby
- 2.9kmPeartree
- 4.7kmSpondon
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
