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, Apartment 2, Strutt House 1, Derby is a modern leasehold apartment with 678 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 Apartment 2, Strutt House 1, Derby is £173,063 and the estimated rental value is £950 per month.
The apartment is within Strutt House, Erasmus Drive, Derby, DE1.
Erasmus Drive, Derby, DE1 is located within the DE1 postal district.
Apartment 2, Strutt House 1, Derby has a single entry in the Land Registry from August 2023 and a single entry in the EPC database dated October 2022.
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 Apartment 2, Strutt House 1, Derby is in very good condition we estimate a sale value of £181,717 and a rental value of £998 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £160,949 and a rental value of £884 per month.
Over the last 12 months the sale value of Apartment 2 Strutt House 1 Derby has decreased by an estimated £180 (0.1%) and its rental value has increased by an estimated £23 per month (2.4%), giving an expected gross yield of 6.6%.
Apartment 2, Strutt House 1, Derby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Oct 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
According to HM Land Registry, Apartment 2, Strutt House 1, Derby was last sold on 31st August 2023 for £192,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2023, the market for similar properties has dropped 41.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 2, Strutt House 1, Derby within a radius of 360 metres over the last 2 years.
The most recent example is Apartment 71, Strutt House 1, Erasmus Drive, Derby, DE1 2DY, a leasehold flat which sold for £180,000 on the 17th September 2024.
Read more about house prices in DE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Erasmus Drive, Derby, DE1 has a total of 384 addresses. According to our analysis of all the public data, Apartment 2, Strutt House 1, Derby is the 135th largest and the 215th most expensive property on the street.
When compared to the postcode district it is £17k more expensive than the average property in DE1.
The closest station to Apartment 2, Strutt House 1, Derby is Derby station which is 600 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 Apartment 2, Strutt House 1, Derby, 55.7% of property is socially rented and 21.3% is privately 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 Apartment 2, Strutt House 1, Derby, 12.4% of residents are recorded as possessing school level qualifications and 27.5% 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 Apartment 2, Strutt House 1, Derby, the average age was 32.8 and the most common age was 27.
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 Apartment 2, Strutt House 1, 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 Apartment 2, Strutt House 1, Derby, there are an average of 0.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
