Apartment 24, Strutt House 1
Apartment 24, Strutt House 1
Description & Estimates
Apartment 24, Strutt House 1, Derby is recorded publicly as a modern leasehold apartment across 505 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Apartment 24, Strutt House 1, Derby is £150,257 and its rental estimate is £851 per month, given the available information and assuming reasonable condition.
Strutt House, Erasmus Drive is a residential building on Erasmus Drive, Derby, DE1 and falls within the DE1 postal district.
Our Data Sources
Apartment 24, Strutt House 1, Derby has a single entry in the Land Registry from November 2022 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.
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 Apartment 24, Strutt House 1, Derby, we estimate a market value of £157,770 and a rental value of £894 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £139,739 and £792 per month respectively.
Recent Market Change
Over the last year, Apartment 24, Strutt House 1, Derby has seen its estimated sale value decline by £157 (0.1%) and its estimated rental value climb by £20 per month (2.4%). This results in an estimated gross rental yield of 6.8%.
Energy Efficiency
Apartment 24, Strutt House 1, Derby has an Energy Performance Rating (EPC) of B. 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.
Sold Prices
The most recent sale of Apartment 24, Strutt House 1, Derby completed on 1st November 2022 at £136,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 43.2% over the period since November 2022.
- Sold Nov 2022£136,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Apartment 24, Strutt House 1, Derby have sold within a radius of 360 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st November 2023, was Apartment 21, Strutt House 1, Erasmus Drive, Derby, DE1 2DN, a leasehold flat which sold for £135,500.
Read more about house prices in DE1.
- Sold Nov 2023£135,500 | 2 Bed FlatStrutt House 1, Erasmus DriveApartment 21, Strutt House 1, Erasmus Drive, Derby, DE1 2DN
- Sold Feb 2023£136,000 | 2 Bed FlatStrutt House 1, Erasmus DriveApartment 26, Strutt House 1, Erasmus Drive, Derby, DE1 2DN
- Sold Dec 2022£136,000 | 2 Bed FlatStrutt House 1, Erasmus DriveApartment 25, Strutt House 1, Erasmus Drive, Derby, DE1 2DN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 384 addresses on Erasmus Drive, Derby, DE1, Apartment 24, Strutt House 1, Derby comes out as the 235th largest and the 325th most expensive in our analysis of the public data.
It is also £5k less expensive than the average property across the DE1 district.
More reading links
Schools Nearby
- 200mSt James' Church of England Aided Infant School
- 500mRosehill Infant and Nursery School
- 500mCastleward Spencer Academy
- 900mUTC Derby Pride Park
- 1.3kmLandau Forte College
- 1.5kmDerby Cathedral School
More reading links
Public Transport Nearby
From Apartment 24, Strutt House 1, Derby, the nearest station is Derby, 600 metres away.
- 600mDerby
- 2.0kmPeartree
- 4.1kmSpondon
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.
