Apartment 26, Strutt House 1
Apartment 26, Strutt House 1
Description & Estimates
According to the public record, Apartment 26, Strutt House 1, Derby is a modern leasehold apartment with 527 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 26, Strutt House 1, Derby is £153,278 and the estimated rental value is £865 per month.
The apartment is within Strutt House, Erasmus Drive, Derby, DE1.
Erasmus Drive, Derby, DE1 is located within the DE1 postal district.
Our Data Sources
Apartment 26, Strutt House 1, Derby has a single entry in the Land Registry from February 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.
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 26, Strutt House 1, Derby is in very good condition we estimate a sale value of £160,942 and a rental value of £908 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £142,548 and a rental value of £804 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Apartment 26, Strutt House 1, Derby has fallen by £160 (0.1%), while its estimated rental value has moved up by £21 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 6.8%.
Energy Efficiency
Apartment 26, 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.
Sold Prices
According to HM Land Registry, Apartment 26, Strutt House 1, Derby was last sold on 3rd February 2023 for £136,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2023, the market for similar properties has dropped by 42.7%.
- Sold Feb 2023£136,000
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 26, Strutt House 1, Derby within a radius of 360 metres over the last 2 years.
The most recent example is Apartment 21, Strutt House 1, Erasmus Drive, Derby, DE1 2DN, a leasehold flat which sold for £135,500 on the 1st November 2023.
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 Dec 2022£136,000 | 2 Bed FlatStrutt House 1, Erasmus DriveApartment 25, Strutt House 1, Erasmus Drive, Derby, DE1 2DN
- Sold Nov 2022£136,000 | 2 Bed FlatStrutt House 1, Erasmus DriveApartment 24, 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
Erasmus Drive, Derby, DE1 has a total of 384 addresses. According to our analysis of all the public data, Apartment 26, Strutt House 1, Derby is the 229th largest and the 323rd most expensive property on the street.
When compared to the postcode district it is £2k less expensive than the average property in DE1.
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
The closest station to Apartment 26, Strutt House 1, Derby is Derby station, which is 600 metres away.
- 600mDerby
- 2.0kmPeartree
- 4.1kmSpondon
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
