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Apartment 36, Strutt House 1, Derby is described in the public record as a modern apartment with 452 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Apartment 36, Strutt House 1, Derby is £142,434 and its rental estimate is £815 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.
Apartment 36, Strutt House 1, Derby has no records in the the Land Registry and a single entry in the EPC database dated October 2022.
We combine this information with public data 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.
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 36, Strutt House 1, Derby, we estimate a market value of £149,556 and a rental value of £855 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £132,464 and £758 per month respectively.
Over the last year, Apartment 36, Strutt House 1, Derby has seen its estimated sale value drop by £149 (0.1%) and its estimated rental value rise by £19 per month (2.4%). This results in an estimated gross rental yield of 6.9%.
Apartment 36, 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.
Over the past 2 years 3 properties similar to Apartment 36, 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.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 384 addresses on Erasmus Drive, Derby, DE1, Apartment 36, Strutt House 1, Derby comes out as the 353rd largest and the 370th most expensive in our analysis of the public data.
It is also £13k less expensive than the average property across the DE1 district.
From Apartment 36, Strutt House 1, Derby, the nearest station is Derby, 600 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 36, 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 36, 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 36, 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 36, 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 36, 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.