Apartment 50, Strutt House 1
Apartment 50, Strutt House 1
Description & Estimates
Public records show Apartment 50, Strutt House 1, Derby to be a modern leasehold apartment with 452 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Apartment 50, Strutt House 1, Derby has an estimated sale value of £142,434 and an estimated rental value of £815 per month, assuming reasonable condition and based on the information available.
The apartment sits within Strutt House, Erasmus Drive, Derby, DE1.
Erasmus Drive, Derby, DE1 lies within the DE1 postal district.
Our Data Sources
Apartment 50, Strutt House 1, Derby has a single entry in the Land Registry from December 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
In very good condition, we estimate Apartment 50, Strutt House 1, Derby would be worth £149,556, with a potential rental value of £855 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £132,464, with a rental value of £758 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Apartment 50, Strutt House 1, Derby has fallen by £149 (0.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £19 (2.4%). The property's estimated gross yield is currently 6.9%.
Energy Efficiency
Apartment 50, 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
Apartment 50, Strutt House 1, Derby last changed hands on 12th December 2022, selling for £136,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 42.8% since December 2022.
- Sold Dec 2022£136,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 360 metres of Apartment 50, Strutt House 1, Derby across the last 2 years.
Most recently, Apartment 21, Strutt House 1, Erasmus Drive, Derby, DE1 2DN, a leasehold flat, sold at £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 Jun 2023£160,000 | 2 Bed FlatStrutt House 1, Erasmus DriveApartment 16, Strutt House 1, Erasmus Drive, Derby, DE1 2DN
- Sold Jun 2023£160,000 | 2 Bed FlatStrutt House 1, Erasmus DriveApartment 3, Strutt House 1, Erasmus Drive, Derby, DE1 2DN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Apartment 50, Strutt House 1, Derby as the 346th largest and the 363rd most expensive of the 384 addresses on Erasmus Drive, Derby, DE1.
Against the DE1 postcode district average, it is £13k less expensive than the typical property.
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
Derby station is the nearest stop to Apartment 50, Strutt House 1, Derby at 600 metres away.
- 600mDerby
- 2.0kmPeartree
- 4.1kmSpondon
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
