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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show Apartment 55, Strutt House 1, Derby to be a modern leasehold apartment with 731 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Apartment 55, Strutt House 1, Derby has an estimated sale value of £179,668 and an estimated rental value of £977 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.
Apartment 55, 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.
In very good condition, we estimate Apartment 55, Strutt House 1, Derby would be worth £188,652, with a potential rental value of £1,025 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £167,092, with a rental value of £908 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Apartment 55, Strutt House 1, Derby has declined by £187 (0.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £23 (2.4%). The property's estimated gross yield is currently 6.5%.
Apartment 55, 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.
Apartment 55, Strutt House 1, Derby last changed hands on 15th December 2022, selling for £178,000. 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.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 360 metres of Apartment 55, Strutt House 1, Derby across the last 2 years.
Most recently, Apartment 140, Strutt House 1, Erasmus Drive, Derby, DE1 2DY, a leasehold flat, sold at £192,500 on the 28th April 2023.
Read more about house prices in DE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Apartment 55, Strutt House 1, Derby as the 43rd largest and the 154th most expensive of the 384 addresses on Erasmus Drive, Derby, DE1.
Against the DE1 postcode district average, it is £24k more expensive than the typical property.
Derby station is the nearest stop to Apartment 55, Strutt House 1, Derby at 600 metres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 55, 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 55, 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 55, 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 55, 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 55, 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.
