Apartment 7 Studios 37-38, Derby
Apartment 7 Studios 37-38, Derby
Description & Estimates
According to the public record, Apartment 7 Studios 37-38, Derby is a modern leasehold apartment with 226 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment 7 Studios 37-38, Derby is £79,747 and the estimated rental value is £512 per month.
The apartment is within Iron Gate Studios, Iron Gate, Derby, DE1.
Iron Gate, Derby, DE1 is located within the DE1 postal district.
Our Data Sources
Apartment 7 Studios 37-38, Derby has a single entry in the Land Registry from November 2019 and a single entry in the EPC database dated June 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 7 Studios 37-38, Derby is in very good condition we estimate a sale value of £83,734 and a rental value of £537 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £74,164 and a rental value of £476 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Apartment 7 Studios 37-38, Derby has declined by £35 (0.0%), while its estimated rental value has climbed by £12 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 7.7%.
Energy Efficiency
Apartment 7 Studios 37-38, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jun 2019.
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 7 Studios 37-38, Derby was last sold on 26th November 2019 for £69,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2019, the market for similar properties has risen by 32.2%.
- Sold Nov 2019£69,950
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 7 Studios 37-38, Derby within a radius of 440 metres over the last 2 years.
The most recent example is Apartment 10, Iron Gate Studios 37-38, Iron Gate, Derby, DE1 3GA, a leasehold flat which sold for £30,000 on the 13th September 2024.
Read more about house prices in DE1.
- Sold Sep 2024£30,000 | 1 Bed FlatIron Gate Studios 37-38, Iron GateApartment 10, Iron Gate Studios 37-38, Iron Gate, Derby, DE1 3GA
- Sold Sep 2024£30,000 | 1 Bed FlatIron Gate Studios 37-38, Iron GateApartment 5, Iron Gate Studios 37-38, Iron Gate, Derby, DE1 3GA
- Sold Mar 2020£1,700,000 | 1 Bed FlatIron Gate25B, Iron Gate, Derby, DE1 3GL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Iron Gate, Derby, DE1 has a total of 25 addresses. According to our analysis of all the public data, Apartment 7 Studios 37-38, Derby is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in DE1.
More reading links
Schools Nearby
- 800mBecket Primary School
- 1.0kmCastleward Spencer Academy
- 1.1kmSt James' Church of England Aided Infant School
- 500mLandau Forte College
- 1.0kmDerby Cathedral School
- 1.7kmUTC Derby Pride Park
More reading links
Public Transport Nearby
The closest station to Apartment 7 Studios 37-38, Derby is Derby station, which is 1.3 kilometres away.
- 1.3kmDerby
- 2.9kmPeartree
- 4.7kmSpondon
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
