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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 27B, The Butts, Belper is £68,855 and the estimated rental value is £429 per month.
The apartment is within 27, The Butts, Belper, DE56.
The Butts, Belper, DE56 is located in the borough of Amber Valley within the DE56 postal district.
27B, The Butts, Belper has a single entry in the Land Registry from September 2012 and a single entry in the EPC database dated August 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 27B, The Butts, Belper is in very good condition we estimate a sale value of £72,297 and a rental value of £451 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £64,035 and a rental value of £399 per month.
Over the last 12 months the sale value of 27B The Butts Belper has decreased by an estimated £1,737 (2.5%) and its rental value has increased by an estimated £6 per month (1.4%), giving an expected gross yield of 7.5%.
27B, The Butts, Belper has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Aug 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
According to HM Land Registry, 27B, The Butts, Belper was last sold on 28th September 2012 for £60,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2012, the market for similar properties has risen 42.3%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 27B, The Butts, Belper within a radius of 550 metres over the last 2 years.
The most recent example is 27C, The Butts, Belper, DE56 1HX, a leasehold flat which sold for £48,000 on the 21st June 2013.
Read more about house prices in DE56.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Butts, Belper, DE56 has a total of 44 addresses. According to our analysis of all the public data, 27B, The Butts, Belper is the 43rd largest and the 44th most expensive property on the street.
When compared to the postcode district it is £239k less expensive than the average property in DE56.
The closest station to 27B, The Butts, Belper is Belper station which is 400 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 27B, The Butts, Belper, 38.0% of property is privately owned with a mortgage and 35.9% is privately owned outright.
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 27B, The Butts, Belper, 13.0% of residents are recorded as possessing school level qualifications and 47.7% 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 27B, The Butts, Belper, the average age was 45.8 and the most common age was 57.
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 27B, The Butts, Belper, 1.4% 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 27B, The Butts, Belper, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.