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Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 28B, Market Place, Derby is £251,150 and the estimated rental value is £1,059 per month.
Market Place, Melbourne, Derby, DE73 is located in the borough of South Derbyshire within the DE73 postal district.
28B, Market Place, Derby has no records in the the Land Registry and a single entry in the EPC database dated June 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 28B, Market Place, Derby is in very good condition we estimate a sale value of £263,707 and a rental value of £1,111 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £233,569 and a rental value of £984 per month.
Over the last 12 months the sale value of 28B Market Place Derby has increased by an estimated £443 (0.2%) and its rental value has increased by an estimated £34 per month (3.2%), giving an expected gross yield of 5.1%.
28B, Market Place, Derby has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Jun 2014.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 730 metres radius of 28B, Market Place, Derby over the last 2 years.
The most recent example is 26, Market Place, Derby, DE73 8DS, a freehold house which sold for £700,000 on the 23rd November 2022.
Read more about house prices in DE73.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Market Place, Melbourne, Derby, DE73 has a total of 21 addresses. According to our analysis of all the public data, 28B, Market Place, Derby is the 13th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £67k less expensive than the average property in DE73.
The closest station to 28B, Market Place, Derby is Peartree station which is 8.9 kilometres 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 28B, Market Place, Derby, 38.9% of property is privately rented and 30.2% 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 28B, Market Place, Derby, 13.5% of residents are recorded as possessing school level qualifications and 45.8% 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 28B, Market Place, Derby, the average age was 45.6 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 28B, Market Place, Derby, 0.4% 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 28B, Market Place, Derby, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.