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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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According to the public record, 41B, Derby Road, Nottingham is a period leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 41B, Derby Road, Nottingham is £86,558 and the estimated rental value is £838 per month.
The apartment is within 41, Derby Road, Nottingham, NG1.
Derby Road, Nottingham, NG1 is located within the NG1 postal district.
41B, Derby Road, Nottingham has a single entry in the Land Registry from September 2008 and a single entry in the EPC database dated February 2020.
We combine this information with that 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 41B, Derby Road, Nottingham is in very good condition we estimate a sale value of £90,885 and a rental value of £879 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £80,498 and a rental value of £779 per month.
Over the last 12 months the sale value of 41B Derby Road Nottingham has decreased by an estimated £2,247 (2.6%) and its rental value has decreased by an estimated £6 per month (0.7%), giving an expected gross yield of 11.6%.
41B, Derby Road, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 41B, Derby Road, Nottingham was last sold on 18th September 2008 for £62,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2008, the market for similar properties has risen 12.0%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 41B, Derby Road, Nottingham within a radius of 220 metres over the last 2 years.
The most recent example is Flat 1, 83A, Derby Road, Nottingham, NG1 5BB, a leasehold flat which sold for £440,000 on the 22nd May 2018.
Read more about house prices in NG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Derby Road, Nottingham, NG1 has a total of 166 addresses. According to our analysis of all the public data, 41B, Derby Road, Nottingham is the 32nd largest and the 134th most expensive property on the street.
When compared to the postcode district it is £62k less expensive than the average property in NG1.
The closest station to 41B, Derby Road, Nottingham is Nottingham station which is 1.2 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 41B, Derby Road, Nottingham, 63.2% of property is privately rented and 20.8% 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 41B, Derby Road, Nottingham, 32.1% of residents are recorded as possessing school level qualifications and 54.8% 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 41B, Derby Road, Nottingham, the average age was 29.6 and the most common age was 22.
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 41B, Derby Road, Nottingham, 2.2% 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 41B, Derby Road, Nottingham, there are an average of 0.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
