Flat 1, 15-16
Flat 1, 15-16
Description & Estimates
The public record describes Flat 1, 15-16, Market Place, Derby as a modern apartment with 742 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 1, 15-16, Market Place, Derby has an estimated sale value of £148,987 and an estimated rental value of £869 per month, assuming reasonable condition and based on the information available.
The apartment sits within 15, Market Place, Derby, DE1.
Market Place, Derby, DE1 lies within the DE1 postal district.
Our Data Sources
Flat 1, 15-16, Market Place, Derby has no records in the the Land Registry and a single entry in the EPC database dated February 2021.
We combine this information with public data 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
In very good condition, we estimate Flat 1, 15-16, Market Place, Derby would be worth £156,437, with a potential rental value of £913 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £138,558, with a rental value of £808 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 1, 15-16, Market Place, Derby has moved down by £155 (0.1%) over the last year. During the same period, its estimated monthly rental value has increased by £21 (2.4%). The property's estimated gross yield is currently 7.0%.
Energy Efficiency
Flat 1, 15-16, Market Place, Derby has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Feb 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 440 metres of Flat 1, 15-16, Market Place, Derby across the last 2 years.
Most recently, Apartment 24, Cathedral View, Full Street, Derby, DE1 3AF, a leasehold flat, sold at £116,000 on the 31st March 2026.
Read more about house prices in DE1.
- Sold Mar 2026£116,000 | 2 Bed FlatCathedral View, Full StreetApartment 24, Cathedral View, Full Street, Derby, DE1 3AF
- Sold Nov 2024£159,000 | 2 Bed FlatCathedral View, Full StreetApartment 22, Cathedral View, Full Street, Derby, DE1 3AF
- Sold Apr 2023£197,500 | 2 Bed FlatCathedral View, Full StreetApartment 45, Cathedral View, Full Street, Derby, DE1 3AF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 1, 15-16, Market Place, Derby as the 6th largest and the 5th most expensive of the 26 addresses on Market Place, Derby, DE1.
Against the DE1 postcode district average, it is £7k less expensive than the typical property.
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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
- 1.6kmUTC Derby Pride Park
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Public Transport Nearby
Derby station is the nearest stop to Flat 1, 15-16, Market Place, Derby at 1.2 kilometres away.
- 1.2kmDerby
- 2.8kmPeartree
- 4.6kmSpondon
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
