Flat 1, 47
Flat 1, 47
Description & Estimates
Flat 1, 47, Mount Carmel Street, Derby is described in the public record as a period apartment with 333 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Flat 1, 47, Mount Carmel Street, Derby is £61,781 and its rental estimate is £423 per month, given the available information and assuming reasonable condition.
47, Mount Carmel Street is a residential building on Mount Carmel Street, Derby, DE23 and falls within the DE23 postal district.
Our Data Sources
Flat 1, 47, Mount Carmel Street, Derby has no records in the the Land Registry and a single entry in the EPC database dated May 2018.
We combine this information with public data 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 1, 47, Mount Carmel Street, Derby, we estimate a market value of £64,870 and a rental value of £444 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £57,456 and £393 per month respectively.
Recent Market Change
Over the last year, Flat 1, 47, Mount Carmel Street, Derby has seen its estimated sale value increase by £524 (0.8%) and its estimated rental value grow by £14 per month (3.4%). This results in an estimated gross rental yield of 8.2%.
Energy Efficiency
Flat 1, 47, Mount Carmel Street, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 May 2018.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 47, Mount Carmel Street, Derby have sold within a radius of 360 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th October 2024, was First Floor Flat, 308, Abbey Street, Derby, DE22 3SZ, a leasehold flat which sold for £125,000.
Read more about house prices in DE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 65 addresses on Mount Carmel Street, Derby, DE23, Flat 1, 47, Mount Carmel Street, Derby comes out as the 54th largest and the 54th most expensive in our analysis of the public data.
It is also £160k less expensive than the average property across the DE23 district.
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Schools Nearby
- 200mDerby St Chad's CofE Nursery and Infant School
- 200mSt Joseph's Catholic Voluntary Academy
- 500mFirs Primary School
- 1.2kmDerby Cathedral School
- 1.7kmUTC Derby Pride Park
- 1.8kmLandau Forte College
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Public Transport Nearby
From Flat 1, 47, Mount Carmel Street, Derby, the nearest station is Derby, 1.5 kilometres away.
- 1.5kmDerby
- 1.8kmPeartree
- 4.9kmSpondon
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
