Flat 12, 15-16
Flat 12, 15-16
Description & Estimates
Flat 12, 15-16, Market Place, Derby is described in the public record as a modern apartment with 775 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 12, 15-16, Market Place, Derby is £151,997 and its rental estimate is £881 per month, given the available information and assuming reasonable condition.
15, Market Place is a residential building on Market Place, Derby, DE1 and falls within the DE1 postal district.
Our Data Sources
Flat 12, 15-16, Market Place, Derby has no records in the the Land Registry and a single entry in the EPC database dated September 2018.
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
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 12, 15-16, Market Place, Derby, we estimate a market value of £159,597 and a rental value of £925 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £141,357 and £820 per month respectively.
Recent Market Change
Over the last year, Flat 12, 15-16, Market Place, Derby has seen its estimated sale value drop by £159 (0.1%) and its estimated rental value rise by £21 per month (2.4%). This results in an estimated gross rental yield of 7.0%.
Energy Efficiency
Flat 12, 15-16, Market Place, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Sep 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 12, 15-16, Market Place, Derby have sold within a radius of 440 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st April 2023, was Apartment 45, Cathedral View, Full Street, Derby, DE1 3AF, a leasehold flat which sold for £197,500.
Read more about house prices in DE1.
- Sold Apr 2023£197,500 | 2 Bed FlatApartment 45, Cathedral View, Full Street, Derby, DE1 3AFApartment 45, Cathedral View, Full Street, Derby, DE1 3AF
- Sold Mar 2023£63,000 | 2 Bed FlatFlat 5, 15-16, Market Place, Derby, DE1 3QFFlat 5, 15-16, Market Place, Derby, DE1 3QF
- Sold May 2022£1,250,000 | 2 Bed FlatFlat 1, 15-16, Market Place, Derby, DE1 3QFFlat 1, 15-16, Market Place, Derby, DE1 3QF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 26 addresses on Market Place, Derby, DE1, Flat 12, 15-16, Market Place, Derby comes out as the 5th largest and the 4th most expensive in our analysis of the public data.
It is also £4k less expensive than the average property across the DE1 district.
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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
More reading links
Public Transport Nearby
From Flat 12, 15-16, Market Place, Derby, the nearest station is Derby, 1.2 kilometres away.
- 1.2kmDerby
- 2.8kmPeartree
- 4.6kmSpondon
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
