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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 222, Station Road, Derby is £309,640 and the estimated rental value is £1,305 per month.
The apartment is within 222, Station Road, Melbourne, Derby, DE73.
Station Road, Melbourne, Derby, DE73 is located in the borough of South Derbyshire within the DE73 postal district.
Flat 2, 222, Station Road, Derby has 2 entries in the Land Registry , most recently in February 2023 and a single entry in the EPC database dated June 2015.
We combine this information with that 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.
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 Flat 2, 222, Station Road, Derby is in very good condition we estimate a sale value of £325,122 and a rental value of £1,370 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £287,965 and a rental value of £1,214 per month.
Over the last 12 months the sale value of Flat 2 222 Station Road Derby has decreased by an estimated £870 (0.3%) and its rental value has increased by an estimated £30 per month (2.3%), giving an expected gross yield of 5.1%.
Flat 2, 222, Station Road, Derby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Jun 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, 222, Station Road, Derby was last sold on 17th February 2023 for £195,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2023, the market for similar properties has dropped 46.2%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 2, 222, Station Road, Derby within a radius of 1.1 kilometres over the last 2 years.
The most recent example is Flat 1, 222, Station Road, Derby, DE73 8BQ, a leasehold flat which sold for £310,000 on the 14th April 2025.
Read more about house prices in DE73.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Station Road, Melbourne, Derby, DE73 has a total of 142 addresses. According to our analysis of all the public data, Flat 2, 222, Station Road, Derby is the 86th largest and the 78th most expensive property on the street.
When compared to the postcode district it is £8k less expensive than the average property in DE73.
The closest station to Flat 2, 222, Station Road, Derby is Peartree station which is 8.5 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 Flat 2, 222, Station Road, Derby, 53.3% of property is privately owned outright and 30.3% is privately owned with a mortgage.
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 Flat 2, 222, Station Road, Derby, 15.0% of residents are recorded as possessing school level qualifications and 36.0% 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 Flat 2, 222, Station Road, 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 Flat 2, 222, Station Road, Derby, 2.5% 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 Flat 2, 222, Station Road, Derby, there are an average of 2.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.