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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 39, Friar Gate, Derby is £135,435 and the estimated rental value is £696 per month.
The apartment is within 39, Friar Gate, Derby, DE1.
Friar Gate, Derby, DE1 is located within the DE1 postal district.
Flat 2, 39, Friar Gate, Derby has no records in the the Land Registry and a single entry in the EPC database dated November 2022.
We combine this information with public data 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 Flat 2, 39, Friar Gate, Derby is in very good condition we estimate a sale value of £142,207 and a rental value of £731 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £125,955 and a rental value of £647 per month.
Over the last 12 months the sale value of Flat 2 39 Friar Gate Derby has decreased by an estimated £1,565 (1.2%) and its rental value has increased by an estimated £18 per month (2.6%), giving an expected gross yield of 6.2%.
Flat 2, 39, Friar Gate, Derby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Nov 2022.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 2, 39, Friar Gate, Derby within a radius of 280 metres over the last 2 years.
The most recent example is Flat 2, Swallow House, South Street, Derby, DE1 1DR, a leasehold flat which sold for £68,500 on the 11th March 2024.
Read more about house prices in DE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Friar Gate, Derby, DE1 has a total of 341 addresses. According to our analysis of all the public data, Flat 2, 39, Friar Gate, Derby is the 279th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £20k less expensive than the average property in DE1.
The closest station to Flat 2, 39, Friar Gate, Derby is Derby station which is 1.7 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, 39, Friar Gate, Derby, 48.5% of property is privately rented and 45.6% is socially rented.
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, 39, Friar Gate, Derby, 78.2% of residents are recorded as possessing school level qualifications and 13.8% 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 Flat 2, 39, Friar Gate, Derby, the average age was 34.5 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 Flat 2, 39, Friar Gate, Derby, 0.3% 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, 39, Friar Gate, Derby, there are an average of 0.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.