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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Darwin House 1, Derby is £182,558 and the estimated rental value is £958 per month.
The apartment is within Darwin House, Sylvester Close, Derby, DE1.
Sylvester Close, Derby, DE1 is located within the DE1 postal district.
Flat 2, Darwin House 1, Derby has a single entry in the Land Registry from July 2023 and a single entry in the EPC database dated June 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Darwin House 1, Derby is in very good condition we estimate a sale value of £191,686 and a rental value of £1,006 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £169,779 and a rental value of £891 per month.
Over the last 12 months the sale value of Flat 2 Darwin House 1 Derby has decreased by an estimated £2,918 (1.6%) and its rental value has increased by an estimated £27 per month (2.8%), giving an expected gross yield of 6.3%.
Flat 2, Darwin House 1, Derby has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Jun 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 2, Darwin House 1, Derby was last sold on 19th July 2023 for £181,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2023, the market for similar properties has dropped 40.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Darwin House 1, Derby within a radius of 360 metres over the last 2 years.
The most recent example is Flat 66, Darwin House 1, Sylvester Close, Derby, DE1 2BG, a leasehold flat which sold for £155,000 on the 10th April 2024.
Read more about house prices in DE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sylvester Close, Derby, DE1 has a total of 70 addresses. According to our analysis of all the public data, Flat 2, Darwin House 1, Derby is the 61st largest and the 61st most expensive property on the street.
When compared to the postcode district it is £27k more expensive than the average property in DE1.
The closest station to Flat 2, Darwin House 1, Derby is Derby station which is 400 metres away.
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, Darwin House 1, Derby, 37.9% of property is socially rented and 28.3% 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, Darwin House 1, Derby, 18.3% of residents are recorded as possessing school level qualifications and 41.9% 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, Darwin House 1, Derby, the average age was 32.8 and the most common age was 27.
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, Darwin House 1, Derby, 0.0% 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, Darwin House 1, Derby, there are an average of 0.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.