Flat 2, St. Marys Chambers 1
Flat 2, St. Marys Chambers 1
Description & Estimates
According to the public record, Flat 2, St. Marys Chambers 1, Derby is a modern leasehold apartment with 559 ft2 of internal area.
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, St. Marys Chambers 1, Derby is £86,723 and the estimated rental value is £650 per month.
The apartment is within St. Marys Chambers, St. Marys Gate, Derby, DE1.
St. Marys Gate, Derby, DE1 is located within the DE1 postal district.
Our Data Sources
Flat 2, St. Marys Chambers 1, Derby has a single entry in the Land Registry from July 2012 and a single entry in the EPC database dated August 2019.
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.
Price Range & Condition
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, St. Marys Chambers 1, Derby is in very good condition we estimate a sale value of £91,059 and a rental value of £683 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £80,652 and a rental value of £605 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, St. Marys Chambers 1, Derby has declined by £90 (0.1%), while its estimated rental value has climbed by £15 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 9.0%.
Energy Efficiency
Flat 2, St. Marys Chambers 1, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Aug 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Flat 2, St. Marys Chambers 1, Derby was last sold on 26th July 2012 for £74,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2012, the market for similar properties has dropped by 6.9%.
- Sold Jul 2012£74,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, St. Marys Chambers 1, Derby within a radius of 430 metres over the last 2 years.
The most recent example is 104 Norman House, Friar Gate, Derby, DE1 1NU, a leasehold flat which sold for £69,000 on the 19th January 2023.
Read more about house prices in DE1.
- Sold Jan 2023£69,000 | 2 Bed FlatFriar Gate104 Norman House, Friar Gate, Derby, DE1 1NU
- Sold Jun 2019£83,500 | 2 Bed Flat53, Queen StreetFlat 8, 53, Queen Street, Derby, DE1 3DE
- Sold Nov 2018£68,000 | 2 Bed FlatSt. Marys Chambers 1, St. Marys GateFlat 7, St. Marys Chambers 1, St. Marys Gate, Derby, DE1 3JA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
St. Marys Gate, Derby, DE1 has a total of 88 addresses. According to our analysis of all the public data, Flat 2, St. Marys Chambers 1, Derby is the 62nd largest and the 79th most expensive property on the street.
When compared to the postcode district it is £69k less expensive than the average property in DE1.
More reading links
Schools Nearby
- 900mBecket Primary School
- 1.1kmCastleward Spencer Academy
- 1.2kmAshgate Primary School
- 400mLandau Forte College
- 1.0kmDerby Cathedral School
- 1.8kmUTC Derby Pride Park
More reading links
Public Transport Nearby
The closest station to Flat 2, St. Marys Chambers 1, Derby is Derby station, which is 1.4 kilometres away.
- 1.4kmDerby
- 3.0kmPeartree
- 4.7kmSpondon
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
