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In this area, apartments of this size normally have 2 bedrooms.
Flat 29, Spa Court, Derby has an estimated sale value of £92,161 and an estimated rental value of £702 per month, assuming reasonable condition and based on the information available.
The apartment sits within Spa Court, Lower Eley Street, Derby, DE1.
Lower Eley Street, Derby, DE1 lies within the DE1 postal district.
Flat 29, Spa Court, Derby has no records in the the Land Registry and a single entry in the EPC database dated January 2020.
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.
In very good condition, we estimate Flat 29, Spa Court, Derby would be worth £96,769, with a potential rental value of £737 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £85,710, with a rental value of £653 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 29, Spa Court, Derby has fallen by £96 (0.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £17 (2.4%). The property's estimated gross yield is currently 9.1%.
Flat 29, Spa Court, Derby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Jan 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 350 metres of Flat 29, Spa Court, Derby across the last 2 years.
Most recently, 152, Gerard Street, Derby, DE1 1PH, a leasehold flat, sold at £67,500 on the 31st July 2014.
Read more about house prices in DE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 29, Spa Court, Derby as the 23rd largest and the 23rd most expensive of the 58 addresses on Lower Eley Street, Derby, DE1.
Against the DE1 postcode district average, it is £63k less expensive than the typical property.
Derby station is the nearest stop to Flat 29, Spa Court, Derby at 1.3 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 29, Spa Court, Derby, 57.5% of property is socially rented and 29.6% is privately 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 29, Spa Court, Derby, 19.3% of residents are recorded as possessing school level qualifications and 21.4% 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 29, Spa Court, Derby, the average age was 32.6 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 29, Spa Court, 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 29, Spa Court, 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.