Flat 3, 15-16
Flat 3, 15-16
Description & Estimates
According to the public record, Flat 3, 15-16, Market Place, Derby is a modern leasehold apartment with 548 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 3, 15-16, Market Place, Derby is £129,457 and the estimated rental value is £783 per month.
The apartment is within 15, Market Place, Derby, DE1.
Market Place, Derby, DE1 is located within the DE1 postal district.
Our Data Sources
Flat 3, 15-16, Market Place, Derby has a single entry in the Land Registry from March 2008 and a single entry in the EPC database dated January 2020.
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 3, 15-16, Market Place, Derby is in very good condition we estimate a sale value of £135,930 and a rental value of £822 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £120,395 and a rental value of £728 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 3, 15-16, Market Place, Derby has fallen by £135 (0.1%), while its estimated rental value has moved up by £19 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 7.3%.
Energy Efficiency
Flat 3, 15-16, Market Place, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jan 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
Sold Prices
According to HM Land Registry, Flat 3, 15-16, Market Place, Derby was last sold on 26th March 2008 for £120,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2008, the market for similar properties has dropped by 20.7%.
- Sold Mar 2008£120,000
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 3, 15-16, Market Place, Derby within a radius of 440 metres over the last 2 years.
The most recent example is Apartment 41, Cathedral View, Full Street, Derby, DE1 3AF, a leasehold flat which sold for £58,000 on the 6th March 2026.
Read more about house prices in DE1.
- Sold Mar 2026£58,000 | 2 Bed FlatCathedral View, Full StreetApartment 41, Cathedral View, Full Street, Derby, DE1 3AF
- Sold Jun 2025£89,000 | 2 Bed FlatCathedral View, Full StreetApartment 18, Cathedral View, Full Street, Derby, DE1 3AF
- Sold Jul 2024£123,250 | 2 Bed FlatMiddleton House 27, St. Marys GateApartment 34, Middleton House 27, St. Marys Gate, Derby, DE1 3FS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Market Place, Derby, DE1 has a total of 26 addresses. According to our analysis of all the public data, Flat 3, 15-16, Market Place, Derby is the 17th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £26k less expensive than the average property in DE1.
More reading links
Schools Nearby
- 800mBecket Primary School
- 1.0kmCastleward Spencer Academy
- 1.1kmSt James' Church of England Aided Infant School
- 500mLandau Forte College
- 1.0kmDerby Cathedral School
- 1.6kmUTC Derby Pride Park
More reading links
Public Transport Nearby
The closest station to Flat 3, 15-16, Market Place, Derby is Derby station, which is 1.2 kilometres away.
- 1.2kmDerby
- 2.8kmPeartree
- 4.6kmSpondon
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
