Flat 4, 15-16
Flat 4, 15-16
Description & Estimates
Public records show Flat 4, 15-16, Market Place, Derby to be a modern leasehold apartment with 624 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 4, 15-16, Market Place, Derby has an estimated sale value of £137,392 and an estimated rental value of £819 per month, assuming reasonable condition and based on the information available.
The apartment sits within 15, Market Place, Derby, DE1.
Market Place, Derby, DE1 lies within the DE1 postal district.
Our Data Sources
Flat 4, 15-16, Market Place, Derby has a single entry in the Land Registry from May 2008 and a single entry in the EPC database dated February 2021.
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
In very good condition, we estimate Flat 4, 15-16, Market Place, Derby would be worth £144,262, with a potential rental value of £860 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £127,775, with a rental value of £762 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 4, 15-16, Market Place, Derby has moved down by £143 (0.1%) over the last year. During the same period, its estimated monthly rental value has increased by £19 (2.4%). The property's estimated gross yield is currently 7.2%.
Energy Efficiency
Flat 4, 15-16, Market Place, Derby has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Feb 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
Sold Prices
Flat 4, 15-16, Market Place, Derby last changed hands on 23rd May 2008, selling for £123,556. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 19.9% since May 2008.
- Sold May 2008£123,556
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 440 metres of Flat 4, 15-16, Market Place, Derby across the last 2 years.
Most recently, Apartment 24, Cathedral View, Full Street, Derby, DE1 3AF, a leasehold flat, sold at £116,000 on the 31st March 2026.
Read more about house prices in DE1.
- Sold Mar 2026£116,000 | 2 Bed FlatCathedral View, Full StreetApartment 24, Cathedral View, Full Street, Derby, DE1 3AF
- Sold Nov 2024£159,000 | 2 Bed FlatCathedral View, Full StreetApartment 22, Cathedral View, Full Street, Derby, DE1 3AF
- Sold Jul 2024£157,250 | 2 Bed FlatMiddleton House 27, St. Marys GateApartment 45, Middleton House 27, St. Marys Gate, Derby, DE1 3FS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 4, 15-16, Market Place, Derby as the 9th largest and the 9th most expensive of the 26 addresses on Market Place, Derby, DE1.
Against the DE1 postcode district average, it is £18k less expensive than the typical property.
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
Derby station is the nearest stop to Flat 4, 15-16, Market Place, Derby at 1.2 kilometres away.
- 1.2kmDerby
- 2.8kmPeartree
- 4.6kmSpondon
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
