Flat 5, Rivermead House
Flat 5, Rivermead House
Description & Estimates
The public record describes Flat 5, Rivermead House, Derby as a mid-century apartment with 365 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom with a balcony.
Flat 5, Rivermead House, Derby has an estimated sale value of £38,784 and an estimated rental value of £292 per month, assuming reasonable condition and based on the information available.
The apartment sits within Rivermead House, Bath Street, Derby, DE1.
Bath Street, Derby, DE1 lies within the DE1 postal district.
Our Data Sources
Flat 5, Rivermead House, Derby has no records in the the Land Registry and a single entry in the EPC database dated September 2019.
We combine this information with public data 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.
Price Range & Condition
In very good condition, we estimate Flat 5, Rivermead House, Derby would be worth £40,723, with a potential rental value of £307 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £36,069, with a rental value of £272 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 5, Rivermead House, Derby has increased by £142 (0.4%) over the last year. During the same period, its estimated monthly rental value has grown by £8 (2.8%). The property's estimated gross yield is currently 9.0%.
Energy Efficiency
Flat 5, Rivermead House, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Sep 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 480 metres of Flat 5, Rivermead House, Derby across the last 2 years.
Most recently, Flat 9, Alkmund Court, Edward Street, Derby, DE1 3BR, a leasehold flat, sold at £39,500 on the 5th September 2017.
Read more about house prices in DE1.
•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 5, Rivermead House, Derby as the 191st largest and the 191st most expensive of the 192 addresses on Bath Street, Derby, DE1.
Against the DE1 postcode district average, it is £117k less expensive than the typical property.
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Schools Nearby
- 1.1kmMarkeaton Primary School
- 1.2kmSt Mary's Catholic Voluntary Academy
- 1.2kmDerwent Primary School
- 400mLandau Forte College
- 1.3kmDerby Cathedral School
- 1.6kmSaint Benedict, A Catholic Voluntary Academy
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Public Transport Nearby
Derby station is the nearest stop to Flat 5, Rivermead House, Derby at 1.8 kilometres away.
- 1.8kmDerby
- 3.5kmPeartree
- 4.9kmSpondon
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a medium risk of flooding.
