Flat 7, 15-16
Flat 7, 15-16
Description & Estimates
Flat 7, 15-16, Market Place, Derby is recorded publicly as a modern leasehold apartment across 548 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 7, 15-16, Market Place, Derby is £129,457 and its rental estimate is £783 per month, given the available information and assuming reasonable condition.
15, Market Place is a residential building on Market Place, Derby, DE1 and falls within the DE1 postal district.
Our Data Sources
Flat 7, 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 7, 15-16, Market Place, Derby, we estimate a market value of £135,930 and a rental value of £822 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £120,395 and £728 per month respectively.
Recent Market Change
Over the last year, Flat 7, 15-16, Market Place, Derby has seen its estimated sale value drop by £135 (0.1%) and its estimated rental value rise by £19 per month (2.4%). This results in an estimated gross rental yield of 7.3%.
Energy Efficiency
Flat 7, 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
The most recent sale of Flat 7, 15-16, Market Place, Derby completed on 26th March 2008 at £123,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 20.7% over the period since March 2008.
- Sold Mar 2008£123,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 7, 15-16, Market Place, Derby have sold within a radius of 440 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th March 2026, was Apartment 41, Cathedral View, Full Street, Derby, DE1 3AF, a leasehold flat which sold for £58,000.
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
Of the 26 addresses on Market Place, Derby, DE1, Flat 7, 15-16, Market Place, Derby comes out as the 16th largest and the 13th most expensive in our analysis of the public data.
It is also £26k less expensive than the average property across the DE1 district.
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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
From Flat 7, 15-16, Market Place, Derby, the nearest station is Derby, 1.2 kilometres away.
- 1.2kmDerby
- 2.8kmPeartree
- 4.6kmSpondon
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
