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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat A, 175 Road, Derby is £185,798 and the estimated rental value is £992 per month.
The apartment is within 175, London Road, Derby, DE1.
London Road, Derby, DE1 is located within the DE1 postal district.
Flat A, 175 Road, Derby has a single entry in the Land Registry from July 2008 and a single entry in the EPC database dated April 2014.
We combine this information with that 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.
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 A, 175 Road, Derby is in very good condition we estimate a sale value of £195,088 and a rental value of £1,041 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £172,792 and a rental value of £922 per month.
Over the last 12 months the sale value of Flat A 175 Road Derby has decreased by an estimated £81 (0.0%) and its rental value has increased by an estimated £23 per month (2.4%), giving an expected gross yield of 6.4%.
Flat A, 175 Road, Derby has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Apr 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
According to HM Land Registry, Flat A, 175 Road, Derby was last sold on 28th July 2008 for £160,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2008, the market for similar properties has dropped 47.7%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat A, 175 Road, Derby within a radius of 470 metres over the last 2 years.
The most recent example is 1, Oxford Street, Derby, DE1 2TE, a leasehold flat which sold for £192,000 on the 21st May 2021.
Read more about house prices in DE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
London Road, Derby, DE1 has a total of 89 addresses. According to our analysis of all the public data, Flat A, 175 Road, Derby is the 89th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £30k more expensive than the average property in DE1.
The closest station to Flat A, 175 Road, Derby is Derby station which is 300 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat A, 175 Road, Derby, 66.3% of property is socially rented and 25.9% 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 A, 175 Road, Derby, 13.2% of residents are recorded as possessing school level qualifications and 18.9% 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 A, 175 Road, Derby, the average age was 32.8 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 A, 175 Road, 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 A, 175 Road, Derby, there are an average of 0.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.