According to the public record, 12 The School Yard, Derby is a modern leasehold apartment and with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in The School Yard, Edward Street, Derby, DE1.
Edward Street, Derby, DE1 is located within the DE1 postal district.
12 The School Yard, Derby has 3 entries in the Land Registry database, most recently in July 2022 and 2 entries in the EPC database, most recently in May 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 12 The School Yard Derby as £161,968 and the rental value as £831 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 12 The School Yard Derby has increased by £1,440 (0.9%) and its rental value has increased by £50 per month (6.0%).
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 12 The School Yard, Derby is in very good condition we estimate a sale value of £170,067 and rental value of £872 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £150,631 and a rental value of £772 per month.
If you were able to purchase this property for the estimated value of £161,968, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £796 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 12 The School Yard, Derby was last sold on 01 Jul 2022 for £157,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2022, the market for similar properties has risen 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12 The School Yard, Derby within a radius of 0m over the last 2 years.
The most recent example is 7 The School Yard, Edward Street, Derby, DE1 3BL, a Leasehold flat which sold for £162,000 in Feb 2023.
Read more about house prices in DE1.
Edward Street, Derby, DE1 has a total of 116 addresses. According to our analysis of all the public data, 12 The School Yard, Derby is the 26th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £59k less expensive than the average property in DE1.
12 The School Yard, Derby has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 May 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 12 The School Yard, Derby is Derby station which is 1.7 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 12 The School Yard, Derby, 53.4% of property is socially rented and 28.4% is privately rented.
The graph below shows how this compares to Greater London 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 12 The School Yard, Derby, 13.8% of residents are recorded as possessing school level qualifications and 30.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 12 The School Yard, Derby, the average age was 34.5 and the most common age was 22.
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 12 The School Yard, 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 12 The School Yard, Derby, there are an average of 0.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.