According to the public record, 122, Bower Street, Derby is a early-century freehold house with 742 ft2 of internal area and sits on a 245 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Bower Street, Derby, DE24 is located within the DE24 postal district.
122, Bower Street, Derby has a single entry in the Land Registry database from December 2010 and a single entry in the EPC database dated December 2021.
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 122 Bower Street Derby as £121,429 and the rental value as £711 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 122 Bower Street Derby has increased by £76 (0.1%) and its rental value has increased by £47 per month (6.6%).
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 122, Bower Street, Derby is in very good condition we estimate a sale value of £127,501 and rental value of £747 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £112,929 and a rental value of £661 per month.
If you were able to purchase this property for the estimated value of £121,429, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £597 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 data from HM Land Registry, 122, Bower Street, Derby sits on a plot of 245m2.
We have plot size data on 17 out of 21 other houses in the postcode and 122, Bower Street, Derby sits on the 3rd largest plot.
According to HM Land Registry, 122, Bower Street, Derby was last sold on 14 Dec 2010 for £65,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2010, the market for similar properties has risen 76.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 122, Bower Street, Derby within a radius of 420 metres over the last 2 years.
The most recent example is 71, Warren Street, Derby, DE24 8RU, a Freehold house which sold for £163,500 in May 2024.
Read more about house prices in DE24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bower Street, Derby, DE24 has a total of 21 addresses. According to our analysis of all the public data, 122, Bower Street, Derby is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £75k less expensive than the average property in DE24.
122, Bower Street, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Dec 2021.
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 122, Bower Street, Derby is Spondon station which is 2.3 kilometres 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 122, Bower Street, Derby, 39.4% of property is privately owned with a mortgage and 33.6% 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 122, Bower Street, Derby, 18.7% of residents are recorded as possessing school level qualifications and 14.9% 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 122, Bower Street, Derby, the average age was 37.1 and the most common age was 32.
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 122, Bower Street, 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 122, Bower Street, Derby, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.