According to the public record, 17, Watermeadow Road, Derby is a mid-century apartment with 247 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Watermeadow Road, Alvaston, Derby, DE24 is located within the DE24 postal district.
17, Watermeadow Road, Derby has no recent1 records in the Land Registry database and a single entry in the EPC database dated December 2021.
We combine this information with public data 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 17 Watermeadow Road Derby as £38,287 and the rental value as £281 per month giving an expected gross yield of 8.8%.
Over the last 12 months the sale value of 17 Watermeadow Road Derby has increased by £362 (0.9%) and its rental value has increased by £21 per month (7.3%).
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 17, Watermeadow Road, Derby is in very good condition we estimate a sale value of £40,201 and rental value of £295 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £35,607 and a rental value of £261 per month.
If you were able to purchase this property for the estimated value of £38,287, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £188 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, 17, Watermeadow Road, Derby was last sold on 12 May 1995 for £14,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 670 metres radius of 17, Watermeadow Road, Derby over the last 2 years.
The most recent example is 19, Watermeadow Road, Derby, DE24 0TE, a Leasehold flat which sold for £40,000 in Oct 2022.
Read more about house prices in DE24.
Watermeadow Road, Alvaston, Derby, DE24 has a total of 65 addresses. According to our analysis of all the public data, 17, Watermeadow Road, Derby is the 65th largest and the 65th most expensive property on the street.
When compared to the postcode district it is £158k less expensive than the average property in DE24.
17, Watermeadow Road, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Dec 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 17, Watermeadow Road, Derby is Peartree station which is 3.0 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 17, Watermeadow Road, Derby, 48.8% of property is socially rented and 23.2% is privately owned outright.
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 17, Watermeadow Road, Derby, 15.0% of residents are recorded as possessing school level qualifications and 19.7% 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 17, Watermeadow Road, Derby, the average age was 42.2 and the most common age was 57.
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 17, Watermeadow 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 17, Watermeadow Road, Derby, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.