According to the public record, 2, Bath Street, Derby is a mid-century leasehold apartment and with 936 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Bath Street, Derby, DE1 is located within the DE1 postal district.
2, Bath Street, Derby has a single entry in the Land Registry database from October 2021 and a single entry in the EPC database dated October 2020.
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 2 Bath Street Derby as £96,445 and the rental value as £661 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of 2 Bath Street Derby has increased by £1,271 (1.3%) and its rental value has increased by £43 per month (6.5%).
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 2, Bath Street, Derby is in very good condition we estimate a sale value of £101,267 and rental value of £694 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £89,694 and a rental value of £615 per month.
If you were able to purchase this property for the estimated value of £96,445, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £474 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, 2, Bath Street, Derby was last sold on 21 Oct 2021 for £87,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2021, the market for similar properties has risen 10.3%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 2, Bath Street, Derby within a radius of 16m over the last 2 years.
The most recent example is 8, Bath Street, Derby, DE1 3BU, a Leasehold flat which sold for £90,000 in Apr 2008.
Read more about house prices in DE1.
Bath Street, Derby, DE1 has a total of 192 addresses. According to our analysis of all the public data, 2, Bath Street, Derby is the 2nd largest and the 89th most expensive property on the street.
When compared to the postcode district it is £125k less expensive than the average property in DE1.
2, Bath Street, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Oct 2020.
The property is connected to mains gas and has partial double glazing. It is heated using warm air.
The closest station to 2, Bath Street, 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 2, Bath Street, Derby, 54.0% of property is socially rented and 22.3% 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 2, Bath Street, Derby, 11.7% of residents are recorded as possessing school level qualifications and 27.5% 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 2, Bath Street, 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 2, Bath Street, Derby, 0.6% 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 2, Bath Street, Derby, there are an average of 0.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.