According to the public record, 2, St. Marys Court, Derby is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 616 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
St. Marys Court, Derby, DE1 is located within the DE1 postal district.
2, St. Marys Court, Derby has 21 entries in the Land Registry database, most recently in December 2023 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 St. Marys Court Derby as £106,240 and the rental value as £732 per month giving an expected gross yield of 8.3%.
Over the last 12 months the sale value of 2 St. Marys Court Derby has increased by £945 (0.9%) and its rental value has increased by £44 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 2, St. Marys Court, Derby is in very good condition we estimate a sale value of £111,552 and rental value of £769 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £98,803 and a rental value of £681 per month.
If you were able to purchase this property for the estimated value of £106,240, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £522 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, St. Marys Court, Derby was last sold on 15 Dec 2023 for £100,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2023, the market for similar properties has risen 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, St. Marys Court, Derby within a radius of 289m over the last 2 years.
The most recent example is 9, St. Marys Court, Derby, DE1 3DD, a Leasehold flat which sold for £94,800 in Apr 2023.
Read more about house prices in DE1.
St. Marys Court, Derby, DE1 has a total of 38 addresses. According to our analysis of all the public data, 2, St. Marys Court, Derby is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £115k less expensive than the average property in DE1.
The closest station to 2, St. Marys Court, Derby is Derby station which is 1.6 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, St. Marys Court, 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 2, St. Marys Court, 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 2, St. Marys Court, 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, St. Marys Court, 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 2, St. Marys Court, 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.