According to the public record, 2 The School Yard, Derby is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 629 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.
2 The School Yard, Derby has a single entry in the Land Registry database from June 2006 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 The School Yard Derby as £128,596 and the rental value as £781 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 2 The School Yard Derby has increased by £1,144 (0.9%) and its rental value has increased by £47 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 The School Yard, Derby is in very good condition we estimate a sale value of £135,026 and rental value of £821 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £119,595 and a rental value of £727 per month.
If you were able to purchase this property for the estimated value of £128,596, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £632 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 The School Yard, Derby was last sold on 30 Jun 2006 for £167,950 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 sales of properties similar to 2 The School Yard, Derby within a radius of 225m over the last 2 years.
The most recent example is Flat 81, Parkland View, Bath Street, Derby, DE1 3FG, a Leasehold flat which sold for £118,000 in Jun 2024.
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, 2 The School Yard, Derby is the 49th largest and the 78th most expensive property on the street.
When compared to the postcode district it is £93k less expensive than the average property in DE1.
The closest station to 2 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 2 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 2 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 2 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 2 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 2 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.