According to the public record, 45, Commerce Street, Derby is a period freehold house with 850 ft2 of internal area and sits on a 95.1 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Commerce Street, Derby, DE24 is located within the DE24 postal district.
45, Commerce Street, Derby has 41 entries in the Land Registry database, most recently in May 2014 and a single entry in the EPC database dated November 2017.
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 45 Commerce Street Derby as £136,426 and the rental value as £778 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 45 Commerce Street Derby has increased by £231 (0.2%) and its rental value has increased by £53 per month (6.8%).
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 45, Commerce Street, Derby is in very good condition we estimate a sale value of £143,247 and rental value of £817 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £126,876 and a rental value of £724 per month.
If you were able to purchase this property for the estimated value of £136,426, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £670 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, 45, Commerce Street, Derby sits on a plot of 95m2.
We have plot size data on 26 out of 34 other houses in the postcode and 45, Commerce Street, Derby sits on the 18th largest plot.
According to HM Land Registry, 45, Commerce Street, Derby was last sold on 13 May 2014 for £70,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since May 2014, the market for similar properties has risen 60.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45, Commerce Street, Derby within a radius of 540 metres over the last 2 years.
The most recent example is 31, Haig Street, Derby, DE24 8RJ, a Freehold house which sold for £115,000 in Jun 2023.
Read more about house prices in DE24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Commerce Street, Derby, DE24 has a total of 53 addresses. According to our analysis of all the public data, 45, Commerce Street, Derby is the 21st largest and the 28th most expensive property on the street.
When compared to the postcode district it is £60k less expensive than the average property in DE24.
45, Commerce Street, Derby has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Nov 2017.
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 45, Commerce Street, Derby is Peartree station which is 2.2 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 45, Commerce Street, Derby, 35.4% of property is privately rented and 26.1% 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 45, Commerce Street, Derby, 18.5% of residents are recorded as possessing school level qualifications and 19.8% 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 45, Commerce 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 45, Commerce 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 45, Commerce 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.