According to the public record, 8, Bromley Street, Derby is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,094 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Bromley Street, Derby, DE22 is located within the DE22 postal district.
8, Bromley Street, Derby has 31 entries in the Land Registry database, most recently in November 2007 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 8 Bromley Street Derby as £287,951 and the rental value as £1,213 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 8 Bromley Street Derby has decreased by £12 (0.0%) and its rental value has increased by £61 per month (5.1%).
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 8, Bromley Street, Derby is in very good condition we estimate a sale value of £302,348 and rental value of £1,273 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £267,794 and a rental value of £1,128 per month.
If you were able to purchase this property for the estimated value of £287,951, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,415 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, 8, Bromley Street, Derby was last sold on 19 Nov 2007 for £230,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2007, the market for similar properties has risen 36.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Bromley Street, Derby within a radius of 530 metres over the last 2 years.
The most recent example is 17, Statham Street, Derby, DE22 1HR, a Freehold house which sold for £316,500 in Feb 2024.
Read more about house prices in DE22.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bromley Street, Derby, DE22 has a total of 36 addresses. According to our analysis of all the public data, 8, Bromley Street, Derby is the 33rd largest and the 34th most expensive property on the street.
When compared to the postcode district it is £67k more expensive than the average property in DE22.
The closest station to 8, Bromley Street, Derby is Derby station which is 2.7 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 8, Bromley Street, Derby, 42.2% of property is privately owned with a mortgage and 28.9% 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 8, Bromley Street, Derby, 24.9% of residents are recorded as possessing school level qualifications and 52.0% 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 8, Bromley Street, Derby, the average age was 43.4 and the most common age was 42.
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 8, Bromley 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 8, Bromley 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.