According to the public record, 8, Kingsmead Walk, Derby is a mid-century apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Kingsmead Walk, Derby, DE1 is located within the DE1 postal district.
8, Kingsmead Walk, Derby has no records in the Land Registry database and a single entry in the EPC database dated April 2013.
We combine this information with public data 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 8 Kingsmead Walk Derby as £75,242 and the rental value as £552 per month giving an expected gross yield of 8.8%.
Over the last 12 months the sale value of 8 Kingsmead Walk Derby has increased by £512 (0.7%) and its rental value has increased by £32 per month (5.8%).
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 8, Kingsmead Walk, Derby is in very good condition we estimate a sale value of £79,004 and rental value of £580 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £69,975 and a rental value of £514 per month.
If you were able to purchase this property for the estimated value of £75,242, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £370 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Kingsmead Walk, Derby within a radius of 266m over the last 2 years.
The most recent example is Flat 28, Hawthorn Court 27, Kedleston Road, Derby, DE22 1FY, a Leasehold flat which sold for £65,000 in Feb 2024.
Read more about house prices in DE1.
Kingsmead Walk, Derby, DE1 has a total of 24 addresses. According to our analysis of all the public data, 8, Kingsmead Walk, Derby is the 18th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £146k less expensive than the average property in DE1.
8, Kingsmead Walk, Derby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Apr 2013.
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 8, Kingsmead Walk, Derby is Derby station which is 1.9 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 8, Kingsmead Walk, Derby, 50.4% of property is socially rented and 31.9% 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, Kingsmead Walk, Derby, 57.7% of residents are recorded as possessing school level qualifications and 18.6% 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, Kingsmead Walk, 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 8, Kingsmead Walk, Derby, 0.9% 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, Kingsmead Walk, 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.