According to the public record, Flat 111, Rivermead House, Derby is a mid-century leasehold apartment and with 708 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Rivermead House, Bath Street, Derby, DE1.
Bath Street, Derby, DE1 is located within the DE1 postal district.
Flat 111, Rivermead House, Derby has 31 entries in the Land Registry database, most recently in October 2019 and a single entry in the EPC database dated September 2011.
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 Flat 111 Rivermead House Derby as £65,835 and the rental value as £455 per month giving an expected gross yield of 8.3%.
Over the last 12 months the sale value of Flat 111 Rivermead House Derby has decreased by £905 (1.4%) and its rental value has increased by £17 per month (3.7%).
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 Flat 111, Rivermead House, Derby is in very good condition we estimate a sale value of £69,127 and rental value of £478 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £61,227 and a rental value of £423 per month.
If you were able to purchase this property for the estimated value of £65,835, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £324 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, Flat 111, Rivermead House, Derby was last sold on 07 Oct 2019 for £57,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2019, the market for similar properties has risen 11.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 111, Rivermead House, Derby within a radius of 0m over the last 2 years.
The most recent example is Flat 112, Rivermead House, Bath Street, Derby, DE1 3BT, a Leasehold flat which sold for £61,500 in Mar 2021.
Read more about house prices in DE1.
Bath Street, Derby, DE1 has a total of 192 addresses. According to our analysis of all the public data, Flat 111, Rivermead House, Derby is the 119th largest and the 141st most expensive property on the street.
When compared to the postcode district it is £155k less expensive than the average property in DE1.
Flat 111, Rivermead House, Derby has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 22 Sep 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 111, Rivermead House, Derby is Derby station which is 1.8 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 Flat 111, Rivermead House, Derby, 54.0% of property is socially rented and 22.3% 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 Flat 111, Rivermead House, Derby, 11.7% of residents are recorded as possessing school level qualifications and 27.5% 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 Flat 111, Rivermead House, 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 Flat 111, Rivermead House, Derby, 0.6% 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 Flat 111, Rivermead House, 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.