According to the public record, Flat 2, Old School House 104, Derby is a period apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Old School House, Stepping Lane, Derby, DE1.
Stepping Lane, Derby, DE1 is located within the DE1 postal district.
Flat 2, Old School House 104, Derby has no records in the Land Registry database and a single entry in the EPC database dated January 2022.
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 Flat 2 Old School House 104 Derby as £79,836 and the rental value as £566 per month giving an expected gross yield of 8.5%.
Over the last 12 months the sale value of Flat 2 Old School House 104 Derby has increased by £214 (0.3%) and its rental value has increased by £30 per month (5.3%).
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 2, Old School House 104, Derby is in very good condition we estimate a sale value of £83,827 and rental value of £594 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £74,247 and a rental value of £527 per month.
If you were able to purchase this property for the estimated value of £79,836, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £392 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 property sales within a 350 metres radius of Flat 2, Old School House 104, Derby over the last 2 years.
The most recent example is 123, Stepping Lane, Derby, DE1 1GL, a Freehold house which sold for £145,000 in May 2020.
Read more about house prices in DE1.
Stepping Lane, Derby, DE1 has a total of 66 addresses. According to our analysis of all the public data, Flat 2, Old School House 104, Derby is the 60th largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £141k less expensive than the average property in DE1.
Flat 2, Old School House 104, Derby has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Jan 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to Flat 2, Old School House 104, Derby is Derby station which is 2.3 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 Flat 2, Old School House 104, Derby, 73.1% of property is privately rented and 11.5% 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 Flat 2, Old School House 104, Derby, 70.2% of residents are recorded as possessing school level qualifications and 23.9% 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 Flat 2, Old School House 104, Derby, the average age was 33.6 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 2, Old School House 104, Derby, 0.2% 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 2, Old School House 104, Derby, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.