According to the public record, Flat 9, Alkmund Court, Derby is a mid-century leasehold apartment and with 398 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Alkmund Court, Edward Street, Derby, DE1.
Edward Street, Derby, DE1 is located within the DE1 postal district.
Flat 9, Alkmund Court, Derby has 2 entries in the Land Registry database, most recently in September 2017 and 2 entries in the EPC database, most recently in August 2020.
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 9 Alkmund Court Derby as £45,726 and the rental value as £333 per month giving an expected gross yield of 8.7%.
Over the last 12 months the sale value of Flat 9 Alkmund Court Derby has decreased by £136 (0.3%) and its rental value has increased by £16 per month (4.8%).
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 Flat 9, Alkmund Court, Derby is in very good condition we estimate a sale value of £48,013 and rental value of £350 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £42,526 and a rental value of £310 per month.
If you were able to purchase this property for the estimated value of £45,726, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £225 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 9, Alkmund Court, Derby was last sold on 05 Sep 2017 for £39,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2017, the market for similar properties has risen 15.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 5m radius of Flat 9, Alkmund Court, Derby over the last 2 years.
The most recent example is 5, Edward Street, Derby, DE1 3BR, a Freehold house which sold for £295,000 in Nov 2022.
Read more about house prices in DE1.
Edward Street, Derby, DE1 has a total of 116 addresses. According to our analysis of all the public data, Flat 9, Alkmund Court, Derby is the 98th largest and the 114th most expensive property on the street.
When compared to the postcode district it is £175k less expensive than the average property in DE1.
Flat 9, Alkmund Court, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Aug 2020.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 9, Alkmund Court, Derby is Derby station which is 1.7 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 9, Alkmund Court, Derby, 53.4% of property is socially rented and 28.4% 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 9, Alkmund Court, Derby, 13.8% of residents are recorded as possessing school level qualifications and 30.9% 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 9, Alkmund Court, 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 9, Alkmund Court, 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 Flat 9, Alkmund Court, Derby, there are an average of 0.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.