Apartment 3 Lancaster House Somerset Close

    APARTMENT 3 LANCASTER HOUSE, SOMERSET CLOSE, DERBY, DE22 3XR

    This flat/maisonette leasehold property on Somerset Close last sold in August 2024 for £146,000. Based on price growth in the DE22 district since then, its estimated current value is £138,185 — placing it in the 10th percentile nationally and the 16th percentile within DE22. The property covers 66 m² (710 sq ft), giving an estimated value of £2,094 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £146,000

    Aug 2024

    Estimated Valuation

    £138,185

    Est. £/sq ft

    £195/sq ft

    £2,094/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction age2014
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area710 sq ft (66 m²)
    EPC dateNov 2016
    WallsAverage thermal transmittance 0.20 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Aug 2024

    £146,000

    17 Feb 2017

    New build

    £127,995

    Key Metrics

    Estimated valuation£138,185
    Value per sq ft / m²£195/sq ft (£2,094/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DE22 district percentile16th percentile
    National percentile10th percentile

    District Context — DE22

    DE22 covers parts of south Derbyshire, including areas around Swadlincote and the surrounding towns in this rural and semi-rural region. It is a mixed market combining small towns and villages with a blend of residential and agricultural character.

    Average Property Price - DE22

    £297,165

    41

    National percentile

    Average Net Household Income - DE22

    £39,562

    56

    National percentile

    10-Year Annualised Price Growth - DE22

    4.0%

    66

    National percentile

    10-Year Annualised Rent Growth - DE

    4.2%

    63

    National percentile

    View full analysis for DE22

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