42 Magellan Way

    42, MAGELLAN WAY, DERBY, DE24 1AD

    This flat/maisonette leasehold property on Magellan Way last sold in August 2022 for £114,000. Based on price growth in the DE24 district since then, its estimated current value is £107,189 — placing it in the 5th percentile nationally and the 7th percentile within DE24. The property covers 63 m² (678 sq ft), giving an estimated value of £1,701 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    678 sq ft

    63 m²

    Last Sale Price

    £114,000

    Aug 2022

    Estimated Valuation

    £107,189

    Est. £/sq ft

    £158/sq ft

    £1,701/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area678 sq ft (63 m²)
    EPC dateJul 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    5 Aug 2022

    £114,000

    23 Jul 2007

    New build

    £143,995

    Key Metrics

    Estimated valuation£107,189
    Value per sq ft / m²£158/sq ft (£1,701/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DE24 district percentile7th percentile
    National percentile5th percentile

    District Context — DE24

    DE24 covers South Derbyshire, centred on Swadlincote and the surrounding market towns south of Derby. It is a mixed residential area with strong community character and affordable housing relative to much of the UK.

    Average Property Price - DE24

    £209,439

    15

    National percentile

    Average Net Household Income - DE24

    £34,277

    27

    National percentile

    10-Year Annualised Price Growth - DE24

    4.1%

    68

    National percentile

    10-Year Annualised Rent Growth - DE

    4.2%

    63

    National percentile

    View full analysis for DE24

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