48 Magellan Way, Derby, DE24 1AD is a leasehold flat built between 1996-2002. The property offers approximately 463 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £195,983 , which equates to approximately £423 per square foot. It was last sold on 10 Aug 2007 for £147,995. Since then, the value has increased by £47,988, representing a 32.4% increase, or approximately 1.8% per year.

The current estimated value of £195,983 is:

  • 15.4% lower than the average property price on Magellan Way
  • 9.5% lower than the average in the DE24 1AD postcode area
  • and 18.9% lower than the average price for Derby as a whole

View sold house prices in DE24 1AD

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
463 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£195,983
Price Per sq ft (estimate)
£423
Bedroom Count (estimate)
1 bedroom

EPC Summary

48 Magellan Way, Derby, City Of Derby, DE24 1AD has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 18 Nov 2019.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 6 Sep 2019. The rating of C is unchanged, though the energy efficiency score decreased by 10.4%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from (another dwelling above) to pitched, 100 mm loft insulation, improving energy efficiency from n/a to average.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to DE24 1AD

31 st / 55
Price Rank
10% lower than average
52 nd / 53
Size Rank
50% smaller than average
1 st / 53
Price Per Sq FT Rank
83% higher than average

Compared to other properties in DE24 1AD , this flat's estimated value ranks 31th out of 55. Based on price per square foot, it ranks 1st out of 53 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 52th out of 53 properties in its postcode area.

Sale History

Today
£195,983
streetscan.co.uk estimate
+32 %
10 Aug 2007
£147,995
Leasehold

Area Insights

Similar Properties Sold Nearby

93 Magellan Way, Derby, DE24 1AD
rooms: 3
size: 527 sq ft
sale price: £61,000
sale date: 5 Dec 2008

Data Sources

The property at 48 Magellan Way, Derby, City Of Derby, DE24 1AD appears once in the Land Registry records, with the transaction recorded on 10 Aug 2007. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Nov 2019. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
↑