56 Panama Circle, Derby, DE24 1AE is a leasehold flat built between 2007-2011. The property offers approximately 721 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £124,676 , which equates to approximately £173 per square foot. It was last sold on 15 Nov 2024 for £118,500. Since then, the value has increased by £6,176, representing a 5.2% increase, or approximately 4.9% per year.

The current estimated value of £124,676 is:

  • 33.3% lower than the average property price on Panama Circle
  • 33.3% lower than the average in the DE24 1AE postcode area
  • and 48.4% lower than the average price for Derby as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 4 April 2024, the property was recorded as owner-occupied.

View sold house prices in DE24 1AE

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
721 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£124,676
Price Per sq ft (estimate)
£173
Bedroom Count (estimate)
2 bedrooms

EPC Summary

56 Panama Circle, Derby, City Of Derby, DE24 1AE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 4 Apr 2024.

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 16 Feb 2014. The rating of C is unchanged, though the energy efficiency score decreased by 2.7%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (room heaters, electric).
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The lighting was changed from low energy lighting in 75% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to DE24 1AE

46 th / 81
Price Rank
33% lower than average
30 th / 79
Size Rank
10% smaller than average
43 rd / 79
Price Per Sq FT Rank
26% lower than average

Compared to other properties in DE24 1AE , this flat's estimated value ranks 46th out of 81. Based on price per square foot, it ranks 43th out of 79 properties. In terms of size, this home ranks 30th out of 79 properties in its postcode area.

Sale History

Today
£124,676
streetscan.co.uk estimate
+5 %
15 Nov 2024
£118,500
Leasehold
+8.7 %
25 Mar 2019
£109,000
Leasehold
+2.3 %
23 May 2014
£106,500
Leasehold
-14.8 %
25 Apr 2008
£124,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 646 sq ft
sale price: £117,000
sale date: 18 Feb 2025
rooms: 3
size: 678 sq ft
sale price: £117,000
sale date: 9 Jan 2023
rooms: 3
size: 667 sq ft
sale price: £110,000
sale date: 18 Nov 2022
rooms: 3
size: 721 sq ft
sale price: £130,000
sale date: 4 Nov 2022
rooms: 3
size: 700 sq ft
sale price: £118,500
sale date: 24 Oct 2022

Data Sources

The property at 56 Panama Circle, Derby, DE24 1AE appears four times in the Land Registry records, with the latest transaction recorded on 15 Nov 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Apr 2024. 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.