Average Price for property in Back Lane, Ilkeston, DE7 is around £116,226 which varies based on type of property you are interested in and ranges from £142,902 for detached house to around £92,340 for semi-detached. Similarly terraced house is around £137,323. Values have been changing and have risen £93 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £32 in last 6 months, £5,930 in last 1 year, £10,695 in last 2 years, £11,265 in last 3 years, £10,673 in last 4 years and £10,462 in last 5 years.
Currently average asking price of a property in Back Lane, Ilkeston, DE7 is around £200,218 based on approximately 1 properties for sale. Same is the case with rental options based on 82 properties up for rent, average asking rent is around £3,789 per month.
Estimated property value in Back Lane, Ilkeston, DE7 is £116,226. Average asking price is £200,218 while average price paid is £70,000 which is up by £5,930 and Avg. asking rent £3,789.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Back Lane, Ilkeston, DE7 area. In last 1 year alone average price buyer paid is around £70,000 based on approximately 1 sales in Back Lane, Ilkeston, DE7 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £70,000. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £81,500 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £81,500 per sale.