Average Price for property in Borrowash Road, Spondon, Derby, DE21 is around £200,025 which varies based on type of property you are interested in and ranges from £236,926 for detached house to around £157,853 for semi-detached. Values have been changing and have risen £53 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £717 in last 6 months, £9,073 in last 1 year, £20,052 in last 2 years, £22,105 in last 3 years, £20,255 in last 4 years and £17,424 in last 5 years.
Currently average asking price of a property in Borrowash Road, Spondon, Derby, DE21 is around £213,490 based on approximately 2 properties for sale. Same is the case with rental options based on 70 properties up for rent, average asking rent is around £1,720 per month.
Estimated property value in Borrowash Road, Spondon, Derby, DE21 is £200,025. Average asking price is £213,490 while average price paid is £148,250 which is up by £9,073 and Avg. asking rent £1,720.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 Borrowash Road, Spondon, Derby, DE21 area. In last 1 year alone average price buyer paid is around £148,250 based on approximately 2 sales in Borrowash Road, Spondon, Derby, DE21 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £147,875. 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 £153,100 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £160,250 per sale.