Chain Lane, Mickleover, Derby, DE3

Street Guide For Chain Lane, Mickleover, Derby, DE3

 

Chain Lane, Mickleover, Derby, DE3 Map

Estimated Price: £213,474
Average Asking Price: £238,320
Price change in last one year: £11,729
Average Price Paid: £194,779
Average Rent Rates: £729

 

Property Prices Breakdown in Chain Lane, Mickleover, Derby, DE3

Average Price for property in Chain Lane, Mickleover, Derby, DE3 is around £213,474 which varies based on type of property you are interested in and ranges from £246,710 for detached house to around £205,720 for semi-detached. Values have been changing and have risen £296 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £974 in last 6 months, £11,729 in last 1 year, £19,856 in last 2 years, £21,050 in last 3 years, £21,253 in last 4 years and £15,397 in last 5 years.

Currently average asking price of a property in Chain Lane, Mickleover, Derby, DE3 is around £238,320 based on approximately 4 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £729 per month.

Estimated property value in Chain Lane, Mickleover, Derby, DE3 is £213,474. Average asking price is £238,320 while average price paid is £221,462 which is up by £11,729 and Avg. asking rent £729.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 Chain Lane, Mickleover, Derby, DE3 area. In last 1 year alone average price buyer paid is around £221,462 based on approximately 4 sales in Chain Lane, Mickleover, Derby, DE3 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £210,391. 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 £194,779 for 12 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £181,386 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £160,000, £216,083 for a 3 bedroom house, £268,737 for a 4 bedroom house and £423,317 for a 5 bedroom house. For a flat similarly the prices varies from £119,950 for a single bedroom to £147,667 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £200,000. To sum up the asking prices for properties in Chain Lane, Mickleover, Derby, DE3 it comes to around average £119,950 for 1 bedroom property, £151,778 for 2 bedroom, £215,078 for 3 bedroom, £268,737 for 4 bedroom and £423,317 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £498 for 1 bedroom to £537 for 2 bedroom, £676 for 3 bedroom and £1,090 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £667. You should be generally be expecting around average £498 rent per month for single bedroom property, £593 for 2 bedroom, £676 for 3 bedroom and approximately £1,090 for 4 bedroom property in Chain Lane, Mickleover, Derby, DE3 area.

Popular Houses in Chain Lane, Mickleover, Derby, DE3

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Chain Lane, Mickleover, Derby, DE3