Average Price for property in Chapel Lane, Spondon, Derby, DE21 is around £180,041 which varies based on type of property you are interested in and ranges from £242,703 for detached house to around £173,107 for semi-detached. Similarly terraced house is around £124,223. Values have been changing and have risen £46 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £628 in last 6 months, £7,957 in last 1 year, £17,581 in last 2 years, £19,381 in last 3 years, £17,760 in last 4 years and £15,278 in last 5 years.
Currently average asking price of a property in Chapel Lane, 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 Chapel Lane, Spondon, Derby, DE21 is £180,041. Average asking price is £213,490 while average price paid is £113,500 which is up by £7,957 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 Chapel Lane, Spondon, Derby, DE21 area. In last 1 year alone average price buyer paid is around £113,500 based on approximately 2 sales in Chapel Lane, Spondon, Derby, DE21 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £135,550. 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 £136,219 for 16 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £127,159 per sale.