Values have been changing and have risen £416 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,180 in last 6 months, £4,904 in last 1 year, £12,700 in last 2 years, £14,472 in last 3 years, £12,659 in last 4 years and £11,296 in last 5 years.
Currently average asking price of a property in City Road, Derby, DE1 is around £211,770 based on approximately 3 properties for sale. Same is the case with rental options based on 187 properties up for rent, average asking rent is around £5,870 per month.
Estimated property value in City Road, Derby, DE1 is £137,513. Average asking price is £211,770 while average price paid is £136,000 which is up by £4,904 and Avg. asking rent £5,870.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 City Road, Derby, DE1 area. In last 1 year alone average price buyer paid is around £136,000 based on approximately 3 sales in City Road, Derby, DE1 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £133,895. 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 £100,873 for 38 and average amount paid for purchase of approx. 57 properties sold in last 7 years comes to about £115,844 per sale.