Values have been changing and have risen £5 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9 in last 6 months, £3,817 in last 1 year, £10,194 in last 2 years, £11,781 in last 3 years, £9,359 in last 4 years and £8,850 in last 5 years.
Currently average asking price of a property in Colwell Drive, Alvaston, Derby, DE24 is around £188,980 based on approximately 2 properties for sale. Same is the case with rental options based on 96 properties up for rent, average asking rent is around £3,115 per month.
Estimated property value in Colwell Drive, Alvaston, Derby, DE24 is £105,916. Average asking price is £188,980 while average price paid is £90,750 which is up by £3,817 and Avg. asking rent £3,115.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 Colwell Drive, Alvaston, Derby, DE24 area. In last 1 year alone average price buyer paid is around £90,750 based on approximately 2 sales in Colwell Drive, Alvaston, Derby, DE24 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £90,750. 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 £82,833 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £82,833 per sale.