DE1

Real Estate Area Guide For DE1

 

DE1 Map

Estimated Price: £143,973
Average Asking Price: £211,382
Price change in last one year: £5,490
Average Price Paid: £123,571
Average Rent Rates: £5,958

 

Property Prices Breakdown in DE1

Average Price for property in DE1 is around £143,973 which varies based on type of property you are interested in and ranges from £278,944 for detached house to around £158,467 for semi-detached. Similarly terraced house is around £142,600 and a flat is worth £121,420. Values have been changing and have risen £465 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,320 in last 6 months, £5,490 in last 1 year, £14,218 in last 2 years, £16,199 in last 3 years, £14,170 in last 4 years and £12,644 in last 5 years.

Currently average asking price of a property in DE1 is around £211,382 based on approximately 144 properties for sale. Same is the case with rental options based on 186 properties up for rent, average asking rent is around £5,958 per month.

Estimated property value in DE1 is £143,973. Average asking price is £211,382 while average price paid is £134,093 which is up by £5,490 and Avg. asking rent £5,958.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 DE1 area. In last 1 year alone average price buyer paid is around £134,093 based on approximately 144 sales in DE1 area alone. If you compare it to last 3 years sales of 433 properties where buyers paid around £128,207. 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 £123,571 for 741 and average amount paid for purchase of approx. 1,094 properties sold in last 7 years comes to about £127,475 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 1 bedroom is around £84,950, £113,038 for a 2 bedroom house, £154,693 for a 3 bedroom house, £203,580 for a 4 bedroom house and £125,000 for a 5 bedroom house. For a flat similarly the prices varies from £70,487 for a single bedroom to £91,391 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £99,950. To sum up the asking prices for properties in DE1 it comes to around average £72,094 for 1 bedroom property, £97,294 for 2 bedroom, £151,043 for 3 bedroom, £203,580 for 4 bedroom and £125,000 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 £458 for 1 bedroom to £485 for 2 bedrooms, £568 for 3 bedrooms, £571 for 4 bedrooms and £295 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £398. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £576 and £238 for 3 bedroom. You should be generally be expecting around average £419 rent per month for single bedroom property, £556 for 2 bedroom, £517 for 3 bedroom, £571 for 4 bedroom and approximately £295 for a 5 bedroom property in DE1 area.

Popular Houses in DE1

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.

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