Average Price for property in Derby is around £184,316 which varies based on type of property you are interested in and ranges from £273,887 for detached house to around £154,696 for semi-detached. Similarly terraced house is around £123,930 and a flat is worth £118,419. Values have been changing and have risen £1,182 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,268 in last 6 months, £9,766 in last 1 year, £22,808 in last 2 years, £24,347 in last 3 years, £22,263 in last 4 years and £20,073 in last 5 years.
Currently average asking price of a property in Derby is around £533,756 based on approximately 4,337 properties for sale. Same is the case with rental options based on 820 properties up for rent, average asking rent is around £12,301 per month.
Estimated property value in Derby is £184,316. Average asking price is £533,756 while average price paid is £168,060 which is up by £9,766 and Avg. asking rent £12,301.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 Derby area. In last 1 year alone average price buyer paid is around £168,060 based on approximately 4,337 sales in Derby area alone. If you compare it to last 3 years sales of 12,234 properties where buyers paid around £164,051. 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 £159,809 for 19,772 and average amount paid for purchase of approx. 26,934 properties sold in last 7 years comes to about £158,183 per sale.