Derbyshire

Area Guide For Derbyshire

A county known for its diversity, Derbyshire is also home to the city of Derby, found in 1977, making it the most recent city in the country. It has a strong cultural scene with tourism also thriving thanks to a city centre that pulls visitors. Families also have much to thank for, with parks, children’s playgrounds and a lot of places to see. A breathtaking countryside also awaits residents and visitors, as they head out to experience towns like Chesterfield and Bakewell. Property in the county isn’t too expensive, but renting can be a little hard on the pocket. The county itself is neighboured by areas like South Yorkshire, Greater Manchester and Cheshire, while the city of Derby is located towards the south edge.

 

 
 

Derbyshire Map

Estimated Price: £183,865
Average Asking Price: £326,603
Price change in last one year: £9,671
Average Price Paid: £162,071
Average Rent Rates: £6,587

 
 

Property Prices Breakdown in Derbyshire

Average Price for property in Derbyshire is around £183,865 which varies based on type of property you are interested in and ranges from £269,794 for detached house to around £150,260 for semi-detached. Similarly terraced house is around £121,811 and a flat is worth £127,127. Values have been changing and have risen £583 in last 6 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,671 in last 1 year, £20,654 in last 2 years, £20,443 in 3 years, £18,268 in last 4 years and £17,329 in 5 years.

Currently average asking price of a property in Derbyshire is around £326,603 based on approximately 12,594 properties for sale. Same is the case with rental options based on 1,831 properties up for rent, average asking rent is around £6,587 per month.

Estimated property value in Derbyshire is £183,865. Average asking price is £326,603 while average price paid is £168,520 which is up by £9,671 and Avg. asking rent £6,587.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 Derbyshire area. In last 1 year alone average price buyer paid is around £168,520 based on approximately 12,594 sales in Derbyshire area alone. If you compare it to last 3 years sales of 35,989 properties where buyers paid around £164,056. 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 £162,071 for 57,252 and average amount paid for purchase of approx. 77,270 properties sold in last 7 years comes to about £161,179 per sale.

 
 

Properties For Sale in Derbyshire

 
 

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 £156,899, £130,951 for a 2 bedroom house, £191,939 for a 3 bedroom house, £332,699 for a 4 bedroom house and £487,738 for a 5 bedroom house. For a flat similarly the prices varies from £86,886 for a single bedroom to £127,324 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £198,995 and £291,225 for a 4 bedroom flat. To sum up the asking prices for properties in Derbyshire it comes to around average £113,227 for 1 bedroom property, £130,343 for 2 bedroom, £192,055 for 3 bedroom, £332,593 for 4 bedroom and £487,738 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 £485 for 1 bedroom to £503 for 2 bedrooms, £602 for 3 bedrooms, £739 for 4 bedrooms and £1,022 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £402. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £546, £679 for 3 bedroom and £750 for 4 bedroom. You should be generally be expecting around average £427 rent per month for single bedroom property, £517 for 2 bedroom, £606 for 3 bedroom, £739 for 4 bedroom and approximately £1,022 for a 5 bedroom property in Derbyshire area.

Popular Houses in Derbyshire

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.

Sold Properties in Derbyshire

Areas in and around Derbyshire