Average Price for property in Derry is around £152,264 which varies based on type of property you are interested in and ranges from £202,544 for detached house to around £128,079 for semi-detached. Similarly terraced house is around £99,794 and a flat is worth £104,660. Values have been changing and have risen £232 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,374 in last 6 months, £8,567 in last 1 year, £15,554 in last 2 years, £14,813 in last 3 years, £6,393 in last 4 years and £254 in last 5 years.
Currently average asking price of a property in Derry is around £259,133 based on approximately 1 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £586 per month.
Estimated property value in Derry is £152,264. Average asking price is £259,133 while average price paid is £113,500 which is up by £8,567 and Avg. asking rent £586.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 Derry area. In last 1 year alone average price buyer paid is around £113,500 based on approximately 1 sales in Derry area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £113,500. 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 £113,500 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £113,500 per sale.