Derwent Avenue, Milford, Belper, DE56

Street Guide For Derwent Avenue, Milford, Belper, DE56

 

Derwent Avenue, Milford, Belper, DE56 Map

Estimated Price: £161,488
Average Asking Price: £255,351
Price change in last one year: £7,430
Average Price Paid: £152,550
Average Rent Rates: £774

 

Property Prices Breakdown in Derwent Avenue, Milford, Belper, DE56

Average Price for property in Derwent Avenue, Milford, Belper, DE56 is around £161,488 which varies based on type of property you are interested in and ranges from £179,580 for detached house to around £159,360 for semi-detached. Values have been changing and have risen £132 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £510 in last 6 months, £7,430 in last 1 year, £13,929 in last 2 years, £15,347 in last 3 years, £13,681 in last 4 years and £12,186 in last 5 years.

Currently average asking price of a property in Derwent Avenue, Milford, Belper, DE56 is around £255,351 based on approximately 2 properties for sale. Same is the case with rental options based on 76 properties up for rent, average asking rent is around £774 per month.

Estimated property value in Derwent Avenue, Milford, Belper, DE56 is £161,488. Average asking price is £255,351 while average price paid is £167,000 which is up by £7,430 and Avg. asking rent £774.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 Derwent Avenue, Milford, Belper, DE56 area. In last 1 year alone average price buyer paid is around £167,000 based on approximately 2 sales in Derwent Avenue, Milford, Belper, DE56 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £153,714. 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 £152,550 for 10 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £153,681 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 £102,559, £179,789 for a 2 bedroom house, £211,940 for a 3 bedroom house, £346,002 for a 4 bedroom house and £508,515 for a 5 bedroom house. For a flat similarly the prices varies from £74,625 for a single bedroom to £161,050 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £114,133. To sum up the asking prices for properties in Derwent Avenue, Milford, Belper, DE56 it comes to around average £91,386 for 1 bedroom property, £176,869 for 2 bedroom, £209,272 for 3 bedroom, £346,002 for 4 bedroom and £508,515 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 £431 for 1 bedroom to £529 for 2 bedroom, £635 for 3 bedroom and £853 for 4 bedroom. 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 £496 and £971 for 3 bedroom. You should be generally be expecting around average £410 rent per month for single bedroom property, £521 for 2 bedroom, £683 for 3 bedroom and approximately £853 for 4 bedroom property in Derwent Avenue, Milford, Belper, DE56 area.

Popular Houses in Derwent Avenue, Milford, Belper, DE56

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.

Areas in and around Derwent Avenue, Milford, Belper, DE56