Values have been changing and have risen £8 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £256 in last 6 months, £5,451 in last 1 year, £11,487 in last 2 years, £14,375 in last 3 years, £12,718 in last 4 years and £10,612 in last 5 years.
Currently average asking price of a property in Derwent Drive, Peterborough, PE4 is around £170,778 based on approximately 1 properties for sale. Same is the case with rental options based on 49 properties up for rent, average asking rent is around £814 per month.
Estimated property value in Derwent Drive, Peterborough, PE4 is £123,996. Average asking price is £170,778 while average price paid is £133,000 which is up by £5,451 and Avg. asking rent £814.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 Drive, Peterborough, PE4 area. In last 1 year alone average price buyer paid is around £133,000 based on approximately 1 sales in Derwent Drive, Peterborough, PE4 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £133,000. 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 £109,750 for 4 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £103,246 per sale.