Derwent Road, Ripley, DE5

Street Guide For Derwent Road, Ripley, DE5

 

Derwent Road, Ripley, DE5 Map

Estimated Price: £172,126
Average Asking Price: £187,528
Price change in last one year: £9,801
Average Price Paid: £136,206
Average Rent Rates: £3,243

 

Property Prices Breakdown in Derwent Road, Ripley, DE5

Average Price for property in Derwent Road, Ripley, DE5 is around £172,126 which varies based on type of property you are interested in and ranges from £171,367 for detached house to around £172,506 for semi-detached. Values have been changing and have risen £631 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,226 in last 6 months, £9,801 in last 1 year, £16,159 in last 2 years, £18,194 in last 3 years, £18,151 in last 4 years and £14,513 in last 5 years.

Currently average asking price of a property in Derwent Road, Ripley, DE5 is around £187,528 based on approximately 5 properties for sale. Same is the case with rental options based on 34 properties up for rent, average asking rent is around £3,243 per month.

Estimated property value in Derwent Road, Ripley, DE5 is £172,126. Average asking price is £187,528 while average price paid is £140,590 which is up by £9,801 and Avg. asking rent £3,243.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 Road, Ripley, DE5 area. In last 1 year alone average price buyer paid is around £140,590 based on approximately 5 sales in Derwent Road, Ripley, DE5 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £127,764. 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 £136,206 for 15 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £135,417 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 2 bedroom is around £120,409, £172,180 for a 3 bedroom house, £236,483 for a 4 bedroom house and £353,317 for a 5 bedroom house. For a flat similarly the prices varies from £79,995 for a single bedroom to £79,500 for a 3 bedroom Flat. To sum up the asking prices for properties in Derwent Road, Ripley, DE5 it comes to around average £79,995 for 1 bedroom property, £120,409 for 2 bedroom, £170,685 for 3 bedroom, £236,483 for 4 bedroom and £353,317 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 £405 for 1 bedroom to £459 for 2 bedroom, £605 for 3 bedroom and £550 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £401. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £420 and £477 for 3 bedroom. You should be generally be expecting around average £403 rent per month for single bedroom property, £445 for 2 bedroom, £562 for 3 bedroom and approximately £550 for 4 bedroom property in Derwent Road, Ripley, DE5 area.

Popular Houses in Derwent Road, Ripley, DE5

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 Road, Ripley, DE5