Values have been changing and have risen £223 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,263 in last 6 months, £4,912 in last 1 year, £8,157 in last 2 years, £8,370 in last 3 years, £5,835 in last 4 years and £4,651 in last 5 years.
Currently average asking price of a property in Derwent Road, Scunthorpe, DN16 is around £124,598 based on approximately 1 properties for sale. Same is the case with rental options based on 76 properties up for rent, average asking rent is around £613 per month.
Estimated property value in Derwent Road, Scunthorpe, DN16 is £86,210. Average asking price is £124,598 while average price paid is £62,500 which is up by £4,912 and Avg. asking rent £613.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, Scunthorpe, DN16 area. In last 1 year alone average price buyer paid is around £62,500 based on approximately 1 sales in Derwent Road, Scunthorpe, DN16 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £62,500. 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 £82,500 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £82,500 per sale.