Derwent Road, Urmston, Manchester, M41

Street Guide For Derwent Road, Urmston, Manchester, M41

 

Derwent Road, Urmston, Manchester, M41 Map

Estimated Price: £193,868
Average Asking Price: £220,891
Price change in last one year: £15,297
Average Price Paid: £164,333
Average Rent Rates: £678

 

Property Prices Breakdown in Derwent Road, Urmston, Manchester, M41

Average Price for property in Derwent Road, Urmston, Manchester, M41 is around £193,868 which varies based on type of property you are interested in and ranges from £256,883 for detached house to around £188,930 for semi-detached. Similarly terraced house is around £176,313. Values have been changing and have risen £901 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,686 in last 6 months, £15,297 in last 1 year, £21,718 in last 2 years, £25,291 in last 3 years, £23,693 in last 4 years and £21,200 in last 5 years.

Currently average asking price of a property in Derwent Road, Urmston, Manchester, M41 is around £220,891 based on approximately 6 properties for sale. Same is the case with rental options based on 26 properties up for rent, average asking rent is around £678 per month.

Estimated property value in Derwent Road, Urmston, Manchester, M41 is £193,868. Average asking price is £220,891 while average price paid is £176,750 which is up by £15,297 and Avg. asking rent £678.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, Urmston, Manchester, M41 area. In last 1 year alone average price buyer paid is around £176,750 based on approximately 6 sales in Derwent Road, Urmston, Manchester, M41 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £164,178. 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 £164,333 for 21 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £163,434 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 £201,609, £226,534 for a 3 bedroom house, £298,741 for a 4 bedroom house and £419,999 for a 5 bedroom house. For a flat similarly the prices varies from £84,700 for a single bedroom to £117,867 for a 2 bedroom Flat. To sum up the asking prices for properties in Derwent Road, Urmston, Manchester, M41 it comes to around average £84,700 for 1 bedroom property, £171,894 for 2 bedroom, £226,534 for 3 bedroom, £298,741 for 4 bedroom and £419,999 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 £648 for 2 bedroom to £776 for 3 bedroom and £1,499 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £474. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £589 and £750 for 3 bedroom. You should be generally be expecting around average £474 rent per month for single bedroom property, £619 for 2 bedroom, £772 for 3 bedroom and approximately £1,499 for 5 bedroom property in Derwent Road, Urmston, Manchester, M41 area.

Popular Houses in Derwent Road, Urmston, Manchester, M41

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, Urmston, Manchester, M41