Dronfield

Area Guide For Dronfield

Dronfield is a town in North East Derbyshire in the North Midlands locale of England. It includes the three groups of Dronfield, Dronfield Woodhouse and Coal Aston. It is sited in the valley of the little River Drone, and lies between the town of Chesterfield and the city of Sheffield. The Peak District National Park lies 3 miles to the west. The town's name means open area pervaded with automatons (male bumblebees). Dronfield's populace has expanded significantly in post-war years from 6,500 in 1945 to its present size of a little more than 21,000.

 
 

Dronfield Map

Estimated Price: £217,591
Average Asking Price: £339,342
Price change in last one year: £11,009
Average Price Paid: £190,099
Average Rent Rates: £626

 
 

Property Prices Breakdown in Dronfield

Average Price for property in Dronfield is around £217,591 which varies based on type of property you are interested in and ranges from £286,854 for detached house to around £174,322 for semi-detached. Similarly terraced house is around £145,938 and a flat is worth £116,258. Values have been changing and have risen £682 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,508 in last 6 months, £11,009 in last 1 year, £23,364 in last 2 years, £26,469 in last 3 years, £19,350 in last 4 years and £30,729 in last 5 years.

Currently average asking price of a property in Dronfield is around £339,342 based on approximately 317 properties for sale. Same is the case with rental options based on 29 properties up for rent, average asking rent is around £626 per month.

Estimated property value in Dronfield is £217,591. Average asking price is £339,342 while average price paid is £202,924 which is up by £11,009 and Avg. asking rent £626.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 Dronfield area. In last 1 year alone average price buyer paid is around £202,924 based on approximately 317 sales in Dronfield area alone. If you compare it to last 3 years sales of 996 properties where buyers paid around £192,174. 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 £190,099 for 1,549 and average amount paid for purchase of approx. 2,065 properties sold in last 7 years comes to about £189,204 per sale.

 
 

Properties For Sale in Dronfield

 
 

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 £125,000, £189,817 for a 2 bedroom house, £219,494 for a 3 bedroom house, £382,702 for a 4 bedroom house and £563,327 for a 5 bedroom house. For a flat the prices of 2 bedroom is £109,975. To sum up the asking prices for properties in Dronfield it comes to around average £125,000 for 1 bedroom property, £180,424 for 2 bedroom, £219,494 for 3 bedroom, £382,702 for 4 bedroom and £563,327 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 £399 for 1 bedroom to £616 for 2 bedroom, £691 for 3 bedroom and £1,198 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £423. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £484. You should be generally be expecting around average £417 rent per month for single bedroom property, £565 for 2 bedroom, £691 for 3 bedroom and approximately £1,198 for 5 bedroom property in Dronfield area.

Popular Houses in Dronfield

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.

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