Empress Road, Derby, DE23

Street Guide For Empress Road, Derby, DE23

 

Empress Road, Derby, DE23 Map

Estimated Price: £172,589
Average Asking Price: £174,391
Price change in last one year: £10,913
Average Price Paid: £148,350
Average Rent Rates: £506

 

Property Prices Breakdown in Empress Road, Derby, DE23

Average Price for property in Empress Road, Derby, DE23 is around £172,589 which varies based on type of property you are interested in and ranges from £318,082 for detached house to around £195,782 for semi-detached. Similarly terraced house is around £135,458 and a flat is worth £93,435. Values have been changing and have risen £622 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,227 in last 6 months, £10,913 in last 1 year, £18,428 in last 2 years, £20,042 in last 3 years, £17,872 in last 4 years and £16,024 in last 5 years.

Currently average asking price of a property in Empress Road, Derby, DE23 is around £174,391 based on approximately 3 properties for sale. Same is the case with rental options based on 88 properties up for rent, average asking rent is around £506 per month.

Estimated property value in Empress Road, Derby, DE23 is £172,589. Average asking price is £174,391 while average price paid is £165,666 which is up by £10,913 and Avg. asking rent £506.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 Empress Road, Derby, DE23 area. In last 1 year alone average price buyer paid is around £165,666 based on approximately 3 sales in Empress Road, Derby, DE23 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £141,428. 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 £148,350 for 10 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £159,500 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 £96,395, £148,956 for a 3 bedroom house, £274,484 for a 4 bedroom house and £490,390 for a 5 bedroom house. For a flat similarly the prices varies from £64,464 for a single bedroom to £99,713 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £158,000. To sum up the asking prices for properties in Empress Road, Derby, DE23 it comes to around average £64,464 for 1 bedroom property, £97,081 for 2 bedroom, £149,028 for 3 bedroom, £274,484 for 4 bedroom and £490,390 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 £658 for 1 bedroom to £452 for 2 bedrooms, £572 for 3 bedrooms, £675 for 4 bedrooms and £949 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £371. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £579 and £425 for 3 bedroom. You should be generally be expecting around average £417 rent per month for single bedroom property, £483 for 2 bedroom, £559 for 3 bedroom, £675 for 4 bedroom and approximately £949 for a 5 bedroom property in Empress Road, Derby, DE23 area.

Popular Houses in Empress Road, Derby, DE23

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 Empress Road, Derby, DE23