Gower Street, Derby, DE1

Street Guide For Gower Street, Derby, DE1

 

Gower Street, Derby, DE1 Map

Estimated Price: £109,924
Average Asking Price: £211,770
Price change in last one year: £4,210
Average Price Paid: £75,500
Average Rent Rates: £5,870

 

Property Prices Breakdown in Gower Street, Derby, DE1

Average Price for property in Gower Street, Derby, DE1 is around £109,924 e.g. average price for a flat is around 109,924. Values have been changing and have risen £357 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,014 in last 6 months, £4,210 in last 1 year, £10,903 in last 2 years, £12,425 in last 3 years, £10,872 in last 4 years and £9,704 in last 5 years.

Currently average asking price of a property in Gower Street, Derby, DE1 is around £211,770 based on approximately 1 properties for sale. Same is the case with rental options based on 187 properties up for rent, average asking rent is around £5,870 per month.

Estimated property value in Gower Street, Derby, DE1 is £109,924. Average asking price is £211,770 while average price paid is £75,500 which is up by £4,210 and Avg. asking rent £5,870.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 Gower Street, Derby, DE1 area. In last 1 year alone average price buyer paid is around £75,500 based on approximately 1 sales in Gower Street, Derby, DE1 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £75,500. 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 £75,500 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £75,500 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 1 bedroom is around £84,950, £113,038 for a 2 bedroom house, £155,050 for a 3 bedroom house, £203,580 for a 4 bedroom house and £125,000 for a 5 bedroom house. For a flat similarly the prices varies from £70,487 for a single bedroom to £91,984 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £99,950. To sum up the asking prices for properties in Gower Street, Derby, DE1 it comes to around average £72,094 for 1 bedroom property, £97,476 for 2 bedroom, £151,377 for 3 bedroom, £203,580 for 4 bedroom and £125,000 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 £472 for 1 bedroom to £483 for 2 bedrooms, £570 for 3 bedrooms, £536 for 4 bedrooms and £295 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £396. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £597 and £238 for 3 bedroom. You should be generally be expecting around average £420 rent per month for single bedroom property, £572 for 2 bedroom, £519 for 3 bedroom, £536 for 4 bedroom and approximately £295 for a 5 bedroom property in Gower Street, Derby, DE1 area.

Popular Houses in Gower Street, Derby, DE1

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 Gower Street, Derby, DE1