Great Northern Road, Derby, DE1

Street Guide For Great Northern Road, Derby, DE1

 

Great Northern Road, Derby, DE1 Map

Estimated Price: £94,819
Average Asking Price: £211,770
Price change in last one year: £3,486
Average Price Paid: £68,954
Average Rent Rates: £5,870

 

Property Prices Breakdown in Great Northern Road, Derby, DE1

Average Price for property in Great Northern Road, Derby, DE1 is around £94,819 which varies based on type of property you are interested in and ranges from £127,773 for detached house to around £136,501 for semi-detached. Similarly terraced house is around £107,294 and a flat is worth £85,409. Values have been changing and have risen £295 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £839 in last 6 months, £3,486 in last 1 year, £9,029 in last 2 years, £10,291 in last 3 years, £9,004 in last 4 years and £8,037 in last 5 years.

Currently average asking price of a property in Great Northern Road, Derby, DE1 is around £211,770 based on approximately 3 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 Great Northern Road, Derby, DE1 is £94,819. Average asking price is £211,770 while average price paid is £89,333 which is up by £3,486 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 Great Northern Road, Derby, DE1 area. In last 1 year alone average price buyer paid is around £89,333 based on approximately 3 sales in Great Northern Road, Derby, DE1 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £86,600. 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 £68,954 for 12 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £75,234 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 Great Northern Road, 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 Great Northern Road, Derby, DE1 area.

Popular Houses in Great Northern Road, 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 Great Northern Road, Derby, DE1