Hope Valley

Area Guide For Hope Valley

The Hope Valley is a rustic range fixated on the town of Hope, Derbyshire in the Peak District in the northern Midlands of England.

The name additionally applies to the post town that incorporates the encompassing town.

There is proof that Hope has been to a great degree critical in the locale all through its long history. The town is specified in the Domesday Book of 1086 as having both a cleric and a congregation, the main place in north Derbyshire to have such status at the time. St. Subside's Church, inverse the Old Hall open house, dates from around the thirteenth century.

 
 

Hope Valley Map

Estimated Price: £375,842
Average Asking Price: £378,414
Price change in last one year: £26,691
Average Price Paid: £324,839
Average Rent Rates: £797

 
 

Property Prices Breakdown in Hope Valley

Average Price for property in Hope Valley is around £375,842 which varies based on type of property you are interested in and ranges from £526,317 for detached house to around £290,065 for semi-detached. Similarly terraced house is around £237,392 and a flat is worth £321,296. Values have been changing and have risen £3,049 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,829 in last 6 months, £26,691 in last 1 year, £47,619 in last 2 years, £50,128 in last 3 years, £41,735 in last 4 years and £31,206 in last 5 years.

Currently average asking price of a property in Hope Valley is around £378,414 based on approximately 119 properties for sale. Same is the case with rental options based on 13 properties up for rent, average asking rent is around £797 per month.

Estimated property value in Hope Valley is £375,842. Average asking price is £378,414 while average price paid is £355,470 which is up by £26,691 and Avg. asking rent £797.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 Hope Valley area. In last 1 year alone average price buyer paid is around £355,470 based on approximately 119 sales in Hope Valley area alone. If you compare it to last 3 years sales of 414 properties where buyers paid around £334,115. 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 £324,839 for 625 and average amount paid for purchase of approx. 842 properties sold in last 7 years comes to about £320,425 per sale.

 
 

Properties For Sale in Hope Valley

 
 

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 £179,950, £205,795 for a 2 bedroom house, £333,329 for a 3 bedroom house, £525,313 for a 4 bedroom house and £723,333 for a 5 bedroom house. For a flat similarly the prices varies from £206,492 for a 2 bedroom to £308,317 for a 3 bedroom Flat. To sum up the asking prices for properties in Hope Valley it comes to around average £179,950 for 1 bedroom property, £206,054 for 2 bedroom, £331,122 for 3 bedroom, £525,313 for 4 bedroom and £723,333 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 £574 for 2 bedroom to £829 for 3 bedroom, £1,300 for 4 bedroom and £1,250 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £550. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £464. You should be generally be expecting around average £550 rent per month for single bedroom property, £537 for 2 bedroom, £829 for 3 bedroom, £1,300 for 4 bedroom and approximately £1,250 for a 5 bedroom property in Hope Valley area.

Popular Houses in Hope Valley

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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