Lang Road, Alvaston, Derby, DE24

Street Guide For Lang Road, Alvaston, Derby, DE24

 

Lang Road, Alvaston, Derby, DE24 Map

Estimated Price: £114,901
Average Asking Price: £188,980
Price change in last one year: £4,170
Average Price Paid: £89,400
Average Rent Rates: £3,115

 

Property Prices Breakdown in Lang Road, Alvaston, Derby, DE24

Average Price for property in Lang Road, Alvaston, Derby, DE24 is around £114,901 which varies based on type of property you are interested in and ranges from £115,290 for semi-detached to around £110,817 for terraced house. Values have been changing and have risen £5 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11 in last 6 months, £4,170 in last 1 year, £11,137 in last 2 years, £12,870 in last 3 years, £10,224 in last 4 years and £9,667 in last 5 years.

Currently average asking price of a property in Lang Road, Alvaston, Derby, DE24 is around £188,980 based on approximately 1 properties for sale. Same is the case with rental options based on 96 properties up for rent, average asking rent is around £3,115 per month.

Estimated property value in Lang Road, Alvaston, Derby, DE24 is £114,901. Average asking price is £188,980 while average price paid is £87,000 which is up by £4,170 and Avg. asking rent £3,115.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 Lang Road, Alvaston, Derby, DE24 area. In last 1 year alone average price buyer paid is around £87,000 based on approximately 1 sales in Lang Road, Alvaston, Derby, DE24 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £85,000. 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 £89,400 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £88,520 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 £64,667, £103,721 for a 2 bedroom house, £124,059 for a 3 bedroom house, £226,604 for a 4 bedroom house and £172,129 for a 5 bedroom house. For a flat similarly the prices varies from £54,000 for a single bedroom to £78,173 for a 2 bedroom Flat. To sum up the asking prices for properties in Lang Road, Alvaston, Derby, DE24 it comes to around average £59,818 for 1 bedroom property, £100,335 for 2 bedroom, £124,059 for 3 bedroom, £226,604 for 4 bedroom and £172,129 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 £394 for 1 bedroom to £479 for 2 bedroom, £599 for 3 bedroom and £728 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £390. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £534 and £451 for 3 bedroom. You should be generally be expecting around average £391 rent per month for single bedroom property, £496 for 2 bedroom, £591 for 3 bedroom and approximately £728 for 4 bedroom property in Lang Road, Alvaston, Derby, DE24 area.

Popular Houses in Lang Road, Alvaston, Derby, DE24

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 Lang Road, Alvaston, Derby, DE24