Lodge Way, Mickleover, Derby, DE3

Street Guide For Lodge Way, Mickleover, Derby, DE3

 

Lodge Way, Mickleover, Derby, DE3 Map

Estimated Price: £209,115
Average Asking Price: £238,320
Price change in last one year: £11,323
Average Price Paid: £175,375
Average Rent Rates: £729

 

Property Prices Breakdown in Lodge Way, Mickleover, Derby, DE3

Average Price for property in Lodge Way, Mickleover, Derby, DE3 is around £209,115 which varies based on type of property you are interested in and ranges from £256,144 for detached house to around £191,478 for semi-detached. Values have been changing and have risen £286 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £942 in last 6 months, £11,323 in last 1 year, £19,169 in last 2 years, £20,323 in last 3 years, £20,519 in last 4 years and £14,864 in last 5 years.

Currently average asking price of a property in Lodge Way, Mickleover, Derby, DE3 is around £238,320 based on approximately 1 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £729 per month.

Estimated property value in Lodge Way, Mickleover, Derby, DE3 is £209,115. Average asking price is £238,320 while average price paid is £212,500 which is up by £11,323 and Avg. asking rent £729.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 Lodge Way, Mickleover, Derby, DE3 area. In last 1 year alone average price buyer paid is around £212,500 based on approximately 1 sales in Lodge Way, Mickleover, Derby, DE3 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £178,166. 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 £175,375 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £165,583 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 £160,000, £216,083 for a 3 bedroom house, £268,737 for a 4 bedroom house and £423,317 for a 5 bedroom house. For a flat similarly the prices varies from £119,950 for a single bedroom to £147,667 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £200,000. To sum up the asking prices for properties in Lodge Way, Mickleover, Derby, DE3 it comes to around average £119,950 for 1 bedroom property, £151,778 for 2 bedroom, £215,078 for 3 bedroom, £268,737 for 4 bedroom and £423,317 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 £498 for 1 bedroom to £537 for 2 bedroom, £676 for 3 bedroom and £1,090 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £667. You should be generally be expecting around average £498 rent per month for single bedroom property, £593 for 2 bedroom, £676 for 3 bedroom and approximately £1,090 for 4 bedroom property in Lodge Way, Mickleover, Derby, DE3 area.

Popular Houses in Lodge Way, Mickleover, Derby, DE3

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 Lodge Way, Mickleover, Derby, DE3