Londonderry

Area Guide For Londonderry

Derry or Londonderry is the second-biggest city in Northern Ireland and the fourth-biggest city on the island of Ireland. The name Derry is an anglicisation of the Irish name Doire or Doire Cholmcille, (Old Irish "Dhoire") meaning "oak-wood of Colmcille". In 1613, the city was granted a Royal Charter by King James I and the "London" prefix was added, changing the name of the city to Londonderry. While the city is more usually known as Derry, Londonderry is also used and remains the legal name. The old walled city lies on the west bank of the River Foyle, which is spanned by two road bridges and one footbridge. The city now covers both banks (Cityside on the west and Waterside on the east). The city district also extends to rural areas to the southeast. The population of the city proper (the area defined by its 17th-century charter) was 83,652 in the 2001 Census, while the Derry Urban Area had a population of 90,663. The Derry City Council area had a population of 107,300 as of June 2006. The district is administered by Derry City Council and contains both Londonderry Port and City of Derry Airport. The Greater Derry area, that area within about 20 miles (32 km) of the city, has a

 
 

Londonderry Map

Estimated Price: £166,745
Average Asking Price: £179,135
Price change in last one year: £9,704
Average Price Paid: --
Average Rent Rates: £396

 
 

Property Prices Breakdown in Londonderry

Average Price for property in Londonderry is around £166,745 which varies based on type of property you are interested in and ranges from £218,685 for detached house to around £130,936 for semi-detached. Similarly terraced house is around £104,368 and a flat is worth £118,895. Values have been changing and have risen £263 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,556 in last 6 months, £9,704 in last 1 year, £17,617 in last 2 years, £16,776 in last 3 years, £7,238 in last 4 years and £283 in last 5 years.

Currently average asking price of a property in Londonderry is around £179,135 based on approximately 0 properties for sale. Same is the case with rental options based on 13 properties up for rent, average asking rent is around £396 per month.

 
 

Properties For Sale in Londonderry

 
 

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 £50,000, £99,315 for a 3 bedroom house, £189,000 for a 4 bedroom house and £202,475 for a 5 bedroom house. For a flat the prices of 2 bedroom is £70,000. To sum up the asking prices for properties in Londonderry it comes to around average £60,000 for 2 bedroom property, £99,315 for 3 bedroom, £189,000 for 4 bedroom and £202,475 for 5 bedroom.

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 £431 for 3 bedroom to £598 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £342. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £429, £327 for 3 bedroom and £195 for 4 bedroom. You should be generally be expecting around average £342 rent per month for single bedroom property, £429 for 2 bedroom, £396 for 3 bedroom, £195 for 4 bedroom and approximately £598 for a 5 bedroom property in Londonderry area.

Popular Houses in Londonderry

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 Londonderry