Average Price for property in Mear Drive, Borrowash, Derby, DE72 is around £247,598 which varies based on type of property you are interested in and ranges from £258,538 for detached house to around £143,728 for semi-detached. Similarly terraced house is around £139,532. Values have been changing and have risen £547 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,068 in last 6 months, £10,899 in last 1 year, £23,941 in last 2 years, £25,442 in last 3 years, £21,799 in last 4 years and £20,961 in last 5 years.
Currently average asking price of a property in Mear Drive, Borrowash, Derby, DE72 is around £290,750 based on approximately 2 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £1,042 per month.
Estimated property value in Mear Drive, Borrowash, Derby, DE72 is £247,598. Average asking price is £290,750 while average price paid is £149,000 which is up by £10,899 and Avg. asking rent £1,042.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 Mear Drive, Borrowash, Derby, DE72 area. In last 1 year alone average price buyer paid is around £149,000 based on approximately 2 sales in Mear Drive, Borrowash, Derby, DE72 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £189,388. 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 £202,192 for 13 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £201,249 per sale.