Average Price for property in Merchant Avenue, Spondon, Derby, DE21 is around £118,454 which varies based on type of property you are interested in and ranges from £110,890 for detached house to around £118,655 for semi-detached. Similarly terraced house is around £116,553. Values have been changing and have risen £32 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £442 in last 6 months, £5,617 in last 1 year, £12,412 in last 2 years, £13,686 in last 3 years, £12,542 in last 4 years and £10,793 in last 5 years.
Currently average asking price of a property in Merchant Avenue, Spondon, Derby, DE21 is around £213,490 based on approximately 2 properties for sale. Same is the case with rental options based on 70 properties up for rent, average asking rent is around £1,720 per month.
Estimated property value in Merchant Avenue, Spondon, Derby, DE21 is £118,454. Average asking price is £213,490 while average price paid is £111,000 which is up by £5,617 and Avg. asking rent £1,720.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 Merchant Avenue, Spondon, Derby, DE21 area. In last 1 year alone average price buyer paid is around £111,000 based on approximately 2 sales in Merchant Avenue, Spondon, Derby, DE21 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £113,500. 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 £114,000 for 9 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £108,346 per sale.