Meynell Street, New Normanton, Derby, DE23

Street Guide For Meynell Street, New Normanton, Derby, DE23

 

Meynell Street, New Normanton, Derby, DE23 Map

Estimated Price: £88,878
Average Asking Price: £174,044
Price change in last one year: £5,455
Average Price Paid: £85,890
Average Rent Rates: £509

 

Property Prices Breakdown in Meynell Street, New Normanton, Derby, DE23

Average Price for property in Meynell Street, New Normanton, Derby, DE23 is around £88,878 which varies based on type of property you are interested in and ranges from £110,122 for semi-detached to around £85,659 for terraced house. Values have been changing and have risen £311 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £614 in last 6 months, £5,455 in last 1 year, £9,210 in last 2 years, £10,019 in last 3 years, £8,939 in last 4 years and £8,018 in last 5 years.

Currently average asking price of a property in Meynell Street, New Normanton, Derby, DE23 is around £174,044 based on approximately 3 properties for sale. Same is the case with rental options based on 90 properties up for rent, average asking rent is around £509 per month.

Estimated property value in Meynell Street, New Normanton, Derby, DE23 is £88,878. Average asking price is £174,044 while average price paid is £90,983 which is up by £5,455 and Avg. asking rent £509.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 Meynell Street, New Normanton, Derby, DE23 area. In last 1 year alone average price buyer paid is around £90,983 based on approximately 3 sales in Meynell Street, New Normanton, Derby, DE23 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £91,612. 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 £85,890 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £87,350 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 £96,059, £149,906 for a 3 bedroom house, £272,051 for a 4 bedroom house and £490,390 for a 5 bedroom house. For a flat similarly the prices varies from £64,464 for a single bedroom to £99,713 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £158,000. To sum up the asking prices for properties in Meynell Street, New Normanton, Derby, DE23 it comes to around average £64,464 for 1 bedroom property, £96,790 for 2 bedroom, £149,972 for 3 bedroom, £272,051 for 4 bedroom and £490,390 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 £658 for 1 bedroom to £450 for 2 bedrooms, £572 for 3 bedrooms, £675 for 4 bedrooms and £949 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £371. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £579 and £425 for 3 bedroom. You should be generally be expecting around average £417 rent per month for single bedroom property, £482 for 2 bedroom, £559 for 3 bedroom, £675 for 4 bedroom and approximately £949 for a 5 bedroom property in Meynell Street, New Normanton, Derby, DE23 area.

Popular Houses in Meynell Street, New Normanton, Derby, DE23

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 Meynell Street, New Normanton, Derby, DE23