Molineux Street, Derby, DE23

Street Guide For Molineux Street, Derby, DE23

 

Molineux Street, Derby, DE23 Map

Estimated Price: £87,444
Average Asking Price: £174,391
Price change in last one year: £5,761
Average Price Paid: £103,100
Average Rent Rates: £506

 

Property Prices Breakdown in Molineux Street, Derby, DE23

Average Price for property in Molineux Street, Derby, DE23 is around £87,444 e.g. average price for terraced house is around 87,444. Values have been changing and have risen £329 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £649 in last 6 months, £5,761 in last 1 year, £9,726 in last 2 years, £10,579 in last 3 years, £9,439 in last 4 years and £8,466 in last 5 years.

Currently average asking price of a property in Molineux Street, Derby, DE23 is around £174,391 based on approximately 1 properties for sale. Same is the case with rental options based on 88 properties up for rent, average asking rent is around £506 per month.

Estimated property value in Molineux Street, Derby, DE23 is £87,444. Average asking price is £174,391 while average price paid is £125,000 which is up by £5,761 and Avg. asking rent £506.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 Molineux Street, Derby, DE23 area. In last 1 year alone average price buyer paid is around £125,000 based on approximately 1 sales in Molineux Street, Derby, DE23 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £101,500. 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 £103,100 for 5 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £98,062 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 £96,395, £148,956 for a 3 bedroom house, £274,484 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 Molineux Street, Derby, DE23 it comes to around average £64,464 for 1 bedroom property, £97,081 for 2 bedroom, £149,028 for 3 bedroom, £274,484 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 £452 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, £483 for 2 bedroom, £559 for 3 bedroom, £675 for 4 bedroom and approximately £949 for a 5 bedroom property in Molineux Street, Derby, DE23 area.

Popular Houses in Molineux Street, 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 Molineux Street, Derby, DE23