Morley Road, Chaddesden, Derby, DE21

Street Guide For Morley Road, Chaddesden, Derby, DE21

 

Morley Road, Chaddesden, Derby, DE21 Map

Estimated Price: £221,153
Average Asking Price: £213,084
Price change in last one year: £10,120
Average Price Paid: £174,355
Average Rent Rates: £1,721

 

Property Prices Breakdown in Morley Road, Chaddesden, Derby, DE21

Average Price for property in Morley Road, Chaddesden, Derby, DE21 is around £221,153 which varies based on type of property you are interested in and ranges from £244,407 for detached house to around £179,815 for semi-detached. Values have been changing and have risen £59 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £799 in last 6 months, £10,120 in last 1 year, £22,364 in last 2 years, £24,654 in last 3 years, £22,590 in last 4 years and £19,432 in last 5 years.

Currently average asking price of a property in Morley Road, Chaddesden, Derby, DE21 is around £213,084 based on approximately 6 properties for sale. Same is the case with rental options based on 70 properties up for rent, average asking rent is around £1,721 per month.

Estimated property value in Morley Road, Chaddesden, Derby, DE21 is £221,153. Average asking price is £213,084 while average price paid is £208,558 which is up by £10,120 and Avg. asking rent £1,721.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 Morley Road, Chaddesden, Derby, DE21 area. In last 1 year alone average price buyer paid is around £208,558 based on approximately 6 sales in Morley Road, Chaddesden, Derby, DE21 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £183,417. 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 £174,355 for 19 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £178,304 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 1 bedroom is around £94,475, £116,438 for a 2 bedroom house, £153,670 for a 3 bedroom house, £266,376 for a 4 bedroom house and £514,406 for a 5 bedroom house. For a flat similarly the prices varies from £50,000 for a single bedroom to £100,650 for a 2 bedroom Flat. To sum up the asking prices for properties in Morley Road, Chaddesden, Derby, DE21 it comes to around average £79,650 for 1 bedroom property, £114,379 for 2 bedroom, £153,670 for 3 bedroom, £266,376 for 4 bedroom and £514,406 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 £485 for 1 bedroom to £494 for 2 bedroom, £605 for 3 bedroom and £1,071 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £374. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £488 and £750 for 4 bedroom. You should be generally be expecting around average £422 rent per month for single bedroom property, £492 for 2 bedroom, £605 for 3 bedroom and approximately £1,025 for 4 bedroom property in Morley Road, Chaddesden, Derby, DE21 area.

Popular Houses in Morley Road, Chaddesden, Derby, DE21

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 Morley Road, Chaddesden, Derby, DE21