Park Drive, Ilkeston, DE7

Street Guide For Park Drive, Ilkeston, DE7

 

Park Drive, Ilkeston, DE7 Map

Estimated Price: £116,362
Average Asking Price: £200,218
Price change in last one year: £5,814
Average Price Paid: £80,463
Average Rent Rates: £3,789

 

Property Prices Breakdown in Park Drive, Ilkeston, DE7

Average Price for property in Park Drive, Ilkeston, DE7 is around £116,362 which varies based on type of property you are interested in and ranges from £176,950 for detached house to around £112,652 for semi-detached. Similarly terraced house is around £104,969 and a flat is worth £138,289. Values have been changing and have risen £92 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £33 in last 6 months, £5,814 in last 1 year, £10,484 in last 2 years, £11,043 in last 3 years, £10,462 in last 4 years and £10,255 in last 5 years.

Currently average asking price of a property in Park Drive, Ilkeston, DE7 is around £200,218 based on approximately 2 properties for sale. Same is the case with rental options based on 82 properties up for rent, average asking rent is around £3,789 per month.

Estimated property value in Park Drive, Ilkeston, DE7 is £116,362. Average asking price is £200,218 while average price paid is £80,000 which is up by £5,814 and Avg. asking rent £3,789.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 Park Drive, Ilkeston, DE7 area. In last 1 year alone average price buyer paid is around £80,000 based on approximately 2 sales in Park Drive, Ilkeston, DE7 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £82,295. 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 £80,463 for 15 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £81,059 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 £147,500, £111,893 for a 2 bedroom house, £167,779 for a 3 bedroom house, £281,461 for a 4 bedroom house and £387,300 for a 5 bedroom house. For a flat similarly the prices varies from £58,475 for a single bedroom to £84,092 for a 2 bedroom Flat. To sum up the asking prices for properties in Park Drive, Ilkeston, DE7 it comes to around average £102,988 for 1 bedroom property, £108,697 for 2 bedroom, £167,779 for 3 bedroom, £281,461 for 4 bedroom and £387,300 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 £365 for 1 bedroom to £477 for 2 bedroom, £543 for 3 bedroom and £594 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £355. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £471. You should be generally be expecting around average £358 rent per month for single bedroom property, £475 for 2 bedroom, £543 for 3 bedroom and approximately £594 for 4 bedroom property in Park Drive, Ilkeston, DE7 area.

Popular Houses in Park Drive, Ilkeston, DE7

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 Park Drive, Ilkeston, DE7