Park Lane, Weston-on-Trent, Derby, DE72

Street Guide For Park Lane, Weston-on-Trent, Derby, DE72

 

Park Lane, Weston-on-Trent, Derby, DE72 Map

Estimated Price: £287,734
Average Asking Price: £290,671
Price change in last one year: £12,333
Average Price Paid: £260,775
Average Rent Rates: £1,065

 

Property Prices Breakdown in Park Lane, Weston-on-Trent, Derby, DE72

Average Price for property in Park Lane, Weston-on-Trent, Derby, DE72 is around £287,734 which varies based on type of property you are interested in and ranges from £297,420 for detached house to around £265,940 for semi-detached. Values have been changing and have risen £620 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,342 in last 6 months, £12,333 in last 1 year, £27,088 in last 2 years, £28,787 in last 3 years, £24,663 in last 4 years and £23,713 in last 5 years.

Currently average asking price of a property in Park Lane, Weston-on-Trent, Derby, DE72 is around £290,671 based on approximately 3 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £1,065 per month.

Estimated property value in Park Lane, Weston-on-Trent, Derby, DE72 is £287,734. Average asking price is £290,671 while average price paid is £221,033 which is up by £12,333 and Avg. asking rent £1,065.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 Lane, Weston-on-Trent, Derby, DE72 area. In last 1 year alone average price buyer paid is around £221,033 based on approximately 3 sales in Park Lane, Weston-on-Trent, Derby, DE72 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £260,775. 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 £260,775 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £260,775 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 £78,283, £136,946 for a 2 bedroom house, £224,625 for a 3 bedroom house, £317,728 for a 4 bedroom house and £521,440 for a 5 bedroom house. For a flat similarly the prices varies from £89,950 for a single bedroom to £119,962 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £134,950. To sum up the asking prices for properties in Park Lane, Weston-on-Trent, Derby, DE72 it comes to around average £81,200 for 1 bedroom property, £133,172 for 2 bedroom, £222,539 for 3 bedroom, £317,728 for 4 bedroom and £521,440 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 £520 for 2 bedroom to £634 for 3 bedroom and £771 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £381. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £425. You should be generally be expecting around average £381 rent per month for single bedroom property, £496 for 2 bedroom, £634 for 3 bedroom and approximately £772 for 4 bedroom property in Park Lane, Weston-on-Trent, Derby, DE72 area.

Popular Houses in Park Lane, Weston-on-Trent, Derby, DE72

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 Lane, Weston-on-Trent, Derby, DE72