Rutland Street, Pear Tree, Derby, DE23

Street Guide For Rutland Street, Pear Tree, Derby, DE23

 

Rutland Street, Pear Tree, Derby, DE23 Map

Estimated Price: £72,102
Average Asking Price: £174,391
Price change in last one year: £4,512
Average Price Paid: £58,000
Average Rent Rates: £506

 

Property Prices Breakdown in Rutland Street, Pear Tree, Derby, DE23

Average Price for property in Rutland Street, Pear Tree, Derby, DE23 is around £72,102 which varies based on type of property you are interested in and ranges from £62,255 for semi-detached to around £72,649 for terraced house. Values have been changing and have risen £258 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £509 in last 6 months, £4,512 in last 1 year, £7,619 in last 2 years, £8,290 in last 3 years, £7,399 in last 4 years and £6,639 in last 5 years.

Currently average asking price of a property in Rutland Street, Pear Tree, Derby, DE23 is around £174,391 based on approximately 2 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 Rutland Street, Pear Tree, Derby, DE23 is £72,102. Average asking price is £174,391 while average price paid is £69,975 which is up by £4,512 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 Rutland Street, Pear Tree, Derby, DE23 area. In last 1 year alone average price buyer paid is around £69,975 based on approximately 2 sales in Rutland Street, Pear Tree, Derby, DE23 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £61,635. 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 £58,000 for 16 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £59,944 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 Rutland Street, Pear Tree, 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 Rutland Street, Pear Tree, Derby, DE23 area.

Popular Houses in Rutland Street, Pear Tree, 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 Rutland Street, Pear Tree, Derby, DE23