Values have been changing and have risen £525 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,437 in last 6 months, £7,536 in last 1 year, £12,933 in last 2 years, £14,555 in last 3 years, £14,116 in last 4 years and £10,496 in last 5 years.
Currently average asking price of a property in Slack Lane, Derby, DE22 is around £201,462 based on approximately 3 properties for sale. Same is the case with rental options based on 206 properties up for rent, average asking rent is around £524 per month.
Estimated property value in Slack Lane, Derby, DE22 is £126,221. Average asking price is £201,462 while average price paid is £96,000 which is up by £7,536 and Avg. asking rent £524.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 Slack Lane, Derby, DE22 area. In last 1 year alone average price buyer paid is around £96,000 based on approximately 3 sales in Slack Lane, Derby, DE22 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £97,005. 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 £95,952 for 22 and average amount paid for purchase of approx. 34 properties sold in last 7 years comes to about £101,479 per sale.