Somersal Close, Shelton Lock, Derby, DE24

Street Guide For Somersal Close, Shelton Lock, Derby, DE24

 

Somersal Close, Shelton Lock, Derby, DE24 Map

Estimated Price: £109,347
Average Asking Price: £189,474
Price change in last one year: £3,831
Average Price Paid: £98,816
Average Rent Rates: £3,115

 

Property Prices Breakdown in Somersal Close, Shelton Lock, Derby, DE24

Average Price for property in Somersal Close, Shelton Lock, Derby, DE24 is around £109,347 which varies based on type of property you are interested in and ranges from £107,315 for semi-detached to around £109,637 for terraced house. Values have been changing and have risen £6 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8 in last 6 months, £3,831 in last 1 year, £10,227 in last 2 years, £11,819 in last 3 years, £9,390 in last 4 years and £8,881 in last 5 years.

Currently average asking price of a property in Somersal Close, Shelton Lock, Derby, DE24 is around £189,474 based on approximately 2 properties for sale. Same is the case with rental options based on 96 properties up for rent, average asking rent is around £3,115 per month.

Estimated property value in Somersal Close, Shelton Lock, Derby, DE24 is £109,347. Average asking price is £189,474 while average price paid is £101,975 which is up by £3,831 and Avg. asking rent £3,115.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 Somersal Close, Shelton Lock, Derby, DE24 area. In last 1 year alone average price buyer paid is around £101,975 based on approximately 2 sales in Somersal Close, Shelton Lock, Derby, DE24 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £101,975. 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 £98,816 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £95,362 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 £64,667, £103,656 for a 2 bedroom house, £124,759 for a 3 bedroom house, £226,199 for a 4 bedroom house and £172,129 for a 5 bedroom house. For a flat similarly the prices varies from £54,000 for a single bedroom to £78,173 for a 2 bedroom Flat. To sum up the asking prices for properties in Somersal Close, Shelton Lock, Derby, DE24 it comes to around average £59,818 for 1 bedroom property, £100,195 for 2 bedroom, £124,759 for 3 bedroom, £226,199 for 4 bedroom and £172,129 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 £394 for 1 bedroom to £479 for 2 bedroom, £599 for 3 bedroom and £728 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £390. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £534 and £451 for 3 bedroom. You should be generally be expecting around average £391 rent per month for single bedroom property, £496 for 2 bedroom, £591 for 3 bedroom and approximately £728 for 4 bedroom property in Somersal Close, Shelton Lock, Derby, DE24 area.

Popular Houses in Somersal Close, Shelton Lock, Derby, DE24

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 Somersal Close, Shelton Lock, Derby, DE24