Heanor

Area Guide For Heanor

Heanor is a town in the Amber Valley district of Derbyshire in the East Midlands of England. It is 8 miles (13 km) northeast of Derby and forms part of the Nottingham Urban Area. According to the census of 2001 the town's population was 22,620. Heanor was mentioned in the Domesday Book with the following entry 6M In CODNOR and Heanor and Langley [in Heanor] and 'Smithycote' [in Codnor Park] 8 thegns had 7 carucates of land to the geld. [There is] land for as many ploughs. There are now 3 ploughs in demesne; and 11 villans and 2 bordars and 3 sokemen having 5 ½ ploughs. There is a church, and 1 mill [rendering]12d , and 35 acres (140,000 m) of meadow,and woodland pasture 2 leagues long and 3 furlongs broad. TRE worth 4l now 41s 4d . Warner holds it. Since 1984 Heanor has had three tiers of local government: parish, district and county. The parish of Heanor formed a local board in about 1850 to govern the town. In 1895, under the Local Government Act 1894 the board's area became an urban district. In 1899 Heanor Urban District was enlarged with the addition of the neighbouring parish of Codnor and Loscoe. The urban district continued in existence until 1974, when it was merged

 
 

Heanor Map

Estimated Price: £138,232
Average Asking Price: £308,784
Price change in last one year: £6,857
Average Price Paid: £120,223
Average Rent Rates: £7,526

 
 

Property Prices Breakdown in Heanor

Average Price for property in Heanor is around £138,232 which varies based on type of property you are interested in and ranges from £190,432 for detached house to around £125,657 for semi-detached. Similarly terraced house is around £93,716 and a flat is worth £85,490. Values have been changing and have risen £799 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,494 in last 6 months, £6,857 in last 1 year, £8,981 in last 2 years, £12,209 in last 3 years, £7,579 in last 4 years and £13,183 in last 5 years.

Currently average asking price of a property in Heanor is around £308,784 based on approximately 270 properties for sale. Same is the case with rental options based on 38 properties up for rent, average asking rent is around £7,526 per month.

Estimated property value in Heanor is £138,232. Average asking price is £308,784 while average price paid is £124,077 which is up by £6,857 and Avg. asking rent £7,526.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 Heanor area. In last 1 year alone average price buyer paid is around £124,077 based on approximately 270 sales in Heanor area alone. If you compare it to last 3 years sales of 714 properties where buyers paid around £120,406. 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 £120,223 for 1,095 and average amount paid for purchase of approx. 1,474 properties sold in last 7 years comes to about £121,368 per sale.

 
 

Properties For Sale in Heanor

 
 

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 £106,506, £148,158 for a 3 bedroom house, £242,208 for a 4 bedroom house and £293,738 for a 5 bedroom house. For a flat the prices of single bedroom is £57,000. To sum up the asking prices for properties in Heanor it comes to around average £57,000 for 1 bedroom property, £106,506 for 2 bedroom, £148,158 for 3 bedroom, £242,208 for 4 bedroom and £293,738 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 £461 for 2 bedroom to £474 for 3 bedroom and £676 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £346. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £394. You should be generally be expecting around average £346 rent per month for single bedroom property, £453 for 2 bedroom, £474 for 3 bedroom and approximately £676 for 4 bedroom property in Heanor area.

Popular Houses in Heanor

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.

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