West Bank Close, Derby, DE22

Street Guide For West Bank Close, Derby, DE22

 

West Bank Close, Derby, DE22 Map

Estimated Price: £331,021
Average Asking Price: £201,462
Price change in last one year: £20,742
Average Price Paid: £275,000
Average Rent Rates: £524

 

Property Prices Breakdown in West Bank Close, Derby, DE22

Average Price for property in West Bank Close, Derby, DE22 is around £331,021 e.g. average price for detached house is around 331,021. Values have been changing and have risen £1,443 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,951 in last 6 months, £20,742 in last 1 year, £35,595 in last 2 years, £40,046 in last 3 years, £38,829 in last 4 years and £28,845 in last 5 years.

Currently average asking price of a property in West Bank Close, Derby, DE22 is around £201,462 based on approximately 1 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 West Bank Close, Derby, DE22 is £331,021. Average asking price is £201,462 while average price paid is £275,000 which is up by £20,742 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 West Bank Close, Derby, DE22 area. In last 1 year alone average price buyer paid is around £275,000 based on approximately 1 sales in West Bank Close, Derby, DE22 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £275,000. 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 £275,000 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £275,000 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 £245,833, £108,529 for a 2 bedroom house, £167,647 for a 3 bedroom house, £298,517 for a 4 bedroom house and £494,669 for a 5 bedroom house. For a flat similarly the prices varies from £90,584 for a single bedroom to £118,587 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £86,650. To sum up the asking prices for properties in West Bank Close, Derby, DE22 it comes to around average £123,851 for 1 bedroom property, £110,472 for 2 bedroom, £164,720 for 3 bedroom, £298,517 for 4 bedroom and £494,669 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 £391 for 1 bedroom to £481 for 2 bedrooms, £513 for 3 bedrooms, £471 for 4 bedrooms and £1,017 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £398. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £559 and £494 for 3 bedroom. You should be generally be expecting around average £396 rent per month for single bedroom property, £509 for 2 bedroom, £512 for 3 bedroom, £471 for 4 bedroom and approximately £1,017 for a 5 bedroom property in West Bank Close, Derby, DE22 area.

Popular Houses in West Bank Close, Derby, DE22

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 West Bank Close, Derby, DE22