Area Guide For Bakewell

Bakewell is a little Business/market town and common area in the Derbyshire Dales region of Derbyshire, England, remarkable for the neighborhood sugary treat Bakewell Pudding. It is found on the River Wye, around thirteen miles southwest of Sheffield, 31 miles southeast of Manchester, and 21 miles north of Derby; adjacent towns incorporate Matlock to the south east, Chesterfield to the east and Buxton to the west northwest. In the 2011 enumeration the common ward of Bakewell had a populace of 3,949. The town is near to the vacation spots of Chatsworth House and Haddon Hall.


Bakewell Map

Estimated Price: £370,157
Average Asking Price: £365,572
Price change in last one year: £21,526
Average Price Paid: £320,376
Average Rent Rates: £707


Property Prices Breakdown in Bakewell

Average Price for property in Bakewell is around £370,157 which varies based on type of property you are interested in and ranges from £504,763 for detached house to around £292,568 for semi-detached. Similarly terraced house is around £256,144 and a flat is worth £204,304. Values have been changing and have risen £1,476 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,125 in last 6 months, £21,526 in last 1 year, £42,378 in last 2 years, £39,759 in last 3 years, £38,818 in last 4 years and £35,105 in last 5 years.

Currently average asking price of a property in Bakewell is around £365,572 based on approximately 126 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £707 per month.

Estimated property value in Bakewell is £370,157. Average asking price is £365,572 while average price paid is £322,809 which is up by £21,526 and Avg. asking rent £707.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 Bakewell area. In last 1 year alone average price buyer paid is around £322,809 based on approximately 126 sales in Bakewell area alone. If you compare it to last 3 years sales of 366 properties where buyers paid around £326,995. 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 £320,376 for 570 and average amount paid for purchase of approx. 741 properties sold in last 7 years comes to about £317,150 per sale.


Properties For Sale in Bakewell


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 £274,853, £305,344 for a 3 bedroom house, £674,086 for a 4 bedroom house and £584,992 for a 5 bedroom house. For a flat similarly the prices varies from £173,750 for a single bedroom to £269,988 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £450,000. To sum up the asking prices for properties in Bakewell it comes to around average £173,750 for 1 bedroom property, £273,356 for 2 bedroom, £309,362 for 3 bedroom, £674,086 for 4 bedroom and £584,992 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 £524 for 1 bedroom to £679 for 2 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £637. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £785. You should be generally be expecting around average £599 rent per month for single bedroom property and approximately £742 for 2 bedroom property in Bakewell area.

Popular Houses in Bakewell

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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