Area Guide For Derby

Often considered the Industrial Revolution’s birthplace, Derby is a city which is still popular for its manufacturing and role in the transport industry, and is home to the famed Rolls-Royce. It is also one of UK’s central cities, with easy access, good value for money and a lot of culture to enjoy. Given its rich history, there is a lot to explore, and visitors and residents both can opt for several tours all year round. There is also the Derby Museum & Art Gallery and the Derby Guildhall Theatre along with several locations for family outings, walks and nightlife entertainment.


Derby Map

Estimated Price: £184,316
Average Asking Price: £533,756
Price change in last one year: £9,766
Average Price Paid: £159,809
Average Rent Rates: £12,301


Property Prices Breakdown in Derby

Average Price for property in Derby is around £184,316 which varies based on type of property you are interested in and ranges from £273,887 for detached house to around £154,696 for semi-detached. Similarly terraced house is around £123,930 and a flat is worth £118,419. Values have been changing and have risen £1,182 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,268 in last 6 months, £9,766 in last 1 year, £22,808 in last 2 years, £24,347 in last 3 years, £22,263 in last 4 years and £20,073 in last 5 years.

Currently average asking price of a property in Derby is around £533,756 based on approximately 4,337 properties for sale. Same is the case with rental options based on 820 properties up for rent, average asking rent is around £12,301 per month.

Estimated property value in Derby is £184,316. Average asking price is £533,756 while average price paid is £168,060 which is up by £9,766 and Avg. asking rent £12,301.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 Derby area. In last 1 year alone average price buyer paid is around £168,060 based on approximately 4,337 sales in Derby area alone. If you compare it to last 3 years sales of 12,234 properties where buyers paid around £164,051. 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 £159,809 for 19,772 and average amount paid for purchase of approx. 26,934 properties sold in last 7 years comes to about £158,183 per sale.


Properties For Sale in Derby


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 £107,306, £113,866 for a 2 bedroom house, £173,259 for a 3 bedroom house, £299,287 for a 4 bedroom house and £476,525 for a 5 bedroom house. For a flat similarly the prices varies from £76,428 for a single bedroom to £105,995 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £121,836. To sum up the asking prices for properties in Derby it comes to around average £85,033 for 1 bedroom property, £111,700 for 2 bedroom, £172,683 for 3 bedroom, £299,287 for 4 bedroom and £476,525 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 £460 for 1 bedroom to £492 for 2 bedrooms, £599 for 3 bedrooms, £676 for 4 bedrooms and £968 for 5 bedrooms house. 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 £555, £378 for 3 bedroom and £750 for 4 bedroom. You should be generally be expecting around average £410 rent per month for single bedroom property, £521 for 2 bedroom, £589 for 3 bedroom, £677 for 4 bedroom and approximately £968 for a 5 bedroom property in Derby area.

Popular Houses in Derby

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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