Area Guide For Glossop

Glossop is a business/market town inside the Borough of High Peak in Derbyshire, England. It lies on the Glossop Brook, a tributary of the River Etherow, around 15 miles east of the city of Manchester, 24 miles west of the city of Sheffield and 32 miles north of the province town of Matlock. Glossop is arranged close to Derbyshire's region outskirts with Cheshire, Greater Manchester, South Yorkshire and West Yorkshire. It is somewhere around 150 and 300 meters (492 and 984 ft) above mean ocean level, and uses the slogan "the door to the Peak District National Park". Like adjacent Buxton, it contrasts from different zones of the precinct in that it is an unparished region, and this qualification characterizes its limits. It has an aggregate inhabitant populace of 33,020 as indicated by the 2011 statistics.


Glossop Map

Estimated Price: £195,244
Average Asking Price: £230,049
Price change in last one year: £17,510
Average Price Paid: £157,583
Average Rent Rates: £793


Property Prices Breakdown in Glossop

Average Price for property in Glossop is around £195,244 which varies based on type of property you are interested in and ranges from £302,509 for detached house to around £187,536 for semi-detached. Similarly terraced house is around £135,333 and a flat is worth £128,445. Values have been changing and have risen £1,640 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,734 in last 6 months, £17,510 in last 1 year, £23,034 in last 2 years, £19,914 in last 3 years, £27,406 in last 4 years and £16,529 in last 5 years.

Currently average asking price of a property in Glossop is around £230,049 based on approximately 428 properties for sale. Same is the case with rental options based on 54 properties up for rent, average asking rent is around £793 per month.

Estimated property value in Glossop is £195,244. Average asking price is £230,049 while average price paid is £165,238 which is up by £17,510 and Avg. asking rent £793.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 Glossop area. In last 1 year alone average price buyer paid is around £165,238 based on approximately 428 sales in Glossop area alone. If you compare it to last 3 years sales of 1,225 properties where buyers paid around £156,894. 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 £157,583 for 1,876 and average amount paid for purchase of approx. 2,449 properties sold in last 7 years comes to about £158,732 per sale.


Properties For Sale in Glossop


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 £109,750, £113,516 for a 2 bedroom house, £190,681 for a 3 bedroom house, £327,661 for a 4 bedroom house and £543,322 for a 5 bedroom house. For a flat similarly the prices varies from £128,488 for a single bedroom to £121,919 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £179,982. To sum up the asking prices for properties in Glossop it comes to around average £116,564 for 1 bedroom property, £114,857 for 2 bedroom, £190,397 for 3 bedroom, £327,661 for 4 bedroom and £543,322 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 £722 for 1 bedroom to £549 for 2 bedroom, £687 for 3 bedroom and £1,162 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £437. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £524. You should be generally be expecting around average £646 rent per month for single bedroom property, £546 for 2 bedroom, £687 for 3 bedroom and approximately £1,162 for 4 bedroom property in Glossop area.

Popular Houses in Glossop

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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