Silverburn Drive, Oakwood, Derby, DE21

Street Guide For Silverburn Drive, Oakwood, Derby, DE21

 

Silverburn Drive, Oakwood, Derby, DE21 Map

Estimated Price: £194,492
Average Asking Price: £213,084
Price change in last one year: £8,983
Average Price Paid: £175,063
Average Rent Rates: £1,721

 

Property Prices Breakdown in Silverburn Drive, Oakwood, Derby, DE21

Average Price for property in Silverburn Drive, Oakwood, Derby, DE21 is around £194,492 which varies based on type of property you are interested in and ranges from £231,452 for detached house to around £139,177 for semi-detached. Similarly terraced house is around £143,018. Values have been changing and have risen £53 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £711 in last 6 months, £8,983 in last 1 year, £19,856 in last 2 years, £21,887 in last 3 years, £20,055 in last 4 years and £17,251 in last 5 years.

Currently average asking price of a property in Silverburn Drive, Oakwood, Derby, DE21 is around £213,084 based on approximately 5 properties for sale. Same is the case with rental options based on 70 properties up for rent, average asking rent is around £1,721 per month.

Estimated property value in Silverburn Drive, Oakwood, Derby, DE21 is £194,492. Average asking price is £213,084 while average price paid is £187,590 which is up by £8,983 and Avg. asking rent £1,721.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 Silverburn Drive, Oakwood, Derby, DE21 area. In last 1 year alone average price buyer paid is around £187,590 based on approximately 5 sales in Silverburn Drive, Oakwood, Derby, DE21 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £167,161. 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 £175,063 for 15 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £178,495 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 £94,475, £116,438 for a 2 bedroom house, £153,670 for a 3 bedroom house, £266,376 for a 4 bedroom house and £514,406 for a 5 bedroom house. For a flat similarly the prices varies from £50,000 for a single bedroom to £100,650 for a 2 bedroom Flat. To sum up the asking prices for properties in Silverburn Drive, Oakwood, Derby, DE21 it comes to around average £79,650 for 1 bedroom property, £114,379 for 2 bedroom, £153,670 for 3 bedroom, £266,376 for 4 bedroom and £514,406 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 £485 for 1 bedroom to £494 for 2 bedroom, £605 for 3 bedroom and £1,071 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £374. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £488 and £750 for 4 bedroom. You should be generally be expecting around average £422 rent per month for single bedroom property, £492 for 2 bedroom, £605 for 3 bedroom and approximately £1,025 for 4 bedroom property in Silverburn Drive, Oakwood, Derby, DE21 area.

Popular Houses in Silverburn Drive, Oakwood, Derby, DE21

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 Silverburn Drive, Oakwood, Derby, DE21