West Derby House Prices, Liverpool
West Derby is an area, located in Liverpool.
West Derby House Prices
As of June, 2024, the average house prices in West Derby are as follows:
- studio – £65,000 (-2.5%)
- 1 bedroom flat – £75,000 (-8.83%)
- 2 bedroom flat – £155,000 (-1.29%)
- 3 bedroom flat – £239,950 (0.46%)
- 4 bedroom flat – £350,000 (1.76%)
- 5 bedroom flat – £445,000 (-18.58%)
Keep in mind that these are simply the average rates for West Derby house prices, so you can find quality properties for more or less than these numbers. In addition to this month’s sold house prices in West Derby, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average West Derby house price is £250,000, low by 0% as of £250,000 in May, 2024.
- Currently, there are 163 houses for sale and an average of 16 property sales per month. The real estate market is stable, with a good balance between properties for sale and buyer demand, resulting in stable prices.
Check back next month for updated West Derby house prices.
West Derby House Prices Growth
The average house price in West Derby over the last 5 years is as follows:
- 2019-06 – £154,441
- 2020-06 – £156,314 (1.21%)
- 2021-06 – £165,465 (5.85%)
- 2022-06 – £180,490 (9.08%)
- 2023-06 – £182,700 (1.22%)
- 2024-06 – £183,438 (0.4%)
Sold house prices in West Derby remained unchanged from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 18%. Thus, if the trend continues, purchasing real estate in West Derby in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average West Derby house prices, it’s also wise to keep an eye on house rent prices in West Derby. If you aren’t quite ready to buy or want to purchase an investment property, it’s a good idea to stay up-to-date on the latest rent rates!
Check back to HowToEstate soon for updated prices on renting, buying, and selling property in West Derby.