Derbyshire property prices: Why release equity from your home?
Buying a house is always a long-term investment, offering the best and most reliable returns. If you purchased a Derbyshire property some time ago, it will most likely have increased in value over time. The county boasts stunning countryside, fascinating history, and well-connected commuter links.
According to Rightmove in 2020, Derbyshire had an average value of over £216,000, with detached properties fetching an average of just over £316,000. Semi-detached homes were the most popular sales, with the average house fetching £182,000, whilst terraced properties made £147,000. Sold prices in 2020, were 4 per cent up on 2019 and 7 per cent on the peak of 2018. The Bank of Scotland’s 2019 Quality Of Life Survey, gave the prize to the Derbyshire Dales. Six out of eight local authorities made it into the top 250 nationally.
If you are thinking about being able to enjoy a more comfortable retirement with more money to spend as you wish, please call our team of qualified equity release specialists.
To find out how much money you could raise, please use our handy equity release calculator.