Derby Central Derby
Derby Central Office
OFFICE SUBMARKET REPORT
Submarket Key Statistics
2
Leasing
3
Rent
6
Construction
7
Sales
10
Sales Past 12 Months
11
Supply & Demand Trends
13
Rent & Vacancy
15
Sale Trends
17
Copyrighted report licensed to MediHoldings Limited - 1016526
15/07/2020
Overview Derby Central Office 12 Mo Deliveries in SF
12 Mo Net Absorption in SF
Vacancy Rate
12 Mo Rent Growth
0
132 K
2.8%
0.1%
KEY INDICATORS NIA
Vacancy Rate
Market Rent
Availability Rate
Net Absorption SF
Deliveries SF
Under Construction
314,058
0%
£16.04
9.4%
0
0
0
3 Star
2,386,648
3.4%
£11.94
11.2%
0
0
0
1 & 2 Star
1,462,462
2.5%
£12.52
7.6%
0
0
0
Submarket
4,163,168
2.8%
£12.45
9.8%
0
0
0
12 Month
Historical Average
Forecast Average
Peak
When
Trough
When
Current Quarter
4 & 5 Star
Annual Trends
Vacancy Change (YOY)
-3.2%
7.7%
3.2%
12.7%
2013 Q4
2.8%
2020 Q3
Net Absorption SF
132 K
22,784
9,886
140,328
2009 Q4
(106,725)
2013 Q3
Deliveries SF
0
33,498
2,223
174,305
2009 Q3
0
2020 Q2
Rent Growth
0.1%
0.7%
0.3%
8.7%
2018 Q4
-6.4%
2012 Q1
Sales Volume
£5.9 M
£5.8M
N/A
£29.8M
2019 Q1
£375K
2017 Q4
Copyrighted report licensed to MediHoldings Limited - 1016526
15/07/2020 Page 2
Leasing Derby Central Office NET ABSORPTION, NET DELIVERIES & VACANCY
VACANCY RATE
Copyrighted report licensed to MediHoldings Limited - 1016526
15/07/2020 Page 3
Leasing Derby Central Office AVAILABILITY RATE
3 STAR MOST ACTIVE BUILDINGS IN SUBMARKET - PAST 12 MONTHS Property Name/Address
NIA
Deals
Leased SF
12 Mo Vacancy
12 Mo Net Absorp SF
Cardinal Square Nottingham Rd
121,004
1
6,436
3.2%
6,500
Quarnmill House Stores Rd
12,470
1
4,088
52.5%
4,088
Woburn House Vernon Gate
12,707
1
953
3.0%
1,900
Pride Park Business Centre 12-15 Mallard Way
9,290
1
1,292
0%
0
Units 16-22 Pullman Business Court
10,752
1
667
0%
0
29,545
1
1,209
0%
0
Unit 3- 5 Pride Park
3,900
1
1,609
0%
0
Peat House 5 Stuart St
16,265
1
1,624
0%
0
1,678
1
480
0%
0
Croft House 51 Ashbourne Rd
2,186
1
535
17.8%
(650)
Gleneagles House Vernon Gate
13,200
1
3,174
13.3%
(1,466)
Pride Park
51-51b Sadler Gate
Rating
Copyrighted report licensed to MediHoldings Limited - 1016526
15/07/2020 Page 4
Leasing Derby Central Office
Copyrighted report licensed to MediHoldings Limited - 1016526
15/07/2020 Page 5
Rent Derby Central Office MARKET RENT GROWTH (YOY)
MARKET RENT PER SQUARE FEET
Copyrighted report licensed to MediHoldings Limited - 1016526
15/07/2020 Page 6
Construction Derby Central Office DELIVERIES & DEMOLITIONS
Copyrighted report licensed to MediHoldings Limited - 1016526
15/07/2020 Page 7
Construction Derby Central Office All-Time Annual Avg. Square Feet
Delivered Square Feet Past 8 Qtrs
Delivered Square Feet Next 8 Qtrs
Proposed Square Feet Next 8 Qtrs
32,580
0
0
109,765
PAST 8 QUARTERS DELIVERIES, UNDER CONSTRUCTION, & PROPOSED
PAST & FUTURE DELIVERIES IN SQUARE FEET
Copyrighted report licensed to MediHoldings Limited - 1016526
15/07/2020 Page 8
Construction Derby Central Office PROPOSED Property Name/Address
1 2 3
Number One Cathedral‌ 1 Full St 6 Bold Ln Locomotive House Pinnacle Way
Rating
Bldg SF
Floors
Start
Complete
46,669
6
Mar 2021
Jun 2021
33,443
4
Nov 2020
Feb 2022
29,653
4
Aug 2020
Jun 2021
Copyrighted report licensed to MediHoldings Limited - 1016526
Developer/Owner
Wilson Bowden Developments Ltd Jensco (Derby) Limited Ess Derby Llp Ess Derby Llp
15/07/2020 Page 9
Sales Derby Central Office SALES VOLUME & MARKET SALE PRICE PER SF
Copyrighted report licensed to MediHoldings Limited - 1016526
15/07/2020 Page 10
Sales Past 12 Months Derby Central Office Sale Comparables
Avg. Yield
Avg. Price/SF
Avg. Vacancy At Sale
13
7.0%
£69
6.7%
SALE COMPARABLE LOCATIONS
SALE COMPARABLES SUMMARY STATISTICS Sales Attributes
Low
Average
Median
High
£525,000
£1,057,500
£1,000,000
£1,600,000
£38
£69
£118
£210
7.0%
7.0%
7.0%
7.0%
Time Since Sale in Months
5.3
8.9
9.0
11.4
Property Attributes
Low
Average
Median
High
2,660
22,256
9,307
80,937
2
4
3
7
Typical Floor SF
887
4,999
3,363
12,163
Vacancy Rate At Sale
0%
6.7%
0%
22.2%
1800
1951
1962
2015
Sale Price Price/SF Yield
Building SF Floors
Year Built Star Rating
2.7
Copyrighted report licensed to MediHoldings Limited - 1016526
15/07/2020 Page 11
Sales Past 12 Months Derby Central Office RECENT SIGNIFICANT SALES Property Property Name - Address
1
Forester House Newland St
2
5 Mallard Way
3
Stuart House Green Ln
4
10 Normanton Rd
5
1 St James Court 77 Friar Gate
6
17-17a St Christophers…
7
3-11 Friar Gate
8
23-26 St Mary's Gate
9
Middleton House 27-29 St Marys Gate
10
Laurie House 22 Colyear St
11
Ashtree Lodge 105 Uttoxeter New Rd
12
Woodlands Lodge 107-111 Uttoxeter New Rd
13
Clair House Sir Frank Whittle Rd
Sale
Rating
Yr Built
Bldg SF
Vacancy
Sale Date
Price
Price/SF
NIY
-
1969
42,565
0%
29/10/2019
£1,600,000
£38
-
-
2015
6,725
0%
24/10/2019
£1,412,500
£210
7.0%
-
1994
15,968
0%
25/10/2019
£1,000,000
£63
-
-
1933
10,989
0%
16/10/2019
£750,000
£68
-
-
1950
4,444
0%
06/09/2019
£525,000
£118
-
-
2002
3,131
0%
16/10/2019
£420,000
£134
-
-
2009
1,710
0%
06/02/2020
£202,500
£118
-
-
1960
9,307
0%
13/01/2020
-
-
-
-
1912
60,816
0%
13/01/2020
-
-
-
-
1962
80,937
22.2%
02/09/2019
-
-
-
-
1970
2,660
0%
07/08/2019
-
-
-
-
1800
5,795
0%
07/08/2019
-
-
-
-
1999
4,608
0%
02/08/2019
-
-
-
Copyrighted report licensed to MediHoldings Limited - 1016526
15/07/2020 Page 12
Supply & Demand Trends Derby Central Office OVERALL SUPPLY & DEMAND Inventory
Net Absorption
Year
SF
SF Growth
% Growth
SF
% of Inv
Construction Ratio
2024
4,168,279
2,363
0.1%
679
0%
3.5
2023
4,165,916
2,161
0.1%
2,572
0.1%
0.8
2022
4,163,755
1,276
0%
2,469
0.1%
0.5
2021
4,162,479
(467)
0%
(4,777)
-0.1%
-
2020
4,162,946
(222)
0%
66,601
1.6%
-
YTD
4,163,168
0
0%
79,451
1.9%
0
2019
4,163,168
0
0%
68,591
1.6%
0
2018
4,163,168
0
0%
37,507
0.9%
0
2017
4,163,168
0
0%
(15,913)
-0.4%
-
2016
4,163,168
(112,264)
-2.6%
(35,956)
-0.9%
-
2015
4,275,432
(39,223)
-0.9%
101,764
2.4%
-
2014
4,314,655
30,955
0.7%
74,212
1.7%
0.4
2013
4,283,700
8,621
0.2%
(98,988)
-2.3%
-
2012
4,275,079
4,766
0.1%
(67,245)
-1.6%
-
2011
4,270,313
34,653
0.8%
30,758
0.7%
1.1
2010
4,235,660
4,058
0.1%
(61,651)
-1.5%
-
2009
4,231,602
156,642
3.8%
140,328
3.3%
1.1
2008
4,074,960
135,260
3.4%
20,988
0.5%
6.4
4 & 5 STAR SUPPLY & DEMAND Inventory
Net Absorption
Year
SF
SF Growth
% Growth
SF
% of Inv
Construction Ratio
2024
324,720
3,702
1.2%
2,672
0.8%
1.4
2023
321,018
3,498
1.1%
2,333
0.7%
1.5
2022
317,520
2,620
0.8%
1,251
0.4%
2.1
2021
314,900
842
0.3%
(657)
-0.2%
-
2020
314,058
0
0%
(1,415)
-0.5%
-
YTD
314,058
0
0%
-
-
-
2019
314,058
0
0%
-
-
-
2018
314,058
0
0%
-
-
-
2017
314,058
0
0%
-
-
-
2016
314,058
0
0%
600
0.2%
0
2015
314,058
0
0%
300
0.1%
0
2014
314,058
15,688
5.3%
18,077
5.8%
0.9
2013
298,370
0
0%
(2,789)
-0.9%
-
2012
298,370
0
0%
-
-
-
2011
298,370
29,653
11.0%
29,653
9.9%
1.0
2010
268,717
0
0%
(500)
-0.2%
-
2009
268,717
0
0%
500
0.2%
0
2008
268,717
15,000
5.9%
14,500
5.4%
1.0
Copyrighted report licensed to MediHoldings Limited - 1016526
15/07/2020 Page 13
Supply & Demand Trends Derby Central Office 3 STAR SUPPLY & DEMAND Inventory
Net Absorption
Year
SF
SF Growth
% Growth
SF
% of Inv
Construction Ratio
2024
2,386,648
0
0%
(96)
0%
-
2023
2,386,648
0
0%
1,286
0.1%
0
2022
2,386,648
0
0%
1,893
0.1%
0
2021
2,386,648
0
0%
(1,421)
-0.1%
-
2020
2,386,648
0
0%
62,052
2.6%
0
YTD
2,386,648
0
0%
69,535
2.9%
0
2019
2,386,648
0
0%
55,462
2.3%
0
2018
2,386,648
0
0%
13,569
0.6%
0
2017
2,386,648
0
0%
(22,532)
-0.9%
-
2016
2,386,648
(112,264)
-4.5%
(15,815)
-0.7%
-
2015
2,498,912
(39,223)
-1.5%
51,557
2.1%
-
2014
2,538,135
15,267
0.6%
28,479
1.1%
0.5
2013
2,522,868
8,621
0.3%
(105,777)
-4.2%
-
2012
2,514,247
0
0%
(32,717)
-1.3%
-
2011
2,514,247
0
0%
39,112
1.6%
0
2010
2,514,247
4,058
0.2%
(40,015)
-1.6%
-
2009
2,510,189
135,338
5.7%
123,257
4.9%
1.1
2008
2,374,851
116,579
5.2%
21,198
0.9%
5.5
1 & 2 STAR SUPPLY & DEMAND Inventory
Net Absorption
Year
SF
SF Growth
% Growth
SF
% of Inv
Construction Ratio
2024
1,456,911
(1,339)
-0.1%
(1,897)
-0.1%
-
2023
1,458,250
(1,337)
-0.1%
(1,047)
-0.1%
-
2022
1,459,587
(1,344)
-0.1%
(675)
0%
-
2021
1,460,931
(1,309)
-0.1%
(2,699)
-0.2%
-
2020
1,462,240
(222)
0%
5,964
0.4%
-
YTD
1,462,462
0
0%
9,916
0.7%
0
2019
1,462,462
0
0%
13,129
0.9%
0
2018
1,462,462
0
0%
23,938
1.6%
0
2017
1,462,462
0
0%
6,619
0.5%
0
2016
1,462,462
0
0%
(20,741)
-1.4%
-
2015
1,462,462
0
0%
49,907
3.4%
0
2014
1,462,462
0
0%
27,656
1.9%
0
2013
1,462,462
0
0%
9,578
0.7%
0
2012
1,462,462
4,766
0.3%
(34,528)
-2.4%
-
2011
1,457,696
5,000
0.3%
(38,007)
-2.6%
-
2010
1,452,696
0
0%
(21,136)
-1.5%
-
2009
1,452,696
21,304
1.5%
16,571
1.1%
1.3
2008
1,431,392
3,681
0.3%
(14,710)
-1.0%
-
Copyrighted report licensed to MediHoldings Limited - 1016526
15/07/2020 Page 14
Rent & Vacancy Derby Central Office OVERALL RENT & VACANCY Market Rent
Vacancy
Year
Per SF
% Growth
Vs Hist Peak
SF
Percent
Ppts Chg
2024
£12.59
0%
0.9%
135,919
3.3%
0%
2023
£12.59
0.7%
0.9%
133,825
3.2%
0%
2022
£12.50
2.0%
0.2%
133,815
3.2%
0%
2021
£12.25
-1.3%
-1.8%
134,572
3.2%
0.1%
2020
£12.41
-0.5%
-0.5%
129,852
3.1%
-1.6%
YTD
£12.45
-0.1%
-0.1%
117,225
2.8%
-1.9%
2019
£12.47
0.5%
0%
196,676
4.7%
-1.6%
2018
£12.41
8.7%
-0.5%
265,267
6.4%
-0.9%
2017
£11.41
-0.6%
-8.5%
302,774
7.3%
0.4%
2016
£11.48
6.8%
-7.9%
286,861
6.9%
-1.6%
2015
£10.75
5.0%
-13.8%
363,169
8.5%
-3.1%
2014
£10.24
0.1%
-17.9%
498,907
11.6%
-1.1%
2013
£10.23
-1.9%
-18.0%
542,164
12.7%
2.5%
2012
£10.43
-4.4%
-16.4%
434,555
10.2%
1.7%
2011
£10.90
-0.1%
-12.6%
362,544
8.5%
0%
2010
£10.91
-0.1%
-12.5%
358,649
8.5%
1.5%
2009
£10.93
-5.1%
-12.4%
292,940
6.9%
0.1%
2008
£11.51
-1.4%
-7.7%
276,626
6.8%
2.6%
4 & 5 STAR RENT & VACANCY Market Rent
Vacancy
Year
Per SF
% Growth
Vs Hist Peak
SF
Percent
Ppts Chg
2024
£16.05
-0.4%
-0.3%
6,406
2.0%
0.3%
2023
£16.11
0.3%
0.1%
5,401
1.7%
0.3%
2022
£16.06
1.7%
-0.2%
4,252
1.3%
0.4%
2021
£15.78
-1.3%
-1.9%
2,898
0.9%
0.5%
2020
£16.00
-0.6%
-0.6%
1,415
0.5%
0.5%
YTD
£16.04
-0.3%
-0.3%
0
0%
0%
2019
£16.09
1.0%
0%
0
0%
0%
2018
£15.93
9.5%
-1.0%
0
0%
0%
2017
£14.55
0.5%
-9.6%
0
0%
0%
2016
£14.47
7.6%
-10.1%
0
0%
-0.2%
2015
£13.45
5.6%
-16.4%
600
0.2%
-0.1%
2014
£12.74
-1.2%
-20.9%
900
0.3%
-0.8%
2013
£12.89
0%
-19.9%
3,289
1.1%
0.9%
2012
£12.89
-5.1%
-19.9%
500
0.2%
0%
2011
£13.58
0.9%
-15.6%
500
0.2%
0%
2010
£13.45
-1.7%
-16.4%
500
0.2%
0.2%
2009
£13.68
-3.8%
-15.0%
0
0%
-0.2%
2008
£14.22
-1.9%
-11.7%
500
0.2%
0.2%
Copyrighted report licensed to MediHoldings Limited - 1016526
15/07/2020 Page 15
Rent & Vacancy Derby Central Office 3 STAR RENT & VACANCY Market Rent
Vacancy
Year
Per SF
% Growth
Vs Hist Peak
SF
Percent
Ppts Chg
2024
£12.27
0.4%
0%
86,752
3.6%
0%
2023
£12.22
1.1%
-0.4%
86,656
3.6%
-0.1%
2022
£12.09
2.4%
-1.5%
87,942
3.7%
-0.1%
2021
£11.80
-0.9%
-3.8%
89,835
3.8%
0.1%
2020
£11.91
0.6%
-2.9%
88,414
3.7%
-2.6%
YTD
£11.94
0.8%
-2.7%
80,935
3.4%
-2.9%
2019
£11.84
-2.3%
-3.5%
150,470
6.3%
-2.3%
2018
£12.12
6.4%
-1.2%
205,932
8.6%
-0.6%
2017
£11.39
-1.7%
-7.2%
219,501
9.2%
0.9%
2016
£11.58
5.0%
-5.6%
196,969
8.3%
-3.5%
2015
£11.04
3.1%
-10.0%
293,418
11.7%
-3.2%
2014
£10.70
1.2%
-12.8%
378,949
14.9%
-0.6%
2013
£10.58
-3.9%
-13.8%
392,161
15.5%
4.5%
2012
£11.01
-3.5%
-10.3%
277,763
11.0%
1.3%
2011
£11.41
-3.0%
-7.0%
245,046
9.7%
-1.6%
2010
£11.75
2.0%
-4.2%
284,158
11.3%
1.7%
2009
£11.53
-6.1%
-6.1%
240,085
9.6%
0%
2008
£12.27
0.8%
0%
228,004
9.6%
3.6%
1 & 2 STAR RENT & VACANCY Market Rent
Vacancy
Year
Per SF
% Growth
Vs Hist Peak
SF
Percent
Ppts Chg
2024
£12.35
-0.5%
-2.9%
42,761
2.9%
0.1%
2023
£12.42
0.1%
-2.3%
41,768
2.9%
0%
2022
£12.40
1.5%
-2.5%
41,621
2.9%
0%
2021
£12.23
-1.8%
-3.9%
41,839
2.9%
0.1%
2020
£12.45
-2.1%
-2.1%
40,023
2.7%
-0.4%
YTD
£12.52
-1.6%
-1.6%
36,290
2.5%
-0.7%
2019
£12.72
5.0%
0%
46,206
3.2%
-0.9%
2018
£12.11
12.4%
-4.7%
59,335
4.1%
-1.6%
2017
£10.78
1.0%
-15.3%
83,273
5.7%
-0.5%
2016
£10.67
9.9%
-16.1%
89,892
6.1%
1.4%
2015
£9.71
8.5%
-23.6%
69,151
4.7%
-3.4%
2014
£8.95
-1.5%
-29.6%
119,058
8.1%
-1.9%
2013
£9.09
1.5%
-28.5%
146,714
10.0%
-0.7%
2012
£8.95
-5.9%
-29.6%
156,292
10.7%
2.7%
2011
£9.51
5.7%
-25.2%
116,998
8.0%
2.9%
2010
£9.00
-3.9%
-29.2%
73,991
5.1%
1.5%
2009
£9.36
-3.5%
-26.4%
52,855
3.6%
0.3%
2008
£9.70
-5.4%
-23.7%
48,122
3.4%
1.3%
Copyrighted report licensed to MediHoldings Limited - 1016526
15/07/2020 Page 16
Sale Trends Derby Central Office OVERALL SALES Completed Transactions (1)
Market Pricing Trends (2)
Year
Deals
Volume
Turnover
Avg Price
Avg Price/SF
Avg Yield
Price/SF
Price Index
Yield
2024
-
-
-
-
-
-
£131.86
134
9.4%
2023
-
-
-
-
-
-
£132.91
136
9.4%
2022
-
-
-
-
-
-
£132.08
135
9.4%
2021
-
-
-
-
-
-
£129.83
132
9.4%
2020
-
-
-
-
-
-
£132.79
135
9.3%
YTD
3
£202.5K
1.7%
-
£118.42
-
£132.41
135
9.2%
2019
14
£17.6M
6.2%
£2,452,500
£107.39
7.0%
£132.62
135
9.1%
2018
17
£18.8M
4.3%
£2,242,074
£151.70
7.1%
£131.07
134
9.0%
2017
12
£375K
1.1%
£375,000
£149.40
-
£114.03
116
9.5%
2016
19
£16.8M
5.2%
£1,580,651
£84.36
10.0%
£103.52
106
10.2%
2015
27
£2.7M
3.8%
£385,000
£56.06
12.6%
£98.09
100
10.4%
2014
5
£2.8M
0.8%
£567,700
£79.47
6.6%
£91.34
93
10.8%
2013
12
£5.1M
5.3%
£1,025,000
£27.11
-
£82.80
84
11.8%
2012
10
£767.5K
3.0%
£191,875
£55.21
-
£83.54
85
12.0%
2011
8
£3.4M
1.5%
£843,000
£65.20
6.7%
£90.70
92
11.4%
2010
7
£1.3M
1.2%
£319,750
£37.24
-
£95.72
98
11.1%
2009
7
£2.1M
1.1%
£347,250
£48.78
-
£95.96
98
11.2%
(1) Completed transaction data is based on actual arms-length sales transactions and levels are dependent on the mix of what happened to sell in the period. (2) Market price trends data is based on the estimated price movement of all properties in the market, informed by actual transactions that have occurred.
4 & 5 STAR SALES Completed Transactions (1)
Market Pricing Trends (2)
Year
Deals
Volume
Turnover
Avg Price
Avg Price/SF
Avg Yield
Price/SF
Price Index
Yield
2024
-
-
-
-
-
-
£166.91
134
8.7%
2023
-
-
-
-
-
-
£168.96
136
8.6%
2022
-
-
-
-
-
-
£168.58
136
8.6%
2021
-
-
-
-
-
-
£166.18
134
8.7%
2020
-
-
-
-
-
-
£170.31
137
8.5%
YTD
-
-
-
-
-
-
£169.76
137
8.5%
2019
1
£11.2M
24.2%
£11,150,000
£146.92
-
£169.67
137
8.3%
2018
1
£4.9M
10.3%
£4,900,000
£151.19
8.9%
£172.41
139
8.1%
2017
-
-
-
-
-
-
£152.58
123
8.6%
2016
-
-
-
-
-
-
£136.46
110
9.2%
2015
-
-
-
-
-
-
£129.84
105
9.3%
2014
-
-
-
-
-
-
£120.53
97
9.7%
2013
-
-
-
-
-
-
£106.46
86
10.7%
2012
1
£0.00
9.9%
-
-
-
£108.89
88
10.8%
2011
-
-
-
-
-
-
£116.47
94
10.3%
2010
-
-
-
-
-
-
£123.27
99
10.0%
2009
-
-
-
-
-
-
£122.60
99
10.2%
(1) Completed transaction data is based on actual arms-length sales transactions and levels are dependent on the mix of what happened to sell in the period. (2) Market price trends data is based on the estimated price movement of all properties in the market, informed by actual transactions that have occurred.
Copyrighted report licensed to MediHoldings Limited - 1016526
15/07/2020 Page 17
Sale Trends Derby Central Office 3 STAR SALES Completed Transactions (1)
Market Pricing Trends (2)
Year
Deals
Volume
Turnover
Avg Price
Avg Price/SF
Avg Yield
Price/SF
Price Index
Yield
2024
-
-
-
-
-
-
£136.17
139
9.4%
2023
-
-
-
-
-
-
£136.76
139
9.3%
2022
-
-
-
-
-
-
£135.40
138
9.3%
2021
-
-
-
-
-
-
£132.60
135
9.4%
2020
-
-
-
-
-
-
£135.19
138
9.2%
YTD
3
£202.5K
3.0%
-
£118.42
-
£134.69
137
9.2%
2019
8
£5.7M
3.5%
£1,053,500
£73.97
7.0%
£134.85
137
9.0%
2018
13
£13.6M
5.8%
£1,862,370
£160.03
6.6%
£133.51
136
9.0%
2017
8
£375K
1.4%
£375,000
£149.40
-
£114.60
117
9.6%
2016
10
£15.1M
8.2%
£2,960,000
£83.39
10.0%
£104.35
106
10.3%
2015
12
£1.3M
3.7%
£423,333
£80.77
-
£98.28
100
10.6%
2014
2
£2.2M
0.6%
£1,103,000
£154.05
-
£91.81
94
10.9%
2013
7
£4M
7.0%
£4,000,000
£28.12
-
£83.01
85
11.9%
2012
6
£402.5K
3.5%
£201,250
£38.24
-
£83.56
85
12.2%
2011
5
£3M
2.4%
£1,487,500
£61.83
6.7%
£90.89
93
11.6%
2010
6
£629K
1.7%
£209,667
£24.18
-
£96.54
98
11.2%
2009
6
£1.8M
1.8%
£369,700
£45.40
-
£95.89
98
11.4%
(1) Completed transaction data is based on actual arms-length sales transactions and levels are dependent on the mix of what happened to sell in the period. (2) Market price trends data is based on the estimated price movement of all properties in the market, informed by actual transactions that have occurred.
1 & 2 STAR SALES Completed Transactions (1)
Market Pricing Trends (2)
Year
Deals
Volume
Turnover
Avg Price
Avg Price/SF
Avg Yield
Price/SF
Price Index
2024
-
-
-
-
-
-
£117.30
127
9.6%
Yield
2023
-
-
-
-
-
-
£118.88
129
9.6%
2022
-
-
-
-
-
-
£118.82
129
9.6%
2021
-
-
-
-
-
-
£117.51
127
9.6%
2020
-
-
-
-
-
-
£120.82
131
9.5%
YTD
-
-
-
-
-
-
£120.67
131
9.4%
2019
5
£750K
6.8%
£750,000
£68.25
-
£121.01
131
9.3%
2018
3
£353K
0.5%
-
£51.29
-
£118.20
128
9.3%
2017
4
£0.00
0.7%
-
-
-
£104.81
114
9.7%
2016
9
£1.6M
1.6%
£201,302
£94.48
-
£95.11
103
10.4%
2015
15
£1.4M
4.7%
£356,250
£44.05
12.6%
£90.96
99
10.4%
2014
3
£632.5K
1.5%
£210,833
£29.56
6.6%
£84.31
91
10.9%
2013
5
£1.1M
3.3%
£281,250
£24.04
-
£77.39
84
11.7%
2012
3
£365K
0.8%
£182,500
£108.15
-
£78.05
85
12.0%
2011
3
£397K
0.3%
£198,500
£110.19
-
£84.86
92
11.3%
2010
1
£650K
0.6%
£650,000
£78.05
-
£88.46
96
11.1%
2009
1
£235K
0.1%
£235,000
£117.50
-
£90.37
98
11.1%
(1) Completed transaction data is based on actual arms-length sales transactions and levels are dependent on the mix of what happened to sell in the period. (2) Market price trends data is based on the estimated price movement of all properties in the market, informed by actual transactions that have occurred.
Copyrighted report licensed to MediHoldings Limited - 1016526
15/07/2020 Page 18