Derby, located in the East Midlands region of England, lies on the banks of the River Derwent providing an eye-opening natural water feature running through the heart of the city centre.
Derby grew exponentially in the industrial era inevitably becoming the centre of the British rail industry. From then on, Derby has a claim to be one of the birthplaces of the Industrial Revolution.
At present, Derby is home for the bases of Rolls Royce, Toyota and Bombardier who are engaged in engineering manufacturing.
Platinum Estates is a short walk away from Derby Cathedral (built 1725) – the pinnacle of Derby’s skyline with it having the second highest perpendicular church tower in the United Kingdom.
Our central office is surrounded by Derby’s historical architecture and is also steps away from the Derby Museum and Art Gallery which holds some of the world’s greatest collection of work by Joseph Wright of Derby.
Effects of the COVID-19 pandemic has led to Derby house prices rising to an outstanding 14% on average within the last 18 months.
The average property price in Derby currently is approximately £230,000. In comparison to the average property price throughout England averaging at £344,000, this shows how Derby is becoming a highly sought-after city.
Derby’s properties are quickly increasing in demand, making the city a prime location for investment properties with thanks to its
- High employment rate
- Great transport links
- Competitive house prices
- Affordable rents
The University of Derby currently enrols over 28,000 students leading to an increasing demand for student accommodation within the city.
Royal Derby Hospital provides various employment opportunities with approximately 13,000 current members of staff. This has formed a surge of demand and increase in market value for properties located in Derby’s leafy suburbs of Littleover and Mickleover.
Derby is home to the world’s second largest aero-engine manufacturer – Rolls Royce. Being one of Derby’s biggest employers, the local Rolls Royce sites currently hold a workforce of approximately 12,000 people. The engineering and corporate giant employs workers from around the world, leading to a competitive influx in the property market when recruitment is taking place.
Derby is located in the heart of England providing great accessibility for commuters and visitors, with direct links to the A52, A38 and M1. Derby Train Station consists of 6 platforms and Derby Bus Station has 29 bays, some of which used by National Express, allowing public transport in and around the city to be of ease.
With Derby welcoming more people from around the country and overseas, tourism of the city and the county of Derbyshire has boosted with it encompassing national heritage sites such as Chatsworth House and the world-admired beauty hotspot the Peak District National Park.
With Derby’s ever-growing population and development, the demand for property is rapidly increasing, imminently leading to a bigger and brighter future of the city.