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House Prices in DE22

The average house price in DE22 (Derby) is £246,824 using HM Land Registry data.

The average property price increased by £51,640 (37.36%) over the last 5 years and increased by £10,324 (5.24%) over the last 12 months.

Over the last year, there were 481 residential property sales – a decrease of 219 transactions (-45.53%) relative to the previous year. The majority of house sales (107) were in the £110,000 - £178,000 range. Then came properties in the £246,000 - £314,000 range, where 97 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,031 (-2%).

In June 2024, there were 111 new estate agency instructions, 91 agreed home sales and 55 property price reductions.

5-Year Average Property Prices in DE22 (Derby)

37.36%

Property prices in Derby increased by 37.36% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in DE22 (Derby) Over the Last Year

5.24%

Property prices in Derby increased by 5.24% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for DE22 (Derby) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in DE22 (Derby)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in DE22 (Derby)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in DE22 (Derby)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the DE22 (Derby) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DE22 postcode area since 1995.

Recent Sales in DE22 (Derby)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
21 Spring Street, Derby, City Of Derby, DE22 3UF	£145,000	£128,000	-£17,000	09 Jan 2024	07 May 2024	119 Days
57 Church Lane, Darley Abbey, Derby, City Of Derby, DE22 1EX	£450,000	£435,000	-£15,000	09 Oct 2023	16 Apr 2024	190 Days
18 Arnold Street, Derby, City Of Derby, DE22 3EU	£125,000	£75,000	-£50,000	07 Jul 2020	09 Apr 2024	1372 Days
21 Stockbrook Road, Derby, City Of Derby, DE22 3PL	£142,000	£137,000	-£5,000	11 Jan 2024	05 Apr 2024	85 Days
154 Allestree Lane, Allestree, Derby, City Of Derby, DE22 2JY	£579,950	£560,000	-£19,950	01 Nov 2023	03 Apr 2024	154 Days
63 Blenheim Drive, Allestree, Derby, City Of Derby, DE22 2LF	£290,000	£290,000	£00	08 Dec 2023	28 Mar 2024	111 Days
8 Woodstock Close, Allestree, Derby, City Of Derby, DE22 2LP	£289,950	£286,000	-£3,950	14 Jul 2023	28 Mar 2024	258 Days
102 Westbourne Park, Derby, City Of Derby, DE22 4GZ	£199,950	£180,000	-£19,950	12 Sep 2023	28 Mar 2024	198 Days
30 New Zealand Square, Derby, City Of Derby, DE22 3BZ	£165,000	£165,000	£00	08 Nov 2023	28 Mar 2024	141 Days
16 Acton Road, Derby, City Of Derby, DE22 4JF	£160,000	£160,000	£00	01 Sep 2023	22 Mar 2024	203 Days
17 Welbeck Grove, Allestree, Derby, City Of Derby, DE22 2LS	£325,000	£315,000	-£10,000	04 Dec 2023	21 Mar 2024	108 Days
3 St Katherines Court, Derby, City Of Derby, DE22 3AY	£270,000	£247,000	-£23,000	12 Oct 2023	08 Mar 2024	148 Days
42 Dovedale Rise, Allestree, Derby, City Of Derby, DE22 2RE	£325,000	£323,000	-£2,000	10 Oct 2023	01 Mar 2024	143 Days
11 Maple Grove, Allestree, Derby, City Of Derby, DE22 2HD	£300,000	£300,000	£00	15 Jul 2023	29 Feb 2024	229 Days
5 Larch Close, Allestree, Derby, City Of Derby, DE22 2JA	£340,000	£335,000	-£5,000	15 Sep 2023	28 Feb 2024	166 Days
1 St Brides Walk, Derby, City Of Derby, DE22 4BX	£180,000	£180,000	£00	14 Aug 2023	26 Feb 2024	196 Days
2 Ford Lane, Allestree, Derby, City Of Derby, DE22 2EW	£565,000	£523,000	-£42,000	28 May 2021	19 Feb 2024	997 Days
12 Westleigh Avenue, Derby, City Of Derby, DE22 3BX	£190,000	£190,000	£00	22 Sep 2023	19 Feb 2024	150 Days
47 Riddings Street, Derby, City Of Derby, DE22 3UT	£100,000	£81,000	-£19,000	04 Aug 2023	19 Feb 2024	199 Days
9 Kensal Rise, Derby, City Of Derby, DE22 4DA	£200,000	£195,000	-£5,000	14 Jul 2023	16 Feb 2024	217 Days

Most Expensive Streets in DE22 (Derby)

Postcode	Street	Area	Average	No. of Sales
DE22 5JS	Burley Lane, Quarndon	Derby	£913,909	11
DE22 5JR	Burley Lane, Quarndon	Derby	£877,825	6
DE22 2FP	Kings Croft, Allestree	Derby	£864,912	8
DE22 5JW	Montpelier, Quarndon	Derby	£762,600	5
DE22 2ED	Curbar Close	Derby	£751,237	4
DE22 1ES	Duffield Road	Derby	£740,750	10
DE22 5JA	Church Road, Quarndon	Derby	£728,213	7
DE22 5JU	Woodlands Lane, Quarndon	Derby	£671,388	9
DE22 1EX	Church Lane, Darley Abbey	Derby	£665,000	4
DE22 2NJ	Poppyfields Meadow, Allestree	Derby	£651,862	4

Least Expensive Streets in DE22 (Derby)

Postcode	Street	Area	Average	No. of Sales
DE22 2UZ	Lambourn Court, Lambourn Drive	Derby	£47,486	8
DE22 1GR	Queens Court	Derby	£55,000	4
DE22 2QE	Kedleston Court, Norbury Close	Derby	£63,500	4
DE22 3XH	The Windsor, Drewry Court	Derby	£67,500	6
DE22 1FY	Kedleston Road	Derby	£68,683	22
DE22 2QF	Kedleston Court, Norbury Close	Derby	£70,166	12
DE22 3YE	Kingsway Boulevard	Derby	£70,500	3
DE22 1AJ	Norfolk Gardens	Derby	£76,900	11
DE22 2YB	Norbury Court, Allestree	Derby	£88,937	4
DE22 3LR	Mill Point, Rowditch Place	Derby	£89,944	9