House Prices in DE23 House Prices in DE23 (Derby)

The average house price in DE23 (Derby) is £263,438 using HM Land Registry data.

The average property price increased by £45,960 (74.11%) over the last 5 years and increased by £9,209 (8.44%) over the last 12 months.

Over the last year, there were 345 residential property sales – a decrease of 204 transactions (-59.13%) relative to the previous year. The majority of house sales (76) were in the £202,000 - £258,000 range. Then came properties in the £146,000 - £202,000 range, where 67 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 74 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,189 (-2%).

In Oct 24, there were 69 new estate agency instructions, 63 agreed home sales and 58 property price reductions.

5-Year Average Property Prices in DE23 (Derby)

74.11%

Property prices in Derby increased by 74.11% 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 DE23 (Derby) Over the Last Year

8.44%

Property prices in Derby increased by 8.44% 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.

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).

Property Market Heat Gauge for DE23 (Derby) - Oct 24

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 DE23 (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 DE23 (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 DE23 (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 DE23 (Derby) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DE23 postcode area since 1995.

Recent Sales in DE23 (Derby)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
480 Stenson Road, Derby, City Of Derby, DE23 1LN£230,000£230,000£0018 Apr 202421 Aug 2024125 Days
14 Vicarage Avenue, Derby, City Of Derby, DE23 6TP£250,000£244,316-£5,68422 Mar 202415 Aug 2024146 Days
51 Brunswick Street, Derby, City Of Derby, DE23 8TQ£130,000£129,000-£1,00006 Mar 202402 Aug 2024149 Days
3 Ingleby Avenue, Derby, City Of Derby, DE23 8DL£300,000£280,000-£20,00020 Feb 202422 Jul 2024153 Days
1 Dovestone Gardens, Littleover, Derby, City Of Derby, DE23 4EJ£885,000£860,000-£25,00003 Nov 202315 Jul 2024255 Days
2 Alexandre Close, Littleover, Derby, City Of Derby, DE23 1GZ£220,000£210,000-£10,00013 Oct 202302 Jul 2024263 Days
59 Rosamonds Ride, Derby, City Of Derby, DE23 6JS£180,000£169,000-£11,00026 Feb 202428 Jun 2024123 Days
14 Farmlands Lane, Littleover, Derby, City Of Derby, DE23 2UR£360,000£355,000-£5,00022 Mar 202428 Jun 202498 Days
61 Swanmore Road, Littleover, Derby, City Of Derby, DE23 3SY£350,000£337,500-£12,50009 Feb 202427 Jun 2024139 Days
11 Aston Road, Littleover, Derby, City Of Derby, DE23 2PH£180,000£180,000£0025 Jan 202426 Jun 2024153 Days
9 Andrew Close, Littleover, Derby, City Of Derby, DE23 4AU£270,000£260,000-£10,00012 Jan 202425 Jun 2024165 Days
11 Thyme Close, Littleover, Derby, City Of Derby, DE23 2JT£269,000£267,000-£2,00012 Nov 202314 Jun 2024215 Days
4 Maypole Lane, Littleover, Derby, City Of Derby, DE23 4BQ£270,000£250,000-£20,00011 Jan 202414 Jun 2024155 Days
44 Mimosa Crescent, Sunnyhill, Derby, City Of Derby, DE23 1WP£140,000£135,000-£5,00006 Dec 202310 Jun 2024187 Days
18 Rossington Drive, Littleover, Derby, City Of Derby, DE23 3UP£240,000£240,000£0025 Jan 202407 Jun 2024134 Days
28 Silver Hill Road, Derby, City Of Derby, DE23 6UJ£127,000£90,000-£37,00001 Jun 202331 May 2024365 Days
26 Harpur Avenue, Littleover, Derby, City Of Derby, DE23 3EJ£210,000£210,000£0026 Dec 202331 May 2024157 Days
119 Normanton Lane, Littleover, Derby, City Of Derby, DE23 6GR£270,000£260,000-£10,00022 Jan 202429 May 2024128 Days
14 Lark Close, Littleover, Derby, City Of Derby, DE23 2TE£190,000£190,000£0001 Feb 202429 May 2024118 Days
Flat 10, Holmfield, Stenson Road, Derby, City Of Derby, DE23 1QW£85,000£85,000£0014 Nov 201717 May 20242376 Days

Most Expensive Streets in DE23 (Derby)

PostcodeStreetAreaAverageNo. of Sales
DE23 4EEKeats Avenue, LittleoverDerby£851,0005
DE23 6NTOak Drive, LittleoverDerby£684,9905
DE23 4EBChain Lane, LittleoverDerby£632,6005
DE23 6BWFarley RoadDerby£598,7374
DE23 3YHHargreaves Close, LittleoverDerby£542,6663
DE23 3YGBramblewick Drive, LittleoverDerby£534,0003
DE23 6AQWhitaker RoadDerby£512,5004
DE23 3WRWoodcote Way, LittleoverDerby£493,2506
DE23 4ANRykneld Road, LittleoverDerby£483,3333
DE23 6ERScarsdale Avenue, LittleoverDerby£482,5003

Least Expensive Streets in DE23 (Derby)

PostcodeStreetAreaAverageNo. of Sales
DE23 6LHWarwick AvenueDerby£61,54511
DE23 2NRBlair House, Blagreaves AvenueDerby£65,5003
DE23 6GEChurch Street, LittleoverDerby£70,5003
DE23 1QWHolmfield, Stenson RoadDerby£73,1666
DE23 8JEReeves RoadDerby£75,3005
DE23 8QPCrewe StreetDerby£77,7005
DE23 6QTChurch StreetDerby£78,2004
DE23 8JAHolcombe StreetDerby£78,8333
DE23 8LHDouglas StreetDerby£80,9333
DE23 8SRViolet StreetDerby£81,8754

Explore DE23 (Derby) using map