House Prices in DE24 House Prices in DE24 (Derby)

The average house price in DE24 (Derby) is £203,083 using HM Land Registry data.

The average property price increased by £51,222 (42.87%) over the last 5 years and increased by £10,263 (5.81%) over the last 12 months.

Over the last year, there were 489 residential property sales – a decrease of 170 transactions (-34.76%) relative to the previous year. The majority of house sales (123) were in the £152,000 - £184,000 range. Then came properties in the £184,000 - £216,000 range, where 98 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 86 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,737 (-2%).

In Dec 24, there were 36 new estate agency instructions, 55 agreed home sales and 25 property price reductions.

5-Year Average Property Prices in DE24 (Derby)

42.87%

Property prices in Derby increased by 42.87% 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 DE24 (Derby) Over the Last Year

5.81%

Property prices in Derby increased by 5.81% 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 DE24 (Derby) - Dec 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 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 DE24 (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 DE24 (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 DE24 (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 DE24 (Derby) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DE24 postcode area since 1995.

Recent Sales in DE24 (Derby)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
329 Osmaston Park Road, Derby, City Of Derby, DE24 8DA£190,000£190,000£0031 May 202418 Nov 2024171 Days
17 Beaufort Road, Stenson Fields, Derby, Derbyshire, DE24 3BA£270,000£267,500-£2,50003 Jul 202415 Nov 2024135 Days
18 Tayside Close, Stenson Fields, Derby, Derbyshire, DE24 3HB£325,000£318,000-£7,00029 May 202415 Nov 2024170 Days
30 Woodchester Drive, Alvaston, Derby, City Of Derby, DE24 0TN£230,000£220,000-£10,00004 Jul 202406 Nov 2024125 Days
365 Boulton Lane, Derby, City Of Derby, DE24 9FT£110,000£100,000-£10,00010 Jun 202401 Nov 2024144 Days
5 Moor Drive, Alvaston, Derby, City Of Derby, DE24 0DQ£220,000£215,000-£5,00004 Jun 202431 Oct 2024149 Days
425 Boulton Lane, Derby, City Of Derby, DE24 9DL£200,000£195,000-£5,00023 May 202431 Oct 2024161 Days
92 Boulton Lane, Derby, City Of Derby, DE24 0FE£250,000£240,000-£10,00016 Apr 202424 Oct 2024191 Days
13 Tiber Close, Alvaston, Derby, City Of Derby, DE24 0TQ£280,000£275,000-£5,00029 Dec 202309 Aug 2024224 Days
21 Kirkistown Close, Alvaston, Derby, City Of Derby, DE24 0SW£195,000£185,000-£10,00012 Mar 202406 Aug 2024147 Days
8 Babbacombe Close, Alvaston, Derby, City Of Derby, DE24 0QU£400,000£400,000£0013 Apr 202406 Aug 2024115 Days
50 Shakespeare Street, Sinfin, Derby, City Of Derby, DE24 9HF£175,000£175,000£0015 May 202405 Aug 202482 Days
167 Chellaston Road, Derby, City Of Derby, DE24 9DZ£495,000£490,000-£5,00008 Jan 202402 Aug 2024207 Days
151 Shardlow Road, Alvaston, Derby, City Of Derby, DE24 0JT£360,000£360,000£0018 Mar 202426 Jul 2024130 Days
141 Boulton Lane, Derby, City Of Derby, DE24 0FH£230,000£230,000£0025 Aug 202318 Jul 2024328 Days
31 Benson Street, Alvaston, Derby, City Of Derby, DE24 8NR£180,000£180,000£0015 Jan 202412 Jul 2024179 Days
39 Glastonbury Road, Alvaston, Derby, City Of Derby, DE24 0YA£210,000£207,000-£3,00022 Feb 202405 Jul 2024134 Days
7 Beaufort Road, Stenson Fields, Derby, Derbyshire, DE24 3BA£200,000£195,000-£5,00020 Feb 202401 Jul 2024132 Days
11 Maple Drive, Alvaston, Derby, City Of Derby, DE24 0FT£245,000£245,000£0024 Jan 202428 Jun 2024156 Days
24 Orchard Close, Boulton Moor, Derby, Derbyshire, DE24 5AE£249,500£248,000-£1,50027 Nov 202325 Jun 2024211 Days

Most Expensive Streets in DE24 (Derby)

PostcodeStreetAreaAverageNo. of Sales
DE24 5BXSandal Close, Boulton MoorDerby£373,9995
DE24 5BUBarnard Drive, Boulton MoorDerby£371,2857
DE24 5BEMarisco Close, Boulton MoorDerby£364,2504
DE24 0QUBabbacombe Close, AlvastonDerby£352,5003
DE24 3GJCheswick RoadDerby£339,9963
DE24 9DZChellaston RoadDerby£325,0003
DE24 5ABColwell Drive, Boulton MoorDerby£320,2506
DE24 3FHBetony Close, Stenson FieldsDerby£319,6663
DE24 3JGPilgrims Way, Stenson FieldsDerby£316,9378
DE24 3GQWhitsome RoadDerby£315,6653

Least Expensive Streets in DE24 (Derby)

PostcodeStreetAreaAverageNo. of Sales
DE24 8YRBrindley Court, Wilkins DriveDerby£36,20010
DE24 9JZStonyhurst Court, Sinfin AvenueDerby£58,3333
DE24 8AYDavenport RoadDerby£89,0006
DE24 8JZHarvey RoadDerby£90,1853
DE24 1AJJava CourtDerby£93,8333
DE24 8TSAllestree StreetDerby£94,8333
DE24 8SYBrighton Road, AlvastonDerby£95,9833
DE24 8WFSelborne StreetDerby£98,79511
DE24 5DAHadleigh Court, Bampton CloseDerby£99,2973
DE24 8AZHandel StreetDerby£99,7208

Explore DE24 (Derby) using map