House Prices in DE24 House Prices in DE24 (Derby)

The average house price in DE24 (Derby) is £210,976 using HM Land Registry data.

The average property price increased by £51,789 (42.87%) over the last 5 years and increased by £10,377 (5.81%) over the last 12 months.

Over the last year, there were 448 residential property sales – a decrease of 203 transactions (-45.31%) relative to the previous year. The majority of house sales (114) were in the £152,000 - £184,000 range. Then came properties in the £184,000 - £216,000 range, where 87 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 53 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,625 (-1%).

In Oct 24, there were 100 new estate agency instructions, 86 agreed home sales and 39 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) - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 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
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
50 Dickinson Street, Derby, City Of Derby, DE24 8WJ£140,000£135,000-£5,00021 Sep 202320 Jun 2024273 Days
124 Allestree Close, Derby, City Of Derby, DE24 8SX£100,000£100,000£0008 Jan 202017 Jun 20241622 Days
51 Glastonbury Road, Alvaston, Derby, City Of Derby, DE24 0YA£250,000£235,000-£15,00012 Dec 202313 Jun 2024184 Days
33 Gairloch Close, Stenson Fields, Derby, Derbyshire, DE24 3AH£180,000£165,000-£15,00006 Feb 202413 Jun 2024128 Days
301 Baker Street, Alvaston, Derby, City Of Derby, DE24 8SG£170,000£165,000-£5,00007 Sep 202312 Jun 2024279 Days
20 Ashwood Close, Derby, City Of Derby, DE24 8XW£95,000£89,000-£6,00031 Oct 202312 Jun 2024225 Days
18 Oulton Close, Shelton Lock, Derby, City Of Derby, DE24 9DU£230,000£230,000£0018 Mar 202407 Jun 202481 Days
40 Chambers Street, Derby, City Of Derby, DE24 8TH£130,000£118,000-£12,00027 Feb 202304 Jun 2024463 Days

Most Expensive Streets in DE24 (Derby)

PostcodeStreetAreaAverageNo. of Sales
DE24 5BUBarnard Drive, Boulton MoorDerby£371,2857
DE24 5BXSandal Close, Boulton MoorDerby£369,9986
DE24 5BEMarisco Close, Boulton MoorDerby£364,2504
DE24 0QUBabbacombe Close, AlvastonDerby£352,5003
DE24 3GJCheswick RoadDerby£339,9963
DE24 5ABColwell Drive, Boulton MoorDerby£321,9086
DE24 3FHBetony Close, Stenson FieldsDerby£319,6663
DE24 3GQWhitsome RoadDerby£315,6653
DE24 0JTShardlow Road, AlvastonDerby£315,0333
DE24 3JGPilgrims Way, Stenson FieldsDerby£314,3577

Least Expensive Streets in DE24 (Derby)

PostcodeStreetAreaAverageNo. of Sales
DE24 8YRBrindley Court, Wilkins DriveDerby£36,27211
DE24 9JZStonyhurst Court, Sinfin AvenueDerby£58,3333
DE24 8AYDavenport RoadDerby£89,0006
DE24 8SYBrighton Road, AlvastonDerby£89,2374
DE24 8JZHarvey RoadDerby£90,1853
DE24 1AJJava CourtDerby£93,8333
DE24 5DAHadleigh Court, Bampton CloseDerby£94,6327
DE24 8TSAllestree StreetDerby£94,8333
DE24 8WFSelborne StreetDerby£94,87510
DE24 8AZHandel StreetDerby£99,7208

Explore DE24 (Derby) using map