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House Prices in DE24

The average house price in DE24 (Derby) is £218,140 using HM Land Registry data.

The average property price increased by £48,622 (42.87%) over the last 5 years and increased by £9,721 (5.81%) over the last 12 months.

Over the last year, there were 492 residential property sales – a decrease of 229 transactions (-46.54%) relative to the previous year. The majority of house sales (130) were in the £144,000 - £178,000 range. Then came properties in the £178,000 - £212,000 range, where 95 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 56 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,625 (-1%).

In June 2024, there were 116 new estate agency instructions, 72 agreed home sales and 37 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.

Property Market Heat Gauge for DE24 (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 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
22 Commerce Street, Derby, City Of Derby, DE24 8TQ	£125,000	£125,000	£00	16 Feb 2024	21 May 2024	95 Days
192 Baker Street, Alvaston, Derby, City Of Derby, DE24 8SF	£150,000	£150,000	£00	11 Nov 2023	15 May 2024	186 Days
8 Nesfield Close, Alvaston, Derby, City Of Derby, DE24 0QT	£270,000	£265,000	-£5,000	28 Jul 2023	10 May 2024	287 Days
198 Chellaston Road, Derby, City Of Derby, DE24 9EA	£260,000	£255,000	-£5,000	30 Oct 2023	30 Apr 2024	183 Days
121 Sinfin Avenue, Shelton Lock, Derby, City Of Derby, DE24 9EY	£220,000	£210,000	-£10,000	19 Sep 2023	29 Apr 2024	223 Days
29 Arlington Drive, Alvaston, Derby, City Of Derby, DE24 0AW	£200,000	£200,000	£00	02 Jan 2024	26 Apr 2024	115 Days
18 Cairngorm Drive, Sinfin, Derby, City Of Derby, DE24 3JT	£155,000	£145,000	-£10,000	12 Feb 2024	19 Apr 2024	67 Days
19 Ashtree Avenue, Derby, City Of Derby, DE24 8EW	£200,000	£200,000	£00	20 Oct 2023	02 Apr 2024	165 Days
26 Orkney Close, Sinfin, Derby, City Of Derby, DE24 3LW	£190,000	£186,000	-£4,000	13 Oct 2023	22 Mar 2024	161 Days
20 Irvine Close, Stenson Fields, Derby, Derbyshire, DE24 3HS	£400,000	£390,000	-£10,000	10 Oct 2023	21 Mar 2024	163 Days
18 Carlton Gardens, Shelton Lock, Derby, City Of Derby, DE24 9EL	£210,000	£205,000	-£5,000	24 Oct 2023	13 Mar 2024	141 Days
38 Gairloch Close, Stenson Fields, Derby, Derbyshire, DE24 3AH	£284,995	£275,000	-£9,995	13 Jun 2023	23 Feb 2024	255 Days
85 Shardlow Road, Alvaston, Derby, City Of Derby, DE24 0JP	£290,000	£285,000	-£5,000	14 Jul 2023	20 Feb 2024	221 Days
40 Dalkeith Avenue, Alvaston, Derby, City Of Derby, DE24 0BG	£220,000	£210,000	-£10,000	12 May 2023	16 Feb 2024	280 Days
44 Davenport Road, Derby, City Of Derby, DE24 8AX	£145,000	£141,000	-£4,000	31 May 2023	09 Feb 2024	254 Days
62 Coral Close, Derby, City Of Derby, DE24 1AP	£115,000	£112,500	-£2,500	16 Oct 2023	02 Feb 2024	109 Days
10 Selborne Street, Derby, City Of Derby, DE24 8WF	£100,000	£100,000	£00	30 Oct 2023	26 Jan 2024	88 Days
34 Luccombe Drive, Alvaston, Derby, City Of Derby, DE24 0XD	£105,000	£93,500	-£11,500	13 Jun 2022	26 Jan 2024	592 Days
31 Tregony Way, Stenson Fields, Derby, Derbyshire, DE24 3LG	£115,000	£111,500	-£3,500	19 Aug 2023	22 Jan 2024	156 Days
18 Rosemary Drive, Alvaston, Derby, City Of Derby, DE24 0TA	£200,000	£200,000	£00	19 Apr 2023	19 Jan 2024	275 Days

Most Expensive Streets in DE24 (Derby)

Postcode	Street	Area	Average	No. of Sales
DE24 5BU	Barnard Drive, Boulton Moor	Derby	£373,624	8
DE24 5BX	Sandal Close, Boulton Moor	Derby	£366,998	5
DE24 5BE	Marisco Close, Boulton Moor	Derby	£364,250	4
DE24 5AB	Colwell Drive, Boulton Moor	Derby	£321,908	6
DE24 3FH	Betony Close, Stenson Fields	Derby	£319,666	3
DE24 3JG	Pilgrims Way, Stenson Fields	Derby	£314,357	7
DE24 3GQ	Whitsome Road	Derby	£306,665	3
DE24 5AH	Willow Croft, Boulton Moor	Derby	£305,333	3
DE24 3GJ	Cheswick Road	Derby	£301,496	10
DE24 3LS	Glencroft Drive, Stenson Fields	Derby	£299,000	3

Least Expensive Streets in DE24 (Derby)

Postcode	Street	Area	Average	No. of Sales
DE24 8YR	Brindley Court, Wilkins Drive	Derby	£35,678	14
DE24 8JX	Harvey Road	Derby	£82,666	3
DE24 8AY	Davenport Road	Derby	£89,000	6
DE24 8SY	Brighton Road, Alvaston	Derby	£89,237	4
DE24 0RF	Stonesdale Court, Alvaston	Derby	£89,500	4
DE24 8JZ	Harvey Road	Derby	£90,185	3
DE24 0RY	Keldholme Lane, Alvaston	Derby	£90,908	6
DE24 8AT	Grosvenor Street	Derby	£93,625	6
DE24 1AJ	Java Court	Derby	£94,625	4
DE24 5DA	Hadleigh Court, Bampton Close	Derby	£94,632	7