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House Prices in DE55 House Prices in DE55 (Alfreton)

The average house price in DE55 (Alfreton) is £196,300 using HM Land Registry data.

The average property price increased by £42,102 (48.45%) over the last 5 years and increased by £8,436 (6.35%) over the last 12 months.

Over the last year, there were 452 residential property sales – a decrease of 281 transactions (-62.17%) relative to the previous year. The majority of house sales (121) were in the £110,000 - £152,000 range. Then came properties in the £152,000 - £194,000 range, where 114 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 76 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,135 (-2%).

In Oct 24, there were 133 new estate agency instructions, 96 agreed home sales and 88 property price reductions.

Nearby Postcodes: DE21, DE22, DE4, DE45, DE5, DE56, DE6, DE7, DE75, NG15, NG16, NG17, NG18, NG19, NG6, NG8, NG9, S18, S32, S42, S44, S45, SK17

5-Year Average Property Prices in DE55 (Alfreton)

48.45%

Property prices in Alfreton increased by 48.45% 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 DE55 (Alfreton) Over the Last Year

6.35%

Property prices in Alfreton increased by 6.35% 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 DE55 (Alfreton) - 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 DE55 (Alfreton)

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 DE55 (Alfreton)

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 DE55 (Alfreton)

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 DE55 (Alfreton) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DE55 postcode area since 1995.

Recent Sales in DE55 (Alfreton)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
17 Bevan Street, Shirland, Alfreton, Derbyshire, DE55 6BD£139,950£131,000-£8,95029 Sep 202316 Aug 2024322 Days
3 Rowland Court, Alfreton, Derbyshire, DE55 7DL£152,950£150,000-£2,95001 May 202416 Aug 2024107 Days
11a, Lark Hill, Swanwick, Alfreton, Derbyshire, DE55 1DD£375,000£375,000£0002 May 202408 Aug 202498 Days
9 Gloves Lane, Blackwell, Alfreton, Derbyshire, DE55 5JJ£159,950£158,000-£1,95028 Feb 202402 Aug 2024156 Days
11 Preston Avenue, Alfreton, Derbyshire, DE55 7JX£149,000£149,000£0005 Apr 202402 Aug 2024119 Days
44 Hardwick Street, Tibshelf, Alfreton, Derbyshire, DE55 5QH£140,000£136,500-£3,50014 Mar 202431 Jul 2024139 Days
10 Lavender Close, Tibshelf, Alfreton, Derbyshire, DE55 5LH£275,000£268,000-£7,00020 Dec 202331 Jul 2024224 Days
82 Prospect Street, Alfreton, Derbyshire, DE55 7GY£149,950£149,950£0008 Apr 202429 Jul 2024112 Days
4 Lark Hill, Swanwick, Alfreton, Derbyshire, DE55 1DD£420,000£420,000£0017 Apr 202429 Jul 2024103 Days
30 Goose Green Lane, Shirland, Alfreton, Derbyshire, DE55 6BR£149,950£149,950£0016 Mar 202426 Jul 2024132 Days
42 Alfreton Road, Westhouses, Alfreton, Derbyshire, DE55 5AH£229,950£225,000-£4,95002 Feb 202425 Jul 2024174 Days
3 New Street, Higham, Alfreton, Derbyshire, DE55 6BP£126,950£125,500-£1,45003 Apr 202424 Jul 2024112 Days
5 Hallfield Road, Newton, Alfreton, Derbyshire, DE55 5UB£230,000£225,000-£5,00020 Feb 202419 Jul 2024150 Days
23 Nottingham Road, Somercotes, Alfreton, Derbyshire, DE55 4HQ£159,950£152,000-£7,95009 Jan 202419 Jul 2024192 Days
36 Hallfieldgate Lane, Shirland, Alfreton, Derbyshire, DE55 6AA£165,000£165,000£0019 Apr 202419 Jul 202491 Days
21 Albert Street, Leabrooks, Alfreton, Derbyshire, DE55 1LF£149,950£145,000-£4,95003 Apr 202417 Jul 2024105 Days
34 Hallfield Road, Newton, Alfreton, Derbyshire, DE55 5UB£215,000£214,000-£1,00026 Feb 202416 Jul 2024141 Days
97 Corn Close, South Normanton, Alfreton, Derbyshire, DE55 2JE£175,000£170,000-£5,00019 Dec 202315 Jul 2024209 Days
140 Greenhill Lane, Riddings, Alfreton, Derbyshire, DE55 4EX£120,000£117,500-£2,50004 Mar 202412 Jul 2024130 Days
24 Pentrich Road, Swanwick, Alfreton, Derbyshire, DE55 1BN£115,000£113,500-£1,50027 Mar 202412 Jul 2024107 Days

Most Expensive Streets in DE55 (Alfreton)

PostcodeStreetAreaAverageNo. of Sales
DE55 7NTLisset Close, OakerthorpeAlfreton£658,26913
DE55 6FDHighstairs Lane, StrettonAlfreton£636,2504
DE55 7SRCopthorne DriveAlfreton£472,1758
DE55 6LNClayton Close, MortonAlfreton£463,7504
DE55 6LTNorthfield, ShirlandAlfreton£443,5006
DE55 7ANWingfield RoadAlfreton£442,0504
DE55 6FTHillside, StrettonAlfreton£427,3333
DE55 1SJTaylor Way, SwanwickAlfreton£414,09925
DE55 6EJStrettea Lane, HighamAlfreton£394,9916
DE55 6EHMain Road, HighamAlfreton£382,34613

Least Expensive Streets in DE55 (Alfreton)

PostcodeStreetAreaAverageNo. of Sales
DE55 7HYOrange StreetAlfreton£75,0003
DE55 2AUThe Tudors, Downing Street, South NormantonAlfreton£78,6666
DE55 7HLNottingham RoadAlfreton£87,9905
DE55 4BEAlfred Street, RiddingsAlfreton£88,5003
DE55 5PXBrooke Street, TibshelfAlfreton£90,3333
DE55 7HSJohn StreetAlfreton£91,2504
DE55 4NZErewash Street, Pye BridgeAlfreton£91,3005
DE55 2DFGladstone Street, South NormantonAlfreton£91,9374
DE55 5AEAlport Terrace, WesthousesAlfreton£92,3005
DE55 4JHNottingham Road, SomercotesAlfreton£92,37510

Explore DE55 (Alfreton) using map

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