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House Prices in DE72

The average house price in DE72 (Derby) is £401,950 using HM Land Registry data.

The average property price increased by £62,825 (31.8%) over the last 5 years and increased by £12,560 (4.62%) over the last 12 months.

Over the last year, there were 222 residential property sales – a decrease of 109 transactions (-49.10%) relative to the previous year. The majority of house sales (64) were in the £160,000 - £236,000 range. Then came properties in the £236,000 - £312,000 range, where 44 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 69 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,244 (-2%).

In June 2024, there were 63 new estate agency instructions, 42 agreed home sales and 41 property price reductions.

5-Year Average Property Prices in DE72 (Derby)

31.8%

Property prices in Derby increased by 31.8% 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 DE72 (Derby) Over the Last Year

4.62%

Property prices in Derby increased by 4.62% 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 DE72 (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 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 DE72 (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 DE72 (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 DE72 (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 DE72 (Derby) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DE72 postcode area since 1995.

Recent Sales in DE72 (Derby)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
22 Newbold Avenue, Borrowash, Derby, Derbyshire, DE72 3GL	£250,000	£235,000	-£15,000	12 Feb 2024	13 May 2024	91 Days
22 Bakehouse Lane, Ockbrook, Derby, Derbyshire, DE72 3RH	£485,000	£472,500	-£12,500	16 Feb 2024	26 Apr 2024	70 Days
52 Bostocks Lane, Risley, Derby, Derbyshire, DE72 3SX	£470,000	£445,000	-£25,000	09 Nov 2023	12 Apr 2024	155 Days
17 Manor Park, Borrowash, Derby, Derbyshire, DE72 3LP	£335,000	£335,000	£00	30 Dec 2023	08 Apr 2024	100 Days
19 Long Row, Shardlow, Derby, Derbyshire, DE72 2HE	£190,000	£188,500	-£1,500	20 Dec 2023	03 Apr 2024	105 Days
11 Croft Close, Ockbrook, Derby, Derbyshire, DE72 3RR	£379,000	£339,000	-£40,000	13 Sep 2023	03 Apr 2024	203 Days
6 Holly Court, Aston On Trent, Derby, Derbyshire, DE72 2DL	£435,000	£435,000	£00	07 Nov 2023	27 Mar 2024	141 Days
12 Glenn Way, Shardlow, Derby, Derbyshire, DE72 2GZ	£285,000	£285,000	£00	16 Jan 2024	15 Mar 2024	59 Days
87 Stevens Lane, Breaston, Derby, Derbyshire, DE72 3BW	£210,000	£210,000	£00	15 Sep 2023	04 Mar 2024	171 Days
30 Bostocks Lane, Risley, Derby, Derbyshire, DE72 3SX	£595,000	£545,000	-£50,000	09 Jun 2023	23 Feb 2024	259 Days
52 Thoresby Crescent, Draycott, Derby, Derbyshire, DE72 3PH	£250,000	£247,000	-£3,000	29 Aug 2023	22 Feb 2024	177 Days
82 Lime Grove, Draycott, Derby, Derbyshire, DE72 3NS	£450,000	£435,000	-£15,000	28 Jun 2023	22 Feb 2024	239 Days
15 Wesley Lane, Ockbrook, Derby, Derbyshire, DE72 3SP	£325,000	£302,500	-£22,500	12 Oct 2023	09 Feb 2024	120 Days
10 Priors Barn Close, Borrowash, Derby, Derbyshire, DE72 3GS	£260,000	£257,000	-£3,000	21 Sep 2023	31 Jan 2024	132 Days
25 Grove Close, Thulston, Derby, Derbyshire, DE72 3EY	£150,000	£138,000	-£12,000	04 Sep 2023	15 Jan 2024	133 Days
3 Gilliver Gardens, Draycott, Derby, Derbyshire, DE72 3PQ	£325,000	£320,000	-£5,000	31 Jul 2023	15 Jan 2024	168 Days
10 Second Avenue, Risley, Derby, Derbyshire, DE72 3SZ	£250,000	£248,000	-£2,000	15 Jun 2023	12 Jan 2024	211 Days
47a, The Wharf, Shardlow, Derby, Derbyshire, DE72 2HG	£430,000	£412,500	-£17,500	25 Aug 2023	11 Jan 2024	139 Days
67 Derby Road, Risley, Derby, Derbyshire, DE72 3SY	£300,000	£277,500	-£22,500	03 Jul 2023	03 Jan 2024	184 Days
82 Derby Road, Draycott, Derby, Derbyshire, DE72 3NJ	£220,000	£213,000	-£7,000	17 May 2023	20 Dec 2023	217 Days

Most Expensive Streets in DE72 (Derby)

Postcode	Street	Area	Average	No. of Sales
DE72 3BH	Poplar Road, Breaston	Derby	£900,000	5
DE72 3BS	Blind Lane, Breaston	Derby	£826,666	3
DE72 3XQ	Holt Croft Close, Breaston	Derby	£719,268	5
DE72 3SS	Derby Road, Risley	Derby	£690,000	3
DE72 3ES	Main Street, Ambaston	Derby	£673,235	3
DE72 2BT	Trent Lane, Weston On Trent	Derby	£664,333	9
DE72 2BH	Weston Road, Weston On Trent	Derby	£631,500	4
DE72 3FR	Nottingham Road, Borrowash	Derby	£608,636	11
DE72 2BU	Bridge Lane, Weston On Trent	Derby	£590,166	6
DE72 3EQ	Main Road, Elvaston	Derby	£575,666	6

Least Expensive Streets in DE72 (Derby)

Postcode	Street	Area	Average	No. of Sales
DE72 3XF	Brookview Court, Nottingham Road	Derby	£71,000	5
DE72 3WH	Victoria Mill, Town End Road	Derby	£123,933	15
DE72 3XG	Cowslip Meadow, Draycott	Derby	£124,765	13
DE72 3PW	Victoria Mill, Town End Road	Derby	£129,463	22
DE72 3FP	Nottingham Road, Borrowash	Derby	£132,222	9
DE72 3PX	Sydney Road, Draycott	Derby	£135,785	7
DE72 3XE	Cowslip Meadow, Draycott	Derby	£138,691	17
DE72 3GG	Draycott Road, Borrowash	Derby	£141,785	7
DE72 3PJ	Holly Close, Draycott	Derby	£149,166	3
DE72 2WD	Alts Nook Way, Shardlow	Derby	£151,166	6