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House Prices in DE74

The average house price in DE74 (Derby) is £238,437 using HM Land Registry data.

The average property price increased by £107,631 (25%) over the last 5 years and increased by £21,517 (3.8%) over the last 12 months.

Over the last year, there were 144 residential property sales – a decrease of 164 transactions (-113.89%) relative to the previous year. The majority of house sales (36) were in the £220,000 - £280,000 range. Then came properties in the £280,000 - £340,000 range, where 25 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 78 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,111 (-1%).

In June 2024, there were 48 new estate agency instructions, 26 agreed home sales and 24 property price reductions.

5-Year Average Property Prices in DE74 (Derby)

25%

Property prices in Derby increased by 25% 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 DE74 (Derby) Over the Last Year

3.8%

Property prices in Derby increased by 3.8% 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 DE74 (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 DE74 (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 DE74 (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 DE74 (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 DE74 (Derby) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DE74 postcode area since 1995.

Recent Sales in DE74 (Derby)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
10 Gerrard Crescent, Kegworth, Derby, Leicestershire, DE74 2HQ	£220,000	£215,000	-£5,000	15 Dec 2023	10 May 2024	147 Days
31 Hollands Way, Kegworth, Derby, Leicestershire, DE74 2GQ	£270,000	£250,000	-£20,000	09 Feb 2024	10 May 2024	91 Days
8 Hall Farm Close, Castle Donington, Derby, Leicestershire, DE74 2NG	£259,995	£258,000	-£1,995	01 Sep 2023	01 Mar 2024	182 Days
19 Heafield Drive, Kegworth, Derby, Leicestershire, DE74 2GG	£340,000	£320,000	-£20,000	25 Aug 2023	26 Feb 2024	185 Days
21 Hazelrigg Close, Castle Donington, Derby, Leicestershire, DE74 2XE	£250,000	£242,500	-£7,500	06 Sep 2023	23 Feb 2024	170 Days
42 Borrowell, Kegworth, Derby, Leicestershire, DE74 2FP	£210,000	£210,000	£00	26 Oct 2023	02 Feb 2024	99 Days
43 Shields Crescent, Castle Donington, Derby, Leicestershire, DE74 2JS	£150,000	£135,000	-£15,000	19 Oct 2023	19 Jan 2024	92 Days
92 Park Lane, Castle Donington, Derby, Leicestershire, DE74 2JG	£325,000	£320,000	-£5,000	09 Oct 2023	17 Jan 2024	100 Days
16 Hollands Way, Kegworth, Derby, Leicestershire, DE74 2GQ	£280,000	£260,000	-£20,000	25 Feb 2023	07 Dec 2023	285 Days
24 Frederick Avenue, Kegworth, Derby, Leicestershire, DE74 2FN	£200,000	£192,500	-£7,500	27 Oct 2023	05 Dec 2023	39 Days
36 Packington Hill, Kegworth, Derby, Leicestershire, DE74 2DF	£425,000	£415,000	-£10,000	10 Feb 2023	01 Dec 2023	294 Days
25 The Green, Castle Donington, Derby, Derbyshire, DE74 2JX	£300,000	£290,000	-£10,000	27 Feb 2023	13 Nov 2023	259 Days
11 Glover Road, Castle Donington, Derby, Leicestershire, DE74 2GL	£145,000	£145,000	£00	24 Oct 2022	31 Oct 2023	372 Days
59 Clapgun Street, Castle Donington, Derby, Leicestershire, DE74 2LF	£250,000	£245,000	-£5,000	14 Jun 2023	27 Oct 2023	135 Days
17 Fox Road, Castle Donington, Derby, Leicestershire, DE74 2UN	£370,000	£367,000	-£3,000	18 Sep 2023	27 Oct 2023	39 Days
16 Packington Hill, Kegworth, Derby, Leicestershire, DE74 2DF	£220,000	£206,000	-£14,000	11 Apr 2023	17 Oct 2023	189 Days
19 Windmill Way, Kegworth, Derby, Leicestershire, DE74 2FA	£265,000	£253,000	-£12,000	04 Jan 2023	09 Oct 2023	278 Days
6 Selina Close, Castle Donington, Derby, Leicestershire, DE74 2SS	£235,000	£235,000	£00	05 Apr 2023	06 Oct 2023	184 Days
31 Fox Road, Castle Donington, Derby, Leicestershire, DE74 2UN	£270,000	£267,000	-£3,000	26 Jun 2023	29 Sep 2023	95 Days
11 Orly Avenue, Castle Donington, Derby, Leicestershire, DE74 2ND	£230,000	£230,000	£00	24 Jun 2023	29 Sep 2023	97 Days

Most Expensive Streets in DE74 (Derby)

Postcode	Street	Area	Average	No. of Sales
DE74 2RH	Church Street, Lockington	Derby	£758,333	3
DE74 2GD	The Osiers, Mill Lane	Derby	£671,250	4
DE74 2QA	Spital Rise, Castle Donington	Derby	£611,333	3
DE74 2BG	Avocet Close, Diseworth	Derby	£607,428	7
DE74 2QE	Clements Gate, Diseworth	Derby	£522,875	8
DE74 2PQ	High Street, Castle Donington	Derby	£508,333	3
DE74 2DJ	Ashby Road, Kegworth	Derby	£498,333	3
DE74 2QF	Lady Gate, Diseworth	Derby	£478,800	5
DE74 2JG	Park Lane, Castle Donington	Derby	£461,000	10
DE74 2UJ	Vulcan Way, Castle Donington	Derby	£443,333	3

Least Expensive Streets in DE74 (Derby)

Postcode	Street	Area	Average	No. of Sales
DE74 2UU	Webb House, Station Road	Derby	£124,166	6
DE74 2GN	Upton Close, Castle Donington	Derby	£153,985	10
DE74 2PT	Hemington Court, Hemington	Derby	£159,166	6
DE74 2FN	Frederick Avenue, Kegworth	Derby	£163,161	9
DE74 2GL	Glover Road, Castle Donington	Derby	£172,107	14
DE74 2JR	Shields Crescent, Castle Donington	Derby	£173,000	5
DE74 2HS	Shepherd Walk, Kegworth	Derby	£176,333	3
DE74 2JQ	Bosworth Road, Castle Donington	Derby	£176,650	5
DE74 2NX	Trent Lane, Castle Donington	Derby	£176,666	3
DE74 2DX	Sutton Road, Kegworth	Derby	£181,983	3