House Prices in DE74 House Prices in DE74 (Derby)

The average house price in DE74 (Derby) is £293,645 using HM Land Registry data.

The average property price increased by £77,333 (25%) over the last 5 years and increased by £15,495 (3.8%) over the last 12 months.

Over the last year, there were 132 residential property sales – a decrease of 119 transactions (-90.15%) relative to the previous year. The majority of house sales (38) were in the £224,000 - £278,000 range. Then came properties in the £170,000 - £224,000 range, where 27 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 74 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,111 (-1%).

In Oct 24, there were 48 new estate agency instructions, 28 agreed home sales and 38 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.

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 DE74 (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 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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
29 Windmill Way, Kegworth, Derby, Leicestershire, DE74 2FA£360,000£350,000-£10,00016 May 202408 Aug 202484 Days
48 Mill Lane, Kegworth, Derby, Leicestershire, DE74 2FX£260,000£248,000-£12,00024 May 202429 Jul 202466 Days
31 Suthers Road, Kegworth, Derby, Leicestershire, DE74 2DE£250,000£244,000-£6,00017 Apr 202426 Jul 2024100 Days
28 London Road, Kegworth, Derby, Leicestershire, DE74 2EU£490,000£478,750-£11,25018 Aug 202326 Jul 2024343 Days
4 Foxhills, Kegworth, Derby, Leicestershire, DE74 2FD£260,000£252,500-£7,50015 Apr 202419 Jul 202495 Days
50 Huntingdon Drive, Castle Donington, Derby, Leicestershire, DE74 2SR£250,000£250,000£0018 Mar 202415 Jul 2024119 Days
5 Borough Street, Kegworth, Derby, Leicestershire, DE74 2FF£250,000£245,000-£5,00001 Mar 202411 Jul 2024132 Days
30 Borrowell, Kegworth, Derby, Leicestershire, DE74 2FP£155,000£155,000£0025 Nov 202324 May 2024181 Days
20 Ferrers Close, Castle Donington, Derby, Leicestershire, DE74 2QW£200,000£195,000-£5,00003 Feb 202417 May 2024104 Days
4 Gasny Avenue, Castle Donington, Derby, Leicestershire, DE74 2HZ£200,000£200,000£0009 Jan 202417 May 2024129 Days
48 Huntingdon Drive, Castle Donington, Derby, Leicestershire, DE74 2SR£270,000£265,000-£5,00011 Aug 202315 May 2024278 Days
10 Gerrard Crescent, Kegworth, Derby, Leicestershire, DE74 2HQ£220,000£215,000-£5,00015 Dec 202310 May 2024147 Days
31 Hollands Way, Kegworth, Derby, Leicestershire, DE74 2GQ£270,000£250,000-£20,00009 Feb 202410 May 202491 Days
17 Meadow Crescent, Castle Donington, Derby, Leicestershire, DE74 2LX£280,000£267,500-£12,50029 Jan 202403 May 202495 Days
15 Haulton Drive, Castle Donington, Derby, Leicestershire, DE74 2SU£250,000£250,000£0010 Jan 202424 Apr 2024105 Days
43 Derby Road, Kegworth, Derby, Leicestershire, DE74 2EN£450,000£430,000-£20,00007 Sep 202328 Mar 2024203 Days
8 Hall Farm Close, Castle Donington, Derby, Leicestershire, DE74 2NG£259,995£258,000-£1,99501 Sep 202301 Mar 2024182 Days
2 Orchard Avenue, Castle Donington, Derby, Leicestershire, DE74 2JZ£299,995£295,000-£4,99513 Nov 202301 Mar 2024109 Days
19 Heafield Drive, Kegworth, Derby, Leicestershire, DE74 2GG£340,000£320,000-£20,00025 Aug 202326 Feb 2024185 Days
21 Hazelrigg Close, Castle Donington, Derby, Leicestershire, DE74 2XE£250,000£242,500-£7,50006 Sep 202323 Feb 2024170 Days

Most Expensive Streets in DE74 (Derby)

PostcodeStreetAreaAverageNo. of Sales
DE74 2RHChurch Street, LockingtonDerby£758,3333
DE74 2GDThe Osiers, Mill LaneDerby£671,2504
DE74 2QASpital Rise, Castle DoningtonDerby£611,3333
DE74 2BGAvocet Close, DiseworthDerby£577,4287
DE74 2QEClements Gate, DiseworthDerby£570,4287
DE74 2PQHigh Street, Castle DoningtonDerby£508,3333
DE74 2AWWhiteholmes Grove, KegworthDerby£475,8333
DE74 2QFLady Gate, DiseworthDerby£469,7504
DE74 2PFBarroon, Castle DoningtonDerby£468,0008
DE74 2JGPark Lane, Castle DoningtonDerby£458,8889

Least Expensive Streets in DE74 (Derby)

PostcodeStreetAreaAverageNo. of Sales
DE74 2UUWebb House, Station RoadDerby£124,1666
DE74 2DGMunnmoore Close, KegworthDerby£156,6663
DE74 2GNUpton Close, Castle DoningtonDerby£157,4839
DE74 2PTHemington Court, HemingtonDerby£159,1666
DE74 2FNFrederick Avenue, KegworthDerby£166,2729
DE74 2GLGlover Road, Castle DoningtonDerby£170,22711
DE74 2HSShepherd Walk, KegworthDerby£176,3333
DE74 2JRShields Crescent, Castle DoningtonDerby£177,5004
DE74 2FPBorrowell, KegworthDerby£186,4416
DE74 2FRStation Road, KegworthDerby£189,36910

Explore DE74 (Derby) using map