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House Prices in DE75

The average house price in DE75 (Heanor) is £178,750 using HM Land Registry data.

The average property price increased by £65,993 (37.02%) over the last 5 years and increased by £13,192 (5.2%) over the last 12 months.

Over the last year, there were 172 residential property sales – a decrease of 183 transactions (-106.40%) relative to the previous year. The majority of house sales (39) were in the £120,000 - £150,000 range. Then came properties in the £150,000 - £180,000 range, where 38 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 60 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,782 (-2%).

In June 2024, there were 49 new estate agency instructions, 27 agreed home sales and 21 property price reductions.

5-Year Average Property Prices in DE75 (Heanor)

37.02%

Property prices in Heanor increased by 37.02% 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 DE75 (Heanor) Over the Last Year

5.2%

Property prices in Heanor increased by 5.2% 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 DE75 (Heanor) - 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 DE75 (Heanor)

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 DE75 (Heanor)

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 DE75 (Heanor)

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 DE75 (Heanor) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DE75 postcode area since 1995.

Recent Sales in DE75 (Heanor)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
42 Elmsfield Avenue, Heanor, Derbyshire, DE75 7BD	£200,000	£195,000	-£5,000	30 Oct 2023	15 Apr 2024	168 Days
42 Mansfield Road, Heanor, Derbyshire, DE75 7AQ	£325,000	£323,800	-£1,200	12 Dec 2023	08 Apr 2024	118 Days
8 Brockhall Rise, Heanor, Derbyshire, DE75 7TL	£170,000	£164,000	-£6,000	17 Nov 2023	28 Mar 2024	132 Days
14 Douglas Avenue, Heanor, Derbyshire, DE75 7FQ	£220,000	£215,000	-£5,000	18 Oct 2023	11 Mar 2024	145 Days
35 Trinity Way, Heanor, Derbyshire, DE75 7UW	£209,950	£209,950	£00	23 Sep 2023	31 Jan 2024	130 Days
33 Hallington Drive, Heanor, Derbyshire, DE75 7QX	£295,000	£280,000	-£15,000	08 Jun 2023	30 Jan 2024	236 Days
37 Mundy Street, Heanor, Derbyshire, DE75 7EB	£190,000	£183,000	-£7,000	15 Sep 2023	22 Jan 2024	129 Days
47 Hardy Barn, Shipley, Heanor, Derbyshire, DE75 7LY	£425,000	£400,000	-£25,000	18 Dec 2023	19 Jan 2024	32 Days
102 Loscoe Grange, Loscoe, Heanor, Derbyshire, DE75 7JZ	£165,000	£165,000	£00	02 Nov 2023	19 Jan 2024	78 Days
67 Brookfield Way, Heanor, Derbyshire, DE75 7NU	£189,950	£185,000	-£4,950	11 Jul 2023	05 Jan 2024	178 Days
2 Keble Close, Heanor, Derbyshire, DE75 7UZ	£399,950	£394,000	-£5,950	20 Sep 2023	05 Jan 2024	107 Days
50 Breach Road, Heanor, Derbyshire, DE75 7NJ	£195,000	£180,000	-£15,000	18 Oct 2023	05 Jan 2024	79 Days
159 Roper Avenue, Heanor, Derbyshire, DE75 7DB	£250,000	£250,000	£00	20 Oct 2023	20 Dec 2023	61 Days
6 Sandringham Drive, Heanor, Derbyshire, DE75 7TZ	£420,000	£408,000	-£12,000	01 Aug 2023	19 Dec 2023	140 Days
7 Clayton Grove, Loscoe, Heanor, Derbyshire, DE75 7LT	£299,995	£285,000	-£14,995	20 Jun 2023	18 Dec 2023	181 Days
32 Sovereign Way, Heanor, Derbyshire, DE75 7SB	£250,000	£245,000	-£5,000	23 May 2023	18 Dec 2023	209 Days
18 Saxton Avenue, Heanor, Derbyshire, DE75 7PZ	£175,000	£170,000	-£5,000	29 Aug 2023	18 Dec 2023	111 Days
18 Balmoral Close, Heanor, Derbyshire, DE75 7SN	£240,000	£220,000	-£20,000	06 Jul 2023	15 Dec 2023	162 Days
11 Wood End Road, Heanor, Derbyshire, DE75 7PP	£117,500	£112,000	-£5,500	03 Jul 2023	12 Dec 2023	162 Days
42 Ella Bank Road, Heanor, Derbyshire, DE75 7HF	£150,000	£147,500	-£2,500	27 Jul 2023	08 Dec 2023	134 Days

Most Expensive Streets in DE75 (Heanor)

Postcode	Street	Area	Average	No. of Sales
DE75 7JH	The Field, Shipley	Heanor	£522,300	5
DE75 7SQ	Orchard View, Bailey Close	Heanor	£452,083	6
DE75 7JE	Hassock Lane South, Shipley	Heanor	£372,700	5
DE75 7NT	Miller Drive, Shipley	Heanor	£338,649	34
DE75 7JB	Hassock Lane North, Shipley	Heanor	£333,568	11
DE75 7DZ	Shipley Park Gardens	Heanor	£313,632	12
DE75 7LR	Ford Avenue, Loscoe	Heanor	£302,666	6
DE75 7UN	Buxton Avenue	Heanor	£298,500	3
DE75 7TX	Princess Close	Heanor	£296,875	4
DE75 7LY	Hardy Barn, Shipley	Heanor	£291,575	10

Least Expensive Streets in DE75 (Heanor)

Postcode	Street	Area	Average	No. of Sales
DE75 7FE	Stamford Street	Heanor	£86,583	6
DE75 7NF	Prospect Road	Heanor	£97,833	3
DE75 7GG	Ray Street	Heanor	£98,300	10
DE75 7QF	Mount Street	Heanor	£100,833	3
DE75 7GF	Ray Street	Heanor	£105,437	8
DE75 7GE	Ray Street	Heanor	£106,916	6
DE75 7EX	High Street	Heanor	£107,909	11
DE75 7QJ	Derby Road	Heanor	£111,400	5
DE75 7NA	Chapel Street	Heanor	£112,500	10
DE75 7NB	Mill Road	Heanor	£112,687	8