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House Prices in S40 House Prices in S40 (Chesterfield)

The average house price in S40 (Chesterfield) is £196,575 using HM Land Registry data.

The average property price increased by £39,369 (22.48%) over the last 5 years and increased by £7,889 (3.47%) over the last 12 months.

Over the last year, there were 387 residential property sales – a decrease of 86 transactions (-22.22%) relative to the previous year. The majority of house sales (98) were in the £158,000 - £216,000 range. Then came properties in the £100,000 - £158,000 range, where 86 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 96 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,676 (-3%).

In Dec 24, there were 51 new estate agency instructions, 41 agreed home sales and 40 property price reductions.

Nearby Postcodes: DE4, DE45, S18, S41, S42, S43, S44, S45

5-Year Average Property Prices in S40 (Chesterfield)

22.48%

Property prices in Chesterfield increased by 22.48% 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 S40 (Chesterfield) Over the Last Year

3.47%

Property prices in Chesterfield increased by 3.47% 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 S40 (Chesterfield) - Dec 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 S40 (Chesterfield)

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 S40 (Chesterfield)

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 S40 (Chesterfield)

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 S40 (Chesterfield) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the S40 postcode area since 1995.

Recent Sales in S40 (Chesterfield)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Holbrook Close, Chesterfield, Derbyshire, S40 3JP£425,000£420,000-£5,00009 Jul 202415 Nov 2024129 Days
18 Kingsmede Avenue, Chesterfield, Derbyshire, S40 3EG£260,000£250,000-£10,00001 Aug 202415 Nov 2024106 Days
51 Compton Street, Chesterfield, Derbyshire, S40 4TA£210,000£205,000-£5,00003 May 202415 Nov 2024196 Days
17 Welwyn Close, Chesterfield, Derbyshire, S40 1HH£315,000£315,000£0027 Mar 202411 Nov 2024229 Days
15 Churston Road, Chesterfield, Derbyshire, S40 1HR£170,000£168,000-£2,00015 May 202411 Nov 2024180 Days
3 Green Glen, Chesterfield, Derbyshire, S40 3SH£340,000£322,500-£17,50012 Apr 202311 Nov 2024579 Days
37 Didcot Close, Chesterfield, Derbyshire, S40 2UF£80,000£76,000-£4,00017 May 202408 Nov 2024175 Days
11 Bennimoor Way, Chesterfield, Derbyshire, S40 3SA£460,000£445,000-£15,00008 Jul 202408 Nov 2024123 Days
10 Delves Close, Chesterfield, Derbyshire, S40 2BU£400,000£380,000-£20,00017 May 202407 Nov 2024174 Days
22 Hunloke Avenue, Chesterfield, Derbyshire, S40 2NU£220,000£220,000£0008 Apr 202406 Nov 2024212 Days
28 Hope Street, Brampton, Chesterfield, Derbyshire, S40 1DG£135,000£126,720-£8,28003 Jul 202404 Nov 2024124 Days
7 Chasecliff Close, Chesterfield, Derbyshire, S40 4HR£180,000£175,000-£5,00028 Mar 202401 Nov 2024218 Days
7 Moorpark Avenue, Chesterfield, Derbyshire, S40 3RL£240,000£240,000£0024 Sep 202401 Nov 202438 Days
7 Vincent Crescent, Chesterfield, Derbyshire, S40 3NW£195,000£182,000-£13,00005 Aug 202431 Oct 202487 Days
8 Moorpark Avenue, Chesterfield, Derbyshire, S40 3RL£325,000£320,000-£5,00003 Jan 202330 Oct 2024666 Days
437 Chatsworth Road, Chesterfield, Derbyshire, S40 3AD£150,000£145,000-£5,00022 May 202430 Oct 2024161 Days
5 Leyburn Close, Chesterfield, Derbyshire, S40 4DW£350,000£350,000£0021 Mar 202430 Oct 2024223 Days
Flat 4, The Studios, School Board Lane, Chesterfield, Derbyshire, S40 1BQ£99,950£95,000-£4,95012 Mar 202421 Aug 2024162 Days
22 Marchwood Close, Chesterfield, Derbyshire, S40 4DT£239,950£230,000-£9,95023 Feb 202416 Aug 2024175 Days
8 Medlock Road, Chesterfield, Derbyshire, S40 3NH£360,000£150,000-£210,00016 May 201814 Aug 20242282 Days

Most Expensive Streets in S40 (Chesterfield)

PostcodeStreetAreaAverageNo. of Sales
S40 3NUChatsworth RoadChesterfield£915,0003
S40 3QFOld RoadChesterfield£850,0003
S40 3LASomersall LaneChesterfield£652,5006
S40 3PAChatsworth RoadChesterfield£584,0005
S40 3GYOld Pheasant CourtChesterfield£563,0004
S40 3QGSouth Lodge CourtChesterfield£560,0006
S40 3NASomersall LaneChesterfield£544,3364
S40 3LEOakfield AvenueChesterfield£518,5227
S40 3PQWestbrook DriveChesterfield£490,5004
S40 3PZStorrs RoadChesterfield£480,5005

Least Expensive Streets in S40 (Chesterfield)

PostcodeStreetAreaAverageNo. of Sales
S40 4SQHanbury CloseChesterfield£78,5004
S40 2GLKentmere House, Archdale CloseChesterfield£84,1669
S40 2ERDerby RoadChesterfield£86,5004
S40 1YPAlford CloseChesterfield£87,2504
S40 2ETDerby RoadChesterfield£88,5005
S40 2EPDerby RoadChesterfield£90,1254
S40 1JYMarsden StreetChesterfield£90,3333
S40 2NQPark Studios, Boythorpe RoadChesterfield£91,6663
S40 1DZSouth PlaceChesterfield£92,0003
S40 2FFAston House, Horse Chestnut CloseChesterfield£94,1663

Explore S40 (Chesterfield) using map

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