House Prices in DE21 House Prices in DE21 (Derby)

The average house price in DE21 (Derby) is £214,031 using HM Land Registry data.

The average property price increased by £59,158 (34.22%) over the last 5 years and increased by £11,826 (4.89%) over the last 12 months.

Over the last year, there were 560 residential property sales – a decrease of 238 transactions (-42.50%) relative to the previous year. The majority of house sales (149) were in the £140,000 - £176,000 range. Then came properties in the £176,000 - £212,000 range, where 135 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 57 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,079 (-1%).

In June 2024, there were 94 new estate agency instructions, 90 agreed home sales and 53 property price reductions.

5-Year Average Property Prices in DE21 (Derby)

34.22%

Property prices in Derby increased by 34.22% 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 DE21 (Derby) Over the Last Year

4.89%

Property prices in Derby increased by 4.89% 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 DE21 (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 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 DE21 (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 DE21 (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 DE21 (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 DE21 (Derby) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DE21 postcode area since 1995.

Recent Sales in DE21 (Derby)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
70 Morley Road, Chaddesden, Derby, City Of Derby, DE21 4QW£300,000£285,000-£15,00018 Oct 202320 May 2024215 Days
82 Dale Road, Spondon, Derby, City Of Derby, DE21 7DF£325,000£295,000-£30,00006 Sep 202310 May 2024247 Days
20 Fiskerton Way, Oakwood, Derby, City Of Derby, DE21 2HQ£210,000£210,000£0022 Dec 202308 May 2024138 Days
78 Moor End, Spondon, Derby, City Of Derby, DE21 7EE£190,000£190,000£0004 Nov 202307 May 2024185 Days
65 Suffolk Avenue, Derby, City Of Derby, DE21 6ES£199,950£187,000-£12,95005 Oct 202303 May 2024211 Days
7 Deincourt Close, Spondon, Derby, City Of Derby, DE21 7LT£190,000£175,000-£15,00008 Dec 202330 Apr 2024144 Days
8 Greenfinch Close, Spondon, Derby, City Of Derby, DE21 7TG£165,000£165,000£0014 Dec 202326 Apr 2024134 Days
6 Shropshire Avenue, Derby, City Of Derby, DE21 6EU£125,000£125,000£0022 Jan 202426 Apr 202495 Days
33 Spindletree Drive, Oakwood, Derby, City Of Derby, DE21 2DG£350,000£350,000£0015 Jan 202425 Apr 2024101 Days
24 Croft Close, Spondon, Derby, City Of Derby, DE21 7EF£239,950£235,000-£4,95025 Oct 202319 Apr 2024177 Days
65 Reginald Road South, Chaddesden, Derby, City Of Derby, DE21 6NG£190,000£185,000-£5,00003 Oct 202319 Apr 2024199 Days
17 Shenington Way, Oakwood, Derby, City Of Derby, DE21 2QE£150,000£150,000£0021 Nov 202319 Apr 2024150 Days
37 Prestbury Close, Oakwood, Derby, City Of Derby, DE21 2LT£240,000£230,000-£10,00012 Oct 202319 Apr 2024190 Days
15 Springwood Drive, Oakwood, Derby, City Of Derby, DE21 2HE£560,000£549,090-£10,91026 Sep 202318 Apr 2024205 Days
3 Wollaton Road, Chaddesden, Derby, City Of Derby, DE21 4HX£229,950£229,950£0006 Feb 202412 Apr 202466 Days
68 Matlock Road, Chaddesden, Derby, City Of Derby, DE21 4QF£165,000£165,000£0022 Sep 202312 Apr 2024203 Days
23 Lucerne Road, Oakwood, Derby, City Of Derby, DE21 2XF£290,000£275,000-£15,00026 Dec 202312 Apr 2024108 Days
18 Alsager Close, Oakwood, Derby, City Of Derby, DE21 2BY£180,000£169,000-£11,00029 Sep 202303 Apr 2024187 Days
28 Shropshire Avenue, Derby, City Of Derby, DE21 6EU£165,000£162,500-£2,50017 Oct 202302 Apr 2024168 Days
2 Clover Close, Spondon, Derby, City Of Derby, DE21 7QY£252,500£251,000-£1,50026 Dec 202328 Mar 202493 Days

Most Expensive Streets in DE21 (Derby)

PostcodeStreetAreaAverageNo. of Sales
DE21 5DUDuffield Road, Little EatonDerby£950,0003
DE21 5AHMorley Lane, Little EatonDerby£802,1666
DE21 5EAVicarage Lane, Little EatonDerby£687,5004
DE21 5BEPortway, CoxbenchDerby£575,0003
DE21 5LLRectory Lane, BreadsallDerby£551,84011
DE21 4TBMorley Road, OakwoodDerby£544,7504
DE21 5BHHorsley Lane, CoxbenchDerby£535,0009
DE21 5BRChurch Street, HorsleyDerby£508,3333
DE21 5BAAlfreton Road, CoxbenchDerby£463,3333
DE21 5LFBrookside Road, BreadsallDerby£448,64717

Least Expensive Streets in DE21 (Derby)

PostcodeStreetAreaAverageNo. of Sales
DE21 6BLBerwick AvenueDerby£80,3333
DE21 5EFBarley Close, Little EatonDerby£82,2005
DE21 6APNottingham RoadDerby£89,7857
DE21 6ANNottingham RoadDerby£101,9086
DE21 6DBFrancis StreetDerby£104,0628
DE21 6GNNorwich StreetDerby£104,3124
DE21 6DPWalpole StreetDerby£104,4805
DE21 7SXPeckerdale Gardens, SpondonDerby£104,58018
DE21 6DDFrancis StreetDerby£105,0003
DE21 4TRMagnus CourtDerby£106,68716

Explore DE21 (Derby) using map