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Heanor House Prices Heanor House Prices

The average house price in Heanor is £162,423 using HM Land Registry data.

The average property price increased by £41,477 (26.39%) over the last 5 years and increased by £8,292 (4.36%) over the last 12 months.

Over the last year, there were 259 residential property sales – a decrease of 157 transactions (-60.62%) relative to the previous year. The majority of house sales (57) were in the £140,000 - £170,000 range. Then came properties in the £170,000 - £200,000 range, where 50 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 47 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,483 (-2%).

In Oct 24, there were 57 new estate agency instructions, 47 agreed home sales and 39 property price reductions.

Neighbouring Areas: Ripley, Eastwood

Postcodes Covered: DE7, DE75, NG16

5-Year Average Property Prices in Heanor

26.39%

Property prices in Heanor increased by 26.39% 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 Heanor Over the Last Year

4.36%

Property prices in Heanor increased by 4.36% 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 Heanor - 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 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 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 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 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 Heanor since 1995

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

Recent Property Sales in Heanor

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
22 East Street, Heanor, Derbyshire, DE75 7NE£210,000£205,000-£5,00030 Apr 202414 Aug 2024106 Days
66 Berle Avenue, Heanor, Derbyshire, DE75 7PS£140,000£135,000-£5,00020 Mar 202409 Aug 2024142 Days
141 Breach Road, Heanor, Derbyshire, DE75 7HQ£244,950£235,000-£9,95012 Jun 202406 Aug 202455 Days
69 Loscoe Grange, Loscoe, Heanor, Derbyshire, DE75 7JY£130,000£130,000£0020 Mar 202402 Aug 2024135 Days
8 Wilmot Street, Heanor, Derbyshire, DE75 7EF£375,000£360,000-£15,00022 Mar 202431 Jul 2024131 Days
22 Queen Street, Langley Mill, Nottingham, Derbyshire, NG16 4EJ£140,000£140,000£0017 May 202426 Jul 202470 Days
1 Hallington Drive, Heanor, Derbyshire, DE75 7QX£220,000£215,000-£5,00007 Dec 202312 Jul 2024218 Days
141 Ray Street, Heanor, Derbyshire, DE75 7GF£125,000£116,000-£9,00030 Jan 202412 Jul 2024164 Days
20 Chapel Street, Heanor, Derbyshire, DE75 7NA£150,000£148,000-£2,00006 Feb 202412 Jul 2024157 Days
7 Kings Close, Heanor, Derbyshire, DE75 7RD£375,000£365,000-£10,00005 Mar 202408 Jul 2024125 Days
2 Tarn Close, Langley Mill, Nottingham, Derbyshire, NG16 4GY£190,000£190,000£0014 Feb 202428 Jun 2024135 Days
81 Upper Dunstead Road, Langley Mill, Nottingham, Derbyshire, NG16 4FJ£240,000£240,000£0030 Sep 202328 Jun 2024272 Days
49 Watkinson Street, Heanor, Derbyshire, DE75 7FX£150,000£149,000-£1,00023 Feb 202428 Jun 2024126 Days
10 Upton Close, Heanor, Derbyshire, DE75 7TT£180,000£174,000-£6,00011 Aug 202314 Jun 2024308 Days
95 Ebenezer Street, Langley Mill, Nottingham, Derbyshire, NG16 4DA£110,000£90,000-£20,00030 Mar 202407 Jun 202469 Days
14 Jasmine Court, Heanor, Derbyshire, DE75 7RY£155,000£152,500-£2,50030 Jan 202407 Jun 2024129 Days
55 Breach Road, Heanor, Derbyshire, DE75 7NL£475,000£470,000-£5,00020 Feb 202407 Jun 2024108 Days
3 Ebenezer Street, Langley Mill, Nottingham, Derbyshire, NG16 4DA£130,000£130,000£0009 Jan 202429 May 2024141 Days
6 Horsley Crescent, Langley Mill, Nottingham, Derbyshire, NG16 4FX£190,000£190,000£0005 Feb 202424 May 2024109 Days
62 Plumptre Road, Langley Mill, Nottingham, Derbyshire, NG16 4EY£240,000£233,000-£7,00016 Jan 202424 May 2024129 Days

Most Expensive Streets in Heanor

PostcodeStreetAreaAverageNo. of Sales
DE75 7SQOrchard ViewBailey Close£453,5005
DE75 7RDKings CloseHeanor£408,3333
NG16 4HBCromford RoadLangley Mill£348,0285
DE75 7JBHassock Lane NorthShipley£338,5839
DE75 7JDHassock LaneHeanor£325,0003
DE75 7LXIlkeston RoadHeanor£306,5004
DE75 7LYHardy BarnShipley£305,4169
DE75 7NLBreach RoadHeanor£303,3333
DE75 7LRFord AvenueLoscoe£302,6666
DE75 7LEHigh StreetLoscoe£301,1663

Least Expensive Streets in Heanor

PostcodeStreetAreaAverageNo. of Sales
DE75 7FEStamford StreetHeanor£86,5836
NG16 4EEBridge StreetLangley Mill£86,7504
NG16 4FFOrmonde StreetLangley Mill£95,14711
DE75 7NFProspect RoadHeanor£97,8333
NG16 4BXHampden StreetLangley Mill£99,2504
DE75 7GGRay StreetHeanor£100,00011
DE75 7QFMount StreetHeanor£100,8333
NG16 4APElnor StreetLangley Mill£102,3006
NG16 4BZRegent StreetLangley Mill£105,7005
DE75 7GERay StreetHeanor£106,9166

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