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House Prices in DE55

The average house price in DE55 (Alfreton) is £200,828 using HM Land Registry data.

The average property price increased by £28,536 (48.45%) over the last 5 years and increased by £5,718 (6.35%) over the last 12 months.

Over the last year, there were 555 residential property sales – a decrease of 126 transactions (-22.70%) relative to the previous year. The majority of house sales (154) were in the £146,000 - £192,000 range. Then came properties in the £100,000 - £146,000 range, where 134 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 199 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,423 (-2%).

In March 2025, there were 146 new estate agency instructions, 94 agreed home sales and 31 property price reductions.

5-Year Average Property Prices in DE55 (Alfreton)

48.45%

Property prices in DE55 (Alfreton) increased by 48.45% 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 DE55 (Alfreton) Over the Last Year

6.35%

Property prices in DE55 (Alfreton) increased by 6.35% 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 DE55 (Alfreton) - March 2025

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 DE55 (Alfreton)

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 DE55 (Alfreton)

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 DE55 (Alfreton)

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 DE55 (Alfreton) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DE55 postcode area since 1995.

Recent Sales in DE55 (Alfreton)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
7 Broughton Close, Riddings, Alfreton, Derbyshire, DE55 4DQ	£210,000	£202,500	-£7,500	06 Sep 2024	24 Feb 2025	171 Days
1 Edale Drive, South Normanton, Alfreton, Derbyshire, DE55 2LF	£325,000	£320,000	-£5,000	03 Oct 2024	19 Feb 2025	139 Days
6 Oak Meadows, Broadmeadows, Alfreton, Derbyshire, DE55 3AZ	£360,000	£355,000	-£5,000	02 Oct 2024	14 Feb 2025	135 Days
8 River View, Pye Bridge, Alfreton, Derbyshire, DE55 4PE	£140,000	£139,000	-£1,000	29 Jul 2024	13 Feb 2025	199 Days
26 Woodfield Road, South Normanton, Alfreton, Derbyshire, DE55 3BT	£190,000	£177,500	-£12,500	28 Oct 2024	07 Feb 2025	102 Days
417 Somercotes Hill, Somercotes, Alfreton, Derbyshire, DE55 4JX	£155,000	£152,500	-£2,500	16 Jan 2024	07 Feb 2025	388 Days
3 Blenheim Avenue, Swanwick, Alfreton, Derbyshire, DE55 1PQ	£340,000	£325,000	-£15,000	29 Jul 2024	03 Feb 2025	189 Days
1 Mercer Crescent, Alfreton, Derbyshire, DE55 7HF	£210,000	£208,000	-£2,000	28 Aug 2024	03 Feb 2025	159 Days
7 Independent Hill, Alfreton, Derbyshire, DE55 7DG	£275,000	£271,000	-£4,000	21 Aug 2024	27 Jan 2025	159 Days
58 Sherwood Street, Newton, Alfreton, Derbyshire, DE55 5SE	£103,000	£98,000	-£5,000	05 Sep 2024	27 Jan 2025	144 Days
22 Broom Avenue, Swanwick, Alfreton, Derbyshire, DE55 1DQ	£325,000	£310,000	-£15,000	05 Jul 2024	17 Jan 2025	196 Days
13 Central Avenue, South Normanton, Alfreton, Derbyshire, DE55 2HT	£157,950	£150,000	-£7,950	24 Jul 2024	17 Jan 2025	177 Days
14 Pennine Avenue, Riddings, Alfreton, Derbyshire, DE55 4AD	£180,000	£175,000	-£5,000	16 Aug 2024	10 Jan 2025	147 Days
27 Mansfield Road, Alfreton, Derbyshire, DE55 7JJ	£197,000	£172,500	-£24,500	14 Mar 2024	20 Dec 2024	281 Days
36 Cornfield Avenue, Broadmeadows, Alfreton, Derbyshire, DE55 3NN	£290,000	£285,000	-£5,000	25 Jan 2024	20 Dec 2024	330 Days
28 George Street, Riddings, Alfreton, Derbyshire, DE55 4BH	£135,000	£130,000	-£5,000	04 Sep 2024	20 Dec 2024	107 Days
10 Spa Croft, Tibshelf, Alfreton, Derbyshire, DE55 5NZ	£212,000	£205,000	-£7,000	18 Mar 2024	19 Dec 2024	276 Days
35 George Street, Riddings, Alfreton, Derbyshire, DE55 4BH	£115,000	£100,000	-£15,000	16 Oct 2024	18 Dec 2024	63 Days
93 Sough Road, South Normanton, Alfreton, Derbyshire, DE55 2LE	£145,000	£135,000	-£10,000	02 Nov 2023	18 Dec 2024	412 Days
28 Bevan Street, Shirland, Alfreton, Derbyshire, DE55 6BD	£130,000	£125,000	-£5,000	28 Aug 2024	18 Dec 2024	112 Days

Most Expensive Streets in DE55 (Alfreton)

Postcode	Street	Area	Average	No. of Sales
DE55 7NT	Lisset Close, Oakerthorpe	Alfreton	£651,730	13
DE55 6FD	Highstairs Lane, Stretton	Alfreton	£636,250	4
DE55 7AH	Church Street	Alfreton	£530,000	3
DE55 6LN	Clayton Close, Morton	Alfreton	£490,000	3
DE55 5NA	Wetton Lane, Tibshelf	Alfreton	£472,333	3
DE55 7SR	Copthorne Drive	Alfreton	£472,175	8
DE55 3NT	Dalewood Close, Broadmeadows	Alfreton	£469,166	3
DE55 7AN	Wingfield Road	Alfreton	£467,640	5
DE55 6LT	Northfield, Shirland	Alfreton	£432,200	5
DE55 6NG	The Willows, Shirland	Alfreton	£428,750	4

Least Expensive Streets in DE55 (Alfreton)

Postcode	Street	Area	Average	No. of Sales
DE55 2AU	The Tudors, Downing Street, South Normanton	Alfreton	£78,666	6
DE55 2AL	Queen Street, South Normanton	Alfreton	£84,833	3
DE55 4BE	Alfred Street, Riddings	Alfreton	£87,500	5
DE55 7HS	John Street	Alfreton	£91,250	4
DE55 4JH	Nottingham Road, Somercotes	Alfreton	£91,881	11
DE55 2DF	Gladstone Street, South Normanton	Alfreton	£91,937	4
DE55 5AE	Alport Terrace, Westhouses	Alfreton	£92,300	5
DE55 4NZ	Erewash Street, Pye Bridge	Alfreton	£98,000	3
DE55 7HL	Nottingham Road	Alfreton	£98,564	7
DE55 7HY	Orange Street	Alfreton	£99,333	3