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House Prices in DE73

The average house price in DE73 (Derby) is £327,601 using HM Land Registry data.

The average property price increased by £64,662 (18.18%) over the last 5 years and increased by £12,924 (2.9%) over the last 12 months.

Over the last year, there were 252 residential property sales – a decrease of 41 transactions (-16.27%) relative to the previous year. The majority of house sales (57) were in the £246,000 - £312,000 range. Then came properties in the £312,000 - £378,000 range, where 57 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 48 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,447 (-2%).

In May 2025, there were 64 new estate agency instructions, 41 agreed home sales and 30 property price reductions.

5-Year Average Property Prices in DE73 (Derby)

18.18%

Property prices in DE73 (Derby) increased by 18.18% 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 DE73 (Derby) Over the Last Year

2.9%

Property prices in DE73 (Derby) increased by 2.9% 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 DE73 (Derby) - May 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 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 DE73 (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 DE73 (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 DE73 (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 DE73 (Derby) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DE73 postcode area since 1995.

Recent Sales in DE73 (Derby)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Delta, Ingleby Road, Stanton By Bridge, Derby, Derbyshire, DE73 7HU	£325,000	£315,000	-£10,000	19 Oct 2024	07 Feb 2025	111 Days
17 School Lane, Chellaston, Derby, City Of Derby, DE73 6TF	£250,000	£245,000	-£5,000	20 Sep 2024	07 Feb 2025	140 Days
47 Lockington Close, Chellaston, Derby, City Of Derby, DE73 6XD	£210,000	£207,000	-£3,000	04 Sep 2024	31 Jan 2025	149 Days
23 Alonso Close, Chellaston, Derby, City Of Derby, DE73 5AX	£180,000	£178,000	-£2,000	09 Aug 2024	27 Jan 2025	171 Days
88 Derby Road, Chellaston, Derby, City Of Derby, DE73 6QA	£220,000	£217,500	-£2,500	21 Aug 2024	24 Jan 2025	156 Days
10 Chapel Lane, Chellaston, Derby, City Of Derby, DE73 6TJ	£280,000	£275,000	-£5,000	21 Aug 2024	24 Jan 2025	156 Days
16 Wakami Crescent, Chellaston, Derby, City Of Derby, DE73 6XN	£219,950	£210,000	-£9,950	20 Jun 2024	20 Jan 2025	214 Days
1 Thistle Grove, Chellaston, Derby, City Of Derby, DE73 5WH	£340,000	£335,000	-£5,000	27 Jul 2024	10 Jan 2025	167 Days
2 Thistle Grove, Chellaston, Derby, City Of Derby, DE73 5WH	£375,000	£375,000	£0	19 Jun 2024	19 Dec 2024	183 Days
12 The Woodlands, Melbourne, Derby, Derbyshire, DE73 8DP	£230,000	£212,000	-£18,000	30 Aug 2024	19 Dec 2024	111 Days
5 Woodminton Drive, Chellaston, Derby, City Of Derby, DE73 6RZ	£300,000	£290,000	-£10,000	25 Mar 2024	16 Dec 2024	266 Days
11 Tuphall Close, Chellaston, Derby, City Of Derby, DE73 6WN	£295,000	£290,000	-£5,000	08 Jul 2024	13 Dec 2024	158 Days
72 West Avenue North, Chellaston, Derby, City Of Derby, DE73 5SG	£250,000	£235,000	-£15,000	18 Sep 2024	13 Dec 2024	86 Days
31 Green Avenue, Chellaston, Derby, City Of Derby, DE73 6TE	£255,000	£255,000	£0	15 Aug 2024	13 Dec 2024	120 Days
5 Hall Park, Barrow On Trent, Derby, Derbyshire, DE73 7HD	£239,995	£235,000	-£4,995	03 May 2024	13 Dec 2024	224 Days
39 St Peters Road, Chellaston, Derby, City Of Derby, DE73 6UU	£230,000	£222,500	-£7,500	11 Jul 2024	10 Dec 2024	152 Days
10 Domain Drive, Chellaston, Derby, City Of Derby, DE73 5WU	£399,950	£395,000	-£4,950	17 Apr 2024	05 Dec 2024	232 Days
1 Athens Court, Chellaston, Derby, City Of Derby, DE73 5BY	£250,000	£250,000	£0	05 Jul 2024	04 Dec 2024	152 Days
7 Blackthorn Close, Melbourne, Derby, Derbyshire, DE73 8LY	£500,000	£485,000	-£15,000	20 Jun 2024	29 Nov 2024	162 Days
29 Chapel Lane, Chellaston, Derby, City Of Derby, DE73 6TJ	£340,000	£340,000	£0	28 Jun 2024	22 Nov 2024	147 Days

Most Expensive Streets in DE73 (Derby)

Postcode	Street	Area	Average	No. of Sales
DE73 8BQ	Station Road, Melbourne	Derby	£657,166	6
DE73 7GQ	Lowes Farm, Lowes Lane	Derby	£620,833	3
DE73 8JF	Boardman Close, Melbourne	Derby	£608,832	6
DE73 7HW	Main Street, Ingleby	Derby	£573,333	3
DE73 8EQ	Penn Lane, Melbourne	Derby	£572,500	4
DE73 8JA	Freeman Drive, Melbourne	Derby	£543,329	21
DE73 8DN	Melbourne	Derby	£542,500	4
DE73 8AF	Short Hill	Derby	£542,150	3
DE73 8ES	Ashby Road, Melbourne	Derby	£536,250	8
DE73 8DB	Smith Avenue, Melbourne	Derby	£535,500	10

Least Expensive Streets in DE73 (Derby)

Postcode	Street	Area	Average	No. of Sales
DE73 5QD	Stadmoor Court	Derby	£82,050	10
DE73 6RD	Maple Drive, Chellaston	Derby	£94,375	4
DE73 5XD	Rowallan Way	Derby	£117,700	3
DE73 5QL	Mill Moor Close	Derby	£139,333	3
DE73 6RY	Newbold Close	Derby	£143,000	3
DE73 5QQ	Small Meer Close	Derby	£147,250	4
DE73 7HR	Manor Court, Church Lane	Derby	£152,666	6
DE73 5QG	Penhaligans Close	Derby	£154,166	3
DE73 6XD	Lockington Close	Derby	£158,387	12
DE73 6XL	Simcoe Leys	Derby	£163,450	10