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Alfreton House Prices Alfreton House Prices

The average house price in Alfreton is £150,000 using HM Land Registry data.

The average property price increased by £15,236 (0%) over the last 5 years and increased by £3,045 (0%) over the last 12 months.

Over the last year, there were 63 residential property sales – a decrease of 108 transactions (-171.43%) relative to the previous year. The majority of house sales (16) were in the £134,000 - £158,000 range. Then came properties in the £110,000 - £134,000 range, where 12 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 80 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,135 (-2%).

In April 2024, there were 14 new estate agency instructions, 19 agreed home sales and 10 property price reductions.

Neighbouring Areas: Somercotes and Swanwick

Postcodes Covered: DE55

5-Year Average Property Prices in Alfreton

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 Alfreton Over the Last Year

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 Alfreton - April 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 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 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 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 Alfreton since 1995

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

Recent Property Sales in Alfreton

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
29 Ellesmere Avenue, Alfreton, Derbyshire, DE55 7HW£127,000£126,000-£1,00011 Jul 202320 Nov 2023132 Days
19 Cedar Avenue, Alfreton, Derbyshire, DE55 7EU£159,950£151,000-£8,95022 Aug 202320 Nov 202390 Days
27 Catherine Street, Alfreton, Derbyshire, DE55 7JU£150,000£150,000£0013 May 202315 Sep 2023125 Days
17 Beech Avenue, Alfreton, Derbyshire, DE55 7EW£157,500£150,000-£7,50024 Apr 202315 Sep 2023144 Days
17 Byron Avenue, Alfreton, Derbyshire, DE55 7JZ£140,000£138,000-£2,00008 Jul 202313 Sep 202367 Days
52 Flowery Leys Lane, Alfreton, Derbyshire, DE55 7HA£265,000£257,000-£8,00018 Nov 202212 Sep 2023298 Days
137 Beech Avenue, Alfreton, Derbyshire, DE55 7EX£150,000£147,500-£2,50011 May 202304 Sep 2023116 Days
1 John Street, Alfreton, Derbyshire, DE55 7HS£85,000£85,000£0011 May 202324 Aug 2023105 Days
30 Normanton Avenue, Alfreton, Derbyshire, DE55 7QA£180,000£180,000£0016 May 202323 Aug 202399 Days
39 Hall Street, Alfreton, Derbyshire, DE55 7BT£185,000£180,000-£5,00027 Apr 202316 Aug 2023111 Days
22 Arthur Street, Alfreton, Derbyshire, DE55 7EB£150,000£143,000-£7,00026 May 202327 Jul 202362 Days
9 Pinewood Close, Alfreton, Derbyshire, DE55 7QG£169,950£169,950£0018 Nov 202228 Jun 2023222 Days
1 Firs Avenue, Alfreton, Derbyshire, DE55 7EL£167,000£160,000-£7,00017 Nov 202223 Jun 2023218 Days
135 Beech Avenue, Alfreton, Derbyshire, DE55 7EX£165,000£162,000-£3,00016 Mar 202323 Jun 202399 Days
10 Abbott Road, Alfreton, Derbyshire, DE55 7HD£230,000£225,000-£5,00014 Nov 202228 Apr 2023165 Days
85 Prospect Street, Alfreton, Derbyshire, DE55 7GY£124,950£115,000-£9,95016 Jan 202321 Apr 202395 Days
90 Birchwood Road, Alfreton, Derbyshire, DE55 7QD£120,000£120,000£0030 Nov 202221 Apr 2023142 Days
7 Firs Avenue, Alfreton, Derbyshire, DE55 7EL£180,000£176,000-£4,00014 Feb 202306 Apr 202351 Days
9 Birch Close, Alfreton, Derbyshire, DE55 7ET£160,000£155,000-£5,00026 Dec 202231 Mar 202395 Days
16 Long Meadow Road, Alfreton, Derbyshire, DE55 7PD£180,000£165,000-£15,00007 Oct 202224 Mar 2023168 Days

Most Expensive Streets in Alfreton

PostcodeStreetAreaAverageNo. of Sales
DE55 7ANWingfield RoadAlfreton£482,0504
DE55 7SRCopthorne DriveAlfreton£403,4805
DE55 7PRDamstead Park AvenueAlfreton£333,43742
DE55 7PZParkwood CloseAlfreton£307,4005
DE55 7TLWatchorn LawnsAlfreton£291,0836
DE55 7FPNottingham RoadAlfreton£289,3163
DE55 7SPHopkinson CloseAlfreton£267,30022
DE55 7SJBurnell CloseAlfreton£263,83416
DE55 7QTBingham CloseAlfreton£248,9505
DE55 7SNOakley CloseAlfreton£238,70612

Least Expensive Streets in Alfreton

PostcodeStreetAreaAverageNo. of Sales
DE55 7HYOrange StreetAlfreton£75,0003
DE55 7HLNottingham RoadAlfreton£87,9905
DE55 7HSJohn StreetAlfreton£90,6663
DE55 7GYProspect StreetAlfreton£100,11113
DE55 7JTPriory RoadAlfreton£106,6059
DE55 7JWWood StreetAlfreton£107,8128
DE55 7GSVictoria StreetAlfreton£108,0005
DE55 7GXProspect StreetAlfreton£110,7504
DE55 7HRWycliffe RoadAlfreton£112,2006
DE55 7HWEllesmere AvenueAlfreton£113,78214

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