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Borrowash House Prices Borrowash House Prices

The average house price in Borrowash is £309,111 using HM Land Registry data.

The average property price increased by £65,347 (25.71%) over the last 5 years and increased by £13,094 (4.27%) over the last 12 months.

Over the last year, there were 73 residential property sales – a decrease of 15 transactions (-20.55%) relative to the previous year. The majority of house sales (21) were in the £180,000 - £226,000 range. Then came properties in the £226,000 - £272,000 range, where 17 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 238 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,707 (-3%).

In February 2025, there were 14 new estate agency instructions, 3 agreed home sales and 5 property price reductions.

Neighbouring Areas: Derby

Postcodes Covered: DE72

5-Year Average Property Prices in Borrowash

25.71%

Property prices in Borrowash increased by 25.71% 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 Borrowash Over the Last Year

4.27%

Property prices in Borrowash increased by 4.27% 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 Borrowash - February 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 Borrowash

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 Borrowash

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 Borrowash

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 Borrowash since 1995

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

Recent Property Sales in Borrowash

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
4 Cedar Drive, Ockbrook, Derby, Derbyshire, DE72 3SJ£445,000£430,000-£15,00013 Sep 202414 Jan 2025123 Days
25 Gordon Road, Borrowash, Derby, Derbyshire, DE72 3JX£349,950£330,000-£19,95028 May 202410 Jan 2025227 Days
47 Priorway Avenue, Borrowash, Derby, Derbyshire, DE72 3HW£250,000£245,000-£5,00009 Aug 202419 Dec 2024132 Days
108 Nottingham Road, Borrowash, Derby, Derbyshire, DE72 3FP£250,000£190,000-£60,00011 Jun 202412 Dec 2024184 Days
44 Elm Street, Borrowash, Derby, Derbyshire, DE72 3HP£239,950£230,000-£9,95021 Jun 202409 Dec 2024171 Days
140 Cole Lane, Borrowash, Derby, Derbyshire, DE72 3GP£249,950£239,000-£10,95002 Mar 202309 Dec 2024648 Days
3 Robinscross, Borrowash, Derby, Derbyshire, DE72 3LD£229,950£229,950£018 Jun 202422 Nov 2024157 Days
3 Cedar Drive, Ockbrook, Derby, Derbyshire, DE72 3SJ£400,000£380,000-£20,00017 Aug 202418 Nov 202493 Days
42 Collier Lane, Ockbrook, Derby, Derbyshire, DE72 3RP£580,000£575,000-£5,00016 Jul 202418 Nov 2024125 Days
190 Victoria Avenue, Borrowash, Derby, Derbyshire, DE72 3HG£190,000£185,000-£5,00026 Jul 202414 Nov 2024111 Days
14 Chestnut Grove, Borrowash, Derby, Derbyshire, DE72 3JP£250,000£243,000-£7,00021 Jun 202421 Oct 2024122 Days
19 Elm Street, Borrowash, Derby, Derbyshire, DE72 3HP£150,000£128,500-£21,50009 Feb 202411 Oct 2024245 Days
9 Croft Close, Ockbrook, Derby, Derbyshire, DE72 3RR£369,950£365,000-£4,95026 Apr 202404 Oct 2024161 Days
56 Pares Way, Ockbrook, Derby, Derbyshire, DE72 3TL£200,000£197,000-£3,00009 May 202403 Oct 2024147 Days
19 Charnwood Avenue, Borrowash, Derby, Derbyshire, DE72 3JA£210,000£202,000-£8,00022 Apr 202401 Oct 2024162 Days
3 Flood Street, Ockbrook, Derby, Derbyshire, DE72 3RF£240,000£233,600-£6,40029 Apr 202427 Sep 2024151 Days
8 Borrowfield, Borrowash, Derby, Derbyshire, DE72 3LB£295,000£290,000-£5,00030 Mar 202427 Sep 2024181 Days
10 Hillcroft Drive, Ockbrook, Derby, Derbyshire, DE72 3RE£439,000£435,000-£4,00024 Oct 202307 Aug 2024288 Days
26 Derby Road, Borrowash, Derby, Derbyshire, DE72 3HA£185,000£185,000£015 Feb 202421 Jun 2024127 Days
66 Balmoral Road, Borrowash, Derby, Derbyshire, DE72 3FZ£275,000£265,000-£10,00011 Jan 202430 May 2024140 Days

Most Expensive Streets in Borrowash

PostcodeStreetAreaAverageNo. of Sales
DE72 3FRNottingham RoadBorrowash£750,3577
DE72 3RDCole LaneOckbrook£536,7504
DE72 3RHBakehouse LaneOckbrook£502,0756
DE72 3GNCole LaneBorrowash£478,7374
DE72 3SFThe RidingsOckbrook£454,58312
DE72 3TLPares WayOckbrook£386,0009
DE72 3RRCroft CloseOckbrook£376,3333
DE72 3RQOrchard CloseOckbrook£374,8005
DE72 3SHThe RidingsOckbrook£336,8333
DE72 3SQHomefarm CloseOckbrook£334,3754

Least Expensive Streets in Borrowash

PostcodeStreetAreaAverageNo. of Sales
DE72 3XFBrookview CourtNottingham Road£71,0005
DE72 3FPNottingham RoadBorrowash£150,1119
DE72 3GGDraycott RoadBorrowash£153,1258
DE72 3HPElm StreetBorrowash£160,65010
DE72 3HEVictoria AvenueBorrowash£172,32911
DE72 3HWPriorway AvenueBorrowash£182,3005
DE72 3HYPriorway AvenueBorrowash£183,2504
DE72 3JEAshbrook AvenueBorrowash£185,0005
DE72 3GFKimberley RoadBorrowash£191,7507
DE72 3GSPriors Barn CloseBorrowash£192,8005

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