Derby House Prices Derby House Prices

The average house price in Derby is £225,202 using HM Land Registry data.

The average property price increased by £39,415 (19.17%) over the last 5 years and increased by £7,897 (3.33%) over the last 12 months.

Over the last year, there were 2,256 residential property sales – a decrease of 854 transactions (-37.85%) relative to the previous year. The majority of house sales (550) were in the £170,000 - £220,000 range. Then came properties in the £120,000 - £170,000 range, where 495 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 108 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,326 (-2%).

In Dec 24, there were 221 new estate agency instructions, 244 agreed home sales and 160 property price reductions.

5-Year Average Property Prices in Derby

19.17%

Property prices in Derby increased by 19.17% 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 Derby Over the Last Year

3.33%

Property prices in Derby increased by 3.33% 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 Derby - Dec 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 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 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 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 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 Derby since 1995

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

Recent Property Sales in Derby

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 South Drive, Chaddesden, Derby, City Of Derby, DE21 6RZ£270,000£265,000-£5,00006 Nov 202318 Nov 2024378 Days
25 Wilmot Avenue, Chaddesden, Derby, City Of Derby, DE21 6PL£210,000£200,000-£10,00004 Jan 202418 Nov 2024319 Days
329 Osmaston Park Road, Derby, City Of Derby, DE24 8DA£190,000£190,000£0031 May 202418 Nov 2024171 Days
409 Nottingham Road, Chaddesden, Derby, City Of Derby, DE21 6PD£280,000£280,000£0022 Jul 202415 Nov 2024116 Days
17 Beaufort Road, Stenson Fields, Derby, Derbyshire, DE24 3BA£270,000£267,500-£2,50003 Jul 202415 Nov 2024135 Days
18 Tayside Close, Stenson Fields, Derby, Derbyshire, DE24 3HB£325,000£318,000-£7,00029 May 202415 Nov 2024170 Days
20 Empress Road, Derby, City Of Derby, DE23 6TD£350,000£340,000-£10,00013 Mar 202415 Nov 2024247 Days
4 Thistle Grove, Chellaston, Derby, City Of Derby, DE73 5WH£385,000£382,000-£3,00004 May 202414 Nov 2024194 Days
3 Worcester Crescent, Derby, City Of Derby, DE21 4ER£165,000£150,000-£15,00007 Mar 202413 Nov 2024251 Days
20 Bakewell Close, Mickleover, Derby, City Of Derby, DE3 9JS£260,000£247,000-£13,00016 Jul 202413 Nov 2024120 Days
1 Sheffield Place, Derby, City Of Derby, DE1 2RW£210,000£210,000£0024 Apr 202413 Nov 2024203 Days
9 Eastcroft Avenue, Littleover, Derby, City Of Derby, DE23 1NL£245,000£237,500-£7,50030 Jul 202413 Nov 2024106 Days
126 Balfour Road, Derby, City Of Derby, DE23 8UQ£135,000£135,000£0023 Oct 202413 Nov 202421 Days
19 Maple Grove, Allestree, Derby, City Of Derby, DE22 2HD£275,000£260,000-£15,00009 Feb 202412 Nov 2024277 Days
4 The Square, Mickleover, Derby, City Of Derby, DE3 0DD£350,000£331,000-£19,00003 Jul 202411 Nov 2024131 Days
37 Catterick Drive, Mickleover, Derby, City Of Derby, DE3 0TY£230,000£228,000-£2,00008 Jul 202408 Nov 2024123 Days
63 Fulham Road, Derby, City Of Derby, DE22 4GD£180,000£170,000-£10,00021 Jun 202407 Nov 2024139 Days
7 Finsbury Avenue, Derby, City Of Derby, DE22 4BT£179,950£175,000-£4,95028 Feb 202407 Nov 2024253 Days
11 Sundown Avenue, Littleover, Derby, City Of Derby, DE23 1GY£210,000£195,000-£15,00008 Apr 202407 Nov 2024213 Days
30 Woodchester Drive, Alvaston, Derby, City Of Derby, DE24 0TN£230,000£220,000-£10,00004 Jul 202406 Nov 2024125 Days

Most Expensive Streets in Derby

PostcodeStreetAreaAverageNo. of Sales
DE22 2FPKings CroftAllestree£864,9128
DE23 4EEKeats AvenueLittleover£851,0005
DE22 2EDCurbar CloseDerby£770,0003
DE22 1ESDuffield RoadDerby£740,0008
DE23 6NTOak DriveLittleover£684,9905
DE23 4EBChain LaneLittleover£667,0004
DE22 1EXChurch LaneDarley Abbey£665,0004
DE22 2ELEvans AvenueAllestree£659,2504
DE22 2EPEvans AvenueAllestree£658,3333
DE22 2NJPoppyfields MeadowAllestree£651,8624

Least Expensive Streets in Derby

PostcodeStreetAreaAverageNo. of Sales
DE24 8YRBrindley CourtWilkins Drive£36,20010
DE23 1TXTicknall WalkSunnyhill£46,7105
DE22 2UZLambourn CourtLambourn Drive£47,6118
DE22 1GRQueens CourtDerby£55,0004
DE1 3NXEaton CourtLeaper Street, Derby£56,3339
DE24 9JZStonyhurst CourtSinfin Avenue£58,3333
DE23 6LHWarwick AvenueDerby£61,54511
DE22 2QEKedleston CourtNorbury Close£62,0003
DE1 2HLSwinburne StreetDerby£63,9005
DE23 2NRBlair HouseBlagreaves Avenue£65,5003

Explore Derby and Neighbouring Area House Prices