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Heanor House Prices Heanor House Prices

The average house price in Heanor is £212,000 using HM Land Registry data.

The average property price increased by £45,528 (29.64%) over the last 5 years and increased by £9,099 (4.79%) over the last 12 months.

Over the last year, there were 239 residential property sales – a decrease of 181 transactions (-75.73%) relative to the previous year. The majority of house sales (50) were in the £140,000 - £170,000 range. Then came properties in the £110,000 - £140,000 range, where 44 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 43 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,483 (-2%).

In April 2024, there were 49 new estate agency instructions, 32 agreed home sales and 32 property price reductions.

Neighbouring Areas: Ripley, Eastwood

Postcodes Covered: DE7, DE75, NG16

5-Year Average Property Prices in Heanor

29.64%

Property prices in Heanor increased by 29.64% 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 Heanor Over the Last Year

4.79%

Property prices in Heanor increased by 4.79% 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 Heanor - 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 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 Heanor

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 Heanor

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 Heanor

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 Heanor since 1995

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

Recent Property Sales in Heanor

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
8 Brockhall Rise, Heanor, Derbyshire, DE75 7TL£170,000£164,000-£6,00017 Nov 202328 Mar 2024132 Days
22 Minkley Drive, Langley Mill, Nottingham, Derbyshire, NG16 4JA£215,000£215,000£0014 Oct 202301 Mar 2024139 Days
33 Hallington Drive, Heanor, Derbyshire, DE75 7QX£295,000£280,000-£15,00008 Jun 202330 Jan 2024236 Days
40 Station Road, Langley Mill, Nottingham, Derbyshire, NG16 4BH£150,000£150,000£0024 Jul 202329 Jan 2024189 Days
37 Mundy Street, Heanor, Derbyshire, DE75 7EB£190,000£183,000-£7,00015 Sep 202322 Jan 2024129 Days
47 Hardy Barn, Shipley, Heanor, Derbyshire, DE75 7LY£425,000£400,000-£25,00018 Dec 202319 Jan 202432 Days
102 Loscoe Grange, Loscoe, Heanor, Derbyshire, DE75 7JZ£165,000£165,000£0002 Nov 202319 Jan 202478 Days
67 Brookfield Way, Heanor, Derbyshire, DE75 7NU£189,950£185,000-£4,95011 Jul 202305 Jan 2024178 Days
159 Roper Avenue, Heanor, Derbyshire, DE75 7DB£250,000£250,000£0020 Oct 202320 Dec 202361 Days
6 Sandringham Drive, Heanor, Derbyshire, DE75 7TZ£420,000£408,000-£12,00001 Aug 202319 Dec 2023140 Days
7 Clayton Grove, Loscoe, Heanor, Derbyshire, DE75 7LT£299,995£285,000-£14,99520 Jun 202318 Dec 2023181 Days
32 Sovereign Way, Heanor, Derbyshire, DE75 7SB£250,000£245,000-£5,00023 May 202318 Dec 2023209 Days
18 Saxton Avenue, Heanor, Derbyshire, DE75 7PZ£175,000£170,000-£5,00029 Aug 202318 Dec 2023111 Days
42 Ella Bank Road, Heanor, Derbyshire, DE75 7HF£150,000£147,500-£2,50027 Jul 202308 Dec 2023134 Days
5 Berle Avenue, Heanor, Derbyshire, DE75 7PS£180,000£175,000-£5,00007 Sep 202307 Dec 202391 Days
16 Holmes Close, Langley Mill, Nottingham, Derbyshire, NG16 4GS£210,000£205,000-£5,00026 Dec 202201 Dec 2023340 Days
7 Prospect Road, Heanor, Derbyshire, DE75 7NF£115,000£105,500-£9,50030 May 202330 Nov 2023184 Days
39 Ebenezer Street, Langley Mill, Nottingham, Derbyshire, NG16 4DA£130,000£128,500-£1,50027 Jul 202329 Nov 2023125 Days
4 Westfield Avenue, Heanor, Derbyshire, DE75 7BN£240,000£240,000£0009 Jan 202324 Nov 2023319 Days
4 Barnes Croft, Heanor, Derbyshire, DE75 7SY£240,000£239,000-£1,00025 May 202322 Nov 2023181 Days

Most Expensive Streets in Heanor

PostcodeStreetAreaAverageNo. of Sales
DE75 7SQOrchard ViewBailey Close£452,0836
NG16 4HBCromford RoadLangley Mill£348,0285
DE75 7JBHassock Lane NorthShipley£339,92510
DE75 7DZShipley Park GardensHeanor£308,81714
DE75 7LRFord AvenueLoscoe£302,6666
DE75 7UNBuxton AvenueHeanor£298,5003
DE75 7TXPrincess CloseHeanor£296,8754
DE75 7LYHardy BarnShipley£291,57510
DE75 7EQLockton AvenueHeanor£291,2484
DE75 7URKirkley DriveHeanor£281,4287

Least Expensive Streets in Heanor

PostcodeStreetAreaAverageNo. of Sales
DE75 7FEStamford StreetHeanor£86,5836
NG16 4EEBridge StreetLangley Mill£86,7504
NG16 4BXHampden StreetLangley Mill£90,0003
NG16 4FFOrmonde StreetLangley Mill£92,29414
DE75 7NFProspect RoadHeanor£97,8333
DE75 7GGRay StreetHeanor£98,30010
NG16 4APElnor StreetLangley Mill£98,8006
DE75 7QFMount StreetHeanor£100,8333
DE75 7EXHigh StreetHeanor£104,20010
DE75 7GFRay StreetHeanor£105,4378

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