You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in Makeney

Makeney House Prices

The average house price in Makeney is £633,000 using HM Land Registry data.

The average property price increased by £54,385 (12.01%) over the last 5 years and increased by £10,869 (2.19%) over the last 12 months.

Over the last year, there were 57 residential property sales – a decrease of 18 transactions (-31.58%) relative to the previous year. The majority of house sales (16) were in the £220,000 - £356,000 range. Then came properties in the £356,000 - £492,000 range, where 16 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 56 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,627 (-2%).

In April 2024, there were 18 new estate agency instructions, 13 agreed home sales and 7 property price reductions.

5-Year Average Property Prices in Makeney

12.01%

Property prices in Makeney increased by 12.01% 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 Makeney Over the Last Year

2.19%

Property prices in Makeney increased by 2.19% 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 Makeney - 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 Makeney

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 Makeney

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 Makeney

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 Makeney since 1995

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

Recent Property Sales in Makeney

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
13 Ferrers Crescent, Duffield, Belper, Derbyshire, DE56 4DH	£315,000	£305,000	-£10,000	08 Aug 2023	16 Feb 2024	192 Days
2 Cavendish Close, Duffield, Belper, Derbyshire, DE56 4DF	£675,000	£655,000	-£20,000	11 Sep 2023	19 Jan 2024	130 Days
10 Gilbert Crescent, Duffield, Belper, Derbyshire, DE56 4FW	£650,000	£633,000	-£17,000	01 Jul 2023	14 Dec 2023	166 Days
52 Derby Road, Duffield, Belper, Derbyshire, DE56 4FL	£485,000	£483,200	-£1,800	08 Sep 2023	30 Nov 2023	83 Days
29 Hall Farm Road, Duffield, Belper, Derbyshire, DE56 4FS	£495,000	£485,000	-£10,000	15 Aug 2023	29 Nov 2023	106 Days
24 Lime Avenue, Duffield, Belper, Derbyshire, DE56 4DX	£1,150,000	£1,096,689	-£53,311	10 May 2023	27 Nov 2023	201 Days
44 King Street, Duffield, Belper, Derbyshire, DE56 4EU	£425,000	£420,000	-£5,000	21 Jun 2023	10 Nov 2023	142 Days
28 Hall Farm Road, Duffield, Belper, Derbyshire, DE56 4FS	£489,950	£440,000	-£49,950	29 Jun 2023	30 Oct 2023	123 Days
6 Champion Hill, Duffield, Belper, Derbyshire, DE56 4EW	£450,000	£450,000	£00	22 Jul 2023	20 Oct 2023	90 Days
47 King Street, Duffield, Belper, Derbyshire, DE56 4EU	£459,950	£190,000	-£269,950	21 Jun 2023	16 Oct 2023	117 Days
52 Hall Farm Road, Duffield, Belper, Derbyshire, DE56 4FS	£650,000	£650,000	£00	17 Jun 2023	13 Oct 2023	118 Days
22 Ferrers Crescent, Duffield, Belper, Derbyshire, DE56 4DH	£289,950	£280,000	-£9,950	22 Feb 2023	12 Oct 2023	232 Days
1 Granville Close, Duffield, Belper, Derbyshire, DE56 4FY	£525,000	£510,000	-£15,000	24 Mar 2023	24 Aug 2023	153 Days
13 Marsden Close, Duffield, Belper, Derbyshire, DE56 4DB	£310,000	£305,000	-£5,000	04 May 2023	18 Aug 2023	106 Days
41 Hall Farm Road, Duffield, Belper, Derbyshire, DE56 4FJ	£399,950	£385,000	-£14,950	05 May 2023	18 Aug 2023	105 Days
1 Old Mill Close, Duffield, Belper, Derbyshire, DE56 4GQ	£350,000	£327,500	-£22,500	26 Dec 2022	11 Aug 2023	228 Days
1 Wirksworth Road, Duffield, Belper, Derbyshire, DE56 4GH	£569,950	£540,000	-£29,950	28 Mar 2023	11 Aug 2023	136 Days
1 Champion Hill, Duffield, Belper, Derbyshire, DE56 4EW	£320,000	£312,000	-£8,000	26 Apr 2023	03 Aug 2023	99 Days
3 Auckland Place, Duffield, Belper, Derbyshire, DE56 4BQ	£300,000	£295,000	-£5,000	21 Apr 2023	27 Jul 2023	97 Days
43 Town Street, Duffield, Belper, Derbyshire, DE56 4GG	£499,950	£499,950	£00	03 Jan 2023	25 Jul 2023	203 Days

Most Expensive Streets in Makeney

Postcode	Street	Area	Average	No. of Sales
DE56 4AR	Wirksworth Road	Duffield	£1,452,750	3
DE56 4AA	Hazelwood Road	Duffield	£967,000	5
DE56 4DP	Hazelwood Road	Duffield	£949,680	10
DE56 4AY	Lower Burley View	Duffield	£945,142	7
DE56 4HH	Ecclesbourne Meadows	Duffield	£910,000	7
DE56 4JB	Hall Gardens	Duffield	£828,333	3
DE56 4BU	Broadway	Duffield	£806,000	5
DE56 4DQ	Hazeldene Close	Duffield	£767,500	4
DE56 4DX	Lime Avenue	Duffield	£739,337	5
DE56 4HU	The Croft	Duffield	£673,333	3

Least Expensive Streets in Makeney

Postcode	Street	Area	Average	No. of Sales
DE56 4EG	Village Court	Town Street, Duffield	£80,000	3
DE56 4HL	De Ferrers Court	Duffield	£192,966	9
DE56 4DG	Meadow Croft	Duffield	£214,050	5
DE56 4HT	Meadow Reach	Station Approach	£221,650	3
DE56 4HE	Lodge Close	Duffield	£227,000	4
DE56 4FF	Snake Lane	Duffield	£234,000	3
DE56 4BQ	Auckland Place	Duffield	£238,700	5
DE56 4ER	Tamworth Street	Duffield	£241,000	9
DE56 4JD	Station Rise	Station Approach	£247,590	5
DE56 4DZ	Castle Orchard	Duffield	£253,750	4