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Somercotes and Swanwick House Prices Somercotes and Swanwick House Prices

The average house price in Somercotes and Swanwick is £216,650 using HM Land Registry data.

The average property price increased by £25,839 (14.3%) over the last 5 years and increased by £5,164 (2.56%) over the last 12 months.

Over the last year, there were 156 residential property sales – a decrease of 28 transactions (-17.95%) relative to the previous year. The majority of house sales (42) were in the £144,000 - £188,000 range. Then came properties in the £188,000 - £232,000 range, where 35 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 63 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,562 (-2%).

In Aug 2025, there were 38 new estate agency instructions, 24 agreed home sales and 15 property price reductions.

Neighbouring Areas: South Normanton and Pinxton, Alfreton

Postcodes Covered: DE55

5-Year Average Property Prices in Somercotes and Swanwick

14.3%

Property prices in Somercotes and Swanwick increased by 14.3% 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 Somercotes and Swanwick Over the Last Year

2.56%

Property prices in Somercotes and Swanwick increased by 2.56% 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 Somercotes and Swanwick - Aug 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 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 Somercotes and Swanwick

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 Somercotes and Swanwick

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 Somercotes and Swanwick

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 Somercotes and Swanwick since 1995

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

Recent Property Sales in Somercotes and Swanwick

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
7 Broughton Close, Riddings, Alfreton, Derbyshire, DE55 4DQ£210,000£202,500-£7,50006 Sep 202424 Feb 2025171 Days
417 Somercotes Hill, Somercotes, Alfreton, Derbyshire, DE55 4JX£155,000£152,500-£2,50016 Jan 202407 Feb 2025388 Days
3 Blenheim Avenue, Swanwick, Alfreton, Derbyshire, DE55 1PQ£340,000£325,000-£15,00029 Jul 202403 Feb 2025189 Days
22 Broom Avenue, Swanwick, Alfreton, Derbyshire, DE55 1DQ£325,000£310,000-£15,00005 Jul 202417 Jan 2025196 Days
14 Pennine Avenue, Riddings, Alfreton, Derbyshire, DE55 4AD£180,000£175,000-£5,00016 Aug 202410 Jan 2025147 Days
28 George Street, Riddings, Alfreton, Derbyshire, DE55 4BH£135,000£130,000-£5,00004 Sep 202420 Dec 2024107 Days
35 George Street, Riddings, Alfreton, Derbyshire, DE55 4BH£115,000£100,000-£15,00016 Oct 202418 Dec 202463 Days
81 Main Road, Leabrooks, Alfreton, Derbyshire, DE55 1LT£325,000£315,000-£10,00024 May 202413 Dec 2024203 Days
34 Derby Road, Swanwick, Alfreton, Derbyshire, DE55 1AB£145,000£145,000£001 Jul 202413 Dec 2024165 Days
8 Oakes Close, Somercotes, Alfreton, Derbyshire, DE55 4GD£170,000£170,000£029 Apr 202408 Nov 2024193 Days
11a, Lark Hill, Swanwick, Alfreton, Derbyshire, DE55 1DD£375,000£375,000£002 May 202408 Aug 202498 Days
4 Lark Hill, Swanwick, Alfreton, Derbyshire, DE55 1DD£420,000£420,000£017 Apr 202429 Jul 2024103 Days
23 Nottingham Road, Somercotes, Alfreton, Derbyshire, DE55 4HQ£159,950£152,000-£7,95009 Jan 202419 Jul 2024192 Days
21 Albert Street, Leabrooks, Alfreton, Derbyshire, DE55 1LF£149,950£145,000-£4,95003 Apr 202417 Jul 2024105 Days
140 Greenhill Lane, Riddings, Alfreton, Derbyshire, DE55 4EX£120,000£117,500-£2,50004 Mar 202412 Jul 2024130 Days
24 Pentrich Road, Swanwick, Alfreton, Derbyshire, DE55 1BN£115,000£113,500-£1,50027 Mar 202412 Jul 2024107 Days
65 James Street, Leabrooks, Alfreton, Derbyshire, DE55 1LW£220,000£220,000£013 Mar 202412 Jul 2024121 Days
2 Stanley Street, Somercotes, Alfreton, Derbyshire, DE55 4JW£94,950£92,000-£2,95011 Apr 202411 Jul 202491 Days
45 George Street, Riddings, Alfreton, Derbyshire, DE55 4BH£175,000£175,000£020 Mar 202428 Jun 2024100 Days
561 Lower Somercotes, Somercotes, Alfreton, Derbyshire, DE55 4NS£129,950£122,500-£7,45029 Jan 202428 Jun 2024151 Days

Most Expensive Streets in Somercotes and Swanwick

PostcodeStreetAreaAverageNo. of Sales
DE55 1SJTaylor WaySwanwick£414,09925
DE55 1DDLark HillSwanwick£376,1258
DE55 1RHSleetmoor LaneSwanwick£373,0836
DE55 1EULarkfields CrescentSwanwick£361,9833
DE55 4BDPeveril CloseRiddings£351,6663
DE55 1AGHickton RoadSwanwick£347,4005
DE55 4ERNewlands RoadRiddings£341,8754
DE55 1FFWoods DriveSwanwick£331,67714
DE55 4HQNottingham RoadSomercotes£317,3333
DE55 1EXHarewood AvenueSwanwick£315,8333

Least Expensive Streets in Somercotes and Swanwick

PostcodeStreetAreaAverageNo. of Sales
DE55 4BEAlfred StreetRiddings£88,8754
DE55 4JHNottingham RoadSomercotes£94,37010
DE55 4JGNottingham RoadSomercotes£102,8758
DE55 4HYQuarry RoadSomercotes£103,2504
DE55 4HDHigh StreetSomercotes£103,5836
DE55 4LLRiber AvenueSomercotes£103,6005
DE55 4ASGreenhill LaneRiddings£103,8333
DE55 4HBLeabrooks RoadSomercotes£105,15411
DE55 4EWWest StreetRiddings£105,5006
DE55 4JUBowns YardSomercotes£108,4833

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