The Real Story on House Prices in Derby
Track how property sales in Derby have changed year-on-year since 2018, broken down by property type and compared across both internal districts and nearby towns.
You’ll also learn which districts are building sustained momentum and how that compares with external benchmarks.
House Prices > Derby
Derby House Prices Over Time: 2018 to 2025
Starting from 2018, this breakdown shows how average prices have changed annually.
| Year | Average Price | Transactions |
|---|---|---|
| 2025 (proj.) | £254,000 | 5,904 |
| 2024 | £246,400 | 4,217 |
| 2023 | £246,600 | 5,332 |
| 2022 | £251,800 | 6,346 |
| 2021 | £232,900 | 7,537 |
| 2020 | £218,700 | 5,384 |
| 2019 | £214,100 | 6,187 |
| 2018 | £206,200 | 6,326 |
Property Prices Year on Year in Derby
Buying a home in Derby these days is like trying to find the perfect pie at the local chippy. Tempting prices in 2018 started at around £206,200, but they sizzled up to a projected £254,000 by 2025. That's a sizeable leap for the average price, hinting at Derby's growing allure.
But what's cooking in the transactions department? They've been simmering, starting from a bustling 6,326 sales in 2018, dipping and diving to a projected 5,904 by 2025. Like a rollercoaster ride, thrilling and a tad unpredictable!
Several factors might be turning the wheels here:
- A spicy mix of supply and demand, where the appetite for homes might not always meet the available stock
- Affordability challenges that make budgeting feel like balancing a teetering tower of teacups
- Economic factors, akin to Derby’s market mood swings, influencing investment decisions
Now, if you're weighing your options in the Derby property market like a savvy shopper, you're not alone. The trends suggest an interesting game of chess rather than checkers. For those curious about square-foot secrets and whether you’ll get your money’s worth before diving into Derby’s real estate waters, the full scoop on house pricing might just be your trusty map.
The takeaway is simple:
Derby's property narrative is one of evolving charm, reflecting shifts in buyer desires and market dynamics. The city is unfolding a tale of alluring investment potential, yet with a few twists along the way. Whether you're eyeing Derby as your next home or a crafty investment venture, keeping an ear closer to the ground could make all the difference.
Price Differences Between Derby’s Property Types
Detached
Avg. Property Price: 364,100
Avg. Size of Property
1,347 sq/ft
Avg. Cost Per Sq/ft
£277 sq/ft
Total transactions
1,432 (since 2021)
Semi-detached
Avg. Property Price: 206,000
Avg. Size of Property
950 sq/ft
Avg. Cost Per Sq/ft
£222 sq/ft
Total transactions
2,133 (since 2021)
Terraces
Avg. Property Price: 157,300
Avg. Size of Property
879 sq/ft
Avg. Cost Per Sq/ft
£186 sq/ft
Total transactions
3,129 (since 2021)
Apartments
Avg. Property Price: 137,500
Avg. Size of Property
692 sq/ft
Avg. Cost Per Sq/ft
£198 sq/ft
Total transactions
368 (since 2021)
Derby's housing market presents a mixed picture. While some might claim that Derby's prices are soaring, the reality appears more nuanced, with property prices exhibiting considerable variation based on type. With an average property price standing at around £175,000, and typical sizes of about 730 sq ft, the cost per sq ft hovers near £240. For anyone stepping into Derby's property scene, this isn't just a leisurely stroll through the park; it's like a strategic game of chess in finding your real estate jackpot.
Detached homes capture a particular spotlight. Their average price of £362,900, with broader spaces of 1,340 sq ft at a cost per sq ft of £280, shows a willingness among buyers to invest in larger premises. With a remarkable 1,416 transactions since 2021, it's clear these homes appeal to those dreaming of private gardens and perhaps a driveway long enough to park multiple vehicles.
Flats tell a different tale. They're going for a much lower average price of £137,200, aligning with an average cost of £200 per sq ft. Compact at 690 sq ft, flats have seen only 366 transactions in recent years. This data challenges any narratives of an unquenchable thirst for urban living. Perhaps it's the compact life more suitable for transient lifestyles or those seeking affordability without sacrificing city amenities.
Meanwhile, semi-detached homes strike a comfortable middle ground with a price of about £205,900. These homes offer 950 sq ft of space at a reasonable £220 per sq ft. With 2,114 transactions, their appeal lies with families or first-time buyers who may be keen on suburban serenity with a decent plot of land to call their own.
Terraced properties maintain a stable footing in the Derby market. With prices averaging around £156,200, these homes promise practical value at £180 per sq ft. Offering 880 sq ft of living space, they are distinguished by 3,108 transactions, revealing their steadfast popularity. These homes often cater to those seeking personality and character over size, typically in Derby’s bustling central areas.
Exploring Derby’s property scene suggests interesting insights: Is the market really booming, or are we seeing distinct pockets of activity based on buyer preferences? To understand how your property fits into this narrative, consider reading Your House's Real Worth in Derby.
Key takeaway for buyers:
- For some peace and greenery, consider investing in detached homes.
- Those seeking affordability with decent space might find semi-detached and terraced homes attractive options.
- For urban convenience, flats remain a feasible choice despite fewer transactions.
Derby House Prices by Neighbourhood
| District | Avg Price (£) | Transactions |
|---|---|---|
| DE1 | £185,100 | 2,520 |
| DE2 | £220,000 | 1 |
| DE3 | £273,100 | 3,482 |
| DE21 | £204,100 | 6,383 |
| DE22 | £231,300 | 6,284 |
| DE23 | £208,600 | 5,405 |
| DE24 | £176,700 | 6,337 |
| DE65 | £270,200 | 3,829 |
| DE72 | £289,800 | 2,470 |
| DE73 | £292,800 | 2,833 |
| DE74 | £280,400 | 2,098 |
The property market in Derby is a lively tapestry of varying prices and activity levels across its diverse districts, each bringing its own character to the bustling Derby canvas.
Nestled at the heart of it all, the DE1 district offers relatively modest property prices with an average value of £185,100, making it a fantastic pick for those craving the allure of city life without the hefty price tag. The urban charm of DE1 ensures your mornings will have you hustling as swiftly as Derby serves up its morning coffee.
Shifting our gaze to the expansive suburbs, we see DE3 presenting a dynamic market with a whopping 3,482 transactions. Not to be overlooked, the average property price of £273,100 marks this district as both vibrant and desirable, radiating a strong, familial appeal that welcomes homeowners with open arms.
DE21 and DE22 can't help but catch the eye of savvy buyers, standing with average property prices of £204,100 and £231,300 respectively. Their slightly above-average transaction numbers ensure you're more than likely to find your dream home nestled within these streets. Thinking about buying in Derby? You might find quieter streets in DE21 offering serenity without sacrificing access to bustling hubs.
Towards the peak of the pricing scale, districts such as DE73 offer dazzling choices for those willing to stretch their budgets. With homes averaging £292,800, DE73 emerges as a place where prestigious living pairs beautifully with practical suburban settings.
DE24 stands out with its competitive market, hosting 6,337 transactions with properties priced at a more accessible £176,700. It's a district where community and convenience intersect, offering aspirational homeownership paths to many.
So, what are the key takeaway points?
- Most affordable area: DE24 – £176,700 with a lively transaction scene
- High-value districts:
- DE73 – £292,800
- DE72 – £289,800
- Considering a move?:
- DE3 – Popular with 3,482 transactions and family-friendly vibes
- Urban vibrancy:
- DE1 – Where city dreams come true at £185,100
All in all, Derby's property landscape offers a rich choice between affordability, suburban allure, and prestigious living. For a deeper dive into understanding these dynamic areas, check out our guide on Derby's Most In-Demand Streets. Here, every corner of our astounding city has something to offer.
Please keep in mind the figures reflect only the averages for property price and transaction numbers.
They do not account for the average size of properties or the average cost per square foot across each district. Because of this, some trends might not be fully captured. For a sharper and more detailed breakdown of Derby’s districts, head over to our blog. Thank you for your understanding.
Derby vs Its Neighbours: Property Price Trends
| City | Avg Price (£) | Transactions |
|---|---|---|
| Ilkeston | £174,300 | 5,167 |
| Belper | £263,000 | 3,322 |
| Heanor | £170,800 | 1,803 |
| Burton-On-Trent | £218,300 | 9,812 |
| Ripley | £195,100 | 2,178 |
| Swadlincote | £210,400 | 4,906 |
| Ashby-De-La-Zouch | £304,300 | 2,150 |
| Ashbourne | £330,000 | 2,326 |
| Coalville | £233,000 | 4,685 |
| Nottingham | £213,300 | 51,193 |
Derby's property scene stands as a curious beacon amid its neighbouring locales, presenting a blend of affordability and moderate transaction volumes across the board. From the bustling streets of Nottingham to the quaint market towns like Ashbourne, house prices speak loudly about regional dynamics.
Take Ilkeston and Heanor, for instance. Their relatively modest average prices of £174,300 and £170,800 respectively, suggest these areas remain accessible. Yet, with just 5,167 and 1,803 transactions, you could argue they are a quiet choice. It's like a reserved dance partner at the local derby party—not making bold moves, yet consistently present.
Moving north, Belper's market is aligned with a more discerning crowd. With a robust price point of £263,000, it reflects an allure, drawing those who seek charm fused with readiness to spend a touch more. Despite its relatively quaint number of 3,322 transactions, Belper carries that 'je ne sais quoi'—an essence of understated sophistication.
Enter Ashby-De-La-Zouch and Ashbourne, the posh ends of our price spectrum. With averages soaring to £304,300 and £330,000 respectively, their markets cater to a smaller yet robust client base, preserving exclusivity with their modest transaction numbers at 2,150 and 2,326.
Meanwhile, Coalville and Swadlincote emerge as the intermediaries, bridging the price extremes. Their average values hover around the £233,000 and £210,400 marks, inviting those looking for balance—affordable yet not necessarily cut-rate.
So, what can we establish?
- Affordable access: Ilkeston and Heanor pair low cost with low activity.
- Middle-tier market: Coalville and Swadlincote balance affordability with comfort.
- Luxurious edges: Ashby-De-La-Zouch and Ashbourne pride themselves on higher prices and exclusivity.
- Niche desirability: Belper offers a premium touch with restraint.
So what's the core message? Derby draws a varied crowd, offering entry-level prices with a unified feel across its sprawling neighbourhoods. Yet, a clear divide marks certain towns, appealing either to budget-conscious buyers or luxury seekers. Derby isn’t just a choice but a statement, where personalities and pockets meet in harmony.
Kindly remember, these figures use only overall averages, not adjusted values.
They do not adjust for differences in property size or cost per square foot. For a closer view, head over to our blog. Thank you.
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