Derby property prices

The average property price in Derby postcode area is £230k. The average price increased by £18.2k (9%) over the last twelve months. The price of an established property is £227k. The price of a newly built property is £259k. There were 9.4k property sales and sales dropped by 27.2% (-3.7k transactions). Most properties were sold in the £150k-£200k price range with 2146 (22.9%) properties sold, followed by £100k-£150k price range with 2042 (21.8%) properties sold.

June 2020 - May 2021

Derby postcode area

England and Wales

£230k

average property price

£332k

average property price

9%

average price percentage change

10%

average price percentage change

£18.2k

average price change

£30.7k

average price change

Derby house prices map

This price map shows the average property price in a given postcode sector between June 2020 - May 2021. The most affordable place was 'DE23 8' with the average price of £111k. The most expensive place was 'DE22 5', £685k.

Derby house prices map

Derby house prices compared to other areas

Comparison of the average property price and an average price percentage change by postcode area. Price % change compares the average property price between June 2020 - May 2021 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in postcode area.

Derby house prices compared to other areasAverage price percentage change
Average property price

Derby house price rank

With the average price of £230k, Derby is the 35. cheapest postcode area out of 105 England and Wales' postcode areas.

Derby house price rank

Derby property sales share by price range

shows a number of properties sold in a given price range between June 2020 - May 2021.

Derby property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.3%24
£50k-£100k9.1%857
£100k-£150k21.8%2.0k
£150k-£200k22.9%2.1k
£200k-£250k15.6%1.5k
£250k-£300k10.7%1000
£300k-£400k10.4%976
£400k-£500k4.8%448
£500k-£750k3.5%326
£750k-£1M0.8%73
over £1M0.3%29

Derby cost comparison of new homes and older homes

June 2020 - May 2021

Derby cost comparison of new homes and older homes

£259k

A newly built property

£227k

An established property

Derby cost comparison of houses and flats

June 2020 - May 2021

Derby cost comparison of houses and flats

£334k

Detached

£122k

Flat

£189k

Semi-Detached

£151k

Terraced

Derby real house prices

Yearly average nominal house prices adjusted for inflation.

Derby real house prices

Derby house prices compared to England & Wales' house prices

Yearly average nominal prices

Derby house prices

Derby house prices per square meter

Yearly average nominal prices per square meter.

Average price per square meter

Derby house prices and nearby areas

Yearly average nominal prices

Derby house prices and nearby areas

Derby house prices new vs established

Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.

Derby house prices new vs established

Derby house prices by property type

Yearly average nominal prices

Derby house prices by property type

Derby house price to earnings ratio

The median property price to median earnings ratio is ranging between 5.4 in Derby and 8.5 in Derbyshire Dales. Ie. Derby resident with middle-income needs 5.4 gross annual salaries to buy a medium-priced property. Resident in Derbyshire Dales needs 8.5 annual salaries. The England and Wales ratio was 7.7 in 2019.
Derby house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2019
Derby5.4
Erewash5.5
Amber Valley5.9
North West Leicestershire6.8
South Derbyshire6.9
East Staffordshire7
England and Wales7.7
Derbyshire Dales8.5

Other reports for Derby postcode area

new home prices

property transactions

salary and unemployment

population statistics

home energy certificates

energy costs

home features

crime statistics

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