The average property value in Derby is £207,162 according to property sale data for the year ending June 2021 published by HM Land Registry. Between the years ending June 2020 and June 2021, property values in Derby grew by £18,675. Compare house prices by area
Average property prices in Derby grew by 9.9% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 4.1% per year.
If prices in Derby continue to rise by 4.1% a year, the average property price will be £243,522 in 2025.
There were 2,972 property sales in Derby in the year ending June 2021, a decrease of 9 when compared to the previous year.
The average price for a house in Derby ranges from £149,149 for a terraced house to £304,779 for a detached house, with semi-detached in between costing on average £182,658.
The average price for a flat or maisonette in Derby is £102,173.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Derby, semi-detached house prices have risen the most between the years ending 2011 and 2021, and flat prices have grown the least.
Detached house prices have risen 42.4% from £214,066 to £304,779, semi-detached house prices have risen 45.8% from £125,237 to £182,658, terraced house prices have risen 44.7% from £103,099 to £149,149, and flat prices have risen 20.7% from £84,633 to £102,173.
The most common type of property sold in Derby during the year ending June 2021 was semi-detached houses, which accounted for 39.2% of properties.
The least commonly available type of property sold in Derby were flats, which account for 5.3% of properties sold.
Of the properties sold in Derby during 2021, 1.4% were new build properties.
The average price paid for a new build property in Derby was £118,158 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was detached houses (79% of new build properties sold). For existing properties, the most common type is semi-detached houses (40% of existing properties sold).
The most common price band for property sales in Derby is £150k - £200k, which accounted for 17.6% of properties sold in 2021.
0.1% of properties in Derby had a price over £1 million. For comparison, in England, 2.1% of property sales were priced at over £1 million.
The cheapest properties in Derby were in the under £50k price bracket, accounting for 0.4% of sales.
Average property price
YoY change in price
Average Property Price
YoY CHANGE in PRICE
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics