Key indicators for buyers
The DE22 market looks favourable for buyers. Prices have softened (-12.5%), which could present a buying opportunity. Rising rents (£844/mo, +3.1%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider City of Derby area
A home in City of Derby costs 5.3x the local median salary — moderate, improving from a peak of 5.7x in 2007.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider City of Derby area
Average monthly rent in City of Derby is £844, up 3.1% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average City of Derby price of £246,143 with a 25% deposit (£62k), a 2-year fixed mortgage at 3.97% costs around £971 per month.
Monthly cost comparison based on current data
Uses DE22 avg. price with City of Derby rental data
Monthly mortgage payments (£971) are £127 more than renting (£844). However, buying requires an upfront deposit of £62k — it would take around 11 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
76, CEDAR STREET DE22 1GE | Terraced | £200,500 | 23 Jan 2026 |
70, LEMAN STREET DE22 3UX | Terraced | £125,000 | 20 Jan 2026 |
12, NORBURY COURT, ALLESTREE DE22 2YA | Flat/Maisonette | £90,000 | 19 Jan 2026 |
162, WOODS LANE DE22 3UE | Terraced | £160,000 | 15 Jan 2026 |
4, BATTERSEA PARK WAY DE22 4LT | Detached | £245,000 | 14 Jan 2026 |
9, FIRS CRESCENT, ALLESTREE DE22 2HJ | Semi-detached | £256,000 | 14 Jan 2026 |
131, WOODS LANE DE22 3UE | Terraced |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in DE22 sold for £246,143 in 2026, with a median of £222,750 across 14 transactions. Prices fell 12.5% compared to the previous year.
| £132,000 |
| 14 Jan 2026 |
26, FORD LANE, ALLESTREE DE22 2EW | Detached | £460,000 | 9 Jan 2026 |
53, LAMBOURN DRIVE, ALLESTREE DE22 2UT | Detached | £430,000 | 9 Jan 2026 |
6, LISKEARD DRIVE, ALLESTREE DE22 2GW | Detached | £315,000 | 8 Jan 2026 |
51, BRACKENSDALE AVENUE DE22 4AF | Detached | £270,000 | 7 Jan 2026 |
134, ASHBOURNE ROAD DE22 3AG | Terraced | £150,000 | 7 Jan 2026 |
25, WOLFA STREET DE22 3SE | Terraced | £154,000 | 5 Jan 2026 |
54, FORD LANE, ALLESTREE DE22 2EW | Detached | £458,500 | 5 Jan 2026 |
62, ROBINCROFT ROAD, ALLESTREE DE22 2FR | Terraced | £73,000 | 22 Dec 2025 |
61, BRAMFIELD AVENUE DE22 3TN | Semi-detached | £195,000 | 19 Dec 2025 |
60, BRENTFORD DRIVE DE22 4BP | Terraced | £145,000 | 19 Dec 2025 |
34, CLIFTON ROAD, ALLESTREE DE22 2PH | Semi-detached | £295,000 | 19 Dec 2025 |
13, WESTBOURNE PARK DE22 4GX | Detached | £350,000 | 19 Dec 2025 |
16, TROWELS LANE DE22 3LS | Semi-detached | £224,500 | 19 Dec 2025 |
The most recent recorded sale in DE22 was a terraced property on Cedar Street for £200,500 in January 2026. Across the last 20 sales, the median price was £224,500.