Key indicators for buyers
The DE23 market is moderately favourable for buyers. Prices are rising at 8.8%, which may favour acting sooner rather than later. 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 £254,039 with a 25% deposit (£64k), a 2-year fixed mortgage at 3.97% costs around £1,003 per month.
Monthly cost comparison based on current data
Uses DE23 avg. price with City of Derby rental data
Monthly mortgage payments (£1,003) are £159 more than renting (£844). However, buying requires an upfront deposit of £64k — it would take around 12 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
1, FARRIER GARDENS, LITTLEOVER DE23 3XR | Detached | £495,350 | 26 Jan 2026 |
53, THE HOLLOW, LITTLEOVER DE23 6GH | Detached | £330,000 | 22 Jan 2026 |
127, ST GILES ROAD DE23 8SL | Terraced | £180,000 | 19 Jan 2026 |
38, TEMPLEBELL CLOSE, LITTLEOVER DE23 3YJ | Detached | £395,000 | 13 Jan 2026 |
161, HAVEN BAULK LANE, LITTLEOVER DE23 4AF | Semi-detached | £262,000 | 9 Jan 2026 |
7, GORDON ROAD DE23 6WR | Terraced | £120,000 | 9 Jan 2026 |
43, SUNNYHILL AVENUE DE23 1JQ | Semi-detached |
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 DE23 sold for £254,039 in 2026, with a median of £260,000 across 9 transactions. Prices rose 8.8% compared to the previous year.
| £260,000 |
| 9 Jan 2026 |
4, CORONATION STREET DE23 8NW | Semi-detached | £124,000 | 9 Jan 2026 |
20, BENDALL GREEN, LITTLEOVER DE23 2PJ | Terraced | £120,000 | 8 Jan 2026 |
103, BASEBALL DRIVE DE23 8NE | Flat/Maisonette | £115,000 | 19 Dec 2025 |
54, RANDOLPH ROAD DE23 8TE | Terraced | £122,000 | 19 Dec 2025 |
108, WILLSON AVENUE, LITTLEOVER DE23 1TW | Terraced | £162,000 | 19 Dec 2025 |
29, THORN STREET DE23 6LZ | Terraced | £156,000 | 19 Dec 2025 |
37, WILLSON ROAD, LITTLEOVER DE23 1BY | Semi-detached | £255,000 | 19 Dec 2025 |
36, RODSLEY CRESCENT, LITTLEOVER DE23 2NY | Semi-detached | £180,000 | 19 Dec 2025 |
69A, HARTSHORNE ROAD, LITTLEOVER DE23 2QQ | Flat/Maisonette | £85,000 | 19 Dec 2025 |
68, HILLSWAY, LITTLEOVER DE23 3DW | Semi-detached | £272,000 | 16 Dec 2025 |
40, BRAYFIELD ROAD, LITTLEOVER DE23 6GT | Detached | £380,000 | 16 Dec 2025 |
522, BURTON ROAD, LITTLEOVER DE23 6FN | Detached | £390,500 | 16 Dec 2025 |
4, PRINCES DRIVE, LITTLEOVER DE23 6DW | Semi-detached | £285,000 | 16 Dec 2025 |
The most recent recorded sale in DE23 was a detached property on Farrier Gardens for £495,350 in January 2026. Across the last 20 sales, the median price was £255,000.