Key indicators for buyers
The DE24 market looks favourable for buyers. Prices have softened (-19.9%), 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 £168,318 with a 25% deposit (£42k), a 2-year fixed mortgage at 3.97% costs around £664 per month.
Monthly cost comparison based on current data
Uses DE24 avg. price with City of Derby rental data
Monthly mortgage payments (£664) are £180 less than renting (£844). However, buying requires an upfront deposit of £42k — it would take around 6 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
420, HARVEY ROAD DE24 8JX | Semi-detached | £82,500 | 29 Jan 2026 |
30, DAVENPORT ROAD DE24 8AX | Terraced | £115,000 | 27 Jan 2026 |
44, LULWORTH ROAD, BOULTON MOOR DE24 5BJ | Detached | £260,000 | 23 Jan 2026 |
42, HOLDERNESS CLOSE, STENSON FIELDS DE24 3BL | Terraced | £160,000 | 22 Jan 2026 |
106, BRACKNELL DRIVE, ALVASTON DE24 0BT | Semi-detached | £260,000 | 22 Jan 2026 |
5, LAUNCESTON ROAD, ALVASTON DE24 0NN | Semi-detached | £190,000 | 19 Jan 2026 |
23, PACIFIC WAY DE24 1AA | 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 DE24 sold for £168,318 in 2026, with a median of £155,000 across 11 transactions. Prices fell 19.9% compared to the previous year.
| £255,000 |
| 16 Jan 2026 |
155, SINFIN AVENUE, SHELTON LOCK DE24 9QB | Terraced | £150,000 | 15 Jan 2026 |
318, BRIGHTON ROAD, ALVASTON DE24 8TF | Terraced | £104,000 | 13 Jan 2026 |
27, WOLVERLEY GRANGE, ALVASTON DE24 0SS | Semi-detached | £155,000 | 9 Jan 2026 |
12, BAGSHAW STREET DE24 8TX | Semi-detached | £120,000 | 9 Jan 2026 |
131, BOULTON LANE DE24 0FF | Semi-detached | £220,000 | 19 Dec 2025 |
21, BEAUFORT ROAD, STENSON FIELDS DE24 3BA | Semi-detached | £230,000 | 19 Dec 2025 |
111, GRASMERE CRESCENT, SINFIN DE24 9HT | Detached | £180,000 | 19 Dec 2025 |
1, STAR COTTAGES, ALVASTON DE24 0JH | Semi-detached | £158,000 | 19 Dec 2025 |
21, MANIFOLD DRIVE, ALVASTON DE24 0TR | Terraced | £155,000 | 19 Dec 2025 |
5, COLTSFOOT DRIVE, SINFIN DE24 3LB | Detached | £317,000 | 19 Dec 2025 |
11, DENARTH AVENUE, SHELTON LOCK DE24 9EW | Detached | £205,000 | 19 Dec 2025 |
5, LORRAINE CLOSE, SHELTON LOCK DE24 9EX | Detached | £200,000 | 19 Dec 2025 |
121, THACKERAY STREET, SINFIN DE24 9GZ | Semi-detached | £144,000 | 19 Dec 2025 |
The most recent recorded sale in DE24 was a semi-detached property on Harvey Road for £82,500 in January 2026. Across the last 20 sales, the median price was £180,000.