Key indicators for buyers
The DE3 market looks favourable for buyers. Prices have softened (-21.4%), 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 £242,875 with a 25% deposit (£61k), a 2-year fixed mortgage at 3.97% costs around £958 per month.
Monthly cost comparison based on current data
Uses DE3 avg. price with City of Derby rental data
Monthly mortgage payments (£958) are £114 more than renting (£844). However, buying requires an upfront deposit of £61k — 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 |
|---|---|---|---|
14, WELLS ROAD, MICKLEOVER DE3 9BU | Semi-detached | £204,500 | 19 Jan 2026 |
14, BUXTON DRIVE, MICKLEOVER DE3 9HR | Semi-detached | £277,000 | 19 Jan 2026 |
5, MEON CLOSE, MICKLEOVER DE3 0AR | Semi-detached | £300,000 | 16 Jan 2026 |
86, VICARAGE ROAD, MICKLEOVER DE3 0EE | Terraced | £190,000 | 9 Jan 2026 |
179, VICARAGE ROAD, MICKLEOVER DE3 0EF | Semi-detached | £195,000 | 19 Dec 2025 |
12, TARRAGON CLOSE, MICKLEOVER DE3 0GL | Semi-detached | £66,000 | 19 Dec 2025 |
147, WESTERN ROAD, MICKLEOVER DE3 9GS |
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 DE3 sold for £242,875 in 2026, with a median of £240,750 across 4 transactions. Prices fell 21.4% compared to the previous year.
| Semi-detached |
| £270,000 |
| 19 Dec 2025 |
15, DUESBURY PLACE, MICKLEOVER DE3 0UH | Flat/Maisonette | £140,000 | 19 Dec 2025 |
2, IRIS CRESCENT, MICKLEOVER DE3 0FW | Detached | £320,000 | 19 Dec 2025 |
12, WADHAM CLOSE, MICKLEOVER DE3 9DP | Terraced | £240,000 | 17 Dec 2025 |
7, BARBON DRIVE, MICKLEOVER DE3 0AW | Detached | £402,500 | 16 Dec 2025 |
6, WHISTLESTOP CLOSE, MICKLEOVER DE3 9DA | Detached | £467,500 | 16 Dec 2025 |
10, NORTH AVENUE, MICKLEOVER DE3 9HY | Detached | £450,000 | 12 Dec 2025 |
7, QUEENSLAND CLOSE, MICKLEOVER DE3 9JP | Detached | £285,000 | 10 Dec 2025 |
14, CHICORY CLOSE, MICKLEOVER DE3 0FL | Detached | £305,500 | 5 Dec 2025 |
11, MALLARD WALK, MICKLEOVER DE3 0TF | Detached | £465,000 | 5 Dec 2025 |
176, UTTOXETER ROAD, MICKLEOVER DE3 9AA | Detached | £450,000 | 5 Dec 2025 |
6, MINT GROVE, MICKLEOVER DE3 0GE | Detached | £425,000 | 5 Dec 2025 |
9, ALMA HEIGHTS, MICKLEOVER DE3 9BF | Terraced | £185,000 | 4 Dec 2025 |
18, FENTON ROAD, MICKLEOVER DE3 0EN | Terraced | £168,500 | 2 Dec 2025 |
The most recent recorded sale in DE3 was a semi-detached property on Wells Road for £204,500 in January 2026. Across the last 20 sales, the median price was £285,000.