# DE24 1AB Area Summary
## Property Market Overview
This Derby postcode district represents a notably affordable segment of the local property market, with 76 properties achieving an average price of £120,148—significantly below the national average. This price point positions DE24 1AB as an accessible entry point for first-time buyers and property investors seeking yield opportunities in the East Midlands market.
The area's competitive pricing reflects Derby's industrial heritage and ongoing urban regeneration efforts. Properties in this locality typically comprise a mix of terraced housing, ex-local authority flats, and Victorian-era conversions, appealing primarily to young professionals, families seeking budget-conscious options, and buy-to-let investors attracted by Derby's strong rental demand driven by Rolls-Royce, Bombardier, and Toyota manufacturing facilities. The modest average price suggests potential for capital appreciation as Derby continues its transformation from traditional manufacturing hub to a more diversified economy.
## What Makes This Area Notable
DE24 1AB benefits from Derby's excellent transport connectivity, including the nearby Derby railway station offering direct services to London St Pancras in approximately 90 minutes. The area's affordability, combined with reasonable commuting links to Nottingham, Leicester, and Birmingham, makes it particularly attractive for those priced out of more expensive Midlands locations whilst still requiring good transport infrastructure.
The average house price in DE24 1AB, Derby is £120,148. Prices range from £40,000 to £250,000.
There are 76 properties in DE24 1AB, Derby.
DE24 1AB contains 49 flat / maisonette properties, 14 terraced properties, 8 semi-detached properties, 3 detached properties.
Average house prices in DE24 1AB have risen by 24% from £124,995 in 2006 to £155,000 in 2025.
DE24 1AB is located in Derby, City Of Derby, England.