# DE24 1AE Area Summary
## Property Market Overview
DE24 1AE covers an area in Derby, situated south of the city centre near Sinfin and Osmaston. With 81 properties analysed and an average price of £122,996, this postcode represents one of the more affordable areas within Derby's property market. The pricing sits well below both regional and national averages, making it particularly attractive to first-time buyers, investors seeking rental yields, and families looking for accessible homeownership opportunities in an established urban location.
## Market Character & Appeal
The area's notably affordable property values suggest a mix of older terraced housing, ex-local authority properties, and modest semi-detached homes typical of Derby's southern suburbs. This postcode district benefits from reasonable connectivity to Derby city centre and major employment areas, whilst offering practical amenities for everyday living. The sub-£125,000 average price point positions DE24 1AE as an entry-level market with potential appeal for buy-to-let investors targeting Derby's rental demand, particularly from workers at nearby industrial estates and the Royal Derby Hospital. The area represents honest, functional housing stock in an established working-class neighbourhood with scope for capital growth as Derby continues its regeneration efforts.
The average house price in DE24 1AE, Derby is £122,996. Prices range from £68,500 to £265,000.
There are 81 properties in DE24 1AE, Derby.
DE24 1AE contains 37 flat / maisonette properties, 31 terraced properties, 11 semi-detached properties, 1 other properties.
Average house prices in DE24 1AE have risen by 28% from £132,222 in 2007 to £169,250 in 2024.
DE24 1AE is located in Derby, City Of Derby, England.