# DE24 8NN Area Summary
## Property Market Overview
DE24 8NN covers part of the Allestree area in Derby, positioned in the northern suburbs of the city. With 75 properties analysed and an average price of £114,694, this postcode represents an affordable segment of Derby's housing market, sitting well below the national average. The relatively modest pricing suggests a mix of property types, likely including flats, terraced homes, and potentially some ex-local authority housing stock that characterises parts of this locality.
## Market Position & Appeal
The sub-£115,000 average price point makes DE24 8NN particularly accessible for first-time buyers, buy-to-let investors targeting the rental market, and those seeking affordable family accommodation within Derby. This pricing level reflects the area's position as a practical, budget-conscious choice whilst still benefiting from Allestree's proximity to Derby city centre, local amenities, and transport links. The area offers value-driven opportunities in a city that continues to attract residents due to its strong employment base, including Rolls-Royce and Toyota manufacturing, alongside growing professional services sectors. For those prioritising affordability over prestige locations, this postcode presents an entry point into Derby's northern residential areas.
The average house price in DE24 8NN, Derby is £114,694. Prices range from £59,500 to £279,144.
There are 75 properties in DE24 8NN, Derby.
DE24 8NN contains 33 semi-detached properties, 31 detached properties, 11 terraced properties.
Average house prices in DE24 8NN have risen by 276.4% from £74,163 in 2002 to £279,144 in 2024.
DE24 8NN is located in Derby, City Of Derby, England.