# DE55 3BT Area Summary
## Property Market Overview
The DE55 3BT postcode falls within South Normanton, a former mining village in Derbyshire situated between Alfreton and Mansfield. With 61 properties recorded and an average price of £109,942, this area represents exceptional value in the UK property market, sitting well below both regional and national averages. The pricing reflects the area's working-class heritage and its position as an affordable option for first-time buyers, families seeking budget-friendly housing, and buy-to-let investors targeting the lower end of the rental market.
## What Makes This Area Notable
South Normanton's primary appeal lies in its affordability and practical location for commuters. The area benefits from proximity to the M1 motorway (Junction 28), providing excellent road links to Nottingham, Derby, and Sheffield, making it particularly attractive to those seeking lower-cost housing whilst maintaining access to employment centres. The former coal mining community has evolved into a residential area with local amenities, schools, and shopping facilities. Whilst it may lack the charm of more affluent Derbyshire villages, the postcode offers genuine affordability in an increasingly expensive property market, with prices that enable property ownership for buyers who might otherwise be priced out elsewhere in the East Midlands.
The average house price in DE55 3BT, Alfreton is £109,942. Prices range from £27,000 to £186,950.
There are 61 properties in DE55 3BT, Alfreton.
DE55 3BT contains 32 detached properties, 17 semi-detached properties, 12 terraced properties.
Average house prices in DE55 3BT have risen by 88% from £57,659 in 2001 to £108,375 in 2024.
DE55 3BT is located in Alfreton, Derbyshire, England.