House Prices in Derby, City Of Derby

# Derby Property Market Summary

Derby presents an intriguing property market with substantial housing stock of over 96,000 properties and a notably modest average price of £170,004, which sits well below the UK average. The city has maintained consistent transaction volumes, typically recording between 4,500-5,800 sales annually, demonstrating sustained market activity and healthy liquidity for both buyers and sellers.

The price history reveals considerable volatility over recent years, with average transaction values peaking at £340,192 in 2018 before experiencing fluctuations through subsequent years. Prices have generally ranged between £267,000 and £340,000 since 2017, with 2024 and 2025 figures settling around £274,000-£276,000, suggesting a period of market recalibration. This volatility may reflect Derby's diverse property mix, from affordable terraced housing to higher-value suburban developments. As a significant East Midlands city with strong industrial heritage, Derby offers affordability compared to many UK urban centres, making it particularly attractive for first-time buyers and investors seeking value. The consistent sales volumes indicate steady demand underpinned by the city's employment base, including Rolls-Royce and Bombardier, alongside excellent transport links to Nottingham, Birmingham, and beyond.