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DE23 2 local market report Derby

Every figure on this page comes from the public record: 1,221 sales registered with HM Land Registry in DE23 2 (Derby) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.

Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

DE23 2 is a postcode sector: one group of streets inside DE23 (Derby). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.

Where DE23 2 sits

Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.

£192,500median sold price, 2026
+17%five-year change (cash)
4sales in the last 12 months
5.3%gross rental yield (est.)

What a home in DE23 2 sells for

The 2026 median in DE23 2 is £192,500, from 4 registered sales; the mean, £204,600, sits modestly above it, the usual shape of a market with an expensive tail.

For scale: the England and Wales median is £273,500, so DE23 2 trades 30% below the country as a whole.

The price of a typical DE23 2 home, 1995 to 2026

The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.

Price at the timeIn today's money (CPIH)
£63k£125k£188k£250k1995200020052010201520202026 1995: £50,900 at the time · £108,065 in today's money · 29 sales1996: £53,000 at the time · £109,164 in today's money · 40 sales1997: £73,500 at the time · £147,213 in today's money · 65 sales1998: £80,000 at the time · £157,714 in today's money · 51 sales1999: £80,000 at the time · £155,712 in today's money · 51 sales2000: £55,000 at the time · £105,417 in today's money · 41 sales2001: £65,000 at the time · £122,041 in today's money · 44 sales2002: £69,000 at the time · £126,791 in today's money · 50 sales2003: £91,500 at the time · £164,628 in today's money · 49 sales2004: £106,000 at the time · £188,021 in today's money · 50 sales2005: £115,000 at the time · £199,874 in today's money · 30 sales2006: £134,500 at the time · £228,022 in today's money · 40 sales2007: £139,700 at the time · £231,436 in today's money · 38 sales2008: £131,500 at the time · £210,522 in today's money · 12 sales2009: £110,000 at the time · £172,696 in today's money · 27 sales2010: £120,000 at the time · £183,796 in today's money · 41 sales2011: £113,000 at the time · £166,603 in today's money · 35 sales2012: £115,000 at the time · £165,313 in today's money · 21 sales2013: £117,000 at the time · £164,420 in today's money · 41 sales2014: £112,500 at the time · £155,873 in today's money · 29 sales2015: £121,000 at the time · £166,980 in today's money · 31 sales2016: £132,500 at the time · £181,040 in today's money · 32 sales2017: £135,000 at the time · £179,826 in today's money · 49 sales2018: £160,000 at the time · £208,302 in today's money · 51 sales2019: £138,000 at the time · £176,660 in today's money · 39 sales2020: £142,000 at the time · £179,945 in today's money · 30 sales2021: £165,000 at the time · £204,032 in today's money · 33 sales2022: £175,500 at the time · £200,988 in today's money · 38 sales2023: £182,500 at the time · £195,840 in today's money · 52 sales2024: £180,800 at the time · £187,738 in today's money · 44 sales2025: £192,500 at the time · £192,500 in today's money · 34 sales2026: £192,500 at the time · £192,500 in today's money · 4 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£192,500£192,5004
2025£192,500£192,50034
2024£180,800£187,73844
2023£182,500£195,84052
2022£175,500£200,98838
2021£165,000£204,03233
2020£142,000£179,94530
2019£138,000£176,66039
2018£160,000£208,30251
2017£135,000£179,82649
2016£132,500£181,04032
2015£121,000£166,98031
2014£112,500£155,87329
2013£117,000£164,42041
2012£115,000£165,31321
2011£113,000£166,60335
2010£120,000£183,79641
2009£110,000£172,69627
2008£131,500£210,52212
2007£139,700£231,43638
2006£134,500£228,02240
2005£115,000£199,87430
2004£106,000£188,02150
2003£91,500£164,62849
2002£69,000£126,79150
2001£65,000£122,04144
2000£55,000£105,41741
1999£80,000£155,71251
1998£80,000£157,71451
1997£73,500£147,21365
1996£53,000£109,16440
1995£50,900£108,06529

In cash terms the typical DE23 2 home went from £50,900 in 1995 to £192,500 in 2026, roughly 3.8 times the price. Even after inflation that is a real rise of about 78%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2007; the current median sits about 17% below that. Someone who bought at the 2007 peak has not yet seen that price back in real terms.

Year-on-year change in the DE23 2 median

Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.

+50% -50% 0% 1996 · +4.1% on the year before1997 · +38.7% on the year before1998 · +8.8% on the year before1999 · +0.0% on the year before2000 · −31.3% on the year before2001 · +18.2% on the year before2002 · +6.2% on the year before2003 · +32.6% on the year before2004 · +15.8% on the year before2005 · +8.5% on the year before2006 · +17.0% on the year before2007 · +3.9% on the year before2008 · −5.9% on the year before2009 · −16.3% on the year before2010 · +9.1% on the year before2011 · −5.8% on the year before2012 · +1.8% on the year before2013 · +1.7% on the year before2014 · −3.8% on the year before2015 · +7.6% on the year before2016 · +9.5% on the year before2017 · +1.9% on the year before2018 · +18.5% on the year before2019 · −13.8% on the year before2020 · +2.9% on the year before2021 · +16.2% on the year before2022 · +6.4% on the year before2023 · +4.0% on the year before2024 · −0.9% on the year before2025 · +6.5% on the year before2026 · +0.0% on the year before200020052010201520202026

The strongest year on record here is 1997 (+38.7% on the year before); the weakest, 2000 (−31.3%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

Annualised returns

PeriodCash, per yearReal terms, per year
1 years (since 2025)0.0%0.0%
5 years (since 2021)+3.1%−1.2%
10 years (since 2016)+3.8%+0.6%
20 years (since 2006)+1.8%−0.8%

Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.

Transaction volumes

How many homes change hands

Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.

50100 1995: 29 sales1996: 40 sales1997: 65 sales1998: 51 sales1999: 51 sales2000: 41 sales2001: 44 sales2002: 50 sales2003: 49 sales2004: 50 sales2005: 30 sales2006: 40 sales2007: 38 sales2008: 12 sales2009: 27 sales2010: 41 sales2011: 35 sales2012: 21 sales2013: 41 sales2014: 29 sales2015: 31 sales2016: 32 sales2017: 49 sales2018: 51 sales2019: 39 sales2020: 30 sales2021: 33 sales2022: 38 sales2023: 52 sales2024: 44 sales2025: 34 sales2026: 4 sales1995200020052010201520202026

DE23 2 recorded 4 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 43 sales a year before the financial crisis and 34 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.

What homes rent for around DE23 2

DE23 2 falls under Derby, where the ONS puts the average private rent at £852 a month (May 2026 figures). A one-bed averages £602 a month here and a four-or-more-bed £1,291, so size does most of the work in setting the rent.

Average monthly rent by size, Derby

ONS Price Index of Private Rents, May 2026.

1 bed: £602 a month£6021 bed2 bed: £770 a month£7702 bed3 bed: £927 a month£9273 bed4+ bed: £1,291 a month£1,2914+ bed

Set against the £192,500 median sold price, £852 a month is £10,224 a year, a gross yield of 5.3%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.

Will DE23 2 prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 17% over five years in cash but down 6% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.

The risers and the fallers

The spread across the DE area is the point: the same five years treated these districts very differently.

Other street groups in DE23

Prices can differ sharply between two sectors a few minutes' walk apart. The rest of DE23, each linking to its own report:

SectorMedian (latest)Sales that year
DE23 1£244,00020
DE23 3£280,00030
DE23 4£320,0006
DE23 6£240,00045
DE23 8£128,50036

Zoom out to the full DE23 district report for the type split, monthly volumes and how DE23 compares with its neighbours.

Dig further

Answers come from the same Land Registry data behind this report, and the AI knows you are asking about DE23 2. Free, with a one click sign in.

See every individual DE23 2 sale on the live map, mapped to the exact address, or the quick-reference DE23 2 price page. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.

How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.

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