Local market reports › S area › S40 › S40 2
Town Centre market report S40 2, Chesterfield
The standing S40 2 (Town Centre) property market report, rebuilt from the full public record every month. Everything below comes from 4,840 sales recorded by HM Land Registry in S40 2 (Chesterfield) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: a typical S40 2 (Chesterfield) home changed hands for £152,000 in 2026 (median of 52 registered sales, up 3% on five years earlier), with the mean at £170,500, and by floor area homes here have averaged about £2,160 per square metre over the last five years. Source: 4,840 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
S40 2 is one sector of S40 (Chesterfield): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where S40 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.
Today's S40 2 prices, from the sold record
In the S40 2 property market, the 2026 median sale price is £152,000, from 52 registered sales; the mean, the "average house price" most sites quote, is £170,500, sitting modestly above it, the usual shape of a market with an expensive tail.
House prices per square metre in S40 2
The last five years of sales put S40 2 at roughly £2,160 per square metre. That figure, built from each sale's Energy Performance Certificate floor area, is the one that makes a small flat and a big house comparable.
The national median for England and Wales is £285,000, which puts S40 2 47% below the country at large.
A typical S40 2 home, priced year by year (1995 to 2026)
Two lines: the median in the money of its day, and the same years restated by ONS CPIH into today's money, which is the truer test of getting dearer. Hover for exact figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £152,000 | £152,000 | 52 |
| 2025 | £150,000 | £153,587 | 144 |
| 2024 | £159,000 | £169,050 | 114 |
| 2023 | £140,000 | £153,826 | 131 |
| 2022 | £152,500 | £178,824 | 182 |
| 2021 | £148,000 | £187,387 | 179 |
| 2020 | £131,800 | £171,013 | 112 |
| 2019 | £128,000 | £167,777 | 144 |
| 2018 | £118,000 | £157,296 | 137 |
| 2017 | £123,000 | £167,760 | 171 |
| 2016 | £122,500 | £171,379 | 156 |
| 2015 | £124,800 | £176,342 | 143 |
| 2014 | £118,000 | £167,404 | 146 |
| 2013 | £120,000 | £172,668 | 150 |
| 2012 | £116,000 | £170,738 | 151 |
| 2011 | £110,000 | £166,058 | 132 |
| 2010 | £100,200 | £157,139 | 100 |
| 2009 | £90,500 | £145,480 | 130 |
| 2008 | £122,500 | £200,803 | 145 |
| 2007 | £127,400 | £216,106 | 279 |
| 2006 | £114,500 | £198,757 | 259 |
| 2005 | £89,000 | £158,384 | 135 |
| 2004 | £80,500 | £146,204 | 154 |
| 2003 | £68,000 | £125,272 | 197 |
| 2002 | £51,500 | £96,897 | 213 |
| 2001 | £47,000 | £90,355 | 175 |
| 2000 | £41,800 | £82,033 | 164 |
| 1999 | £37,000 | £73,739 | 143 |
| 1998 | £34,000 | £68,631 | 146 |
| 1997 | £35,000 | £71,778 | 126 |
| 1996 | £33,000 | £69,596 | 133 |
| 1995 | £32,000 | £69,563 | 97 |
In cash terms the typical S40 2 home went from £32,000 in 1995 to £152,000 in 2026, roughly 5 times the price. Inflation explains only part of it: in today's money the rise is still about 119%, a genuine increase in what a home here costs. In inflation-adjusted terms the high-water mark was 2007. The market now sits about 30% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the S40 2 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2003 (+32.0% on the year before); the weakest, 2009 (−26.1%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What S40 2 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +1.3% | −1.0% |
| 5 years (since 2021) | +0.5% | −4.1% |
| 10 years (since 2016) | +2.2% | −1.2% |
| 20 years (since 2006) | +1.4% | −1.3% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
The turnover behind the prices
The year-by-year sales count
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
The register shows 52 S40 2 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 197 sales a year before the financial crisis and 125 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
The shape of the S40 2 market
This is a thin market: 52 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. Within S40, this sector trades 23% below the district median: one of its district's cheaper corners.
What tenants pay around S40 2
For renting purposes S40 2 sits in Chesterfield. The ONS average private rent there is £738 a month (May 2026). The spread runs from £527 a month for a typical one-bed to £1,141 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Chesterfield
ONS Price Index of Private Rents, May 2026.
Set against the £152,000 median sold price, £738 a month is £8,856 a year, a gross yield of 5.8%: 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.
Asked and answered: S40 2 (Town Centre)
Are property prices falling in S40 2 (Town Centre)?
Is S40 2 (Town Centre) a good place to buy a house?
How much did a house sell for in S40 2 (Town Centre)?
Will S40 2 prices rise from here?
The record answers a different question than "what happens next": the median is up 3% over five years in cash but down 19% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
On the market in S40 today
The live side of the market holds 92 homes at the moment, listed by 8 agents publishing to HomesIndex.
These cover the whole S40 district, not just S40 2: live asking prices are collected per district.
Of everything listed here, 30% asks less than the sold record of comparable homes. The comparison behind each listing uses recent recorded sales of similar homes close by.
- Derby Road, Chesterfield, S40 2EP, Chesterfield
- Heath Court, St. Augustines Crescent, Chesterfield, S40 2SE, Chesterfield
- Broadgorse Close, Grangewood, Chesterfield, S40 2LB, Chesterfield
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every S40 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
What another bedroom costs in S
The Land Registry record, split by size: what each kind of home actually sold for across the S area. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £235,000 | £330,000 (+40%) | £495,000 (+50%) | £750,000 (+52%) |
| Semi-detached | £160,000 | £175,000 (+9%) | £220,000 (+26%) | £321,000 (+46%) | £550,000 (+71%) |
| Terraced | £132,000 | £140,000 (+6%) | £175,000 (+25%) | £256,500 (+47%) | £350,000 (+36%) |
| Flat | £120,000 | £148,000 (+23%) | £265,000 (+79%) | £461,750 (+74%) | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the S area is the point: the same five years treated these districts very differently.
S area districts: five years of change
The biggest risers and fallers in cash terms; every row links to that district's report.
Other sectors in S40
Sector boundaries hide real price steps. The rest of S40, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| S40 1 | £162,000 | 27 |
| S40 3 | £309,500 | 70 |
| S40 4 | £194,000 | 84 |
Zoom out to the full S40 district report for the type split, monthly volumes and how S40 compares with its neighbours.
Thinking of selling in S40 2? Get a rough value first
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in S40 2, open the average prices map and zoom from the S40 2 shading down to the sold homes on your own street. Every recorded S40 2 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Estate agents working S40 2: the featured spot on this report is free for founding agents, one per district. Claim S40 2.
Go deeper
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about S40 2. Free, with a one click sign in.
The live map plots every individual S40 2 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator 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.