Derbyshire

Data from Land Registry, ONS, Bank of England

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Avg. price

£235,359

↑ +2.4% YoY

Affordability

6.53x

price-to-earnings

Avg. rent

N/A

Market outlook for Derbyshire

Key indicators for buyers

Prices stable+2.4% YoYRelatively stable market

Moderate6.5xImproving from 7.7x in 2023

Rates favourable3.97%2yr fixed, 75% LTV

Market quiet-6% YoYLess competition

The Derbyshire market looks favourable for buyers. Affordability has improved from a peak of 7.7x in 2023 to 6.5x today.

Price trends

Average sale prices · HM Land Registry / UK HPI

£235,359

↑ +2.4% YoY

Affordability ratio

House price ÷ median earnings · ONS data

6.53x

price-to-earnings

A home in Derbyshire costs 6.5x the local median salary — moderate, improving from a peak of 7.7x in 2023.

Monthly mortgage

2yr fixed · 75% LTV · 25yr term · BoE avg. rate

£929

per month at 3.97%

LTV

Term

Deposit (25%)

£59k

Stamp duty

£0

Based on the average Derbyshire price of £235,359 with a 25% deposit (£59k), a 2-year fixed mortgage at 3.97% costs around £929 per month.

Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions