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Discovering Derby
Derby is a city with layers of history, modern convenience and an atmosphere that feels like home. This place is more than just a spot on the map. It is a growing community with fresh opportunities.
Especially for those eyeing up newly built homes. If you are curious about Derby’s housing scene then let us look closer. And look at what is happening. Where it is heading and why Derby could be the right spot for your next move.
Derby: A Blend of Heritage and Modernity
Derby is unique for many reasons. It is a lovely combination of old-world elegance and forward vigour.
Seeing sites like Derby Museum and Derby Cathedral reveals that this is a place that honours its roots while still constantly developing. Over the years Derby has become a prime location for new developments. This makes the property market here a fascinating place to explore.
From the green spaces at Darley Park to the lively energy of the high street shops. The city offers a lot more than just beautiful sights. New developments around the city centre and nearby areas are going on rapidly.
These areas include Osmaston and the River Gardens. They are transforming the property landscape. It provides everything from cosy apartments to spacious 4-bedroom homes.
It is an ideal time to explore Derby’s housing market. Especially with the excellent transport links that make commuting to surrounding areas a breeze.
New Homes on the Rise: Opportunities for Modern Living
Derby’s property scene is on the upswing. A wide selection of new build homes popping up across the city. Here you can opt for a sleek and energy efficient flat in the city centre or something spacious.
Derby has options that might catch your eye. Housing developments around Elvaston Castle Country Park and the Derby Arboretum are particularly popular. Especially for those who want to enjoy green open space while being close to the action.
One of Derby’s strong points is its accessibility. East Midlands Airport just a quick drive away and great rail links to major cities. With these you are never too far from where you need to be.
Derby presents a variety of contemporary houses to suit different tastes. Starting with the little and handy to more roomy multi-bedroom homes. Those who want both flair and substance will find those ideals.
Whether it’s the dynamic energy of Derby’s central city area or the rural attraction. This place has something for everyone.
If you are considering making a move. Derby’s new builds could be exactly what you are looking for. A blend of comfort with convenience and charm. All right here in the heart of Derbyshire.
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Derby newly built property prices
The graph below illustrates a comparison of average property prices. This is between newly built and established homes in Derby from October 2023 to September 2024.
The data reveals certain facts. It states that newly constructed homes command a significantly higher average price compared to their established counterparts.
Source: https://www.plumplot.co.uk/Derby-new-home-prices.html
As shown, the average price of a newly built property in Derby is £300,000,
The average price for an established property is £244,000.
This represents a substantial 23% difference. The newly built homes priced £56,000 higher on average.
This trend can be attributed to several factors typically associated with new builds. This includes modern construction standards and energy efficient features plus warranties.
These all are appealing to the potential tenants. Contemporary design features are often used in new homes. They also have smart home features and floor plans that are made just for you. More people want these. Especially among young families and workers today.
The rise in desire for new homes may also be a sign of the trend in Derby’s housing market as a whole. Population growth and housing shortages could be driving up property prices overall.
New developments are often situated in emerging neighbourhoods or regeneration areas. They further add to their appeal. This is due to proximity to new amenities plus schools and transport links. All these are attractive to prospective homeowners.
In short the Derby housing market data underscores the value placed on newly constructed properties. They reflect both the desirability of modern amenities and the market’s current dynamics.
Derby new home sales share by price range
Source: https://www.plumplot.co.uk/Derby-new-home-prices.html
Here we have listed the various property price ranges with their market share and sales volume.
| Property price range | Market share | Sales volume |
|---|---|---|
| £100k-£150k | 4.0% | 10 |
| £150k-£200k | 14.7% | 37 |
| £200k-£250k | 21.9% | 55 |
| £250k-£300k | 20.7% | 52 |
| £300k-£400k | 25.5% | 64 |
| £400k-£500k | 6.8% | 17 |
| £500k-£750k | 5.2% | 13 |
| £750k-£1M | 1.2% | 3 |
Best Areas to Invest In Derby
City Centre (DE1 1)
Derby’s city centre is in the midst of a transformation. All thanks to projects like the Becketwell Regeneration and the Market Hall revamp. It is a prime area for those seeking high rental yields and strong potential for property appreciation. The city centre is set to become a cultural and social hub.
It has a mix of historic sites like Derby Cathedral and Derby Museum along with new developments. The area offers a modern blend of green open spaces plus local amenities and high street shops.
These all are within walking distance. Great transport links mean quick access to East Midlands Airport and the surrounding areas. This makes the city centre an attractive spot for long-term growth.
Derby Silk Mill (DE1 3AF)
This place is famous for being important in history. The Derby Silk Mill area is undergoing redevelopment to blend residential and cultural spaces. It is located near the River Gardens and Darley Park.
It offers a unique investment opportunity in an area rich with heritage. This blend of the old and new adds appeal for those who value character along with modern living conveniences.
You might also want to look at the number DE23. This area has good business opportunities at reasonable prices that could grow. It gains from having a strong economy.
Big companies like Rolls-Royce and Toyota also offer stable job chances. Real estate prices here are still pretty low, which is great for buyers who want to find good deals.
It’s also easy to get to DE23, and there are many services and amenities in the area. This group includes shops, bars, parks, and places to relax, like Osmaston Park. A lot of different types of people like this area because it is both affordable and easy to get to.
As real estate advisors, we think you should choose homes in this area. You can opt for this luxurious property known as the “Osmaston Mill.”
£646 pcm
250 Years
Off-Plan
Q4 2025
Osmaston Mill is situated in the heart of Derby. It is a distinguished Victorian Mill transformed into 70 luxury one and two bedroom apartments. Known as Osmaston Works, the site reflects the area’s historical significance in manufacturing. All houses at Osmaston Mill have been thoughtfully designed. They aim to accommodate the different aspects of everyday life.
Find more details about this property here.