House prices in DE24 3 (Stenson Fields)

This article reveals price per square foot data and various charts to help you understand current housing market in 'DE24 3' (Stenson Fields, Alvaston) - statistics were last calculated on 30 August 2024.


Defining 'DE24 3'

This analysis is limited to properties whose postcode starts with "DE24 3", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Stenson Fields.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square foot

Knowing the average house price in Stenson Fields is not much use. However, knowing average price per square foot can be quite useful. Price per sqft allows some comparison between properties of different size. We define price per square foot as the sold price divided by the internal area of a property:

£ per sqft = price ÷ internal area
E.g. 33, Gairloch Close, Stenson Fields, Alvaston, sold for £165,000 on Jun-2024. Given the internal area of 645 square feet, the price per sqft is £255.

England & Wales have been officially metric for many decades. Convert this site to square meters.

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £218-£232, £232-£246, £246-£260 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 162 sales in Stenson Fields (DE24 3) that took place in the last two years.

Distribution of £ per sqft for Stenson Fields, Alvaston
Distribution of £ per sqft house prices in Stenson Fields

Generate a custom chart like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Stenson Fields (DE24 3). Of the 162 transactions, half were sold for between £238 and £290 per square foot. The median, or 'middle', price per square foot in 'DE24 3' is £266. Notably, only 25% of properties that sold recently were valued at more than £290 sqft. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Stenson Fields, Alvaston

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Alvaston. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for Stenson Fields
House price heatmap for Stenson Fields, Alvaston

Comparison with neighbouring postcode sectors

The table below shows how 'DE24 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
DE24 0 Alvaston £203 sqft £228 sqft £267 sqft
DE24 1 Derby £173 sqft £190 sqft £228 sqft
DE24 3 Stenson Fields £238 sqft £266 sqft £290 sqft
DE24 8 Alvaston £153 sqft £177 sqft £205 sqft
DE24 9 Sinfin £183 sqft £217 sqft £256 sqft
DE24 5 Boulton Moor £235 sqft £263 sqft £282 sqft

Will Alvaston house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for DE24 3 (Stenson Fields) compared with both the wider area DE24 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square foot in Stenson Fields,Alvaston
House price trends for Stenson Fields

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent DE24 3 sales
Recent trends for Stenson Fields

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Alvaston to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Alvaston and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street Avg size Avg £sqft Recent sales
Earls Drive, Stenson Fields, DE24 3F 893 sqft £235 16
Michelle Close, Stenson Fields, DE24 3L 505 sqft £232 13
Pilgrims Way, Stenson Fields, DE24 3J 742 sqft £243 13
Hobkirk Drive, Stenson Fields, DE24 3D 731 sqft £271 11
Gairloch Close, Stenson Fields, DE24 3A 667 sqft £271 9
Merevale Way, Stenson Fields, DE24 3B 0 sqft £247 9
Outram Way, Stenson Fields, DE24 3E 839 sqft £229 8
Harthill Road, Stenson Fields, DE24 3G 775 sqft £233 8

Search for your street here.

Raw data

Our analysis of Stenson Fields is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid sqft £/sqft
33, Gairloch Close, Stenson Fields, Alvaston £165,000
Jun-2024
645 255
27, Holderness Close, Stenson Fields, Alvaston £150,000
Jun-2024
505 296
12, Sallywood Close, Stenson Fields, Alvaston £143,000
Jun-2024
516 276

See the entire list of all sales in Stenson Fields (DE24 3) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.