House prices in DE45 1 (Bakewell)

This article reveals price per square foot data and various charts to help you understand current housing market in 'DE45 1' (Bakewell) - statistics were last calculated on 30 June 2024.


Defining 'DE45 1'

This analysis is limited to properties whose postcode starts with "DE45 1", 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 Bakewell.

You can click on the map labels to change to a neighbouring 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 Bakewell 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. Rainbow End, Ashford Lane, Bakewell, sold for £430,000 on May-2024. Given the internal area of 1,765 square feet, the price per sqft is £243.

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. £436-£464, £464-£492, £492-£520 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 194 sales in Bakewell (DE45 1) that took place in the last two years.

Distribution of £ per sqft for Bakewell
Distribution of £ per sqft house prices in Bakewell

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 Bakewell (DE45 1). Of the 194 transactions, half were sold for between £314 and £471 per square foot. The median, or 'middle', price per square foot in 'DE45 1' is £385. Notably, only 25% of properties that sold recently were valued at more than £471 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 Bakewell

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 Bakewell. 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 Bakewell
House price heatmap for Bakewell

Comparison with neighbouring postcode sectors

The table below shows how 'DE45 1' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
DE45 1 Bakewell £314 sqft £385 sqft £471 sqft

Will Bakewell 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 DE45 1 (Bakewell) compared with both the wider area DE45 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 Bakewell,Bakewell
House price trends for Bakewell

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 DE45 1 sales
Recent trends for Bakewell

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 Bakewell 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 Bakewell 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
Calver Road, Bakewell, DE45 1R 0 sqft £375 13
Buxton Road, Bakewell, DE45 1D 775 sqft £297 12
Main Street, Bakewell, DE45 1T 0 sqft £397 11
Baslow Road, Bakewell, DE45 1A 0 sqft £333 9
Church Street, Bakewell, DE45 1J 0 sqft £346 8
Riverside Crescent, Bakewell, DE45 1H 0 sqft £441 8
North Church Street, Bakewell, DE45 1D 0 sqft £397 7
Castle Drive, Bakewell, DE45 1A 0 sqft £413 7

Search for your street here.

Raw data

Our analysis of Bakewell 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
Rainbow End, Ashford Lane, Bakewell £430,000
May-2024
1,765 243
The Old Forge, Calver Rd, Bakewell £950,000
Apr-2024
2,507 378
8, Riverside Crescent, Bakewell £285,000
Apr-2024
764 372

See the entire list of all sales in Bakewell (DE45 1) 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.