House prices in DE56 1 (Belper)

This article reveals price per square foot data and various charts to help you understand current housing market in 'DE56 1' (Belper) - statistics were last calculated on 30 August 2024.


Defining 'DE56 1'

This analysis is limited to properties whose postcode starts with "DE56 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 Belper.

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 Belper 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. 27, Cedar Grove, Belper, sold for £182,000 on Jul-2024. Given the internal area of 602 square feet, the price per sqft is £301.

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. £260-£278, £278-£297, £297-£315 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 342 sales in Belper (DE56 1) that took place in the last two years.

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

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 Belper (DE56 1). Of the 342 transactions, half were sold for between £235 and £316 per square foot. The median, or 'middle', price per square foot in 'DE56 1' is £273. Notably, only 25% of properties that sold recently were valued at more than £316 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 Belper

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 Belper. 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 Belper
House price heatmap for Belper

Comparison with neighbouring postcode sectors

The table below shows how 'DE56 1' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
DE56 2 Heage £248 sqft £294 sqft £360 sqft
DE56 0 Kilburn £247 sqft £293 sqft £331 sqft
DE56 4 Duffield £290 sqft £346 sqft £411 sqft
DE56 1 Belper £235 sqft £273 sqft £316 sqft

Will Belper 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 DE56 1 (Belper) compared with both the wider area DE56 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 Belper,Belper
House price trends for Belper

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 DE56 1 sales
Recent trends for Belper

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 Belper 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 Belper 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
Nottingham Road, Belper, DE56 1J 0 sqft £235 41
Far Laund, Belper, DE56 1F 0 sqft £286 26
Spencer Road, Belper, DE56 1J 0 sqft £293 25
Bridge Street, Belper, DE56 1H 581 sqft £209 23
Kedleston Close, Belper, DE56 1T 613 sqft £244 21
Mill Lane, Belper, DE56 1L 828 sqft £257 18
Marsh Lane, Belper, DE56 1G 968 sqft £257 18
Parkside, Belper, DE56 1H 785 sqft £281 16

Search for your street here.

Raw data

Our analysis of Belper 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
27, Cedar Grove, Belper £182,000
Jul-2024
602 301
9, Campbell St, Belper £215,000
Jul-2024
936 229
179, Nottingham Rd, Belper £257,000
Jul-2024
1,076 238

See the entire list of all sales in Belper (DE56 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.