House prices in DE72 3 (Borrowash)

This article reveals price per square metre data and various charts to help you understand current housing market in 'DE72 3' (Borrowash) - statistics were last calculated on 04 October 2024.


Defining 'DE72 3'

This analysis is limited to properties whose postcode starts with "DE72 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 Borrowash.

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 metre

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

£ per sqm = price ÷ internal area
E.g. 49, Central Avenue, Borrowash, sold for £180,000 on Jun-2024. Given the internal area of 80 square metres, the price per sqm is £2,250.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £3,800-£4,000, £4,000-£4,200, £4,200-£4,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 325 sales in Borrowash (DE72 3) that took place in the last two years.

Distribution of £ per sqm for Borrowash
Distribution of £ per sqm house prices in Borrowash

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 Borrowash (DE72 3). Of the 325 transactions, half were sold for between £2,500 and £3,690 per square metre. The median, or 'middle', price per square metre in 'DE72 3' is £3,020. Notably, only 25% of properties that sold recently were valued at more than £3,690 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Borrowash

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 Borrowash. 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 Borrowash
House price heatmap for Borrowash

Comparison with neighbouring postcode sectors

The table below shows how 'DE72 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
DE72 2 Aston On Trent £2,890 sqm £3,500 sqm £4,090 sqm
DE72 3 Borrowash £2,500 sqm £3,020 sqm £3,690 sqm

Will Borrowash 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 DE72 3 (Borrowash) compared with both the wider area DE72 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 metre in Borrowash,Borrowash
House price trends for Borrowash

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 DE72 3 sales
Recent trends for Borrowash

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 Borrowash 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 Borrowash 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 £sqm Recent sales
Cowslip Meadow, Borrowash, DE72 3X 65 sqm £2,180 25
Nottingham Road, Borrowash, DE72 3F 99 sqm £2,897 25
Longmoor Lane, Borrowash, DE72 3B 97 sqm £3,208 23
Stevens Lane, Borrowash, DE72 3B 81 sqm £3,342 17
Pares Way, Borrowash, DE72 3T 95 sqm £3,281 17
Victoria Avenue, Borrowash, DE72 3H 82 sqm £2,741 16
Town End Road, Borrowash, DE72 3P 75 sqm £1,918 16
Manor Road, Borrowash, DE72 3L 106 sqm £2,713 15

Search for your street here.

Raw data

Our analysis of Borrowash 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 sqm £/sqm
49, Central Avenue, Borrowash £180,000
Jun-2024
80 2,250
20, Nottingham Rd, Borrowash £160,000
Jun-2024
66 2,424
8, Lodge St, Borrowash £180,000
Jun-2024
56 3,214

See the entire list of all sales in Borrowash (DE72 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.