Here's what's happened to Derbyshire house prices since the coronavirus lockdown started in March

New figures from the Land Registry show house prices in Derbyshire have increased since the coronavirus lockdown was imposed back in March.

Friday, 22nd May 2020, 11:13 am

The biggest rise in the county was in Derbyshire Dales were prices rose by 11.8 per cent to an average price of £295,972 – an increase of £19,000.

Amber Valley was the next best with a 5.6 per cent rise to an average price of £187,563 – an increase of £15,000.

House prices in High Peak rose four per cent to an average of £210,296, adding £15,000 to the value of properties.

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House prices have risen across Derbyshire since lockdown began. Photo: Peter Macdiarmid/Getty Images

In Chesterfield, prices rose by three per cent to an average of £164,355, an increase of £12,000, while in Erewash, prices rose by 1.7 per cent to an average of £167,392 – an increase of £5,100.

Across all areas, owners of detached houses were the biggest winners with the largest overall increase in property prices.

But owners of semi-detached and terraced properties and flats have also all seen the value of their properties rise since lockdown began.

In terms of overall growth, Amber Valley saw the highest rate in the county at nine per cent, followed by Chesterfield at 7.6 per cent, High Peak at 7.4 per cent, Derbyshire Dales at 6.8 per cent and Erewash at 3.1 per cent.

For first-time buyers, Chesterfield has the lowest average price at £​139,300 – ​£9,700 more than a year ago.

The smallest price rise for first-time buyers was in Erewash where the average price climbed just £4,700 to £150,000.

At the other end of the scale, the highest rise was in Derbyshire Dales where first-time buyers paid, on average, £245,000 – an increase of £15,000.

In Amber Valley, average prices for first-time buyers rose £13,000 to £162,000, while in High Peak, they rose £12,000 to £172,000.