Derbyshire house prices continue upward trend - but fall in Chesterfield
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The boost contributes to the longer-term trend, which has seen property prices in the area achieve 10.7% annual growth.
The average Derbyshire house price in August was £206,118, Land Registry figures show – a 1.2% increase on July.
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Hide AdOver the month, the picture was less good than that across the East Midlands, where prices increased 2.7%, and Derbyshire underperformed compared to the 2.9% rise for the UK as a whole.
In Chesterfield, house prices actually dropped slightly, by 0.5%, in August – but the drop does not reverse the longer-term trend, which has seen property prices achieve 7.3% annual growth.
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The average Chesterfield house price in August was £174,552 – a 0.5% down on July.
Over the last year, the average sale price of property in Derbyshire rose by £20,000 – putting the area 15th among the East Midlands’s 39 local authorities for annual growth.
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Hide AdThe best annual growth in the region was in South Holland, where property prices increased on average by 17.4%, to £221,000. At the other end of the scale, properties in Rushcliffe gained 4.3% in value, giving an average price of £308,000.
Owners of detached houses saw the biggest improvement in property prices in Derbyshire in August – they increased 1.5%, to £303,438.