# Derby (DE23) Property Market Analysis DE23 in East Midlands shows moderate long-term performance with a trajectory score of 55.1/100, placing it in the 78th percentile nationally. Property prices have grown at 2.2% compound annual growth rate over five years, whilst rental yields have outpaced capital appreciation with 5.8% CAGR, suggesting investor interest in the buy-to-let sector. Population growth of 2.6% over the same period indicates steady demographic demand. The district currently sits in early-stage gentrification, meaning underlying infrastructure and amenities remain in transition. These characteristics present a mixed market picture where rental returns currently exceed price appreciation, relevant for investors evaluating income-focused strategies against capital growth potential.
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See plans from £20/moKey signals
- 1Property prices up 1.7% over 5 years (5yr CAGR)
- 2Rents growing at 5.8% per year
- 3Population growing at 2.6% per year
Nearby districts
Derby (DE23) common questions
Is Derby up and coming?
Praesago's gentrification model currently classifies Derby (DE23) as Early. Its trajectory score is 55/100 (Strong), in the top 23% of districts nationally. The score is down 7.7 points over the last 12 months.
Is Derby safe?
Derby has a safety score of 33/100 on Praesago's index, based on police.uk recorded crime data.
What is the average house price in Derby?
The average property price in Derby (DE23) is £199k as of January 2026, based on UK House Price Index data. Prices have grown at 1.7% per year over the last five years.
What is the average rent in Derby?
The median monthly rent in Derby (DE23) is £861 (2026), based on ONS private rental data.
Which areas are near Derby?
Neighbouring postcode districts include Derby (DE3), Ashby-De-La-Zouch (LE65), Derby (DE1), Derby (DE24), Derby (DE22). Each has its own monthly data page on Praesago.
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Disclaimer: Praesago provides data analytics and market intelligence. Nothing on this platform constitutes financial advice, investment advice, or a personal recommendation. Property values can fall as well as rise. Past performance does not predict future results. Seek independent financial and legal advice before making property investment decisions.