House hunters in Derby and the wider UK may well find the property market to be a daunting, potentially volatile sector to understand.
A new property report has been released that ranks all neighbourhoods in Derby in the Derbyshire region.
The listing is based on property price reduction over a yearly period.
This means the ranking could be a starting point for house hunters who are exploring a move to Derby.
Online Marketing Surgery and BLG Development Finance created a House Price Change Report, which helped rank neighbourhoods in Derby based on their house price percentage change from September 2023 to September 2024.
Prices detailed are median property prices and the percentage decrease from September 2023 to September 2024.
Here are the top 10 neighbourhoods in Derby with the highest decrease in property prices.
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9. Breadsall Hilltop
Property price in September 2023 was £175,000. Property price in September 2024 was £170,000. Percentage decrease is 2.9%. | Google
10. Chaddesden West
Property price in September 2023 was £165,000. Property price in September 2024 was £162,750 Percentage decrease is 1.4%. | Google