DE23, Derby house prices & rental yield

Postcode district in Derby, part of the DE postcode area

Near a university · 4.2km from University of Derby

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Looking for a property valuation in DE23? The average asking price above is a guide for the area as a whole, not a valuation of your specific property — a local estate agent or RICS surveyor can give you an accurate figure for that.

Average asking price
£260k
UK avg £340k
Average rent (pcm)
£775
UK avg £1,275
Gross rental yield
3.6%
21% below UK avg
Net yield (estimated)
2.7%
assumes ~25% costs, excl. mortgage
Crimes reported (2026-08)
531
416% above UK avg
Short-term let activity (Derby)
#182 of 318

Summary

DE23 has a gross rental yield of 3.6%, 21% below the UK average, ranking #18 of 23 DE postcode districts by yield.

Gross yield trend

+0.6pp since Jul
Jul: 5.3% 5.3% Jul Aug: 5.8% 5.8% Aug Sep: 5.4% 5.4% Sep Oct: 6.0% 6.0% Oct

Buy-to-let calculator

Stamp Duty (SDLT)—
Deposit required—
Mortgage payment (monthly)—
Letting agent fee (monthly)—
Est. net monthly cashflow—

Estimate only, for England/Northern Ireland SDLT rates. Assumes an interest-only mortgage and doesn't account for insurance, maintenance, voids, or other running costs. Not financial advice.

DE23 by bedroom count

BedroomsAvg buyAvg rentYieldSampled
Studio £750k £725 — 1 / 19
1 £152k £540 — 4 / 56
2 £160k £912 6.8% 69 / 24
3 £260k £1,250 5.8% 102 / 27
4 £412k £1,325 3.9% 58 / 6
5+ £575k £612 1.3% 31 / 6

Nearby DE postcode districts, by yield

DistrictAvg buyAvg rentYield
DE1 £160k £800 6.0% Compare
DE3 £300k £1,425 5.7% Compare
DE14 £175k £795 5.5% Compare
DE65 £310k £1,298 5.0% Compare
DE12 £302k £1,200 4.8% Compare
DE45 £388k £1,500 4.6% Compare
DE21 £235k £885 4.5% Compare
DE56 £300k £1,100 4.4% Compare
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