Why house-hunters are heading to Derbyshire
You don’t get much further from the seaside than Derbyshire, a county landlocked at the heart of England. During lockdowns house-hunters simply couldn’t get enough of coastal property, and prices in Wales and the West Country boomed. But three years after the start of the pandemic, a new property powerhouse is emerging. According to the latest UK House Price Index, prices in North East Derbyshire are up by almost 20 per cent year on year, to £259,000. Across the way, prices in the Derbyshire Dales are up 18 per cent year on year, to an average of £362,000. This performance would be impressive in a strong economy, never mind against the backdrop of rising interest rates and
