Chesterfield Property Market Overview
Market town with growing regeneration agenda and affordable values relative to Sheffield
The Chesterfield property market recorded 1,185 residential sales over the past 12 months, with a median sale price of £181,500. This places Chesterfield £34k below the Derbyshire county median of £215,000, and £104k below the UK national median of £285,000.
Prices in Chesterfield have shown a moderate decline, with a year-on-year change of -2.9%. Within Derbyshire, Chesterfield ranks 7th by price out of 7 principal towns, and 4th by transaction volume.
Chesterfield House Prices by Property Type
Property prices in Chesterfield vary significantly by type. The table below compares Chesterfield prices with Derbyshire county averages and UK national figures.
| Type | Chesterfield | Derbyshire Avg | UK Avg |
|---|---|---|---|
| Detached | £315,000 | £330,000 | £420,000 |
| Semi-detached | £185,000 | £210,000 | £265,000 |
| Terraced | £140,000 | £160,000 | £230,000 |
| Flat | £120,000 | £126,000 | £225,000 |
Detached homes in Chesterfield command £315,000, while flat properties are most accessible at £120,000. The £195k spread between the most and least expensive types indicates a relatively compressed market where margins between types are tighter.
Median Price by Property Type
New Build Homes in Chesterfield
Chesterfield recorded 33 new-build transactions in the past 12 months, representing 2.8% of total sales. This indicates meaningful developer activity and proven buyer demand for new homes in the area.
New-build properties in Chesterfield traded at a premium of 61.0% versus existing stock. This premium supports the viability of new development, as buyers are willing to pay more for new homes.
Across the wider Derbyshire market, 206 new-build completions were recorded — see our Derbyshire property market report for the full county picture.
Recent Property Sales in Chesterfield
The following table shows the most recent property transactions recorded in Chesterfield, providing real-time evidence of achieved prices for buyers, sellers, and developers:
| Price | Type | Postcode | Date | Status |
|---|---|---|---|---|
| £155,000 | Semi-detached | S41 8HH | 2026-02-23 | Existing |
| £65,000 | Terraced | S43 1JU | 2026-02-20 | Existing |
| £145,000 | Terraced | S40 3NP | 2026-02-20 | Existing |
| £225,000 | Semi-detached | S41 9JU | 2026-02-20 | Existing |
| £94,000 | Semi-detached | S40 2TJ | 2026-02-18 | Existing |
These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £65,000 to £225,000 illustrates the breadth of the Chesterfield market.
Development Finance in Chesterfield
For developers considering Chesterfield, the local market data translates directly into finance structuring. With a median value of £181,500 and detached homes at £315,000, lenders can assess scheme viability with confidence.
A typical development finance facility for a Chesterfield scheme with a GDV of £315,000 would attract senior debt of approximately £204,750 at 65% LTGDV. Mezzanine finance can stretch total borrowing to 85-90% of costs, while bridging loans enable rapid site acquisitions completing in as little as 5 working days.
While prices have softened 2.9% year-on-year, experienced developers can still generate strong returns in Chesterfield by targeting well-located sites with clear demand drivers.
Ready to develop in Chesterfield? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.
Chesterfield Compared to Nearby Derbyshire Towns
To put Chesterfield's market in context, the table below compares it with similarly-priced towns across Derbyshire:
| Town | Median Price | Sales (12m) | YoY Change |
|---|---|---|---|
| Chesterfield | £181,500 | 1,185 | -2.9% |
| Ilkeston | £181,625 | 520 | +0.9% |
| Long Eaton | £205,000 | 1,271 | -2.4% |
| Belper | £215,000 | 1,398 | -6.5% |
| Swadlincote | £237,000 | 1,323 | -7% |
| Buxton | £250,000 | 1,028 | -3.8% |
For the full Derbyshire town-by-town breakdown, see our comprehensive Derbyshire property market report.
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5 min readFrequently Asked Questions
What is the average house price in Chesterfield?
The median house price in Chesterfield is £181,500, based on 1,185 transactions over the past 12 months. Detached homes average £315,000 while flat properties average £120,000.
Are house prices rising or falling in Chesterfield?
House prices in Chesterfield are falling at -2.9% year-on-year. This decline may present buying opportunities for investors and developers. The wider Derbyshire market is falling at -3.5%.
How many properties sold in Chesterfield recently?
Chesterfield recorded 1,185 residential property sales in the past 12 months. This high volume indicates a liquid, active market.
What development finance is available for projects in Chesterfield?
Developers in Chesterfield can access development finance from 6.5% p.a. at 65-70% LTGDV, mezzanine finance stretching to 85-90% of costs, bridging loans completing in 5-10 days, and development exit finance. Construction Capital sources the best terms from 100+ lenders.