Chesterfield Property Market: House Prices, Sold Data & Development Finance, End of H1 2026

Market town with growing regeneration agenda and affordable values relative to Sheffield

The Chesterfield property market recorded 1,238 residential sales over the past 12 months, with a median sale price of £185,000. This places Chesterfield £32k below the Derbyshire county median of £217,000, and £100k below the UK national median of £285,000.

Prices in Chesterfield have shown a moderate decline, with a year-on-year change of -2.6%. Within Derbyshire, Chesterfield ranks 7th by price out of 8 principal towns, and 5th by transaction volume.

Chesterfield median prices have moved from £185,000 in Q1 2025 to £190,000 in Q2 2026, a change of +2.7% over 5 quarters.

Chesterfield Borough Council — the local planning authority covering Chesterfield — has 1,507 residential units in its current pipeline, an estimated gross development value of £278.0m, across 49 applications (0 approved, 49 pending) at an approval rate of 0%.

Property prices in Chesterfield vary significantly by type. The table below compares Chesterfield prices with Derbyshire county averages and UK national figures.

Detached homes in Chesterfield command £313,500, while flat properties are most accessible at £120,000. The £194k spread between the most and least expensive types indicates a relatively compressed market where margins between types are tighter.

Chesterfield recorded 3 new-build transactions in the past 12 months, representing 0.2% of total sales. New-build supply is limited, potentially indicating either planning constraints or an untapped opportunity for developers.

New-build properties in Chesterfield traded at a premium of 130.9% 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, 175 new-build completions were recorded — see our Derbyshire property market report for the full county picture.

The following table shows the most recent property transactions recorded in Chesterfield, providing real-time evidence of achieved prices for buyers, sellers, and developers:

These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £89,000 to £365,000 illustrates the breadth of the Chesterfield market.

For developers considering Chesterfield, the local market data translates directly into finance structuring. With a median value of £185,000 and detached homes at £313,500, lenders can assess scheme viability with confidence.

A typical development finance facility for a Chesterfield scheme with a GDV of £313,500 would attract senior debt of approximately £203,775 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 2.6% 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.

To put Chesterfield's market in context, the table below compares it with similarly-priced towns across Derbyshire:

For the full Derbyshire town-by-town breakdown, see our comprehensive Derbyshire property market report.