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Property Price Trends
Newdigate Street, West Hallam
DE7 6GZ Erewash District (B)
What are the historical property price trends?
Explore the yearly trends in property prices for the DE7 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
DE7
Most Expensive Property
£565,000
16 High Lane East, DE7 6HW
Sold: 27 October 2023
Cheapest Property
£72,000
48 Little Hallam Lane, DE7 4AH
Sold: 01 March 2024
£216,000
The average house price in Erewash was £216,000 in November 2024 (provisional), up slightly 2.0% from November 2023. This was lower than the rise in the East Midlands (2.7%) over the same period.
£787
Private rents rose to an average of £787 in December 2024, an annual increase of 8.8% from £723 in December 2023. This was higher than the rise in the East Midlands (8.3%) over the year.
£195,000
The average price paid by first-time buyers was £195,000 in November 2024 (provisional). This was 2.5% higher than the average of £190,000 in November 2023 (revised).
£221,000
For homes bought with a mortgage, the average house price was £221,000 in November 2024 (provisional). This was 2.0% higher than the average of £217,000 in November 2023 (revised).
Data last updated: 17 Feb 2025. Data extracted from ONS housing prices/rents: inflation and price indices by local authority (Erewash, E07000036). Rent estimates are provisional, and are for the latest 2 months.
Local House Price Trends
Have property prices been rising or falling in DE7 6GZ?
The graph below shows the five-year capital growth figures for properties for the DE7 postcode district. Figures show year-on-year capital growth and not accumulative growth over the five-year period.
Compare House Price Trends
Enter a postcode below to compare the property prices in DE7 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in Derbyshire?
For Homebuyers:
Derbyshire is a popular choice for homebuyers looking for affordable properties with good transport links to major cities such as Nottingham and Sheffield. The average house price in Derbyshire is currently £216,374, with areas such as Derby (DE1, DE21) and Chesterfield (S40, S41) being particularly sought after. House prices in Derbyshire have seen a steady increase of 2.5% over the past year, making it a promising investment for future homeowners. The availability of housing stock in Derbyshire is relatively good, with a variety of properties including detached houses, semi-detached houses, and terraced houses to choose from.
For Renters:
Rent prices in Derbyshire are also on the rise, with the average monthly rent currently standing at £695. Popular rental areas include Belper (DE56) and Matlock (DE4), where tenants can expect to pay around £650-£750 per month for a two-bedroom property. The availability of rental properties in Derbyshire is moderate, with a mix of apartments, houses, and bungalows on the market. Renters looking for a property in Derbyshire should act quickly, as properties tend to get snapped up fast due to high demand.
For Investors:
Derbyshire presents a promising opportunity for property investors, with a growing demand for rental properties in key areas such as Bakewell (DE45) and Ashbourne (DE6). The rental yield in Derbyshire currently stands at around 3.5%, making it an attractive option for investors looking for long-term returns. The property market in Derbyshire is stable, with house prices seeing a steady increase over the years. Investors can diversify their portfolio by investing in a range of properties, including buy-to-let apartments, student accommodation, and holiday homes.
For Homebuyers:
Derbyshire is a popular choice for homebuyers looking for affordable properties with good transport links to major cities such as Nottingham and Sheffield. The average house price in Derbyshire is currently £216,374, with areas such as Derby (DE1, DE21) and Chesterfield (S40, S41) being particularly sought after. House prices in Derbyshire have seen a steady increase of 2.5% over the past year, making it a promising investment for future homeowners. The availability of housing stock in Derbyshire is relatively good, with a variety of properties including detached houses, semi-detached houses, and terraced houses to choose from.
For Renters:
Rent prices in Derbyshire are also on the rise, with the average monthly rent currently standing at £695. Popular rental areas include Belper (DE56) and Matlock (DE4), where tenants can expect to pay around £650-£750 per month for a two-bedroom property. The availability of rental properties in Derbyshire is moderate, with a mix of apartments, houses, and bungalows on the market. Renters looking for a property in Derbyshire should act quickly, as properties tend to get snapped up fast due to high demand.
For Investors:
Derbyshire presents a promising opportunity for property investors, with a growing demand for rental properties in key areas such as Bakewell (DE45) and Ashbourne (DE6). The rental yield in Derbyshire currently stands at around 3.5%, making it an attractive option for investors looking for long-term returns. The property market in Derbyshire is stable, with house prices seeing a steady increase over the years. Investors can diversify their portfolio by investing in a range of properties, including buy-to-let apartments, student accommodation, and holiday homes.
Last updated on 31 Mar 2025. Property market analysis is based on official data, and interpreted using neural networks (machine learning model), and subject to our Terms and Conditions.
Yield for DE7 6GZ
Estimated yield for property investors
3.89%
Yield
The estimated yield for the DE7 6GZ postcode area is 3.89%, compared to the national average yield of 3.8%.
View yield analysisHouse price affordability
Use this graph to view the housing affordability ratio data, as well as median house prices and household earnings in England and Wales, from 1997-2024.
Property sales
What houses have been sold in DE7 6GZ?
The recently sold properties table lists homes around DE7 6GZ that have been recorded by HM Land Registry, and their sold prices.
Price paid information is not personal, but property-related information. All commercial transactions, sales that have not been lodged with HM Land Registry or sales that were not for full market value are excluded.
| Date | Price | Property Address | Property Type | Estate Type |
|---|---|---|---|---|
| 31 October 2023 | £158,000 | 22 Main Street, Horsley Woodhouse, Ilkeston, DE7 6AT | Terraced | Freehold |
| 10 November 2023 | £270,000 | 178 Main Street, Horsley Woodhouse, Ilkeston, DE7 6AX | Detached | Freehold |
| 15 December 2023 | £182,000 | 157 Main Street, Horsley Woodhouse, Ilkeston, DE7 6AX | Terraced | Freehold |
| 15 December 2023 | £255,000 | 115 Main Street, Horsley Woodhouse, Ilkeston, DE7 6AX | Semi-Detached | Freehold |
| 01 March 2024 | £435,000 | Robeyfields Farm Holywell Cottage Heanor Road, Smalley, Ilkeston, DE7 6DX | Detached | Freehold |
| 19 December 2023 | £150,000 | 141 Heanor Road, Smalley, Ilkeston, DE7 6DY | Semi-Detached | Freehold |
| 01 December 2023 | £220,000 | 56 Main Road, Smalley, Ilkeston, DE7 6EE | Semi-Detached | Freehold |
| 15 September 2023 | £385,000 | 23 St Johns Road, Smalley, Ilkeston, DE7 6EG | Detached | Freehold |
| 01 December 2023 | £555,000 | 32 Belper Road, Stanley Common, Ilkeston, DE7 6FP | Detached | Freehold |
| 17 November 2023 | £375,000 | 191 Belper Road, Stanley Common, Ilkeston, DE7 6FT | Semi-Detached | Freehold |
| 23 February 2024 | £175,000 | 6 Andrews Drive, Stanley Common, Ilkeston, DE7 6GJ | Terraced | Freehold |
| 27 October 2023 | £565,000 | 16 High Lane East, West Hallam, Ilkeston, DE7 6HW | Detached | Freehold |
| 15 December 2023 | £363,490 | 25 High Lane East, West Hallam, Ilkeston, DE7 6HW | Semi-Detached | Freehold |
| 30 November 2023 | £265,000 | 67 Peveril Crescent, West Hallam, Ilkeston, DE7 6JF | Detached | Freehold |
| 14 December 2023 | £217,000 | 4 Harlow Court, West Hallam, Ilkeston, DE7 6LL | Semi-Detached | Freehold |
| 01 March 2024 | £215,000 | 73 Hallam Way, West Hallam, Ilkeston, DE7 6LP | Detached | Freehold |
| 08 December 2023 | £307,500 | 1 Smalley Manor Drive, Smalley, Ilkeston, DE7 6NW | Detached | Freehold |
| 23 February 2024 | £350,000 | 15 Marlow Crescent, West Hallam, Ilkeston, DE7 6PD | Detached | Freehold |
Nearby sold properties | ||||
| 01 March 2024 | £72,000 | 48 Little Hallam Lane, Ilkeston, DE7 4AH | Terraced | Freehold |
| 19 February 2024 | £110,000 | 20 Hallam Fields Road, Ilkeston, DE7 4AZ | Terraced | Freehold |
| 02 February 2024 | £175,000 | 1 Queens Avenue, Ilkeston, DE7 4DL | Semi-Detached | Freehold |
| 19 January 2024 | £95,000 | 30 Benner Avenue, Ilkeston, DE7 4DP | Semi-Detached | Freehold |
| 17 November 2023 | £125,000 | 16 Frederick Avenue, Ilkeston, DE7 4DW | Semi-Detached | Freehold |
| 18 December 2023 | £165,000 | 49 Kenilworth Drive, Ilkeston, DE7 4FH | Semi-Detached | Freehold |
| 01 December 2023 | £180,000 | 376 Godfrey Drive, Ilkeston, DE7 4HW | Semi-Detached | Freehold |
| 13 December 2023 | £170,000 | 191 Oliver Road, Ilkeston, DE7 4JW | Terraced | Freehold |
| 30 October 2023 | £135,000 | 13 Oliver Road, Ilkeston, DE7 4JY | Terraced | Freehold |
| 31 January 2024 | £170,000 | 11 Kirkby Avenue, Ilkeston, DE7 4LW | Terraced | Freehold |
| 04 December 2023 | £155,000 | 190 Ladywood Road, Ilkeston, DE7 4NS | Semi-Detached | Freehold |
| 08 December 2023 | £235,000 | 3 Bestwick Close, Ilkeston, DE7 4QZ | Semi-Detached | Freehold |
| 31 March 2022 | £315,000 | 12 Gisbey Road, Ilkeston, DE7 4SF | Detached | Freehold |
| 26 May 2023 | £230,000 | 24 Gisbey Road, Ilkeston, DE7 4SF | Semi-Detached | Freehold |
| 26 February 2021 | £227,995 | 34 Slater Way, Ilkeston, DE7 4SN | Semi-Detached | Freehold |
| 15 December 2023 | £135,000 | 253 Nottingham Road, Ilkeston, DE7 5AT | Terraced | Freehold |
| 31 January 2024 | £185,000 | 143 Park Road, Ilkeston, DE7 5DN | Semi-Detached | Freehold |
| 28 February 2024 | £145,000 | 103 Park Road, Ilkeston, DE7 5DN | Terraced | Freehold |
| 10 November 2023 | £500,000 | 202 204 Park Road, Ilkeston, DE7 5DQ | Other | Freehold |
| 29 February 2024 | £227,500 | 11 Wortley Close, Ilkeston, DE7 5EU | Semi-Detached | Freehold |
| 18 March 2024 | £225,000 | The Bungalow, 80a Derby Road, Ilkeston, DE7 5EZ | Detached | Freehold |
| 30 September 2022 | £258,000 | 108 Stanton Road, Ilkeston, DE7 5FY | Detached | Freehold |
| 10 November 2023 | £305,000 | 32 Drummond Road, Ilkeston, DE7 5HA | Semi-Detached | Freehold |
| 08 March 2024 | £87,500 | 79 Station Road, Ilkeston, DE7 5LJ | Terraced | Freehold |
| 29 November 2023 | £485,000 | 95 Station Road, Ilkeston, DE7 5LL | Other | Freehold |
| 08 September 2022 | £81,000 | 51a Flat 1 Bath Street, Ilkeston, DE7 8AH | Other | Leasehold |
| 22 July 2022 | £88,000 | 51a Flat 4 Bath Street, Ilkeston, DE7 8AH | Flat/Maisonette | Leasehold |
| 19 July 2022 | £82,000 | 51a Flat 3 Bath Street, Ilkeston, DE7 8AH | Flat/Maisonette | Leasehold |
| 26 February 2024 | £96,000 | 6 Providence Place, Ilkeston, DE7 8AL | Terraced | Freehold |
| 01 December 2023 | £90,000 | 19 Lord Haddon Road, Ilkeston, DE7 8AU | Terraced | Freehold |
| 22 March 2024 | £134,950 | 33 Bloomsgrove Road, Ilkeston, DE7 8DQ | Terraced | Freehold |
| 27 November 2023 | £195,000 | 1e Nether Slade Road, Ilkeston, DE7 8ET | Terraced | Freehold |
| 29 September 2023 | £118,000 | 26 Flat 2 Grey Meadow Road, Ilkeston, DE7 8EX | Flat/Maisonette | Leasehold |
| 01 December 2023 | £197,000 | 23 Grey Meadow Road, Ilkeston, DE7 8EZ | Terraced | Freehold |
| 10 July 2023 | £225,000 | 14 Greenhalgh Crescent, Ilkeston, DE7 8GW | Terraced | Freehold |
| 20 October 2023 | £173,000 | 101 Springfield Gardens, Ilkeston, DE7 8JA | Detached | Freehold |
| 05 December 2023 | £109,950 | 52 Norman Street, Ilkeston, DE7 8LE | Terraced | Freehold |
| 31 May 2022 | £168,000 | 6 Church Drive, Ilkeston, DE7 8QE | Semi-Detached | Freehold |
| 19 February 2024 | £125,000 | 19 Prince Street, Ilkeston, DE7 8QR | Semi-Detached | Freehold |
| 01 December 2023 | £145,000 | 74 Dovedale Circle, Ilkeston, DE7 8SG | Terraced | Freehold |
| 06 November 2023 | £179,500 | 14 Houghton Avenue, Ilkeston, DE7 9GA | Semi-Detached | Freehold |
| 14 November 2023 | £220,000 | 1 Lilac Mews, Ilkeston, DE7 9JB | Semi-Detached | Freehold |
| 01 March 2024 | £350,000 | 3 Mill Acre Close, Ilkeston, DE7 9JQ | Detached | Freehold |
Please note that house prices for properties sold in and around DE7 6GZ during this period do not reflect current values of properties in this postcode area, they are the prices paid at the time of sale. Prices paid is property price data for single residential property sales in England and Wales, sold on the market at full market value, and lodged with the Land Registry for registration.
For more information about the statistical data sets contained on this page, visit https://www.gov.uk/government/statistical-data-sets.
Average monthly mortgage payments
Data on this page contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. Property data and analysis from PropertyData.co.uk.
Statistical Data Sets
Statistics extracted are from the UK House Price Index, published each month from HM Land Registry, and broken down into Country, Region, and County level.
All content is available under the Open Government Licence v3.0, except where otherwise stated
