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House Prices in DE7 House Prices in DE7 (Ilkeston)

The average house price in DE7 (Ilkeston) is £184,062 using HM Land Registry data.

The average property price increased by £75,431 (32.71%) over the last 5 years and increased by £15,080 (4.72%) over the last 12 months.

Over the last year, there were 475 residential property sales – a decrease of 276 transactions (-58.11%) relative to the previous year. The majority of house sales (136) were in the £158,000 - £206,000 range. Then came properties in the £110,000 - £158,000 range, where 105 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 62 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,513 (-2%).

In June 2024, there were 158 new estate agency instructions, 87 agreed home sales and 68 property price reductions.

Nearby Postcodes: DE1, DE11, DE15, DE21, DE22, DE23, DE24, DE4, DE5, DE55, DE56, DE6, DE65, DE72, DE73, DE74, DE75, LE12, LE65, NG10, NG11, NG15, NG16, NG17, NG6, NG7, NG8, NG80, NG9, NG90, S45

5-Year Average Property Prices in DE7 (Ilkeston)

32.71%

Property prices in Ilkeston increased by 32.71% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in DE7 (Ilkeston) Over the Last Year

4.72%

Property prices in Ilkeston increased by 4.72% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for DE7 (Ilkeston) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in DE7 (Ilkeston)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in DE7 (Ilkeston)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in DE7 (Ilkeston)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the DE7 (Ilkeston) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DE7 postcode area since 1995.

Recent Sales in DE7 (Ilkeston)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
47 Millfield Road, Ilkeston, Derbyshire, DE7 5DL£155,000£152,000-£3,00019 Mar 202417 May 202459 Days
14 Stoppard Close, Ilkeston, Derbyshire, DE7 9JL£320,000£312,000-£8,00024 Nov 202330 Apr 2024158 Days
324 Cotmanhay Road, Ilkeston, Derbyshire, DE7 8NE£245,000£245,000£0026 Dec 202330 Apr 2024126 Days
6 Springfield Gardens, Ilkeston, Derbyshire, DE7 8HY£110,000£108,000-£2,00015 Aug 202326 Apr 2024255 Days
37 Ridgeway Drive, Ilkeston, Derbyshire, DE7 4JP£375,000£375,000£0017 Jan 202418 Apr 202492 Days
66 Kingsway, Ilkeston, Derbyshire, DE7 4DG£170,000£158,750-£11,25027 Jul 202318 Apr 2024266 Days
32 Little Hallam Lane, Ilkeston, Derbyshire, DE7 4AH£120,000£120,000£0012 Jan 202412 Apr 202491 Days
10 Walker Close, Ilkeston, Derbyshire, DE7 4PZ£230,000£230,000£0017 Oct 202303 Apr 2024169 Days
19 Honingham Road, Ilkeston, Derbyshire, DE7 9JZ£245,000£240,000-£5,00002 Dec 202328 Mar 2024117 Days
19 Norman Street, Ilkeston, Derbyshire, DE7 8JZ£125,000£117,500-£7,50023 Jun 202328 Mar 2024279 Days
90 Main Road, Smalley, Ilkeston, Derbyshire, DE7 6DS£270,000£250,000-£20,00021 Nov 202328 Mar 2024128 Days
33 Bloomsgrove Road, Ilkeston, Derbyshire, DE7 8DQ£134,950£134,950£0014 Dec 202322 Mar 202499 Days
18 St Johns Road, Ilkeston, Derbyshire, DE7 5PD£189,950£180,000-£9,95027 Oct 202322 Mar 2024147 Days
18 Redbridge Close, Ilkeston, Derbyshire, DE7 5BZ£210,000£210,000£0027 Sep 202322 Mar 2024177 Days
36 Brook Street, Ilkeston, Derbyshire, DE7 5BG£190,000£185,000-£5,00009 Jan 202422 Mar 202473 Days
11 Nelper Crescent, Ilkeston, Derbyshire, DE7 4DU£179,950£168,000-£11,95026 Sep 202320 Mar 2024176 Days
29 Cavendish Road, Ilkeston, Derbyshire, DE7 5AN£180,000£177,500-£2,50020 Oct 202307 Mar 2024139 Days
3 Mill Acre Close, Ilkeston, Derbyshire, DE7 9JQ£350,000£350,000£0030 Sep 202301 Mar 2024153 Days
73 Hallam Way, West Hallam, Ilkeston, Derbyshire, DE7 6LP£235,000£215,000-£20,00030 Jun 202301 Mar 2024245 Days
Little Birches, Cloves Hill, Morley, Ilkeston, Derbyshire, DE7 6DH£495,000£475,000-£20,00012 Jul 202301 Mar 2024233 Days

Most Expensive Streets in DE7 (Ilkeston)

PostcodeStreetAreaAverageNo. of Sales
DE7 6DGWoodside, MorleyIlkeston£739,8958
DE7 6DHCloves Hill, MorleyIlkeston£724,70010
DE7 4PNDale AbbeyIlkeston£554,9905
DE7 6JZThe Grange, SmalleyIlkeston£514,5004
DE7 6DTMain Road, SmalleyIlkeston£463,0005
DE7 6DJBrackley Gate, MorleyIlkeston£461,3128
DE7 6DWHeanor Road, SmalleyIlkeston£448,9287
DE7 6EFMain Road, SmalleyIlkeston£447,8336
DE7 6BAGolden Valley, Horsley WoodhouseIlkeston£433,3256
DE7 6DFPrimrose Drive, MorleyIlkeston£427,1666

Least Expensive Streets in DE7 (Ilkeston)

PostcodeStreetAreaAverageNo. of Sales
DE7 8GUWood StreetIlkeston£71,0004
DE7 8AJBath StreetIlkeston£71,8754
DE7 8GQMill StreetIlkeston£80,8339
DE7 8AHBath StreetIlkeston£83,5005
DE7 8LENorman StreetIlkeston£83,8166
DE7 8GGMill StreetIlkeston£86,57912
DE7 5FJBelper StreetIlkeston£88,0833
DE7 5FRThird AvenueIlkeston£89,3134
DE7 5QESouth StreetIlkeston£89,74532
DE7 5ATNottingham RoadIlkeston£89,7857

Explore DE7 (Ilkeston) using map

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