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House Prices in DE7 House Prices in DE7 (Ilkeston)

The average house price in DE7 (Ilkeston) is £217,788 using HM Land Registry data.

The average property price increased by £69,856 (32.71%) over the last 5 years and increased by £13,997 (4.72%) over the last 12 months.

Over the last year, there were 442 residential property sales – a decrease of 210 transactions (-47.51%) relative to the previous year. The majority of house sales (131) were in the £120,000 - £168,000 range. Then came properties in the £168,000 - £216,000 range, where 112 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 59 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,513 (-2%).

In Oct 24, there were 102 new estate agency instructions, 93 agreed home sales and 103 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) - Oct 24

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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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
106 Little Hallam Lane, Ilkeston, Derbyshire, DE7 4AE£169,500£165,000-£4,50029 May 202421 Aug 202484 Days
6 Northfield Avenue, Ilkeston, Derbyshire, DE7 8EH£170,000£160,000-£10,00019 Oct 202316 Aug 2024302 Days
39 Ladywood Road, Ilkeston, Derbyshire, DE7 4NF£390,000£380,000-£10,00002 Apr 202415 Aug 2024135 Days
1 Allendale, Ilkeston, Derbyshire, DE7 4LE£225,000£210,000-£15,00012 Apr 202407 Aug 2024117 Days
19 Horsecroft Close, Ilkeston, Derbyshire, DE7 9LD£167,500£167,500£0024 Apr 202402 Aug 2024100 Days
22 Dumbles Close, Ilkeston, Derbyshire, DE7 4HZ£195,000£185,000-£10,00021 Oct 202302 Aug 2024286 Days
11 Ascot Place, Ilkeston, Derbyshire, DE7 4GB£190,000£188,000-£2,00030 Jan 202402 Aug 2024185 Days
40 Main Road, Smalley, Ilkeston, Derbyshire, DE7 6EE£205,000£198,000-£7,00009 Aug 202330 Jul 2024356 Days
36 Derbyshire Avenue, West Hallam, Ilkeston, Derbyshire, DE7 6HJ£339,950£320,000-£19,95031 Oct 202326 Jul 2024269 Days
22 Henley Way, West Hallam, Ilkeston, Derbyshire, DE7 6LU£325,000£320,000-£5,00028 Feb 202426 Jul 2024149 Days
6 Barber Close, Ilkeston, Derbyshire, DE7 8LY£170,000£165,000-£5,00026 Dec 202325 Jul 2024212 Days
25 Ridgeway Drive, Ilkeston, Derbyshire, DE7 4JP£235,000£227,000-£8,00026 Jan 202417 Jul 2024173 Days
82 Derby Road, Ilkeston, Derbyshire, DE7 5EZ£220,000£210,000-£10,00026 Dec 202315 Jul 2024202 Days
96 Stanton Road, Ilkeston, Derbyshire, DE7 5FY£270,000£263,000-£7,00026 Jan 202415 Jul 2024171 Days
6 Elveden Drive, Ilkeston, Derbyshire, DE7 9JW£300,000£300,000£0007 Sep 202308 Jul 2024305 Days
49 Wyndale Drive, Ilkeston, Derbyshire, DE7 4JH£189,950£182,000-£7,95019 Sep 202305 Jul 2024290 Days
152 High Lane East, West Hallam, Ilkeston, Derbyshire, DE7 6HY£220,000£217,840-£2,16016 Feb 202428 Jun 2024133 Days
25 Honingham Road, Ilkeston, Derbyshire, DE7 9JZ£245,000£245,000£0011 Jan 202424 Jun 2024165 Days
9 Oakwell Crescent, Ilkeston, Derbyshire, DE7 5GX£375,000£370,000-£5,00026 Dec 202321 Jun 2024178 Days
31 East Street, Ilkeston, Derbyshire, DE7 5JB£300,000£292,000-£8,00022 Sep 202321 Jun 2024273 Days

Most Expensive Streets in DE7 (Ilkeston)

PostcodeStreetAreaAverageNo. of Sales
DE7 6DGWoodside, MorleyIlkeston£826,0266
DE7 6DHCloves Hill, MorleyIlkeston£690,10010
DE7 4PNDale AbbeyIlkeston£554,9905
DE7 6JZThe Grange, SmalleyIlkeston£514,5004
DE7 6DJBrackley Gate, MorleyIlkeston£509,4378
DE7 6EFMain Road, SmalleyIlkeston£506,0005
DE7 4QBPepper Lane, Stanton By DaleIlkeston£487,6663
DE7 6DWHeanor Road, SmalleyIlkeston£461,2506
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£81,5628
DE7 8AHBath StreetIlkeston£83,5005
DE7 8LENorman StreetIlkeston£83,8166
DE7 8GGMill StreetIlkeston£86,57912
DE7 5QESouth StreetIlkeston£87,64325
DE7 8BSNesfield Court, Nesfield RoadIlkeston£90,0628
DE7 8GJKing StreetIlkeston£93,7818
DE7 5BDNottingham RoadIlkeston£95,1663

Explore DE7 (Ilkeston) using map

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