Housing Market Analysis for PARES WAY, DE72 3TJ

Are you looking to understand DE72 3TJ house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Erewash postcode.

For the location information and nearby amenities in the DE72 3TJ area, explore the DE72 3TJ Area information page.
For comprehensive crime statistics in the DE72 3TJ area, explore the DE72 3TJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the DE72 3TJ postcode area, The average prices are as follows,

Detached
- The average price is around £165,266 median price is £157,250 Standard Deviation is £89,434 with Total Sold: 48
- The Last 5 Year average price is £282,291 with Total Sold: 12
- The most recent sale happened at this postcode is 35 PARES WAY: £425,000 (Sold on 19 May 2023)
- The first recorded sale happened at this postcode is 1 PARES WAY: £400,000 (Sold on 13 Nov 2023)
Semi-Detached
- The average price is around £138,042 median price is £124,750 Standard Deviation is £74,979 with Total Sold: 6
- The Last 5 Year average price is £255,000 with Total Sold: 1
- The most recent sale happened at this postcode is 7 PARES WAY: £255,000 (Sold on 14 Apr 2022)
- The first recorded sale happened at this postcode is 7 PARES WAY: £53,750 (Sold on 05 Dec 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average DE72 3TJ house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£328,499	£3,844	5
2022	£352,500	£3,703	2
2021	£242,000	£3,025	1
2020	£198,500	£2,673	2
2019	£200,500	£2,361	2
2018	£220,000	£2,750	1
2017	£185,000	£2,569	1
2016	£151,452	£1,951	3
2015	£194,950		1
2014	£166,250	£1,928	4
2011	£153,000	£2,007	1
2009	£175,000	£1,881	2
2008	£124,500	£1,945	1
2006	£170,000	£2,903	2
2004	£155,500	£1,671	1
2003	£140,833	£2,122	3
2002	£140,250	£1,509	2
2001	£99,475		2
2000	£74,888	£784	4
1999	£64,667	£736	3
1998	£62,500	£727	1
1997	£63,125	£750	2
1996	£58,750	£683	1
1995	£59,950		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£255,000	£3,228	1
2018	£205,000	£2,204	1
2006	£162,000	£2,051	1
2001	£87,500	£941	1
1999	£65,000	£699	1
1997	£53,750	£680	1

All the Sales in the PARES WAY, DE72 3TJ

See the table below for more details on the sold house prices in the DE72 3TJ, Erewash postcode.

Address	Sold Date	Price	% Change
35 PARES WAYDetached, FreeholdArea: 76 Sq.mtrAge: 1976-1982	19 May 2023	£425,000	148.54%
	28 Nov 2014	£171,000	16.33%
	20 Oct 2003	£147,000	First Sale
5 PARES WAYDetached, FreeholdArea: 70 Sq.mtrAge: 1976-1982	31 Mar 2023	£310,000	86.75%
5 PARES WAYDetached, FreeholdArea: 70 Sq.mtrAge: 1976-1982	22 Aug 2019	£166,000	First Sale
31 PARES WAYDetached, FreeholdArea: 86 Sq.mtrAge: 1976-1982	17 Mar 2023	£249,995	11.11%
	21 Aug 2020	£225,000	41.51%
	08 Sep 2014	£159,000	-6.47%
	27 Jun 2014	£170,000	172.00%
	27 Feb 1998	£62,500	6.38%
	17 May 1996	£58,750	First Sale
15 PARES WAYDetached, FreeholdArea: 87 Sq.mtrAge: 1967-1975	15 Feb 2023	£257,500	93.61%
	07 Oct 2002	£133,000	107.81%
	19 Nov 1999	£64,000	First Sale
1 PARES WAYDetached, FreeholdArea: 120 Sq.mtrAge: 1967-1975	17 Jun 2022	£385,000	148.39%
	27 Oct 2016	£155,000	-61.25%
	13 Nov 2023	£400,000	First Sale
37 PARES WAYDetached, FreeholdArea: 76.25 Sq.mtrAge: 1967-1975	18 May 2022	£320,000	109.15%
	11 Nov 2011	£153,000	First Sale
7 PARES WAYSemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1967-1975	14 Apr 2022	£255,000	57.41%
	26 Sep 2006	£162,000	201.40%
	05 Dec 1997	£53,750	First Sale
28 PARES WAYDetached, FreeholdArea: 80 Sq.mtrAge: 1976-1982	03 Feb 2021	£242,000	First Sale
3 PARES WAYDetached, FreeholdArea: 63 Sq.mtrAge: 1967-1975	01 Jun 2020	£172,000	18.21%
3 PARES WAYDetached, FreeholdArea: 63 Sq.mtrAge: 1967-1975	08 Dec 2003	£145,500	First Sale
33 PARES WAYDetached, FreeholdArea: 100 Sq.mtrAge: 1976-1982	01 Jul 2019	£235,000	First Sale
20 PARES WAYSemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1967-1975	17 Jul 2018	£205,000	134.29%
	04 May 2001	£87,500	34.62%
	30 Jun 1999	£65,000	First Sale
14 PARES WAYDetached, FreeholdArea: 80 Sq.mtrAge: 1950-1966	22 Jun 2018	£220,000	266.67%
14 PARES WAYDetached, FreeholdArea: 80 Sq.mtrAge: 1950-1966	04 Aug 1997	£60,000	First Sale
4 PARES WAYDetached, FreeholdArea: 72 Sq.mtrAge: 1967-1975	23 Jun 2017	£185,000	54.93%
4 PARES WAYDetached, FreeholdArea: 72 Sq.mtrAge: 1967-1975	07 Nov 2016	£119,407	First Sale
23 PARES WAYDetached, FreeholdArea: 62 Sq.mtrAge: 1967-1975	15 Jul 2016	£179,950	-0.03%
23 PARES WAYDetached, FreeholdArea: 62 Sq.mtrAge: 1967-1975	19 Jul 2006	£180,000	First Sale
18 PARES WAYDetached, Freehold	17 Jul 2015	£194,950	11.40%
	30 Jan 2009	£175,000	34.62%
	28 May 2003	£130,000	First Sale
32 PARES WAYDetached, FreeholdArea: 100.8 Sq.mtrAge: 1967-1975	01 Sep 2014	£165,000	113.32%
	20 Dec 2000	£77,350	First Sale
12 PARES WAYDetached, FreeholdArea: 93.04 Sq.mtrAge: 1983-1990	21 Aug 2009	£175,000	12.54%
	16 Apr 2004	£155,500	First Sale
27 PARES WAYDetached, FreeholdArea: 64 Sq.mtrAge: 1991-1995	08 Sep 2008	£124,500	First Sale
8 PARES WAYDetached, Freehold	08 Dec 2006	£160,000	135.29%
8 PARES WAYDetached, Freehold	30 Nov 2000	£68,000	First Sale
17 PARES WAYDetached, FreeholdArea: 99 Sq.mtrAge: 1967-1975	18 Sep 2002	£147,500	86.12%
17 PARES WAYDetached, FreeholdArea: 99 Sq.mtrAge: 1967-1975	14 Jan 2000	£79,250	First Sale
11 PARES WAYDetached, Freehold	07 Dec 2001	£104,000	60.00%
11 PARES WAYDetached, Freehold	23 Dec 1999	£65,000	First Sale
22 PARES WAYDetached, Freehold	31 Oct 2001	£94,950	46.08%
22 PARES WAYDetached, Freehold	14 Sep 1999	£65,000	First Sale
24 PARES WAYDetached, Freehold	02 Mar 2000	£74,950	25.02%
24 PARES WAYDetached, Freehold	10 Nov 1995	£59,950	First Sale
21 PARES WAYDetached, Freehold	12 Dec 1997	£66,250	First Sale

Check out the sold house prices near the DE72 3TJ postcode. Properties currently for saleProperties currently for rent

PARES WAY, DE72 3TJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the DE72 3TJ postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the DE72 3TJ postcode.

Detached
- The average price is around £225,642 median price is £195,000 Standard Deviation is £141,038 with Total Sold: 444
- The Last 5 Year average price is £369,316 with Total Sold: 93
- The most recent sale happened at this postcode is , 10 HILLCROFT DRIVE: £435,000 (Sold on 07 Aug 2024)
- The first recorded sale happened at this postcode is , 17 GREEN LANE: £73,000 (Sold on 10 Feb 1995)
Other
- The average price is around £294,188 median price is £281,250 Standard Deviation is £167,970 with Total Sold: 8
- The Last 5 Year average price is £218,200 with Total Sold: 5
- The most recent sale happened at this postcode is , 33 THE RIDINGS: £215,000 (Sold on 23 Feb 2024)
- The first recorded sale happened at this postcode is , 172 THE RIDINGS: £665,000 (Sold on 14 Sep 2016)
Semi-Detached
- The average price is around £144,059 median price is £149,000 Standard Deviation is £77,690 with Total Sold: 92
- The Last 5 Year average price is £249,582 with Total Sold: 13
- The most recent sale happened at this postcode is , 69 THE RIDINGS: £352,000 (Sold on 18 Aug 2023)
- The first recorded sale happened at this postcode is , 5 BARE LANE: £70,000 (Sold on 13 Apr 1995)
Terraced
- The average price is around £160,828 median price is £145,000 Standard Deviation is £114,821 with Total Sold: 49
- The Last 5 Year average price is £201,490 with Total Sold: 5
- The most recent sale happened at this postcode is , 47 GREEN LANE: £279,950 (Sold on 27 Feb 2023)
- The first recorded sale happened at this postcode is , 31 THE SETTLEMENT: £140,000 (Sold on 11 Jan 1995)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£367,357	£3,691	7
2023	£410,956	£3,822	24
2022	£454,917	£4,503	12
2021	£377,174	£3,692	17
2020	£328,159	£3,349	22
2019	£256,500	£2,844	11
2018	£313,542	£2,659	20
2017	£253,796	£2,766	14
2016	£214,309	£2,560	17
2015	£263,568	£2,764	14
2014	£213,940	£2,293	21
2013	£313,100	£2,098	10
2012	£266,374	£2,424	8
2011	£186,000	£2,197	9
2010	£255,850	£2,859	10
2009	£230,439	£1,922	9
2008	£299,664	£2,477	18
2007	£223,077	£2,168	13
2006	£221,692	£2,275	13
2005	£241,586	£2,130	11
2004	£214,883	£1,933	15
2003	£173,491	£1,796	17
2002	£151,925	£1,507	14
2001	£120,576	£1,053	17
2000	£103,218	£1,063	17
1999	£89,600	£751	18
1998	£83,380	£866	20
1997	£80,466	£780	16
1996	£69,483	£829	18
1995	£72,037	£704	12

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£215,000		1
2023	£285,000	£3,562	1
2021	£15,000		1
2020	£288,000	£2,948	2
2017	£298,750	£2,051	2
2016	£665,000	£4,433	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£352,000	£3,868	1
2022	£227,514	£2,890	5
2021	£266,500	£2,022	3
2020	£275,833	£3,360	3
2019	£128,000	£2,048	1
2018	£221,238	£2,559	4
2017	£170,000	£2,500	1
2016	£180,817	£1,883	3
2015	£155,583	£2,334	6
2014	£170,333	£2,160	3
2013	£164,500	£1,981	2
2012	£128,000	£1,356	1
2011	£197,500	£2,017	2
2010	£143,300	£1,936	5
2009	£132,700	£1,908	5
2008	£130,000	£1,801	2
2007	£174,000	£2,644	2
2006	£274,000	£1,823	3
2005	£121,500	£1,802	2
2004	£174,500	£1,422	3
2002	£119,950		1
2001	£86,417	£964	6
2000	£71,690	£906	5
1999	£63,983	£772	3
1998	£99,699	£412	5
1997	£54,786	£497	7
1996	£58,090	£700	5
1995	£59,067	£732	3

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£279,950	£3,499	1
2021	£165,000	£2,089	1
2019	£187,500	£1,876	3
2018	£545,302	£2,534	2
2017	£183,000	£2,128	5
2016	£160,833	£2,266	3
2015	£385,000	£1,314	1
2014	£148,975	£1,928	2
2013	£320,000	£2,406	1
2011	£110,000	£1,571	1
2010	£112,500	£1,406	1
2009	£82,500		1
2008	£150,000		1
2007	£318,000	£2,391	1
2006	£245,000	£1,686	1
2005	£176,975	£2,062	2
2004	£140,000	£2,188	1
2003	£85,000		1
2002	£109,317	£1,196	3
2001	£212,500		2
2000	£60,917	£660	3
1999	£68,833		3
1998	£56,900		1
1997	£68,300	£717	5
1996	£52,250		2
1995	£140,000	£452	1

House Type in DE72 3TJ area

The most common house types in the DE72 3TJ postcode area are Detached (108), Semi-detached (11), and Terraced (0).

Total	119
Detached	108
Semi-detached	11
Terraced	0
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (69), and Owned: Owns with a mortgage or loan (44).

Owned: Owns outright	69
Owned: Owns with a mortgage or loan	44
Private rented: Private landlord or letting agency	6
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the DE72 3TJ have 2 people in household (47), and 1 person in household (31).

2 people in household	47
1 person in household	31
4 people in household	19
3 people in household	16
5 people in household	4
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0