Housing Market Analysis for PARES WAY, DE72 3TL

Are you looking to understand DE72 3TL 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 3TL area, explore the DE72 3TL Area information page.
For comprehensive crime statistics in the DE72 3TL area, explore the DE72 3TL Crime Rates page.

Overview of Sold House prices

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

Detached
- The average price is around £211,931 median price is £188,250 Standard Deviation is £141,281 with Total Sold: 44
- The Last 5 Year average price is £394,667 with Total Sold: 9
- The most recent sale happened at this postcode is 66 PARES WAY: £625,000 (Sold on 06 Oct 2023)
- The first recorded sale happened at this postcode is 62 PARES WAY: £245,000 (Sold on 07 Mar 2024)
Semi-Detached
- The average price is around £82,983 median price is £72,000 Standard Deviation is £26,847 with Total Sold: 3
- The most recent sale happened at this postcode is 50 PARES WAY: £119,950 (Sold on 31 May 2002)
- The first recorded sale happened at this postcode is 50 PARES WAY: £57,000 (Sold on 19 Sep 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average DE72 3TL 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	£625,000	£3,906	1
2022	£620,000	£3,875	1
2021	£461,000	£3,659	2
2020	£242,500	£2,899	2
2019	£275,000	£3,873	1
2018	£263,750	£2,906	2
2016	£191,500	£2,424	1
2015	£254,500	£2,392	2
2014	£199,750	£2,328	2
2012	£250,000	£1,779	1
2010	£295,000	£5,299	1
2009	£164,000		1
2008	£265,000		1
2007	£387,000	£2,419	1
2005	£176,833		3
2004	£222,500	£1,547	2
2003	£176,000	£1,373	3
2001	£187,500		1
2000	£111,250		2
1998	£86,125	£1,479	2
1997	£79,917		3
1996	£60,612	£779	4
1995	£72,167		3
2024	£312,500		2

House Type: Semi-Detached

Year	Avg. Price	Sold
2002	£119,950	1
2000	£72,000	1
1997	£57,000	1

All the Sales in the PARES WAY, DE72 3TL

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

Address	Sold Date	Price	% Change
66 PARES WAYDetached, FreeholdArea: 160 Sq.mtrAge: 1967-1975	06 Oct 2023	£625,000	0.81%
	04 Mar 2022	£620,000	1.64%
	20 Apr 2021	£610,000	57.62%
	20 Feb 2007	£387,000	48.85%
	08 Mar 2004	£260,000	First Sale
67 PARES WAYDetached, FreeholdArea: 89 Sq.mtrAge: 1950-1966	14 Sep 2021	£312,000	7.59%
67 PARES WAYDetached, FreeholdArea: 89 Sq.mtrAge: 1950-1966	09 Nov 2018	£290,000	First Sale
36 PARES WAYDetached, FreeholdArea: 79 Sq.mtrAge: 1967-1975	18 Dec 2020	£245,000	27.94%
	03 Jun 2016	£191,500	1.32%
	06 Aug 2015	£189,000	First Sale
55 PARES WAYDetached, FreeholdArea: 89 Sq.mtrAge: 1967-1975	04 Dec 2020	£240,000	200.19%
55 PARES WAYDetached, FreeholdArea: 89 Sq.mtrAge: 1967-1975	25 Oct 1996	£79,950	First Sale
69 PARES WAYDetached, FreeholdArea: 71 Sq.mtrAge: 1967-1975	07 Jan 2019	£275,000	161.90%
69 PARES WAYDetached, FreeholdArea: 71 Sq.mtrAge: 1967-1975	04 Dec 1998	£105,000	First Sale
54 PARES WAYDetached, FreeholdArea: 93 Sq.mtrAge: 1967-1975	16 Mar 2018	£237,500	13.10%
54 PARES WAYDetached, FreeholdArea: 93 Sq.mtrAge: 1967-1975	08 Aug 2014	£210,000	First Sale
72 PARES WAYDetached, Freehold	02 Nov 2015	£320,000	120.69%
72 PARES WAYDetached, Freehold	20 Apr 2000	£145,000	First Sale
48 PARES WAYDetached, FreeholdArea: 79 Sq.mtrAge: 1967-1975	07 Nov 2014	£189,500	First Sale
65 PARES WAYDetached, FreeholdArea: 140.53 Sq.mtrAge: 1967-1975	20 Jan 2012	£250,000	29.53%
	02 Apr 2003	£193,000	First Sale
61 PARES WAYDetached, FreeholdArea: 55.67 Sq.mtrAge: 1967-1975	17 May 2010	£295,000	First Sale
49 PARES WAYDetached, Freehold	29 May 2009	£164,000	-8.12%
	30 Nov 2005	£178,500	243.27%
	04 Apr 1996	£52,000	-5.45%
	17 Nov 1995	£55,000	First Sale
57 PARES WAYDetached, Freehold	08 Sep 2008	£265,000	First Sale
39 PARES WAYDetached, Freehold	14 Oct 2005	£172,000	First Sale
63 PARES WAYDetached, Freehold	04 Oct 2005	£180,000	First Sale
44 PARES WAYDetached, FreeholdArea: 126 Sq.mtrAge: 1967-1975	20 Dec 2004	£185,000	-51.32%
	10 May 2024	£380,000	First Sale
52 PARES WAYDetached, Freehold	12 Aug 2003	£166,000	114.19%
	24 Aug 2000	£77,500	35.96%
	19 Jun 1996	£57,000	First Sale
74 PARES WAYDetached, Freehold	28 Mar 2003	£169,000	69.85%
74 PARES WAYDetached, Freehold	24 Feb 1995	£99,500	First Sale
50 PARES WAYSemi-Detached, Freehold	31 May 2002	£119,950	66.60%
	19 May 2000	£72,000	26.32%
	19 Sep 1997	£57,000	First Sale
64 PARES WAYDetached, Freehold	16 Aug 2001	£187,500	First Sale
40 PARES WAYDetached, Freehold	08 Jan 1998	£67,250	First Sale
46 PARES WAYDetached, Freehold	04 Jul 1997	£58,500	-0.43%
46 PARES WAYDetached, Freehold	30 May 1997	£58,750	First Sale
68 PARES WAYDetached, Freehold	30 Jun 1997	£122,500	First Sale
42 PARES WAYDetached, FreeholdArea: 81 Sq.mtrAge: 1976-1982	19 Jul 1996	£53,500	First Sale
38 PARES WAYDetached, Freehold	16 Jun 1995	£62,000	First Sale
62 PARES WAYDetached, Freehold	07 Mar 2024	£245,000	First Sale

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

PARES WAY, DE72 3TL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the DE72 3TL 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 3TL postcode.

Detached
- The average price is around £226,865 median price is £195,000 Standard Deviation is £141,044 with Total Sold: 487
- The Last 5 Year average price is £370,935 with Total Sold: 102
- 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 £147,772 median price is £152,000 Standard Deviation is £79,658 with Total Sold: 99
- The Last 5 Year average price is £254,612 with Total Sold: 14
- 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 £160,056 median price is £150,000 Standard Deviation is £108,759 with Total Sold: 55
- The Last 5 Year average price is £197,908 with Total Sold: 6
- 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	£409,918	£3,833	25
2022	£435,571	£4,496	14
2021	£384,050	£3,775	19
2020	£331,180	£3,286	25
2019	£278,458	£2,946	12
2018	£322,898	£2,638	21
2017	£276,832	£2,744	17
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	£256,682	£2,868	11
2009	£233,447	£2,063	15
2008	£291,892	£2,477	19
2007	£223,077	£2,168	13
2006	£230,333	£2,313	15
2005	£244,788	£2,130	12
2004	£223,958	£1,863	18
2003	£173,575	£1,796	18
2002	£151,925	£1,507	14
2001	£118,791	£967	22
2000	£100,817	£1,063	18
1999	£91,862	£709	20
1998	£83,436	£888	22
1997	£81,732	£780	17
1996	£72,625	£847	22
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	£336,000	£3,773	2
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	£230,990	£2,577	5
2017	£170,000	£2,500	1
2016	£191,862	£2,059	4
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	£144,917	£1,827	6
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	£163,667	£1,802	3
2004	£158,375	£1,422	4
2002	£119,950		1
2001	£86,417	£964	6
2000	£68,074	£767	6
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	£172,500	£2,330	2
2019	£187,500	£1,876	3
2018	£545,302	£2,534	2
2017	£183,000	£2,128	5
2016	£158,125	£2,235	4
2015	£272,500	£1,833	2
2014	£148,975	£1,928	2
2013	£320,000	£2,406	1
2011	£137,500	£2,138	2
2010	£112,500	£1,406	1
2009	£82,500		1
2008	£150,000		1
2007	£318,000	£2,391	1
2006	£207,500	£2,237	2
2005	£176,975	£2,062	2
2004	£140,000	£2,188	1
2003	£85,000		1
2002	£106,362	£1,330	4
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 3TL area

The most common house types in the DE72 3TL postcode area are Detached (99), Semi-detached (13), and Terraced (7).

Total	119
Detached	99
Semi-detached	13
Terraced	7
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 (56), and Owned: Owns with a mortgage or loan (40).

Owned: Owns outright	56
Owned: Owns with a mortgage or loan	40
Social rented: Other social rented	12
Social rented: Rents from council or Local Authority	8
Private rented: Private landlord or letting agency	3
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the DE72 3TL have 1 person in household (39), and 2 people in household (39).

1 person in household	39
2 people in household	39
3 people in household	21
4 people in household	16
5 people in household	2
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0