Housing Market Analysis for FESTIVAL ROAD, DE7 4EY

Are you looking to understand DE7 4EY 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 DE7 4EY area, explore the DE7 4EY Area information page.
For comprehensive crime statistics in the DE7 4EY area, explore the DE7 4EY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the DE7 4EY postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £104,295 median price is £93,000 Standard Deviation is £48,485 with Total Sold: 11
    • The Last 5 Year average price is £171,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 6 FESTIVAL ROAD: £202,000 (Sold on 27 Feb 2024)
    • The first recorded sale happened at this postcode is 8 FESTIVAL ROAD: £35,250 (Sold on 17 Jul 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average DE7 4EY 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£202,0001
2021£140,000 £1,667 1
2019£143,000 £1,765 1
2018£145,000 £1,790 1
2017£93,000 £1,148 1
2016£120,000 £1,481 1
2013£81,250 £973 2
2003£68,5001
2001£38,0001
1998£35,2501

All the Sales in the FESTIVAL ROAD, DE7 4EY

See the table below for more details on the sold house prices in the DE7 4EY, Erewash postcode.

AddressSold DatePrice% Change
6 FESTIVAL ROADSemi-Detached, Freehold27 Feb 2024£202,00041.26%
30 Aug 2019£143,00019.17%
01 Aug 2016£120,000First Sale
5 FESTIVAL ROADSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1950-196602 Jul 2021£140,00069.70%
12 Jul 2013£82,500First Sale
7 FESTIVAL ROADSemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1950-196603 Aug 2018£145,00055.91%
25 Sep 2017£93,000First Sale
11 FESTIVAL ROADSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1967-197522 Feb 2013£80,000First Sale
9 FESTIVAL ROADSemi-Detached, Freehold11 Jul 2003£68,500First Sale
8 FESTIVAL ROADSemi-Detached, Freehold12 Apr 2001£38,0007.80%
17 Jul 1998£35,250First Sale

Check out the sold house prices near the DE7 4EY postcode. Properties currently for saleProperties currently for rent

FESTIVAL ROAD, DE7 4EY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the DE7 4EY 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 DE7 4EY postcode.

  • Semi-Detached
    • The average price is around £97,395 median price is £95,000 Standard Deviation is £47,928 with Total Sold: 1,029
    • The Last 5 Year average price is £165,179 with Total Sold: 152
    • The most recent sale happened at this postcode is , 2 AVONDALE ROAD: £155,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 277 GODFREY DRIVE: £41,000 (Sold on 27 Jan 1995)
  • Terraced
    • The average price is around £85,389 median price is £86,500 Standard Deviation is £36,682 with Total Sold: 363
    • The Last 5 Year average price is £136,792 with Total Sold: 51
    • The most recent sale happened at this postcode is , 8 KENILWORTH DRIVE: £147,500 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 117 WIRKSWORTH ROAD: £26,500 (Sold on 15 May 1995)
  • Other
    • The average price is around £127,661 median price is £92,500 Standard Deviation is £118,858 with Total Sold: 14
    • The Last 5 Year average price is £161,333 with Total Sold: 3
    • The most recent sale happened at this postcode is , 38A QUEEN ELIZABETH WAY: £275,000 (Sold on 01 Aug 2024)
    • The first recorded sale happened at this postcode is , 28 - 32 QUEEN ELIZABETH WAY: £257,500 (Sold on 11 Jun 2014)
  • Detached
    • The average price is around £144,547 median price is £135,000 Standard Deviation is £86,882 with Total Sold: 118
    • The Last 5 Year average price is £241,469 with Total Sold: 18
    • The most recent sale happened at this postcode is , 96 LADYWOOD ROAD: £258,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 130 LADYWOOD ROAD: £50,000 (Sold on 28 Apr 1995)
  • Flat
    • The average price is around £61,995 median price is £80,000 Standard Deviation is £24,563 with Total Sold: 5
    • The most recent sale happened at this postcode is , 30A QUEEN ELIZABETH WAY: £80,000 (Sold on 16 May 2005)
    • The first recorded sale happened at this postcode is , 1 MARSHALL WAY: £25,500 (Sold on 15 Dec 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£190,464 £2,045 14
2023£174,536 £2,337 28
2022£174,484 £2,107 32
2021£164,439 £1,951 45
2020£138,500 £1,734 33
2019£146,216 £1,731 52
2018£138,877 £1,675 35
2017£126,479 £1,510 50
2016£114,439 £1,402 48
2015£109,749 £1,345 44
2014£103,190 £1,327 20
2013£95,381 £1,108 43
2012£91,395 £1,123 29
2011£92,607 £1,108 29
2010£96,400 £1,138 23
2009£80,482 £922 28
2008£104,971 £1,254 21
2007£108,215 £1,260 26
2006£101,959 £1,169 44
2005£95,822 £1,157 37
2004£87,515 £1,053 44
2003£72,203 £902 31
2002£57,000 £656 36
2001£44,614 £478 40
2000£37,194 £431 31
1999£35,902 £439 41
1998£36,974 £427 42
1997£38,436 £443 32
1996£31,834 £388 28
1995£32,891 £415 23
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£121,1254
2023£152,438 £2,192 8
2022£149,359 £2,071 11
2021£135,909 £1,890 17
2020£119,909 £1,723 11
2019£112,914 £1,562 18
2018£110,673 £1,443 24
2017£106,366 £1,482 19
2016£94,811 £1,375 9
2015£95,088 £1,277 20
2014£86,344 £1,249 16
2013£80,333 £1,052 9
2012£78,282 £1,059 14
2011£69,802 £879 8
2010£83,188 £973 8
2009£78,875 £929 4
2008£92,186 £995 7
2007£95,742 £1,310 20
2006£84,537 £1,192 24
2005£86,250 £1,200 8
2004£77,942 £1,033 18
2003£57,669 £757 14
2002£48,589 £676 9
2001£36,961 £504 14
2000£31,533 £417 12
1999£25,360 £331 11
1998£27,917 £371 9
1997£27,517 £371 9
1996£28,2504
1995£25,499 £345 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£275,0001
2022£185,000 £1,745 1
2020£24,0001
2019£189,5002
2018£12,312 £113 4
2017£140,000 £1,379 2
2016£80,0001
2014£257,500 £2,566 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£316,500 £2,930 2
2023£277,500 £2,921 1
2022£220,000 £2,738 2
2021£220,333 £2,409 6
2020£239,136 £2,760 7
2019£185,667 £2,014 3
2018£227,500 £2,106 6
2017£202,875 £2,137 4
2016£162,990 £1,893 5
2015£153,988 £2,050 4
2014£124,492 £1,675 6
2013£133,750 £2,000 2
2012£113,000 £1,920 4
2011£154,500 £1,467 3
2010£128,400 £1,511 5
2009£126,500 £1,301 4
2008£133,667 £1,305 3
2007£142,167 £1,382 3
2006£305,508 £1,091 3
2005£140,333 £1,989 3
2004£155,333 £1,324 3
2003£116,467 £1,166 6
2002£75,167 £1,065 3
2001£80,917 £818 6
2000£72,475 £708 6
1999£56,475 £681 2
1998£59,175 £1,091 4
1997£54,706 £665 7
1996£60,0001
1995£49,875 £530 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£82,500 £822 2
2003£80,0001
2000£39,4751
1995£25,500 £278 1

House Type in DE7 4EY area

The most common house types in the DE7 4EY postcode area are Semi-detached (78), Terraced (35), and Detached (1).

Total114
Semi-detached78
Terraced35
Detached1
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (35), and Owned: Owns outright (34).

Owned: Owns with a mortgage or loan35
Owned: Owns outright34
Social rented: Other social rented27
Private rented: Private landlord or letting agency11
Social rented: Rents from council or Local Authority4
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the DE7 4EY have 1 person in household (37), and 2 people in household (31).

1 person in household37
2 people in household31
3 people in household27
4 people in household9
5 people in household7
6 people in household2
7 people in household1
0 people in household0
8 or more people in household0