Housing Market Analysis for HOBSON DRIVE, DE7 4LJ

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £128,817 median price is £47,500 Standard Deviation is £121,095 with Total Sold: 3
    • The Last 5 Year average price is £300,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 40 HOBSON DRIVE: £300,000 (Sold on 26 Aug 2022)
    • The first recorded sale happened at this postcode is 42 HOBSON DRIVE: £38,950 (Sold on 15 May 1996)
  • Detached
    • The average price is around £205,000 median price is £205,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £205,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 33 HOBSON DRIVE: £205,000 (Sold on 02 Mar 2022)
    • The first recorded sale happened at this postcode is 33 HOBSON DRIVE: £205,000 (Sold on 02 Mar 2022)

Sold Price Trend Over the Years:

Below table and chart gives the average DE7 4LJ 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
2022£300,000 £2,564 1
2000£47,5001
1996£38,9501
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£205,000 £2,971 1

All the Sales in the HOBSON DRIVE, DE7 4LJ

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

AddressSold DatePrice% Change
40 HOBSON DRIVESemi-Detached, FreeholdArea: 117 Sq.mtrAge: 1930-194926 Aug 2022£300,000First Sale
33 HOBSON DRIVEDetached, FreeholdArea: 69 Sq.mtrAge: 1950-196602 Mar 2022£205,000First Sale
42 HOBSON DRIVESemi-Detached, Freehold22 Sep 2000£47,50021.95%
15 May 1996£38,950First Sale

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

HOBSON DRIVE, DE7 4LJ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £175,481 median price is £155,000 Standard Deviation is £100,535 with Total Sold: 407
    • The Last 5 Year average price is £278,327 with Total Sold: 76
    • The most recent sale happened at this postcode is , 15 CHARTER PARK: £352,500 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 82 DERBY ROAD: £65,000 (Sold on 13 Feb 1995)
  • Terraced
    • The average price is around £74,539 median price is £71,000 Standard Deviation is £41,368 with Total Sold: 465
    • The Last 5 Year average price is £123,207 with Total Sold: 88
    • The most recent sale happened at this postcode is , 63 LOWER STANTON ROAD: £145,000 (Sold on 29 Aug 2024)
    • The first recorded sale happened at this postcode is , 5 UNION ROAD: £27,000 (Sold on 13 Jan 1995)
  • Semi-Detached
    • The average price is around £106,813 median price is £106,430 Standard Deviation is £55,057 with Total Sold: 592
    • The Last 5 Year average price is £168,306 with Total Sold: 119
    • The most recent sale happened at this postcode is , 51 WHITWORTH ROAD: £175,000 (Sold on 23 Jul 2024)
    • The first recorded sale happened at this postcode is , 1 CEDAR PARK: £38,500 (Sold on 05 Jan 1995)
  • Flat
    • The average price is around £85,778 median price is £85,250 Standard Deviation is £35,996 with Total Sold: 48
    • The Last 5 Year average price is £113,068 with Total Sold: 17
    • The most recent sale happened at this postcode is 3, ADDISON HOUSE PARK ROAD: £100,000 (Sold on 12 Apr 2024)
    • The first recorded sale happened at this postcode is , 4 CEDAR PARK: £37,000 (Sold on 30 Aug 1995)
  • Other
    • The average price is around £361,601 median price is £220,000 Standard Deviation is £450,486 with Total Sold: 39
    • The Last 5 Year average price is £290,200 with Total Sold: 20
    • The most recent sale happened at this postcode is , 60 CAVENDISH ROAD: £215,000 (Sold on 01 Dec 2023)
    • The first recorded sale happened at this postcode is , ILKESTON BOWL DERBY ROAD: £82,000 (Sold on 24 Sep 2013)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£259,583 £3,104 6
2023£329,688 £3,182 8
2022£267,833 £2,853 21
2021£289,186 £2,838 18
2020£257,750 £2,856 12
2019£275,909 £2,561 11
2018£205,563 £2,171 15
2017£241,800 £2,105 21
2016£258,656 £1,977 9
2015£192,269 £2,020 13
2014£197,823 £1,721 18
2013£151,233 £1,800 15
2012£166,562 £1,552 8
2011£211,117 £1,775 12
2010£198,800 £1,880 10
2009£182,561 £1,350 4
2008£186,083 £1,595 6
2007£201,968 £1,795 17
2006£182,591 £2,051 15
2005£170,161 £1,869 9
2004£191,697 £1,846 11
2003£158,264 £1,579 11
2002£133,214 £1,057 14
2001£99,697 £826 15
2000£72,644 £804 17
1999£89,064 £851 61
1998£75,928 £768 7
1997£69,500 £616 7
1996£71,944 £646 9
1995£71,714 £656 7
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£139,583 £1,717 6
2023£134,200 £1,822 10
2022£126,415 £1,665 17
2021£137,689 £1,818 18
2020£107,750 £1,381 17
2019£110,175 £1,387 20
2018£111,960 £1,442 20
2017£86,861 £1,244 18
2016£80,162 £1,095 12
2015£76,036 £928 14
2014£77,281 £926 16
2013£76,604 £997 12
2012£70,187 £966 12
2011£76,625 £1,086 8
2010£70,717 £804 11
2009£75,333 £919 6
2008£94,027 £1,133 14
2007£89,858 £1,146 20
2006£84,954 £1,040 12
2005£78,612 £1,076 17
2004£74,920 £978 23
2003£58,941 £703 24
2002£44,180 £491 27
2001£31,483 £402 26
2000£30,883 £420 20
1999£33,900 £478 21
1998£29,138 £362 12
1997£25,750 £279 14
1996£29,829 £360 12
1995£22,000 £289 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£206,000 £2,955 8
2023£185,512 £2,136 16
2022£198,821 £2,303 17
2021£165,722 £2,135 26
2020£148,950 £1,694 20
2019£148,264 £1,920 32
2018£151,550 £1,860 21
2017£140,468 £1,657 17
2016£129,397 £1,515 30
2015£126,278 £1,414 18
2014£116,121 £1,362 24
2013£117,036 £1,390 14
2012£94,929 £1,258 7
2011£94,996 £1,073 14
2010£103,688 £1,224 13
2009£115,800 £1,309 10
2008£124,594 £1,371 16
2007£131,101 £1,411 28
2006£118,156 £1,458 27
2005£121,500 £1,189 11
2004£100,021 £1,186 24
2003£89,197 £985 15
2002£68,900 £790 28
2001£53,037 £580 19
2000£48,317 £589 29
1999£42,343 £494 23
1998£40,698 £431 27
1997£37,718 £471 25
1996£36,515 £422 17
1995£40,619 £450 16
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£100,0001
2023£123,486 £2,283 7
2022£137,5003
2021£88,000 £1,630 1
2020£96,000 £2,257 3
2019£84,625 £1,551 2
2018£69,750 £1,545 4
2017£78,000 £1,322 1
2016£60,250 £1,012 2
2015£68,000 £1,403 2
2014£47,000 £1,076 2
2013£67,500 £1,298 1
2011£50,000 £966 1
2010£69,950 £1,295 1
2008£119,662 £2,218 3
2007£120,495 £2,180 4
2005£128,3501
2004£67,000 £1,426 1
2001£35,950 £599 1
2000£32,000 £780 1
1999£30,000 £508 1
1998£29,000 £617 1
1997£33,333 £807 3
1995£37,000 £715 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£277,000 £2,564 5
2022£290,667 £3,185 3
2021£320,500 £2,495 4
2020£160,000 £1,616 6
2019£652,5002
2018£128,898 £2,353 6
2017£245,333 £3,386 3
2016£560,0001
2015£368,750 £9,412 4
2014£1,507,3503
2013£116,0002

House Type in DE7 4LJ area

The most common house types in the DE7 4LJ postcode area are Semi-detached (61), Detached (60), and Terraced (4).

Total125
Semi-detached61
Detached60
Terraced4
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 outright (80), and Owned: Owns with a mortgage or loan (35).

Owned: Owns outright80
Owned: Owns with a mortgage or loan35
Private rented: Private landlord or letting agency5
Private rented: Other private rented4
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the DE7 4LJ have 2 people in household (53), and 1 person in household (36).

2 people in household53
1 person in household36
3 people in household17
4 people in household16
5 people in household4
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0