Housing Market Analysis for HOBSON DRIVE, DE7 4LL

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £94,957 median price is £70,000 Standard Deviation is £49,194 with Total Sold: 15
- The Last 5 Year average price is £170,000 with Total Sold: 1
- The most recent sale happened at this postcode is 53 HOBSON DRIVE: £170,000 (Sold on 15 Jun 2022)
- The first recorded sale happened at this postcode is 51 HOBSON DRIVE: £39,400 (Sold on 13 Oct 1995)
Detached
- The average price is around £118,890 median price is £140,000 Standard Deviation is £47,346 with Total Sold: 5
- The most recent sale happened at this postcode is 29 HOBSON DRIVE: £160,000 (Sold on 13 Sep 2018)
- The first recorded sale happened at this postcode is 26 HOBSON DRIVE: £37,950 (Sold on 29 Oct 1999)
Terraced
- The average price is around £59,245 median price is £53,975 Standard Deviation is £29,085 with Total Sold: 10
- The most recent sale happened at this postcode is 17 HOBSON DRIVE: £100,000 (Sold on 07 Oct 2016)
- The first recorded sale happened at this postcode is 11 HOBSON DRIVE: £30,500 (Sold on 31 May 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average DE7 4LL 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£170,000	£1,954	1
2016	£145,000	£1,480	1
2015	£159,002	£1,914	2
2008	£100,000		1
2007	£150,000	£1,674	1
2002	£73,390	£714	5
2000	£47,500		2
1996	£40,000		1
1995	£39,400	£440	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£160,000	£2,000	1
2006	£140,000	£1,772	1
2005	£162,500		1
2003	£94,000	£1,190	1
1999	£37,950	£480	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£100,000	£1,205	1
2013	£89,000	£1,072	1
2005	£92,000	£1,108	1
2004	£78,725	£974	2
2001	£31,000	£360	1
2000	£30,000	£345	1
1999	£33,000	£524	1
1996	£30,000	£355	2

All the Sales in the HOBSON DRIVE, DE7 4LL

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

Address	Sold Date	Price	% Change
53 HOBSON DRIVESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1967-1975	15 Jun 2022	£170,000	First Sale
29 HOBSON DRIVEDetached, FreeholdArea: 80 Sq.mtrAge: 1930-1949	13 Sep 2018	£160,000	First Sale
47 HOBSON DRIVESemi-Detached, FreeholdArea: 98 Sq.mtrAge: 1930-1949	08 Dec 2016	£145,000	107.14%
	05 Jul 2002	£70,000	First Sale
17 HOBSON DRIVETerraced, FreeholdArea: 83 Sq.mtrAge: 1900-1929	07 Oct 2016	£100,000	12.36%
	19 Aug 2013	£89,000	-3.26%
	29 Jul 2005	£92,000	211.86%
	28 Jun 1996	£29,500	First Sale
31 HOBSON DRIVESemi-Detached, FreeholdArea: 56 Sq.mtrAge: 1950-1966	18 Dec 2015	£140,005	First Sale
28 HOBSON DRIVESemi-Detached, FreeholdArea: 134 Sq.mtrAge: before 1900	22 May 2015	£178,000	First Sale
44 HOBSON DRIVESemi-Detached, Freehold	30 Sep 2008	£100,000	First Sale
51 HOBSON DRIVESemi-Detached, FreeholdArea: 89.6 Sq.mtrAge: 1930-1949	28 Sep 2007	£150,000	280.71%
	13 Oct 1995	£39,400	First Sale
26 HOBSON DRIVEDetached, FreeholdArea: 79 Sq.mtrAge: before 1900	28 Apr 2006	£140,000	48.94%
	23 May 2003	£94,000	147.69%
	29 Oct 1999	£37,950	First Sale
55 HOBSON DRIVEDetached, Freehold	01 Jul 2005	£162,500	First Sale
18 HOBSON DRIVETerraced, FreeholdArea: 87 Sq.mtrAge: 1900-1929	25 Jun 2004	£82,500	175.00%
	01 Sep 2000	£30,000	First Sale
9 HOBSON DRIVETerraced, FreeholdArea: 75 Sq.mtrAge: before 1900	02 Apr 2004	£74,950	127.12%
	10 Feb 1999	£33,000	First Sale
48 HOBSON DRIVESemi-Detached, Freehold	30 Aug 2002	£119,950	First Sale
20 HOBSON DRIVESemi-Detached, Freehold	12 Apr 2002	£47,000	23.68%
20 HOBSON DRIVESemi-Detached, Freehold	20 Oct 2000	£38,000	First Sale
54 HOBSON DRIVESemi-Detached, Freehold	22 Mar 2002	£70,000	First Sale
14 HOBSON DRIVESemi-Detached, Freehold	08 Feb 2002	£60,000	First Sale
19 HOBSON DRIVETerraced, FreeholdArea: 86 Sq.mtrAge: 1900-1929	31 Jan 2001	£31,000	First Sale
24 HOBSON DRIVESemi-Detached, Freehold	27 Oct 2000	£57,000	First Sale
52 HOBSON DRIVESemi-Detached, Freehold	09 Oct 1996	£40,000	First Sale
11 HOBSON DRIVETerraced, Freehold	31 May 1996	£30,500	First Sale

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

HOBSON DRIVE, DE7 4LL Near By properties

Interactive Map

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

Terraced
- The average price is around £72,839 median price is £70,000 Standard Deviation is £40,886 with Total Sold: 693
- The Last 5 Year average price is £123,298 with Total Sold: 122
- The most recent sale happened at this postcode is , 24 GRAHAM STREET: £114,000 (Sold on 20 Sep 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 £106,949 median price is £108,000 Standard Deviation is £54,341 with Total Sold: 737
- The Last 5 Year average price is £166,863 with Total Sold: 144
- The most recent sale happened at this postcode is , 106 LITTLE HALLAM LANE: £165,000 (Sold on 21 Aug 2024)
- The first recorded sale happened at this postcode is , 165 LITTLE HALLAM LANE: £38,000 (Sold on 04 Jan 1995)
Detached
- The average price is around £174,462 median price is £153,000 Standard Deviation is £101,606 with Total Sold: 437
- The Last 5 Year average price is £279,972 with Total Sold: 85
- The most recent sale happened at this postcode is , 100 STANTON ROAD: £245,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 39A ORCHARD STREET: £44,000 (Sold on 06 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 £341,923 median price is £220,000 Standard Deviation is £407,841 with Total Sold: 49
- The Last 5 Year average price is £263,000 with Total Sold: 23
- 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£139,200	£1,879	10
2023	£126,353	£1,674	17
2022	£124,544	£1,598	24
2021	£133,938	£1,668	26
2020	£112,276	£1,389	23
2019	£111,295	£1,409	22
2018	£104,318	£1,296	28
2017	£87,498	£1,192	23
2016	£83,181	£1,068	16
2015	£74,658	£911	19
2014	£74,890	£900	25
2013	£75,391	£951	16
2012	£68,696	£950	14
2011	£75,676	£910	17
2010	£72,145	£819	13
2009	£78,857	£991	7
2008	£91,308	£1,077	22
2007	£93,587	£1,147	30
2006	£88,454	£1,041	24
2005	£80,148	£1,015	29
2004	£75,072	£949	36
2003	£60,482	£700	32
2002	£44,667	£492	39
2001	£31,133	£396	41
2000	£31,186	£401	30
1999	£31,664	£420	31
1998	£30,172	£364	18
1997	£25,415	£310	27
1996	£26,723	£334	22
1995	£23,438	£290	12

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£198,000	£2,439	11
2023	£183,233	£2,133	18
2022	£190,157	£2,218	22
2021	£166,463	£2,192	35
2020	£146,543	£1,676	23
2019	£147,770	£1,917	35
2018	£155,558	£1,848	26
2017	£137,709	£1,702	41
2016	£129,385	£1,525	36
2015	£125,548	£1,403	21
2014	£109,854	£1,305	28
2013	£114,531	£1,370	16
2012	£94,929	£1,258	7
2011	£95,232	£1,102	17
2010	£105,997	£1,272	16
2009	£119,182	£1,337	11
2008	£123,500	£1,405	21
2007	£131,669	£1,380	31
2006	£118,633	£1,450	35
2005	£115,187	£1,135	16
2004	£99,571	£1,146	29
2003	£90,863	£909	19
2002	£66,671	£779	36
2001	£54,066	£638	25
2000	£47,411	£569	32
1999	£38,686	£473	29
1998	£40,485	£439	30
1997	£37,359	£477	29
1996	£38,177	£443	24
1995	£39,994	£446	18

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£245,833	£3,104	6
2023	£312,773	£3,119	11
2022	£280,271	£2,847	24
2021	£284,005	£2,832	20
2020	£257,750	£2,856	12
2019	£281,875	£2,477	12
2018	£207,063	£2,099	15
2017	£236,627	£2,074	22
2016	£235,532	£1,831	11
2015	£188,297	£1,938	15
2014	£193,222	£1,698	18
2013	£145,667	£1,676	18
2012	£166,562	£1,552	8
2011	£211,117	£1,775	12
2010	£199,000	£1,791	9
2009	£196,049	£1,480	5
2008	£198,742	£1,489	6
2007	£211,591	£1,888	16
2006	£167,835	£1,984	13
2005	£170,586	£1,787	11
2004	£173,931	£1,770	12
2003	£158,264	£1,579	11
2002	£129,938	£1,048	17
2001	£97,259	£854	17
2000	£74,331	£804	18
1999	£89,724	£851	62
1998	£75,928	£768	7
1997	£84,075	£643	10
1996	£75,677	£646	11
1995	£68,250	£614	8

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£100,000		1
2023	£123,486	£2,283	7
2022	£137,500		3
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	£128,350		1
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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£277,000	£2,564	5
2022	£290,667	£3,185	3
2021	£349,200	£2,495	5
2020	£182,625	£2,937	8
2019	£292,500		2
2018	£128,898	£2,353	6
2017	£219,000	£2,447	4
2016	£403,828	£6,834	7
2015	£368,750	£9,412	4
2014	£1,507,350		3
2013	£116,000		2

House Type in DE7 4LL area

The most common house types in the DE7 4LL postcode area are Semi-detached (73), Detached (54), and Terraced (9).

Total	137
Semi-detached	73
Detached	54
Terraced	9
Shared house	1
Flat	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 (71), and Owned: Owns with a mortgage or loan (52).

Owned: Owns outright	71
Owned: Owns with a mortgage or loan	52
Private rented: Private landlord or letting agency	8
Social rented: Other social rented	4
Private rented: Other private rented	3
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the DE7 4LL have 2 people in household (49), and 1 person in household (33).

2 people in household	49
1 person in household	33
3 people in household	26
4 people in household	25
5 people in household	3
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0