Housing Market Analysis for MERLIN WAY, DE7 4RA

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

Overview of Sold House prices

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

  • Other
    • The average price is around £404,107 median price is £340,000 Standard Deviation is £301,717 with Total Sold: 13
    • The Last 5 Year average price is £120,000 with Total Sold: 3
    • The most recent sale happened at this postcode is UNIT 5, HERON COURT MERLIN WAY: £85,000 (Sold on 16 Feb 2023)
    • The first recorded sale happened at this postcode is UNIT 9, STANTON COURT MERLIN WAY: £112,800 (Sold on 15 Dec 2014)
  • Terraced
    • The average price is around £80,500 median price is £80,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is UNIT 2, 18A MERLIN WAY: £80,500 (Sold on 19 Feb 2009)
    • The first recorded sale happened at this postcode is UNIT 2, 18A MERLIN WAY: £80,500 (Sold on 19 Feb 2009)
  • Detached
    • The average price is around £150,000 median price is £150,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is JOUAN LTD MERLIN WAY: £150,000 (Sold on 10 Oct 2002)
    • The first recorded sale happened at this postcode is JOUAN LTD MERLIN WAY: £150,000 (Sold on 10 Oct 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average DE7 4RA 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£85,0001
2021£150,0001
2020£125,0001
2019£320,0003
2018£547,7962
2017£537,5002
2015£825,0002
2014£112,8001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2009£80,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£150,0001

All the Sales in the MERLIN WAY, DE7 4RA

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

AddressSold DatePrice% Change
UNIT 5, HERON COURT MERLIN WAYOther, Freehold16 Feb 2023£85,000First Sale
UNIT 2, HERON COURT MERLIN WAYOther, Freehold28 May 2021£150,000First Sale
UNIT 2, BLOCK 21 MERLIN WAYOther, Freehold20 Aug 2020£125,000First Sale
ORION PRINT MERLIN WAYOther, Freehold16 Jul 2019£450,000First Sale
BREASTON CHAIRFRAMES MERLIN WAYOther, Freehold26 Apr 2019£340,000First Sale
UNIT 1, HERON COURT MERLIN WAYOther, Freehold07 Feb 2019£170,000First Sale
MANOR HOUSE MERLIN WAYOther, Freehold17 Aug 2018£674,093First Sale
M L AUTOMOTIVE LTD MERLIN WAYOther, Freehold03 Jul 2018£421,500First Sale
PEREGRINE HOUSE MERLIN WAYOther, Freehold07 Sep 2017£930,000First Sale
UNIT 3, HERON COURT MERLIN WAYOther, Freehold19 Jun 2017£145,000First Sale
UNITS 1-3, DELTA COURT MERLIN WAYOther, Freehold04 Aug 2015£930,000First Sale
DELTA AIRCRAFT SERVICES LTD MERLIN WAYOther, Freehold19 May 2015£720,000First Sale
UNIT 9, STANTON COURT MERLIN WAYOther, Freehold15 Dec 2014£112,800First Sale
UNIT 2, 18A MERLIN WAYTerraced, Freehold19 Feb 2009£80,500First Sale
JOUAN LTD MERLIN WAYDetached, Freehold10 Oct 2002£150,000First Sale

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

MERLIN WAY, DE7 4RA Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £99,049 median price is £102,000 Standard Deviation is £42,906 with Total Sold: 439
    • The Last 5 Year average price is £152,035 with Total Sold: 47
    • The most recent sale happened at this postcode is , 12 KINGSTON AVENUE: £140,000 (Sold on 04 Sep 2024)
    • The first recorded sale happened at this postcode is , 2 HALLAM FIELDS ROAD: £30,000 (Sold on 25 Aug 1995)
  • Detached
    • The average price is around £143,839 median price is £130,500 Standard Deviation is £65,668 with Total Sold: 280
    • The Last 5 Year average price is £267,908 with Total Sold: 25
    • The most recent sale happened at this postcode is , 23 SPARROW CLOSE: £290,000 (Sold on 12 Aug 2024)
    • The first recorded sale happened at this postcode is , 49 KINGSTON AVENUE: £116,000 (Sold on 03 Jan 1997)
  • Semi-Detached
    • The average price is around £101,766 median price is £97,475 Standard Deviation is £45,487 with Total Sold: 554
    • The Last 5 Year average price is £172,251 with Total Sold: 61
    • The most recent sale happened at this postcode is , 40 MALTHOUSE ROAD: £215,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 77 KINGSTON AVENUE: £20,000 (Sold on 09 Jan 1995)
  • Other
    • The average price is around £366,685 median price is £269,500 Standard Deviation is £283,216 with Total Sold: 40
    • The Last 5 Year average price is £371,500 with Total Sold: 12
    • The most recent sale happened at this postcode is , UNIT 4 KESTREL CLOSE: £45,000 (Sold on 01 Jul 2024)
    • The first recorded sale happened at this postcode is , MONITOR ENVIRONMENTAL LTD CROMPTON ROAD: £240,000 (Sold on 11 Oct 2013)
  • Flat
    • The average price is around £80,987 median price is £78,000 Standard Deviation is £11,787 with Total Sold: 21
    • The Last 5 Year average price is £99,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , 95 CORPORATION ROAD: £110,000 (Sold on 20 Dec 2021)
    • The first recorded sale happened at this postcode is , 76 MALTHOUSE ROAD: £60,000 (Sold on 24 Nov 2006)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£170,667 £1,897 6
2023£157,333 £2,106 6
2022£177,714 £2,394 7
2021£142,486 £2,039 18
2020£136,890 £1,778 10
2019£129,414 £1,775 18
2018£132,128 £1,888 19
2017£124,036 £1,639 14
2016£95,575 £1,384 6
2015£112,450 £1,457 20
2014£114,750 £1,551 18
2013£98,967 £1,354 15
2012£118,898 £1,471 10
2011£106,142 £1,366 14
2010£108,498 £1,376 12
2009£108,349 £3,083 10
2008£94,410 £1,701 7
2007£101,336 £1,390 24
2006£99,264 £1,584 13
2005£116,053 £1,813 42
2004£102,525 £1,662 32
2003£78,578 £1,241 9
2002£57,066 £838 16
2001£46,422 £666 16
2000£55,392 £838 27
1999£44,768 £664 26
1998£40,307 £743 7
1997£30,188 £384 8
1996£25,299 £224 5
1995£29,125 £283 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£290,0001
2023£236,875 £3,027 4
2022£329,500 £2,953 6
2021£252,028 £2,637 9
2020£242,990 £2,302 5
2019£183,875 £2,248 4
2018£225,166 £2,407 6
2017£190,707 £2,149 7
2016£186,350 £1,820 10
2015£168,041 £6,346 11
2014£157,778 £1,732 9
2013£168,875 £1,680 6
2012£164,000 £1,763 4
2011£172,000 £1,397 4
2010£198,400 £1,877 5
2009£145,625 £1,523 8
2008£181,500 £1,785 6
2007£183,828 £1,783 9
2006£172,127 £1,767 11
2005£156,166 £1,805 9
2004£164,359 £1,694 11
2003£124,142 £1,501 6
2002£106,674 £1,062 31
2001£102,108 £994 10
2000£83,771 £935 24
1999£88,926 £858 44
1998£81,431 £846 19
1997£116,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£214,0004
2023£189,667 £2,596 9
2022£184,250 £2,459 10
2021£164,423 £2,380 22
2020£155,281 £2,068 16
2019£148,078 £2,059 16
2018£154,395 £1,919 12
2017£140,092 £1,977 13
2016£133,035 £1,820 13
2015£115,931 £1,708 8
2014£120,667 £1,523 6
2013£122,921 £1,551 7
2012£97,333 £1,385 9
2011£118,999 £1,661 8
2010£130,092 £1,496 20
2009£114,130 £1,829 7
2008£110,270 £1,770 6
2007£130,388 £1,864 20
2006£121,806 £1,666 27
2005£119,041 £1,621 42
2004£107,317 £1,570 30
2003£85,008 £1,228 25
2002£70,810 £1,036 38
2001£56,694 £826 25
2000£63,144 £872 55
1999£60,124 £816 49
1998£59,329 £874 41
1997£31,000 £471 3
1996£26,710 £341 5
1995£33,625 £400 8
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£45,0001
2023£203,667 £2,667 3
2022£287,5002
2021£720,5004
2020£172,5002
2019£369,8577
2018£381,8984
2017£523,4005
2016£171,800 £146 5
2015£620,0003
2014£172,2673
2013£240,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£102,000 £11,777 2
2020£95,000 £1,604 1
2018£87,125 £10,195 2
2016£62,995 £1,658 1
2015£76,333 £16,777 3
2010£76,927 £7,937 7
2009£84,249 £15,797 4
2006£60,0001

House Type in DE7 4RA area

The most common house types in the DE7 4RA postcode area are Semi-detached (71), Terraced (22), and Flat (8).

Total102
Semi-detached71
Terraced22
Flat8
Detached1
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 (39), and Social rented: Other social rented (27).

Owned: Owns with a mortgage or loan39
Social rented: Other social rented27
Owned: Owns outright18
Private rented: Private landlord or letting agency10
Shared ownership: Shared ownership6
Does not apply0
Social rented: Rents from council or Local Authority0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the DE7 4RA have 1 person in household (29), and 2 people in household (28).

1 person in household29
2 people in household28
3 people in household24
4 people in household16
5 people in household2
8 or more people in household1
0 people in household0
6 people in household0
7 people in household0