Housing Market Analysis for DERWENT AVENUE, DE7 8ED

Are you looking to understand DE7 8ED 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 8ED area, explore the DE7 8ED Area information page.
For comprehensive crime statistics in the DE7 8ED area, explore the DE7 8ED Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the DE7 8ED postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £80,404 median price is £73,000 Standard Deviation is £43,282 with Total Sold: 9
    • The Last 5 Year average price is £187,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 17 DERWENT AVENUE: £85,000 (Sold on 16 Jun 2017)
    • The first recorded sale happened at this postcode is 15 DERWENT AVENUE: £187,500 (Sold on 16 Aug 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average DE7 8ED 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£85,000 £1,308 1
2009£70,250 £905 2
2007£86,750 £1,259 2
2004£73,0001
2003£45,0001
2002£19,140 £262 1
2024£187,5001

All the Sales in the DERWENT AVENUE, DE7 8ED

See the table below for more details on the sold house prices in the DE7 8ED, Erewash postcode.

AddressSold DatePrice% Change
17 DERWENT AVENUETerraced, FreeholdArea: 65 Sq.mtrAge: 1930-194916 Jun 2017£85,0001.19%
18 May 2007£84,000First Sale
15 DERWENT AVENUETerraced, FreeholdArea: 86.12 Sq.mtrAge: 1930-194922 Oct 2009£68,500-63.47%
16 Aug 2024£187,500First Sale
9 DERWENT AVENUETerraced, FreeholdArea: 70.9 Sq.mtrAge: 1950-196622 May 2009£72,000First Sale
1 DERWENT AVENUETerraced, FreeholdArea: 73 Sq.mtrAge: 1930-194931 Aug 2007£89,500First Sale
6 DERWENT AVENUETerraced, Freehold13 Aug 2004£73,00062.22%
30 May 2003£45,000First Sale
13 DERWENT AVENUETerraced, FreeholdArea: 73 Sq.mtrAge: 1930-194918 Mar 2002£19,140First Sale

Check out the sold house prices near the DE7 8ED postcode. Properties currently for saleProperties currently for rent

DERWENT AVENUE, DE7 8ED Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the DE7 8ED 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 8ED postcode.

  • Semi-Detached
    • The average price is around £95,881 median price is £91,975 Standard Deviation is £49,784 with Total Sold: 1,068
    • The Last 5 Year average price is £168,927 with Total Sold: 155
    • The most recent sale happened at this postcode is , 6 NORTHFIELD AVENUE: £160,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 153 NEWSTEAD ROAD SOUTH: £39,000 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £102,439 median price is £93,750 Standard Deviation is £53,350 with Total Sold: 788
    • The Last 5 Year average price is £153,721 with Total Sold: 149
    • The most recent sale happened at this postcode is , 15 DERWENT AVENUE: £187,500 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 19 LYNMOUTH DRIVE: £28,500 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £139,112 median price is £125,000 Standard Deviation is £72,674 with Total Sold: 846
    • The Last 5 Year average price is £250,342 with Total Sold: 99
    • The most recent sale happened at this postcode is , 7 STOPPARD CLOSE: £365,000 (Sold on 05 Aug 2024)
    • The first recorded sale happened at this postcode is , 20 ILFORD CLOSE: £59,995 (Sold on 26 Jan 1995)
  • Flat
    • The average price is around £80,979 median price is £84,000 Standard Deviation is £25,428 with Total Sold: 77
    • The Last 5 Year average price is £96,680 with Total Sold: 22
    • The most recent sale happened at this postcode is , 2 LITTLE MEADOW CLOSE: £120,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 4 MILLBANK CLOSE: £27,500 (Sold on 24 May 1996)
  • Other
    • The average price is around £423,931 median price is £250,000 Standard Deviation is £498,837 with Total Sold: 55
    • The Last 5 Year average price is £473,952 with Total Sold: 21
    • The most recent sale happened at this postcode is , ILKESTON CO-OP TRAVEL MERCIAN CLOSE: £1,200,000 (Sold on 06 Mar 2024)
    • The first recorded sale happened at this postcode is UNIT 5, ASHBOURNE COURT MANNERS AVENUE: £250,000 (Sold on 24 Mar 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£170,318 £3,120 11
2023£197,676 £2,461 17
2022£187,931 £2,649 34
2021£167,722 £2,128 27
2020£150,729 £2,175 35
2019£153,418 £1,955 31
2018£138,656 £1,740 16
2017£125,840 £1,840 30
2016£126,586 £1,621 27
2015£138,200 £1,650 28
2014£115,087 £1,570 23
2013£115,037 £1,601 31
2012£107,791 £1,461 22
2011£103,352 £1,504 24
2010£111,942 £2,462 17
2009£110,602 £1,675 18
2008£113,857 £1,543 23
2007£129,495 £1,767 37
2006£111,446 £1,496 49
2005£113,893 £1,513 37
2004£108,080 £1,459 54
2003£84,983 £1,353 42
2002£68,822 £955 62
2001£55,722 £790 56
2000£49,708 £665 44
1999£45,142 £645 63
1998£44,548 £764 44
1997£42,585 £653 54
1996£45,815 £648 69
1995£38,302 £587 43
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£177,600 £1,703 5
2023£180,797 £2,247 31
2022£158,375 £2,396 19
2021£144,258 £1,799 32
2020£139,730 £1,658 28
2019£143,348 £1,679 34
2018£124,887 £1,472 31
2017£140,171 £1,450 17
2016£120,857 £1,612 21
2015£127,583 £1,446 41
2014£124,426 £1,458 49
2013£110,005 £1,268 39
2012£115,945 £1,229 20
2011£119,349 £1,378 29
2010£128,119 £1,376 35
2009£95,833 £1,181 12
2008£84,832 £1,109 15
2007£100,488 £1,605 20
2006£111,617 £1,543 26
2005£83,390 £1,210 24
2004£90,148 £1,264 25
2003£71,937 £1,135 28
2002£57,321 £770 27
2001£40,206 £624 36
2000£53,365 £824 37
1999£44,140 £621 29
1998£36,025 £569 14
1997£45,477 £636 12
1996£45,890 £679 29
1995£39,504 £644 23
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£335,000 £3,398 4
2023£256,240 £2,950 15
2022£296,605 £3,024 19
2021£246,918 £2,473 14
2020£227,115 £2,492 30
2019£217,324 £2,528 17
2018£213,861 £2,413 14
2017£192,614 £2,203 22
2016£190,417 £2,276 18
2015£189,650 £1,803 23
2014£169,165 £1,700 30
2013£163,787 £1,790 19
2012£140,578 £1,613 10
2011£148,804 £1,689 14
2010£179,500 £1,615 17
2009£199,579 £1,686 17
2008£160,338 £1,514 20
2007£187,216 £2,010 25
2006£168,638 £1,821 33
2005£156,433 £1,590 26
2004£159,688 £1,732 37
2003£139,997 £1,445 33
2002£115,938 £1,246 41
2001£88,909 £892 48
2000£82,455 £751 29
1999£79,461 £818 59
1998£82,857 £811 58
1997£74,763 £791 61
1996£68,882 £746 67
1995£62,863 £704 26
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£118,500 £2,093 2
2023£118,000 £2,107 1
2022£117,000 £2,091 4
2021£89,325 £1,691 6
2020£94,667 £1,381 3
2019£80,667 £1,418 6
2018£97,375 £1,496 4
2017£67,475 £1,774 2
2016£82,650 £1,444 3
2015£81,544 £1,340 11
2014£83,387 £1,370 9
2013£94,996 £1,361 4
2012£75,799 £1,260 5
2011£79,934 £1,622 7
2008£40,250 £581 2
2006£89,950 £3,154 1
2004£35,000 £778 1
2003£44,500 £916 2
2001£8,301 £211 2
1999£31,500 £1,104 1
1996£27,500 £964 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£650,0003
2023£460,2005
2022£397,0002
2021£497,500 £1,604 4
2020£164,000 £1,711 2
2019£518,0005
2018£115,282 £1,496 5
2017£505,282 £1,744 11
2016£303,750 £2,073 8
2015£287,033 £845 6
2014£769,1254

House Type in DE7 8ED area

The most common house types in the DE7 8ED postcode area are Semi-detached (72), Terraced (54), and Detached (12).

Total141
Semi-detached72
Terraced54
Detached12
Flat2
Shared house1
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 (44), and Owned: Owns outright (30).

Owned: Owns with a mortgage or loan44
Owned: Owns outright30
Social rented: Other social rented29
Private rented: Private landlord or letting agency18
Social rented: Rents from council or Local Authority17
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 8ED have 2 people in household (45), and 3 people in household (37).

2 people in household45
3 people in household37
1 person in household26
4 people in household19
5 people in household8
6 people in household5
0 people in household0
7 people in household0
8 or more people in household0