Housing Market Analysis for REDLAND CLOSE, DE7 8LR

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £87,175 median price is £94,000 Standard Deviation is £32,117 with Total Sold: 32
- The Last 5 Year average price is £132,500 with Total Sold: 2
- The most recent sale happened at this postcode is 9 REDLAND CLOSE: £145,000 (Sold on 31 Jan 2022)
- The first recorded sale happened at this postcode is 5 REDLAND CLOSE: £10,000 (Sold on 24 Nov 1995)
Terraced
- The average price is around £44,250 median price is £44,250 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 20 REDLAND CLOSE: £44,250 (Sold on 26 Nov 1999)
- The first recorded sale happened at this postcode is 20 REDLAND CLOSE: £44,250 (Sold on 26 Nov 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average DE7 8LR 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	£145,000	£2,197	1
2019	£120,000	£1,818	1
2017	£118,000	£1,576	2
2015	£120,275	£1,628	2
2013	£102,000	£1,420	2
2012	£90,000	£1,286	1
2010	£82,500	£1,131	2
2009	£100,000	£1,515	1
2007	£107,375	£1,453	4
2005	£95,000	£1,418	1
2004	£102,488	£1,426	4
2003	£86,000	£1,187	2
2002	£63,450	£964	2
2000	£45,000	£572	1
1999	£42,500		1
1998	£41,750	£642	1
1997	£34,500	£402	1
1996	£40,975	£594	2
1995	£10,000	£143	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
1999	£44,250	£670	1

All the Sales in the REDLAND CLOSE, DE7 8LR

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

Address	Sold Date	Price	% Change
9 REDLAND CLOSESemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1967-1975	31 Jan 2022	£145,000	20.83%
	14 Aug 2019	£120,000	4.35%
	23 Dec 2015	£115,000	15.00%
	20 Nov 2009	£100,000	26.58%
	09 May 2003	£79,000	First Sale
25 REDLAND CLOSESemi-Detached, FreeholdArea: 73.74 Sq.mtrAge: 1967-1975	09 Aug 2017	£115,000	24.32%
	05 Jan 2007	£92,500	First Sale
17 REDLAND CLOSESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1967-1975	14 Jul 2017	£121,000	16.35%
	13 Dec 2013	£104,000	First Sale
15 REDLAND CLOSESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1976-1982	31 Jul 2015	£125,550	First Sale
11 REDLAND CLOSESemi-Detached, FreeholdArea: 68 Sq.mtrAge: 1976-1982	12 Dec 2013	£100,000	-10.67%
	04 Jun 2004	£111,950	166.55%
	29 Nov 1996	£42,000	First Sale
5 REDLAND CLOSESemi-Detached, FreeholdArea: 70 Sq.mtrAge: 1967-1975	23 Mar 2012	£90,000	125.28%
	05 Jun 1996	£39,950	299.50%
	24 Nov 1995	£10,000	First Sale
10 REDLAND CLOSESemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1967-1975	28 Sep 2010	£75,000	First Sale
3 REDLAND CLOSESemi-Detached, FreeholdArea: 78.72 Sq.mtrAge: 1976-1982	16 Jul 2010	£90,000	100.00%
	05 May 2000	£45,000	First Sale
8 REDLAND CLOSESemi-Detached, FreeholdArea: 70 Sq.mtrAge: 1967-1975	19 Dec 2007	£107,000	First Sale
18 REDLAND CLOSESemi-Detached, FreeholdArea: 85.89 Sq.mtrAge: 1967-1975	18 Dec 2007	£115,000	6.98%
	22 Nov 2004	£107,500	211.59%
	21 Mar 1997	£34,500	First Sale
1 REDLAND CLOSESemi-Detached, FreeholdArea: 68 Sq.mtrAge: 1967-1975	25 May 2007	£115,000	First Sale
19 REDLAND CLOSESemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1976-1982	10 Jun 2005	£95,000	-9.09%
	05 Nov 2004	£104,500	First Sale
22 REDLAND CLOSESemi-Detached, FreeholdArea: 69 Sq.mtrAge: 1976-1982	20 Feb 2004	£86,000	First Sale
6 REDLAND CLOSESemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1976-1982	05 Dec 2003	£93,000	First Sale
24 REDLAND CLOSESemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1967-1975	22 Oct 2002	£73,950	77.13%
	27 Nov 1998	£41,750	First Sale
26 REDLAND CLOSESemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1967-1975	26 Mar 2002	£52,950	First Sale
20 REDLAND CLOSETerraced, FreeholdArea: 66 Sq.mtrAge: 1967-1975	26 Nov 1999	£44,250	First Sale
4 REDLAND CLOSESemi-Detached, Freehold	26 Nov 1999	£42,500	First Sale

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

REDLAND CLOSE, DE7 8LR Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £84,457 median price is £85,000 Standard Deviation is £41,693 with Total Sold: 661
- The Last 5 Year average price is £137,781 with Total Sold: 105
- The most recent sale happened at this postcode is , 60A DUKE STREET: £205,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 261 COTMANHAY ROAD: £17,000 (Sold on 27 Jan 1995)
Terraced
- The average price is around £65,689 median price is £68,000 Standard Deviation is £33,897 with Total Sold: 900
- The Last 5 Year average price is £106,826 with Total Sold: 160
- The most recent sale happened at this postcode is , 55 BEATTY WALK: £127,000 (Sold on 19 Jul 2024)
- The first recorded sale happened at this postcode is , 24 MILL STREET: £27,950 (Sold on 16 Jan 1995)
Other
- The average price is around £480,510 median price is £175,500 Standard Deviation is £1,254,263 with Total Sold: 52
- The Last 5 Year average price is £844,900 with Total Sold: 21
- The most recent sale happened at this postcode is , 10 HEANOR ROAD: £360,000 (Sold on 05 Feb 2024)
- The first recorded sale happened at this postcode is , UNIT 5 BELFIELD STREET: £217,000 (Sold on 06 Feb 2014)
Detached
- The average price is around £124,286 median price is £117,500 Standard Deviation is £63,677 with Total Sold: 297
- The Last 5 Year average price is £212,083 with Total Sold: 43
- The most recent sale happened at this postcode is , 101 SPRINGFIELD GARDENS: £173,000 (Sold on 20 Oct 2023)
- The first recorded sale happened at this postcode is , 5 DUKE STREET: £45,000 (Sold on 03 Feb 1995)
Flat
- The average price is around £57,107 median price is £62,000 Standard Deviation is £22,256 with Total Sold: 28
- The Last 5 Year average price is £74,056 with Total Sold: 9
- The most recent sale happened at this postcode is , 8 BOSCAWEN COURT: £110,000 (Sold on 10 Mar 2023)
- The first recorded sale happened at this postcode is , 4 MOUNTBATTEN COURT: £28,000 (Sold on 28 Apr 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£162,167		6
2023	£156,219	£1,854	16
2022	£158,500	£2,177	21
2021	£141,328	£1,845	20
2020	£110,556	£1,552	18
2019	£118,729	£1,524	24
2018	£121,076	£1,634	19
2017	£108,426	£1,388	21
2016	£97,971	£1,250	21
2015	£108,955	£1,400	22
2014	£90,733	£1,125	15
2013	£84,438	£1,142	16
2012	£88,944	£1,143	9
2011	£87,309	£1,277	16
2010	£87,061	£1,161	14
2009	£99,812	£1,396	8
2008	£97,881	£1,301	13
2007	£95,635	£1,337	31
2006	£98,168	£1,210	25
2005	£99,296	£1,331	35
2004	£91,086	£1,265	44
2003	£79,313	£1,179	34
2002	£51,894	£676	31
2001	£46,488	£583	29
2000	£40,572	£518	36
1999	£36,428	£485	37
1998	£36,909	£591	22
1997	£34,700	£454	21
1996	£33,688	£434	25
1995	£31,767	£372	12

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£123,532	£1,547	14
2023	£113,631	£1,596	25
2022	£122,609	£1,603	33
2021	£99,176	£1,320	38
2020	£96,830	£1,252	27
2019	£90,986	£1,246	23
2018	£83,938	£1,097	32
2017	£94,059	£1,330	33
2016	£78,962	£1,158	26
2015	£76,086	£955	19
2014	£75,175	£958	23
2013	£59,783	£825	21
2012	£74,556	£1,045	9
2011	£70,389	£932	14
2010	£76,203	£1,070	16
2009	£69,300	£888	15
2008	£75,421	£991	30
2007	£85,045	£1,196	40
2006	£78,093	£1,023	41
2005	£72,468	£974	38
2004	£73,524	£949	44
2003	£55,629	£754	50
2002	£40,383	£461	49
2001	£26,335	£361	47
2000	£27,956	£383	42
1999	£26,243	£333	29
1998	£26,131	£338	34
1997	£25,144	£329	32
1996	£23,638	£304	20
1995	£24,612	£311	36

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£375,000		2
2023	£530,333		3
2022	£870,900	£2,322	5
2021	£88,667	£2,000	3
2020	£1,935,480		5
2019	£368,000		3
2018	£84,452		4
2017	£281,500	£2,232	10
2016	£234,258	£1,560	11
2015	£306,750	£3,047	4
2014	£143,500		2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£230,260	£3,197	10
2022	£211,939	£2,602	9
2021	£201,400	£2,282	10
2020	£194,429	£1,972	7
2019	£219,214	£2,372	7
2018	£158,417	£2,308	13
2017	£151,411	£2,026	17
2016	£131,445	£2,031	10
2015	£133,269	£1,913	13
2014	£139,814	£1,553	11
2013	£123,632	£1,616	11
2012	£115,000	£1,726	5
2011	£107,383	£1,580	3
2010	£174,875	£1,467	4
2009	£142,583	£1,491	6
2008	£116,775	£1,312	8
2007	£176,450	£1,337	10
2006	£137,562	£1,615	8
2005	£143,455	£1,177	11
2004	£126,211	£1,471	9
2003	£127,608	£1,674	12
2002	£82,635	£811	10
2001	£75,378	£791	20
2000	£68,431	£845	8
1999	£63,431	£672	19
1998	£59,833	£317	3
1997	£54,248	£701	20
1996	£64,933	£740	12
1995	£53,500	£687	11

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£95,000	£1,597	2
2021	£68,500	£1,271	2
2020	£80,000	£1,143	1
2019	£64,875	£1,151	4
2017	£54,950	£743	1
2016	£65,475	£1,075	2
2015	£64,500	£993	3
2014	£67,000	£957	1
2012	£42,000	£767	1
2008	£40,250	£581	2
2007	£65,000	£956	1
2006	£85,000	£1,232	1
2004	£35,000	£778	1
2003	£44,500	£916	2
2002	£45,000	£658	1
2001	£8,301	£211	2
1995	£28,000	£410	1

House Type in DE7 8LR area

The most common house types in the DE7 8LR postcode area are Semi-detached (67), Detached (36), and Terraced (35).

Total	141
Semi-detached	67
Detached	36
Terraced	35
commercial building	2
Shared house	1
Flat	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (65), and Owned: Owns with a mortgage or loan (50).

Owned: Owns outright	65
Owned: Owns with a mortgage or loan	50
Private rented: Private landlord or letting agency	19
Private rented: Other private rented	5
Social rented: Rents from council or Local Authority	1
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the DE7 8LR have 2 people in household (66), and 1 person in household (35).

2 people in household	66
1 person in household	35
3 people in household	24
4 people in household	14
5 people in household	1
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0