Housing Market Analysis for MERIDIAN CLOSE, DE7 8NQ

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £78,200 median price is £65,950 Standard Deviation is £39,504 with Total Sold: 53
- The Last 5 Year average price is £151,750 with Total Sold: 6
- The most recent sale happened at this postcode is 10 MERIDIAN CLOSE: £140,000 (Sold on 06 Mar 2023)
- The first recorded sale happened at this postcode is 15 MERIDIAN CLOSE: £150,000 (Sold on 02 May 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average DE7 8NQ 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
2023	£140,000	£2,593	1
2022	£181,000	£2,701	1
2021	£172,000	£2,078	1
2020	£133,750	£2,221	2
2018	£155,000	£1,872	1
2017	£122,500	£2,269	1
2016	£98,500	£1,824	2
2015	£122,000	£1,821	1
2014	£95,500	£1,769	2
2012	£92,000	£1,464	1
2009	£87,000		1
2008	£115,000	£1,223	1
2007	£100,250	£1,856	2
2006	£100,000	£1,715	2
2005	£100,000	£1,852	1
2004	£91,975	£1,568	4
2003	£78,000	£1,444	1
2002	£56,850	£1,050	4
2001	£40,802	£785	1
2000	£40,725	£754	2
1999	£42,950	£683	1
1998	£43,233	£749	6
1997	£42,933	£751	7
1996	£42,280	£677	6
2024	£150,000		1

All the Sales in the MERIDIAN CLOSE, DE7 8NQ

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

Address	Sold Date	Price	% Change
10 MERIDIAN CLOSESemi-Detached, FreeholdArea: 54 Sq.mtrAge: 1996-2002	06 Mar 2023	£140,000	14.29%
	23 Nov 2017	£122,500	9.38%
	18 Jul 2016	£112,000	4.67%
	21 Sep 2007	£107,000	7.00%
	23 Sep 2005	£100,000	166.67%
	07 Apr 2000	£37,500	-6.24%
	25 Apr 1997	£39,995	First Sale
11 MERIDIAN CLOSESemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1996-2002	11 Nov 2022	£181,000	27.02%
	05 Jun 2020	£142,500	45.48%
	30 Apr 2004	£97,950	101.34%
	07 Feb 1997	£48,650	First Sale
2 MERIDIAN CLOSESemi-Detached, FreeholdArea: 82.78 Sq.mtrAge: 1996-2002	21 Apr 2021	£172,000	10.97%
	06 Apr 2018	£155,000	34.78%
	29 Sep 2008	£115,000	145.46%
	16 Aug 1996	£46,850	First Sale
15 MERIDIAN CLOSESemi-Detached, FreeholdArea: 54 Sq.mtrAge: 1991-1995	26 Mar 2020	£125,000	30.21%
	01 Oct 2014	£96,000	2.67%
	07 Feb 2007	£93,500	19.87%
	30 Sep 2003	£78,000	33.33%
	31 Jul 2002	£58,500	36.20%
	28 Nov 1997	£42,950	-71.37%
	02 May 2024	£150,000	First Sale
5 MERIDIAN CLOSESemi-Detached, FreeholdArea: 54 Sq.mtrAge: 1983-1990	15 Nov 2016	£85,000	93.40%
	31 Mar 2000	£43,950	First Sale
9 MERIDIAN CLOSESemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1991-1995	12 Mar 2015	£122,000	160.41%
	23 Aug 1996	£46,850	First Sale
6 MERIDIAN CLOSESemi-Detached, FreeholdArea: 54 Sq.mtrAge: 1996-2002	04 Apr 2014	£95,000	0.0
	14 Jul 2006	£95,000	72.88%
	22 Mar 2002	£54,950	37.39%
	14 Mar 1997	£39,995	First Sale
21 MERIDIAN CLOSESemi-Detached, FreeholdArea: 62.86 Sq.mtrAge: 1996-2002	03 Feb 2012	£92,000	-12.38%
	23 Jun 2006	£105,000	10.58%
	02 Jun 2004	£94,950	121.07%
	12 Feb 1999	£42,950	First Sale
19 MERIDIAN CLOSESemi-Detached, Freehold	17 Jul 2009	£87,000	102.56%
19 MERIDIAN CLOSESemi-Detached, Freehold	07 Aug 1998	£42,950	First Sale
3 MERIDIAN CLOSESemi-Detached, FreeholdArea: 54 Sq.mtrAge: 1976-1982	27 Aug 2004	£90,000	125.03%
	05 Dec 1996	£39,995	First Sale
1 MERIDIAN CLOSESemi-Detached, FreeholdArea: 52 Sq.mtrAge: 1996-2002	16 Jul 2004	£85,000	108.32%
	25 May 2001	£40,802	4.75%
	10 Jul 1998	£38,950	-2.61%
	23 Aug 1996	£39,995	First Sale
17 MERIDIAN CLOSESemi-Detached, Freehold	23 Aug 2002	£65,950	53.55%
17 MERIDIAN CLOSESemi-Detached, Freehold	25 Sep 1998	£42,950	First Sale
27 MERIDIAN CLOSESemi-Detached, Freehold	01 Mar 2002	£48,000	11.76%
27 MERIDIAN CLOSESemi-Detached, Freehold	27 Feb 1998	£42,950	First Sale
23 MERIDIAN CLOSESemi-Detached, Freehold	17 Jul 1998	£48,650	First Sale
29 MERIDIAN CLOSESemi-Detached, Freehold	12 Feb 1998	£42,950	First Sale
25 MERIDIAN CLOSESemi-Detached, Freehold	05 Dec 1997	£48,950	First Sale
12 MERIDIAN CLOSESemi-Detached, Freehold	07 Mar 1997	£39,995	First Sale
8 MERIDIAN CLOSESemi-Detached, Freehold	28 Feb 1997	£39,995	First Sale
7 MERIDIAN CLOSESemi-Detached, Freehold	06 Dec 1996	£39,995	First Sale
4 MERIDIAN CLOSESemi-Detached, Freehold	16 Aug 1996	£39,995	First Sale

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

MERIDIAN CLOSE, DE7 8NQ Near By properties

Interactive Map

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

Detached
- The average price is around £131,572 median price is £125,000 Standard Deviation is £70,140 with Total Sold: 626
- The Last 5 Year average price is £214,720 with Total Sold: 100
- The most recent sale happened at this postcode is , 5 MOUNT PLEASANT: £218,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 17 MOUNT PLEASANT: £39,995 (Sold on 05 Jan 1995)
Semi-Detached
- The average price is around £85,336 median price is £82,975 Standard Deviation is £43,547 with Total Sold: 1,022
- The Last 5 Year average price is £140,407 with Total Sold: 165
- 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 , 4 ROSSENDALE: £49,500 (Sold on 16 Jan 1995)
Terraced
- The average price is around £65,332 median price is £65,500 Standard Deviation is £35,435 with Total Sold: 1,167
- The Last 5 Year average price is £110,004 with Total Sold: 202
- The most recent sale happened at this postcode is , 40 PRINCE STREET: £145,000 (Sold on 20 Aug 2024)
- The first recorded sale happened at this postcode is , 7 VERNON STREET: £30,000 (Sold on 13 Jan 1995)
Other
- The average price is around £357,562 median price is £142,500 Standard Deviation is £648,398 with Total Sold: 45
- The Last 5 Year average price is £472,806 with Total Sold: 21
- The most recent sale happened at this postcode is , 94 ASH STREET: £142,500 (Sold on 29 Sep 2023)
- The first recorded sale happened at this postcode is , GARDNER AEROSPACE (ILKESTON) LTD COTMANHAY ROAD: £495,000 (Sold on 24 Apr 2015)
Flat
- The average price is around £60,720 median price is £60,000 Standard Deviation is £28,752 with Total Sold: 32
- The Last 5 Year average price is £80,833 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£292,000		3
2023	£223,058	£3,074	18
2022	£215,379	£2,891	17
2021	£212,354	£2,533	24
2020	£205,938	£2,314	16
2019	£205,818	£2,304	22
2018	£170,946	£2,149	19
2017	£149,119	£1,979	29
2016	£147,473	£1,855	20
2015	£134,675	£1,739	20
2014	£165,948	£1,823	30
2013	£132,958	£1,593	24
2012	£127,252	£1,780	15
2011	£115,891	£1,458	16
2010	£157,250	£1,397	12
2009	£153,574	£1,290	17
2008	£140,110	£1,536	21
2007	£162,579	£1,923	24
2006	£151,080	£1,845	25
2005	£126,950	£1,530	21
2004	£140,226	£1,628	23
2003	£123,388	£1,574	20
2002	£83,859	£1,346	17
2001	£68,394	£730	26
2000	£69,256	£854	26
1999	£61,509	£624	31
1998	£80,577	£611	13
1997	£57,407	£664	28
1996	£58,188	£679	30
1995	£50,234	£681	19

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£143,500	£889	8
2023	£141,938	£1,873	24
2022	£157,476	£2,070	42
2021	£147,868	£1,847	34
2020	£126,448	£1,730	31
2019	£117,354	£1,427	26
2018	£117,325	£1,510	36
2017	£115,418	£1,479	38
2016	£98,496	£1,272	38
2015	£107,651	£1,332	36
2014	£87,094	£1,116	34
2013	£78,840	£902	25
2012	£91,197	£1,130	20
2011	£88,922	£1,158	25
2010	£87,264	£1,129	22
2009	£95,272	£1,171	17
2008	£98,156	£1,224	27
2007	£98,086	£1,300	47
2006	£97,039	£1,292	40
2005	£92,746	£1,290	45
2004	£90,787	£1,259	40
2003	£71,788	£1,002	52
2002	£52,991	£695	52
2001	£43,219	£524	45
2000	£38,323	£487	53
1999	£35,924	£497	42
1998	£38,217	£506	32
1997	£38,111	£514	31
1996	£34,032	£456	40
1995	£30,722	£380	20

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£119,781	£1,418	16
2023	£122,694	£1,664	32
2022	£129,783	£1,633	42
2021	£106,511	£1,439	50
2020	£91,989	£1,267	27
2019	£89,084	£1,237	35
2018	£84,458	£1,091	48
2017	£86,681	£1,131	32
2016	£76,800	£1,069	40
2015	£69,850	£908	22
2014	£69,505	£905	30
2013	£60,255	£794	32
2012	£74,704	£992	12
2011	£68,720	£886	25
2010	£67,138	£926	20
2009	£67,938	£927	21
2008	£79,481	£1,014	35
2007	£82,132	£1,118	58
2006	£81,661	£980	53
2005	£73,194	£976	48
2004	£66,159	£965	57
2003	£56,554	£731	60
2002	£38,459	£495	70
2001	£27,828	£378	55
2000	£26,788	£371	56
1999	£27,223	£339	37
1998	£26,288	£341	46
1997	£24,409	£310	37
1996	£24,831	£305	27
1995	£25,552	£312	44

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£108,375	£830	4
2022	£153,500	£2,003	2
2021	£366,500	£4,683	5
2020	£922,250		4
2019	£611,154	£1,316	6
2018	£73,138	£2,420	4
2017	£354,222	£2,470	9
2016	£261,980	£1,560	8
2015	£195,000	£845	3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£95,000	£1,597	2
2021	£95,667	£1,552	3
2019	£62,625	£1,285	4
2016	£62,000	£1,165	1
2015	£53,000	£1,104	1
2013	£35,000	£745	1
2012	£42,000	£767	1
2009	£55,000		1
2007	£73,817	£1,456	3
2006	£76,500	£1,339	2
2005	£100,000	£3,448	1
2004	£47,500	£778	2
2003	£58,800	£1,278	5
2002	£45,000	£658	1
2001	£10,701	£253	3
1995	£28,000	£410	1

House Type in DE7 8NQ area

The most common house types in the DE7 8NQ postcode area are Semi-detached (89), Terraced (39), and Detached (17).

Total	155
Semi-detached	89
Terraced	39
Detached	17
Shared house	6
Flat	3
converted building	1
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (56), and Private rented: Private landlord or letting agency (49).

Owned: Owns with a mortgage or loan	56
Private rented: Private landlord or letting agency	49
Owned: Owns outright	43
Social rented: Other social rented	4
Shared ownership: Shared ownership	1
Social rented: Rents from council or Local Authority	1
Private rented: Other private rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the DE7 8NQ have 2 people in household (60), and 1 person in household (46).

2 people in household	60
1 person in household	46
3 people in household	23
4 people in household	20
5 people in household	6
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0