Housing Market Analysis for CHERITON DRIVE, DE7 9HP

Are you looking to understand DE7 9HP 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 9HP area, explore the DE7 9HP Area information page.
For comprehensive crime statistics in the DE7 9HP area, explore the DE7 9HP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the DE7 9HP postcode area, The average prices are as follows,

Detached
- The average price is around £141,276 median price is £136,000 Standard Deviation is £80,859 with Total Sold: 41
- The Last 5 Year average price is £363,750 with Total Sold: 2
- The most recent sale happened at this postcode is 24 CHERITON DRIVE: £374,000 (Sold on 28 Nov 2023)
- The first recorded sale happened at this postcode is 5 CHERITON DRIVE: £58,500 (Sold on 08 Mar 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average DE7 9HP 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£374,000	£2,652	1
2021	£353,500	£3,857	1
2018	£174,950	£2,333	1
2017	£231,500		1
2016	£198,000	£2,533	2
2015	£150,000	£2,632	1
2014	£232,000	£1,824	2
2013	£164,000		1
2011	£146,000	£2,396	1
2010	£208,000	£1,766	1
2007	£185,000		1
2006	£169,667	£1,973	3
2005	£222,500	£1,555	2
2004	£189,975	£2,105	2
2003	£131,250	£1,813	2
2002	£110,000	£887	1
2001	£76,500	£1,048	1
2000	£98,475	£696	2
1999	£63,067	£823	3
1998	£68,667	£787	3
1997	£64,700	£710	5
1996	£61,688	£720	4

All the Sales in the CHERITON DRIVE, DE7 9HP

See the table below for more details on the sold house prices in the DE7 9HP, Erewash postcode.

Address	Sold Date	Price	% Change
24 CHERITON DRIVEDetached, FreeholdArea: 141 Sq.mtrAge: 1983-1990	28 Nov 2023	£374,000	First Sale
28 CHERITON DRIVEDetached, FreeholdArea: 91.65 Sq.mtrAge: 1983-1990	30 Jul 2021	£353,500	93.70%
	28 Feb 2014	£182,500	138.56%
	09 May 1997	£76,500	First Sale
13 CHERITON DRIVEDetached, FreeholdArea: 75 Sq.mtrAge: 1983-1990	14 Dec 2018	£174,950	28.64%
	20 Oct 2003	£136,000	132.48%
	26 Feb 1999	£58,500	-0.85%
	06 Feb 1998	£59,000	First Sale
21 CHERITON DRIVEDetached, Freehold	27 Apr 2017	£231,500	41.16%
	12 Jul 2013	£164,000	-13.68%
	17 Jan 2006	£190,000	First Sale
4 CHERITON DRIVEDetached, FreeholdArea: 103 Sq.mtrAge: 1983-1990	11 Mar 2016	£240,000	First Sale
16 CHERITON DRIVEDetached, FreeholdArea: 57 Sq.mtrAge: 1976-1982	05 Feb 2016	£156,000	168.97%
	24 Oct 1996	£58,000	First Sale
36 CHERITON DRIVEDetached, FreeholdArea: 57 Sq.mtrAge: 1983-1990	12 Mar 2015	£150,000	First Sale
35 CHERITON DRIVEDetached, FreeholdArea: 170 Sq.mtrAge: 1983-1990	04 Nov 2014	£281,500	19.79%
	10 Nov 2005	£235,000	First Sale
23 CHERITON DRIVEDetached, FreeholdArea: 60.93 Sq.mtrAge: 1991-1995	29 Jul 2011	£146,000	176.78%
	26 May 1999	£52,750	First Sale
20 CHERITON DRIVEDetached, FreeholdArea: 117.76 Sq.mtrAge: 1983-1990	26 Nov 2010	£208,000	-0.95%
	25 Nov 2005	£210,000	First Sale
27 CHERITON DRIVEDetached, Freehold	04 May 2007	£185,000	2.81%
	16 Jul 2004	£179,950	130.85%
	29 Oct 1999	£77,950	32.12%
	05 Jun 1998	£59,000	First Sale
8 CHERITON DRIVEDetached, FreeholdArea: 73 Sq.mtrAge: 1983-1990	26 May 2006	£144,000	88.24%
	04 May 2001	£76,500	53.00%
	21 Feb 1997	£50,000	First Sale
17 CHERITON DRIVEDetached, Freehold	22 Mar 2006	£175,000	38.34%
17 CHERITON DRIVEDetached, Freehold	07 Jan 2003	£126,500	First Sale
26 CHERITON DRIVEDetached, FreeholdArea: 95 Sq.mtrAge: 1983-1990	05 Nov 2004	£200,000	First Sale
10 CHERITON DRIVEDetached, FreeholdArea: 124 Sq.mtrAge: 1991-1995	25 Oct 2002	£110,000	First Sale
14 CHERITON DRIVEDetached, FreeholdArea: 131 Sq.mtrAge: 1983-1990	25 Aug 2000	£91,950	First Sale
25 CHERITON DRIVEDetached, FreeholdArea: 152 Sq.mtrAge: 1996-2002	26 Jan 2000	£105,000	First Sale
38 CHERITON DRIVEDetached, Freehold	09 Oct 1998	£88,000	First Sale
15 CHERITON DRIVEDetached, FreeholdArea: 71 Sq.mtrAge: 1983-1990	06 Oct 1997	£63,500	First Sale
30 CHERITON DRIVEDetached, FreeholdArea: 115 Sq.mtrAge: 1983-1990	04 Jul 1997	£66,500	1.53%
	25 Oct 1996	£65,500	First Sale
11 CHERITON DRIVEDetached, Freehold	14 Mar 1997	£67,000	First Sale
19 CHERITON DRIVEDetached, FreeholdArea: 113 Sq.mtrAge: 1983-1990	04 Oct 1996	£64,750	First Sale
5 CHERITON DRIVEDetached, Freehold	08 Mar 1996	£58,500	First Sale

Check out the sold house prices near the DE7 9HP postcode. Properties currently for saleProperties currently for rent

CHERITON DRIVE, DE7 9HP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the DE7 9HP 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 9HP postcode.

Detached
- The average price is around £139,449 median price is £120,975 Standard Deviation is £71,287 with Total Sold: 1,100
- The Last 5 Year average price is £279,673 with Total Sold: 90
- The most recent sale happened at this postcode is , 22 HONINGHAM ROAD: £258,000 (Sold on 20 Aug 2024)
- The first recorded sale happened at this postcode is , 20 ILFORD CLOSE: £59,995 (Sold on 26 Jan 1995)
Terraced
- The average price is around £88,143 median price is £78,950 Standard Deviation is £42,235 with Total Sold: 475
- The Last 5 Year average price is £164,716 with Total Sold: 41
- The most recent sale happened at this postcode is , 32 WATSON ROAD: £210,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 19 LYNMOUTH DRIVE: £28,500 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £93,928 median price is £89,725 Standard Deviation is £46,044 with Total Sold: 1,420
- The Last 5 Year average price is £182,398 with Total Sold: 114
- The most recent sale happened at this postcode is , 19 HORSECROFT CLOSE: £167,500 (Sold on 02 Aug 2024)
- The first recorded sale happened at this postcode is , 153 NEWSTEAD ROAD SOUTH: £39,000 (Sold on 20 Jan 1995)
Other
- The average price is around £114,525 median price is £81,000 Standard Deviation is £120,204 with Total Sold: 4
- The Last 5 Year average price is £12,000 with Total Sold: 1
- The most recent sale happened at this postcode is , 15 AUDLEY CLOSE: £12,000 (Sold on 11 Oct 2021)
- The first recorded sale happened at this postcode is , 38 RAYNEHAM ROAD: £296,000 (Sold on 09 Oct 2018)
Flat
- The average price is around £72,658 median price is £75,000 Standard Deviation is £37,043 with Total Sold: 6
- The most recent sale happened at this postcode is , 4 MILLBANK CLOSE: £80,000 (Sold on 24 Jul 2017)
- The first recorded sale happened at this postcode is , 4 MILLBANK CLOSE: £27,500 (Sold on 24 May 1996)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£337,571	£3,398	7
2023	£297,062	£2,858	16
2022	£299,370	£3,002	23
2021	£272,052	£2,745	22
2020	£235,634	£2,436	22
2019	£233,611	£2,467	18
2018	£215,934	£2,469	22
2017	£224,389	£2,242	18
2016	£216,750	£2,158	22
2015	£196,378	£1,949	25
2014	£189,033	£1,831	29
2013	£183,561	£1,710	23
2012	£168,312	£1,649	8
2011	£162,950	£1,732	20
2010	£170,130	£1,666	23
2009	£170,097	£1,632	15
2008	£182,000	£1,642	17
2007	£192,494	£1,961	31
2006	£177,244	£1,740	39
2005	£187,031	£1,613	31
2004	£162,858	£1,666	56
2003	£147,157	£1,468	34
2002	£116,931	£1,133	50
2001	£96,595	£955	65
2000	£90,394	£755	51
1999	£84,952	£800	104
1998	£79,838	£772	96
1997	£75,874	£755	95
1996	£71,675	£722	80
1995	£71,197	£695	38

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£182,000		3
2023	£182,023	£3,004	11
2022	£166,147	£3,141	11
2021	£157,438	£2,574	8
2020	£139,750	£2,236	8
2019	£150,450	£2,336	10
2018	£138,114	£2,114	11
2017	£139,500	£2,029	4
2016	£124,000	£2,127	9
2015	£120,497	£1,870	18
2014	£103,915	£1,629	13
2013	£115,500	£1,657	10
2012	£92,500	£1,632	3
2011	£101,742	£1,588	6
2010	£111,328	£1,685	9
2009	£107,857	£1,642	7
2008	£119,375	£1,877	8
2007	£122,114	£2,037	14
2006	£110,570	£1,802	23
2005	£101,523	£1,610	15
2004	£99,292	£1,590	19
2003	£88,808	£1,396	25
2002	£63,064	£1,020	33
2001	£55,122	£904	28
2000	£59,070	£901	38
1999	£52,137	£787	30
1998	£49,339	£812	23
1997	£50,647	£758	30
1996	£46,894	£724	24
1995	£43,624	£758	24

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£195,778	£3,519	9
2023	£196,619	£2,857	21
2022	£195,071	£2,826	28
2021	£175,022	£2,499	23
2020	£164,086	£2,498	33
2019	£152,145	£2,135	33
2018	£147,589	£2,052	22
2017	£141,485	£2,114	38
2016	£137,838	£2,037	33
2015	£129,781	£1,964	26
2014	£122,135	£1,865	26
2013	£113,797	£1,734	39
2012	£111,498	£1,661	26
2011	£111,257	£1,623	27
2010	£111,937	£1,647	18
2009	£112,183	£1,686	24
2008	£126,069	£1,766	18
2007	£126,407	£1,960	51
2006	£125,606	£1,800	61
2005	£118,265	£1,762	62
2004	£110,507	£1,619	70
2003	£87,706	£1,415	64
2002	£70,936	£1,057	84
2001	£59,874	£928	77
2000	£54,477	£785	72
1999	£48,454	£702	86
1998	£52,067	£780	116
1997	£49,115	£753	105
1996	£47,323	£684	71
1995	£44,189	£667	57

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£12,000		1
2018	£148,700	£2,347	3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£80,000	£2,805	1
2013	£137,000	£1,343	1
2011	£70,000	£2,454	1
2006	£89,950	£3,154	1
1999	£31,500	£1,104	1
1996	£27,500	£964	1

House Type in DE7 9HP area

The most common house types in the DE7 9HP postcode area are Detached (61), Semi-detached (34), and Terraced (17).

Total	112
Detached	61
Semi-detached	34
Terraced	17
Flat	0
Shared house	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 (46), and Owned: Owns with a mortgage or loan (44).

Owned: Owns outright	46
Owned: Owns with a mortgage or loan	44
Private rented: Private landlord or letting agency	15
Shared ownership: Shared ownership	4
Private rented: Other private rented	2
Does not apply	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the DE7 9HP have 2 people in household (45), and 1 person in household (27).

2 people in household	45
1 person in household	27
3 people in household	22
4 people in household	14
6 people in household	2
5 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0