# House prices in DE7 9 (Ilkeston)

This article reveals price per square foot data and various charts to help you understand current housing market in Ilkeston (DE7 9).

## Defining 'DE7 9'

This analysis is limited to properties whose postcode starts with "DE7 9", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Ilkeston.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

## Price per square foot

Knowing the average house price in Ilkeston is not much use. However, knowing average price per square foot can be quite useful. Price per sqft allows some comparison between properties of different size. We define price per square foot as the sold price divided by the internal area of a property:

£ per sqft = price ÷ internal area
E.g. 19, Honingham Road, Ilkeston, sold for £240,000 on Mar-2024. Given the internal area of 785 square feet, the price per sqft is £305.

England & Wales have been officially metric for many decades. Convert this site to square meters.

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £269-£278, £278-£287, £287-£297 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 78 sales in Ilkeston (DE7 9) that took place in the last two years.

##### Distribution of £ per sqft for Ilkeston
Distribution of £ per sqft house prices in Ilkeston

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Ilkeston (DE7 9). Of the 78 transactions, half were sold for between £261 and £299 per square foot. The median, or 'middle', price per square foot in 'DE7 9' is £278. Notably, only 25% of properties that sold recently were valued at more than £299 sqft. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

## Price map for Ilkeston

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Ilkeston. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

House price heatmap for Ilkeston

## Comparison with neighbouring postcode sectors

The table below shows how 'DE7 9' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
DE7 4 Ilkeston £183 sqft £225 sqft £274 sqft
DE7 8 Ilkeston £143 sqft £164 sqft £221 sqft
DE7 5 Ilkeston £145 sqft £180 sqft £230 sqft
DE7 9 Ilkeston £261 sqft £278 sqft £299 sqft
DE7 6 West Hallam £228 sqft £271 sqft £312 sqft

## Will Ilkeston house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for DE7 9 (Ilkeston) compared with both the wider area DE7 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

##### Historic price per square foot in Ilkeston,Ilkeston
House price trends for Ilkeston

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

##### Most recent DE7 9 sales
Recent trends for Ilkeston

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Ilkeston to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Ilkeston and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

## Street level data

Street Avg size Avg £sqft Recent sales
Mason Road, Ilkeston, DE7 9J 882 sqft £243 17
Summerfields Way, Ilkeston, DE7 9H 871 sqft £263 11
Barclay Court, Ilkeston, DE7 9H 688 sqft £228 9
Highgate Drive, Ilkeston, DE7 9H 688 sqft £260 9
Eley Close, Ilkeston, DE7 9J 925 sqft £218 9
Pentridge Drive, Ilkeston, DE7 9H 882 sqft £292 8
Barling Drive, Ilkeston, DE7 9J 710 sqft £267 8
Honingham Road, Ilkeston, DE7 9J 0 sqft £269 7

Search for your street here.

## Raw data

Our analysis of Ilkeston is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid sqft £/sqft
19, Honingham Rd, Ilkeston £240,000
Mar-2024
785 305
3, Mill Acre Close, Ilkeston £350,000
Mar-2024
1,108 315
24, Cheriton Drive, Ilkeston £374,000
Nov-2023
1,517 246

#### About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.