Property trends for DE7

    DE7 covers Ilkeston and surrounding areas in Derbyshire, situated between Derby and Nottingham in the East Midlands. It is a diverse, accessible neighbourhood with a mixed residential and commercial character, offering good transport links and established community amenities.

    At a Glance

    Average Property Price - DE7

    £220,036

    18

    National percentile

    Average Monthly Rent - DE

    £826

    22

    National percentile

    Average Net Household Income - DE7

    £36,408

    40

    National percentile

    Flat / Maisonette Yield - DE

    5.6%

    48

    National percentile

    10-Year Annualised Price Growth - DE7

    3.9%

    64

    National percentile

    10-Year Annualised Rent Growth - DE

    4.2%

    63

    National percentile

    Property Price & Volume Trends

    The latest average property price in DE7 is £220,000, placing it well below the national average and among the most affordable districts nationally. Over the past decade, prices have grown at 3.9% annually—a pace broadly in line with national trends. Transaction activity has moderated recently, with 617 sales in the latest full year compared to a 10-year average of 815, signalling a slight reduction in market momentum.

    Rent & Yield Trends

    Average monthly rent in the wider DE postcode area stands at £826, below the national average. Rents have grown at 4.2% annually over the past decade, slightly faster than the national pace. The flat yield has improved noticeably to 5.6% in the latest year, up from a 10-year average of 4.7%, reflecting stronger rental returns for investors.

    Income & Affordability Trends

    Average net household income of £36,408 is slightly below the national median, placing the area in the lower-middle income range nationally. The price-to-income ratio of 6.0x has worsened since 2016 (when it stood at 5.3x), indicating that property ownership has become less affordable relative to earnings over the past eight years. Rental affordability has remained stable, with rent-to-income holding steady at 22.5% against 22.7% in 2016.

    Resident Demographic Profile

    The population skews slightly older than the national average, with notably higher representation in the 50–64 age group (21.3% versus 19.8% nationally) and those aged 65+ (20% versus 19.6%). The 16–24 cohort is underrepresented at 9.6% against a national average of 11.0%. Housing tenure shows a stronger emphasis on outright ownership (36.2% versus 33.7% nationally) and a higher mortgage-owning proportion (31.9% versus 27.0%), whilst private renting (18.8%) and social renting (12.3%) are both below the national norms. The employment profile reflects a higher concentration in trades (12.9% versus 10.5% nationally) and plant/machine roles (8.9% versus 6.6%), with fewer professionals (16.1% versus 20.5%) than the national average.

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