2.5 East Midlands — East Midlands
The East Midlands recorded an average price paid of £279,157 in July 2026, broadly flat year-on-year at -0.3%. Average monthly rents rose 4.2% to £913, and gross yields expanded by 0.17 percentage points to 3.93%. The region's five postcode areas showed divergent price movements, with Derby and Lincoln posting growth while Nottingham and Leicester fell.
Property Prices by Postcode Area
Jul-26 average price by property type, with year-on-year change vs Jul-25.
| Area | Location | All | Detached | Semi-Det. | Terraced | Flat |
|---|---|---|---|---|---|---|
| Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | ||
| DE | Derby | £270,172 ▲ 4.8% | £367,041 ▼ 2.9% | £245,684 ▲ 4.8% | £187,857 ▲ 8.5% | £140,450 ▲ 7.6% |
| LE | Leicester | £301,962 ▼ 2.9% | £431,430 ▼ 3.6% | £262,838 ▼ 2.1% | £207,972 ▼ 9.1% | £141,973 ▲ 1.4% |
| LN | Lincoln | £256,390 ▲ 2.9% | £311,180 ▼ 7.2% | £205,924 ▲ 1.6% | £164,000 ▼ 7.3% | £123,947 ▼ 4.2% |
| NG | Nottingham | £254,890 ▼ 3.8% | £355,660 ▼ 6.2% | £217,594 ▼ 4.3% | £188,327 ▲ 5% | £127,643 ▼ 6.1% |
| NN | Northampton | £309,351 ▲ 2.9% | £440,323 ▲ 1.6% | £274,434 ▼ 4.4% | £243,047 ▲ 9.9% | £139,527 ▼ 8.8% |
| East Midlands | £279,157 ▼ 0.3% | £383,904 ▼ 3.7% | £242,420 ▼ 2.6% | £202,182 ▲ 2% | £136,663 ▼ 2.3% | |
DE recorded the strongest price growth at +4.8% to £270,172, with LN and NN each rising 2.9%. NG fell 3.8% to £254,890 and LE declined 2.9% to £301,962. NN remains the most expensive area in the region at £309,351.
Average Monthly Rent by Postcode Area
Jul-26 average monthly rent by property type, with year-on-year change vs Jul-25.
| Area | Location | All | Detached | Semi-Det. | Terraced | Flat |
|---|---|---|---|---|---|---|
| Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | ||
| DE | Derby | £843 ▲ 3.8% | £1,097 ▲ 3.3% | £895 ▲ 4% | £821 ▲ 4% | £681 ▲ 3.6% |
| LE | Leicester | £971 ▲ 4.2% | £1,301 ▲ 3.7% | £1,016 ▲ 4.3% | £945 ▲ 4.4% | £774 ▲ 4% |
| LN | Lincoln | £809 ▲ 6.5% | £1,012 ▲ 6.2% | £852 ▲ 6.8% | £801 ▲ 6.7% | £661 ▲ 6.4% |
| NG | Nottingham | £901 ▲ 2.7% | £1,163 ▲ 2.2% | £946 ▲ 2.9% | £882 ▲ 3% | £734 ▲ 2.5% |
| NN | Northampton | £1,041 ▲ 4.1% | £1,407 ▲ 3.7% | £1,071 ▲ 4.2% | £1,018 ▲ 4.4% | £829 ▲ 3.9% |
| East Midlands | £913 ▲ 4.2% | £1,196 ▲ 3.7% | £956 ▲ 4.4% | £893 ▲ 4.4% | £736 ▲ 4% | |
LN recorded the strongest rent growth at 6.5% to £809 per month, followed by LE at 4.2% and NN at 4.1%. NG recorded the weakest growth at 2.7%. NN commands the highest average monthly rent in the region at £1,041.
Gross Rental Yields by Postcode Area
Jul-26 gross yield (annual rent ÷ purchase price) by property type, with year-on-year change vs Jul-25.
| Area | Location | All | Detached | Semi-Det. | Terraced | Flat |
|---|---|---|---|---|---|---|
| Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | Jul-26 / vs Jul-25 | ||
| DE | Derby | 3.7% ▼ 0.04pp | 3.6% ▲ 0.22pp | 4.4% ▼ 0.03pp | 5.2% ▼ 0.22pp | 5.8% ▼ 0.23pp |
| LE | Leicester | 3.9% ▲ 0.26pp | 3.6% ▲ 0.25pp | 4.6% ▲ 0.29pp | 5.5% ▲ 0.71pp | 6.5% ▲ 0.16pp |
| LN | Lincoln | 3.8% ▲ 0.13pp | 3.9% ▲ 0.49pp | 5.0% ▲ 0.24pp | 5.9% ▲ 0.77pp | 6.4% ▲ 0.63pp |
| NG | Nottingham | 4.2% ▲ 0.27pp | 3.9% ▲ 0.32pp | 5.2% ▲ 0.37pp | 5.6% ▼ 0.11pp | 6.9% ▲ 0.58pp |
| NN | Northampton | 4.0% ▲ 0.05pp | 3.8% ▲ 0.08pp | 4.7% ▲ 0.39pp | 5.0% ▼ 0.27pp | 7.1% ▲ 0.87pp |
| East Midlands | 3.9% ▲ 0.17pp | 3.7% ▲ 0.27pp | 4.7% ▲ 0.32pp | 5.3% ▲ 0.12pp | 6.5% ▲ 0.39pp | |
NG offers the highest gross yield in the region at 4.24%, expanding 0.27 percentage points year-on-year, followed by LE at 3.86% (+0.26pp). DE saw marginal yield compression of -0.04pp, consistent with its price appreciation outpacing rent growth.