# DE55 2LE Area Summary
The DE55 2LE postcode covers part of South Normanton in Derbyshire, a former mining village that has evolved into a popular residential area offering affordable housing in the East Midlands. With an average property price of £96,946 based on 74 properties, this area represents exceptional value compared to the national average, making it particularly attractive to first-time buyers, young families, and property investors seeking strong rental yields in the Nottinghamshire-Derbyshire border region.
The area benefits from excellent transport links, with the M1 motorway nearby providing swift access to Nottingham, Derby, and Sheffield. South Normanton has undergone significant regeneration in recent years, with modern housing developments complementing the traditional Victorian and post-war housing stock. The price point reflects the area's working-class heritage whilst offering genuine affordability in today's challenging property market.
This postcode presents compelling opportunities for buyers seeking budget-friendly properties within commuting distance of major East Midlands employment centres. The combination of low entry prices, improving local amenities, and strong transport connectivity positions DE55 2LE as a practical choice for those prioritising value and accessibility over premium locations.
The average house price in DE55 2LE, Alfreton is £96,946. Prices range from £27,500 to £326,000.
There are 74 properties in DE55 2LE, Alfreton.
DE55 2LE contains 42 detached properties, 17 semi-detached properties, 12 terraced properties, 3 flat / maisonette properties.
Average house prices in DE55 2LE have risen by 316% from £49,363 in 1995 to £205,333 in 2024.
DE55 2LE is located in Alfreton, Derbyshire, England.