# DE7 4PX Area Summary
The DE7 4PX postcode covers part of Ilkeston in Derbyshire, a traditional market town located between Nottingham and Derby. This area represents an accessible entry point into the property market, with an average property price of £93,324 based on 87 properties—significantly below both regional and national averages. This pricing reflects Ilkeston's position as a more affordable commuter location, appealing particularly to first-time buyers and investors seeking yield in the East Midlands.
The notably low average price suggests a predominance of terraced houses and smaller properties typical of Ilkeston's Victorian and early 20th-century housing stock. The town benefits from strong transport links via the A52 and relatively easy access to Nottingham and Derby for employment, whilst maintaining lower property costs than these larger urban centres. The area has seen renewed interest following infrastructure improvements, including the return of the tram network connecting to Nottingham.
Ilkeston offers practical amenities including its historic market, local schools, and shopping facilities, making it suitable for families and young professionals seeking affordability without complete rural isolation. The property market here tends to attract buy-to-let investors due to competitive prices and steady rental demand from the local working population.
The average house price in DE7 4PX, Ilkeston is £93,324. Prices range from £47,500 to £231,000.
There are 87 properties in DE7 4PX, Ilkeston.
DE7 4PX contains 48 semi-detached properties, 21 terraced properties, 17 detached properties, 1 flat / maisonette properties.
Average house prices in DE7 4PX have risen by 214.8% from £65,002 in 1999 to £204,625 in 2024.
DE7 4PX is located in Ilkeston, Derbyshire, England.