# DE7 5BU Area Summary
This postcode sits within the Ilkeston area of Derbyshire, a traditional market town located between Nottingham and Derby. The property market here is characterised by affordability, with an average price of **£136,061** based on 65 properties—significantly below the national average. This makes DE7 5BU particularly attractive to first-time buyers, young families, and investors seeking rental opportunities in the East Midlands.
The area benefits from strong transport links via the A52 and proximity to both Derby and Nottingham, offering residents access to larger employment centres whilst maintaining more competitive house prices. Ilkeston has undergone regeneration efforts in recent years, including improved town centre facilities and the reintroduction of a railway station, which has enhanced connectivity and local appeal.
Property stock in this postcode typically comprises Victorian and Edwardian terraces alongside post-war semi-detached homes and some modern developments. The sub-£140,000 average price point represents excellent value for those seeking affordable housing in the Derbyshire/Nottinghamshire border region, with the area maintaining steady demand from local workers and commuters alike.
The average house price in DE7 5BU, Ilkeston is £136,061. Prices range from £87,000 to £190,000.
There are 65 properties in DE7 5BU, Ilkeston.
DE7 5BU contains 34 semi-detached properties, 16 terraced properties, 15 flat / maisonette properties.
Average house prices in DE7 5BU have risen by 10.8% from £123,930 in 2004 to £137,375 in 2024.
DE7 5BU is located in Ilkeston, Derbyshire, England.