East Midlands property prices

The average property price in East Midlands region is £216k. The average price increased by £3.2k (2%) over the last twelve months. The price of an established property is £211k. The price of a newly built property is £266k. There were 52.7k property sales and sales dropped by 32.1% (-28.9k transactions). Most properties were sold in the £150k-£200k price range with 12788 (24.2%) properties sold, followed by £100k-£150k price range with 11793 (22.4%) properties sold.

December 2019 - November 2020

East Midlands region

England and Wales

£216k

average property price

£308k

average property price

2%

average price percentage change

4%

average price percentage change

£3.2k

average price change

£12.9k

average price change

East Midlands house prices map

This price map shows the average property price in a given county between December 2019 - November 2020. The most affordable place was 'Lincolnshire' with the average price of £189k. The most expensive place was 'Rutland', £350k.

East Midlands house prices map

CountyAverage price % of East Midlands avg. price (£216k)
Derbyshire£205k95%
Leicestershire£242k112%
Lincolnshire£189k88%
Northamptonshire£258k119%
Nottinghamshire£198k92%
Rutland£350k162%

East Midlands house prices compared to other regions

Comparison of the average property price and an average price percentage change by region. Price % change compares the average property price between December 2019 - November 2020 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in region.

East Midlands house prices compared to other regionsAverage price percentage change
Average property price

East Midlands house price rank

With the average price of £216k, East Midlands is the 5. cheapest region out of 10 England and Wales' regions.

East Midlands house price rank

East Midlands property sales share by price range

shows a number of properties sold in a given price range between December 2019 - November 2020.

East Midlands property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.6%335
£50k-£100k9.4%4.9k
£100k-£150k22.4%11.8k
£150k-£200k24.2%12.8k
£200k-£250k16.6%8.8k
£250k-£300k10.4%5.5k
£300k-£400k9.8%5.2k
£400k-£500k3.5%1.9k
£500k-£750k2.4%1.3k
£750k-£1M0.4%237
over £1M0.2%90

East Midlands cost comparison of new homes and older homes

December 2019 - November 2020

East Midlands cost comparison of new homes and older homes

£266k

A newly built property

£211k

An established property

East Midlands cost comparison of houses and flats

December 2019 - November 2020

East Midlands cost comparison of houses and flats

£311k

Detached

£127k

Flat

£185k

Semi-Detached

£151k

Terraced

East Midlands real house prices

Yearly average nominal house prices adjusted for inflation.

East Midlands real house prices

East Midlands house prices compared to England & Wales' house prices

Yearly average nominal prices

East Midlands house prices

East Midlands house prices per square meter

Yearly average nominal prices per square meter.

Average price per square meter

East Midlands house prices and nearby regions

Yearly average nominal prices

East Midlands house prices and nearby regions

East Midlands house prices new vs established

Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.

East Midlands house prices new vs established

East Midlands house prices by property type

Yearly average nominal prices

East Midlands house prices by property type

East Midlands house price to earnings ratio

The median property price to median earnings ratio in East Midlands is 6.7. Ie. East Midlands resident with middle-income needs 6.7 gross annual salaries to buy a medium-priced property. The England and Wales ratio was 7.7 in 2019.
East Midlands house price to earnings ratio history

RegionMedian house price to median salary ratio in 2019
North West5.8
Yorkshire5.9
East Midlands6.7
West Midlands6.9
England and Wales7.7
East of England9
South East9.7

Other reports for East Midlands region

new home prices

property transactions

home energy certificates

home features

energy costs

crime statistics

population statistics

salary and unemployment

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