East Midlands property prices

The average property price in East Midlands region is £240k. The average price increased by £25.1k (12%) over the last twelve months. The price of an established property is £239k. The price of a newly built property is £268k. There were 64.8k property sales and sales dropped by 9.2% (-7.2k transactions). Most properties were sold in the £150k-£200k price range with 14596 (22.5%) properties sold, followed by £100k-£150k price range with 12173 (18.8%) properties sold.

August 2020 - July 2021

East Midlands region

England and Wales

£240k

average property price

£339k

average property price

12%

average price percentage change

12%

average price percentage change

£25.1k

average price change

£37.1k

average price change

East Midlands house prices map

This price map shows the average property price in a given county between August 2020 - July 2021. The most affordable place was 'Lincolnshire' with the average price of £207k. The most expensive place was 'Rutland', £403k.

East Midlands house prices map

CountyAverage price % of East Midlands avg. price (£240k)
Derbyshire£228k95%
Leicestershire£267k111%
Lincolnshire£207k86%
Northamptonshire£284k118%
Nottinghamshire£225k93%
Rutland£403k168%

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 August 2020 - July 2021 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 £240k, 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 August 2020 - July 2021.

East Midlands property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.5%303
£50k-£100k7.2%4.6k
£100k-£150k18.8%12.2k
£150k-£200k22.5%14.6k
£200k-£250k16.9%10.9k
£250k-£300k11.5%7.5k
£300k-£400k12.5%8.1k
£400k-£500k5.4%3.5k
£500k-£750k3.7%2.4k
£750k-£1M0.8%492
over £1M0.3%192

East Midlands cost comparison of new homes and older homes

August 2020 - July 2021

East Midlands cost comparison of new homes and older homes

£268k

A newly built property

£239k

An established property

East Midlands cost comparison of houses and flats

August 2020 - July 2021

East Midlands cost comparison of houses and flats

£339k

Detached

£136k

Flat

£200k

Semi-Detached

£162k

Terraced

East Midlands real house prices

Yearly average nominal house prices adjusted for inflation.

East Midlands real house prices

East Midlands house prices

Yearly average nominal prices compared to England & Wales' house prices

East Midlands house prices

East Midlands house prices per square meter

Yearly average nominal price per square meter compared to England & Wales' house prices

East Midlands house prices 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

house prices per square meter

new home prices

property transactions

energy costs

home features

salary and unemployment

crime statistics

population statistics

home energy certificates

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