Ilkeston Property Market Overview
South-east Derbyshire town with Erewash Canal regeneration and affordable development land
The Ilkeston property market recorded 520 residential sales over the past 12 months, with a median sale price of £181,625. This places Ilkeston £33k below the Derbyshire county median of £215,000, and £103k below the UK national median of £285,000.
Prices in Ilkeston have shown modest growth, with a year-on-year change of +0.9%. Within Derbyshire, Ilkeston ranks 6th by price out of 7 principal towns, and 7th by transaction volume.
Ilkeston House Prices by Property Type
Property prices in Ilkeston vary significantly by type. The table below compares Ilkeston prices with Derbyshire county averages and UK national figures.
| Type | Ilkeston | Derbyshire Avg | UK Avg |
|---|---|---|---|
| Detached | £282,500 | £330,000 | £420,000 |
| Semi-detached | £187,000 | £210,000 | £265,000 |
| Terraced | £140,000 | £160,000 | £230,000 |
| Flat | £96,500 | £126,000 | £225,000 |
Detached homes in Ilkeston command £282,500, while flat properties are most accessible at £96,500. The £186k spread between the most and least expensive types indicates a relatively compressed market where margins between types are tighter.
Median Price by Property Type
New Build Homes in Ilkeston
Ilkeston recorded 0 new-build transactions in the past 12 months, representing 0.0% of total sales. New-build supply is limited, potentially indicating either planning constraints or an untapped opportunity for developers.
New-build properties in Ilkeston traded at a discount of 100.0% versus existing stock. Developers should focus on specification, design quality, and location to maximise values above comparable second-hand stock.
Across the wider Derbyshire market, 206 new-build completions were recorded — see our Derbyshire property market report for the full county picture.
Recent Property Sales in Ilkeston
The following table shows the most recent property transactions recorded in Ilkeston, providing real-time evidence of achieved prices for buyers, sellers, and developers:
| Price | Type | Postcode | Date | Status |
|---|---|---|---|---|
| £102,000 | Terraced | DE7 8PE | 2026-02-13 | Existing |
| £250,000 | Detached | DE7 6LG | 2026-02-13 | Existing |
| £155,000 | Terraced | DE7 5EX | 2026-02-12 | Existing |
| £70,000 | Terraced | DE7 4EJ | 2026-02-12 | Existing |
| £276,500 | Detached | DE7 5FD | 2026-02-11 | Existing |
These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £70,000 to £276,500 illustrates the breadth of the Ilkeston market.
Development Finance in Ilkeston
For developers considering Ilkeston, the local market data translates directly into finance structuring. With a median value of £181,625 and detached homes at £282,500, lenders can assess scheme viability with confidence.
A typical development finance facility for a Ilkeston scheme with a GDV of £282,500 would attract senior debt of approximately £183,625 at 65% LTGDV. Mezzanine finance can stretch total borrowing to 85-90% of costs, while bridging loans enable rapid site acquisitions completing in as little as 5 working days.
With prices rising 0.9% year-on-year, Ilkeston presents a supportive environment for new development. Lenders view positive price momentum favourably when assessing loan applications.
Ready to develop in Ilkeston? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.
Ilkeston Compared to Nearby Derbyshire Towns
To put Ilkeston's market in context, the table below compares it with similarly-priced towns across Derbyshire:
| Town | Median Price | Sales (12m) | YoY Change |
|---|---|---|---|
| Ilkeston | £181,625 | 520 | +0.9% |
| Chesterfield | £181,500 | 1,185 | -2.9% |
| Long Eaton | £205,000 | 1,271 | -2.4% |
| Belper | £215,000 | 1,398 | -6.5% |
| Swadlincote | £237,000 | 1,323 | -7% |
| Buxton | £250,000 | 1,028 | -3.8% |
For the full Derbyshire town-by-town breakdown, see our comprehensive Derbyshire property market report.
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From 12% p.a. · Up to 85-90% LTGDVRelated Reports
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5 min readFrequently Asked Questions
What is the average house price in Ilkeston?
The median house price in Ilkeston is £181,625, based on 520 transactions over the past 12 months. Detached homes average £282,500 while flat properties average £96,500.
Are house prices rising or falling in Ilkeston?
House prices in Ilkeston are rising at +0.9% year-on-year. This positive trend suggests sustained buyer demand. The wider Derbyshire market is falling at -3.5%.
How many properties sold in Ilkeston recently?
Ilkeston recorded 520 residential property sales in the past 12 months. This high volume indicates a liquid, active market.
What development finance is available for projects in Ilkeston?
Developers in Ilkeston can access development finance from 6.5% p.a. at 65-70% LTGDV, mezzanine finance stretching to 85-90% of costs, bridging loans completing in 5-10 days, and development exit finance. Construction Capital sources the best terms from 100+ lenders.