Ilkeston Property Market: House Prices, Sold Data & Development Finance, End of H1 2026

South-east Derbyshire town with Erewash Canal regeneration and affordable development land

The Ilkeston property market recorded 540 residential sales over the past 12 months, with a median sale price of £184,500. This places Ilkeston £33k below the Derbyshire county median of £217,000, and £101k below the UK national median of £285,000.

Prices in Ilkeston have shown modest growth, with a year-on-year change of +1.4%. Within Derbyshire, Ilkeston ranks 8th by price out of 8 principal towns, and 8th by transaction volume.

Ilkeston median prices have moved from £190,000 in Q1 2025 to £172,500 in Q2 2026, a change of -9.2% over 5 quarters.

Property prices in Ilkeston vary significantly by type. The table below compares Ilkeston prices with Derbyshire county averages and UK national figures.

Detached homes in Ilkeston command £300,000, while flat properties are most accessible at £98,250. The £202k spread between the most and least expensive types indicates a diverse market with opportunities across the development spectrum.

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 0.0% 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, 175 new-build completions were recorded — see our Derbyshire property market report for the full county picture.

The following table shows the most recent property transactions recorded in Ilkeston, providing real-time evidence of achieved prices for buyers, sellers, and developers:

These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £25,000 to £215,000 illustrates the breadth of the Ilkeston market.

For developers considering Ilkeston, the local market data translates directly into finance structuring. With a median value of £184,500 and detached homes at £300,000, lenders can assess scheme viability with confidence.

A typical development finance facility for a Ilkeston scheme with a GDV of £300,000 would attract senior debt of approximately £195,000 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 1.4% 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.

To put Ilkeston's market in context, the table below compares it with similarly-priced towns across Derbyshire:

For the full Derbyshire town-by-town breakdown, see our comprehensive Derbyshire property market report.