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West Hallam House Prices West Hallam House Prices

The average house price in West Hallam is £319,331 using HM Land Registry data.

The average property price increased by £83,750 (39.29%) over the last 5 years and increased by £16,738 (5.97%) over the last 12 months.

Over the last year, there were 51 residential property sales – a decrease of 48 transactions (-94.12%) relative to the previous year. The majority of house sales (15) were in the £160,000 - £210,000 range. Then came properties in the £260,000 - £310,000 range, where 12 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 71 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,513 (-2%).

In April 2024, there were 23 new estate agency instructions, 9 agreed home sales and 8 property price reductions.

Postcodes Covered: DE7

5-Year Average Property Prices in West Hallam

39.29%

Property prices in West Hallam increased by 39.29% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in West Hallam Over the Last Year

5.97%

Property prices in West Hallam increased by 5.97% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for West Hallam - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in West Hallam

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in West Hallam

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in West Hallam

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the West Hallam since 1995

Using HM Land Registry data, this chart displays average annual house prices in the West Hallam area since 1995.

Recent Property Sales in West Hallam

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
73 Hallam Way, West Hallam, Ilkeston, Derbyshire, DE7 6LP£235,000£215,000-£20,00030 Jun 202301 Mar 2024245 Days
15 Marlow Crescent, West Hallam, Ilkeston, Derbyshire, DE7 6PD£350,000£350,000£0012 Oct 202323 Feb 2024134 Days
298 Belper Road, Stanley Common, Ilkeston, Derbyshire, DE7 6FY£295,000£278,000-£17,00020 Feb 202305 Jan 2024319 Days
108 Belper Road, Stanley Common, Ilkeston, Derbyshire, DE7 6FQ£200,000£195,000-£5,00015 Aug 202305 Jan 2024143 Days
72 High Lane East, West Hallam, Ilkeston, Derbyshire, DE7 6HW£435,000£420,000-£15,00003 Jul 202319 Dec 2023169 Days
25 High Lane East, West Hallam, Ilkeston, Derbyshire, DE7 6HW£375,000£363,490-£11,51026 Jul 202315 Dec 2023142 Days
13 Farnham Walk, West Hallam, Ilkeston, Derbyshire, DE7 6LQ£164,950£160,500-£4,45026 Jul 202314 Dec 2023141 Days
4 Harlow Court, West Hallam, Ilkeston, Derbyshire, DE7 6LL£219,950£217,000-£2,95003 Jul 202314 Dec 2023164 Days
57 The Crescent, Stanley Common, Ilkeston, Derbyshire, DE7 6GL£205,000£200,000-£5,00003 Nov 202204 Dec 2023396 Days
32 Belper Road, Stanley Common, Ilkeston, Derbyshire, DE7 6FP£575,000£555,000-£20,00019 Apr 202301 Dec 2023226 Days
191 Belper Road, Stanley Common, Ilkeston, Derbyshire, DE7 6FT£375,000£375,000£0009 May 202317 Nov 2023192 Days
7 Holme Croft, West Hallam, Ilkeston, Derbyshire, DE7 6JQ£270,000£270,000£0014 Aug 202303 Nov 202381 Days
16 High Lane East, West Hallam, Ilkeston, Derbyshire, DE7 6HW£595,000£565,000-£30,00003 May 202227 Oct 2023542 Days
34 Peveril Crescent, West Hallam, Ilkeston, Derbyshire, DE7 6JF£220,000£210,000-£10,00019 May 202320 Oct 2023154 Days
33 Station Road, West Hallam, Ilkeston, Derbyshire, DE7 6GW£259,950£253,000-£6,95026 Apr 202304 Oct 2023161 Days
185 High Lane West, West Hallam, Ilkeston, Derbyshire, DE7 6HP£345,000£308,000-£37,00003 Mar 202304 Oct 2023215 Days
142 Hallam Way, West Hallam, Ilkeston, Derbyshire, DE7 6LE£174,950£174,950£0025 May 202328 Sep 2023126 Days
16 Marlow Crescent, West Hallam, Ilkeston, Derbyshire, DE7 6PD£164,950£164,950£0026 May 202322 Sep 2023119 Days
5 Derbyshire Avenue, West Hallam, Ilkeston, Derbyshire, DE7 6HJ£220,000£184,000-£36,00027 Apr 202322 Sep 2023148 Days
306 Belper Road, Stanley Common, Ilkeston, Derbyshire, DE7 6FY£269,950£265,000-£4,95018 May 202320 Sep 2023125 Days

Most Expensive Streets in West Hallam

PostcodeStreetAreaAverageNo. of Sales
DE7 6HWHigh Lane EastWest Hallam£410,49913
DE7 6GGCommon LaneStanley Common£399,0003
DE7 6HUHigh Lane CentralWest Hallam£389,5006
DE7 6QBWhite Hart CloseWest Hallam£386,0005
DE7 6GRThe VillageWest Hallam£375,8336
DE7 6GASpencer StreetStanley Common£359,0005
DE7 6HPHigh Lane WestWest Hallam£350,10010
DE7 6HQHigh Lane WestWest Hallam£333,8889
DE7 6GQGlendon StreetStanley Common£321,8878
DE7 6NPLechlade CloseWest Hallam£292,0003

Least Expensive Streets in West Hallam

PostcodeStreetAreaAverageNo. of Sales
DE7 6FRBrickyardStanley Common£149,6663
DE7 6FQBelper RoadStanley Common£151,7898
DE7 6LQFarnham WalkWest Hallam£155,5579
DE7 6GEHayeswood RoadStanley Common£160,4166
DE7 6LJChertsey CourtWest Hallam£160,5003
DE7 6LEHallam WayWest Hallam£168,70212
DE7 6LHAshford CourtWest Hallam£171,0905
DE7 6LFScargill RoadWest Hallam£171,6949
DE7 6NTWindsor CourtWest Hallam£182,8805
DE7 6FSBelper RoadStanley Common£186,72912

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