DE55 1LP is a residential postcode situated on Cherry Tree Avenue, Leabrooks, Alfreton, DE55 with 25 addresses.
It ranks as the 725th largest and 761st most expensive of the 1,153 postcodes in the DE55 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 25 properties: 25 houses.
DE55 1LP is a residential postcode situated on Cherry Tree Avenue, Leabrooks, Alfreton, DE55 with 25 addresses.
It ranks as the 725th largest and 761st most expensive of the 1,153 postcodes in the DE55 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 25 properties: 25 houses.
Sale prices range from £193,355 for 2 bedroom freehold houses with a garden (538 ft2) to £326,290 for 3 bedroom freehold houses with a garden (1,065 ft2) .
Monthly rental prices range from £742 pcm for 2 bed houses to £1,144 pcm for 3 bed houses.
The gross rental yield is between 4.2% and 4.6%.
The average value per square foot is £310.
The last sale in DE55 1LP sold for £220,000 on 20th October 2022. Since then prices are down an average of 2.9%.
The current average value in the postcode is £232,744.
The DE55 1LP Sales Market has increased by 44.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.4% | £232,744 |
| April 2025 | 2.5% | £238,496 |
| April 2024 | -1.3% | £232,695 |
| April 2023 | 2.5% | £235,642 |
| April 2022 | 12.5% | £229,832 |
| April 2021 | 7.7% | £204,286 |
| April 2020 | 2.6% | £189,726 |
| April 2019 | 3.3% | £184,854 |
| April 2018 | 6.5% | £178,943 |
| April 2017 | 4.4% | £168,075 |
| April 2016 | 5% | £161,013 |
| April 2015 | 4.4% | £153,308 |
| April 2014 | 3.8% | £146,785 |
| April 2013 | 4.3% | £141,386 |
| April 2012 | -0.7% | £135,518 |
| April 2011 | -0.3% | £136,492 |
| April 2010 | -1.9% | £136,949 |
| April 2009 | -8.4% | £139,618 |
| April 2008 | -1.9% | £152,399 |
| April 2007 | 0% | £155,279 |
The current average rental value in the postcode is £879.
The DE55 1LP Rental Market has increased by 61.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.7% | £879pcm |
| April 2025 | 3.6% | £864pcm |
| April 2024 | 6.6% | £834pcm |
| April 2023 | 11.1% | £782pcm |
| April 2022 | 8.9% | £704pcm |
| April 2021 | 6.3% | £646pcm |
| April 2020 | 3.4% | £608pcm |
| April 2019 | 1.8% | £588pcm |
| April 2018 | 2.5% | £578pcm |
| April 2017 | 3.5% | £564pcm |
| April 2016 | 1.2% | £545pcm |
| April 2015 | 1.4% | £538pcm |
| April 2014 | 3.7% | £531pcm |
| April 2013 | 2.8% | £512pcm |
| April 2012 | -1% | £498pcm |
| April 2011 | 1.9% | £503pcm |
| April 2010 | 0.6% | £494pcm |
| April 2009 | -3.9% | £491pcm |
| April 2008 | 1.5% | £511pcm |
| April 2007 | 0% | £503pcm |
The last sale was on 20th October 2022 for £220,000 and since then the market in the area has decreased by 2.9%. The postcode has had a total of 20 sales since 1995.
DE55 1LP has seen no sales in the last three years and no sales in the last twelve months.
DE55 1LP is the 725th largest and the 761st most expensive postcode out of the 1,153 postcodes in the DE55 area.
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The closest station to DE55 1LP is Alfreton station which is 3.0 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around DE55 1LP, 76.7% of property is privately owned outright and 19.4% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around DE55 1LP, 7.8% of residents are recorded as possessing school level qualifications and 26.2% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around DE55 1LP, the average age was 45.6 and the most common age was 72.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around DE55 1LP, 1.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around DE55 1LP, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.