DE55 1RE is a residential postcode situated on Sleetmoor Lane, Somercotes, Alfreton, DE55 with 35 addresses.
It ranks as the 873rd largest and 493rd most expensive of the 1,153 postcodes in the DE55 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 35 properties: 35 houses.
DE55 1RE is a residential postcode situated on Sleetmoor Lane, Somercotes, Alfreton, DE55 with 35 addresses.
It ranks as the 873rd largest and 493rd most expensive of the 1,153 postcodes in the DE55 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 35 properties: 35 houses.
Sale prices range from £146,310 for 2 bedroom freehold houses with a garden (581 ft2) to £323,534 for 4 bedroom freehold houses with a garden (1,323 ft2) .
Monthly rental prices range from £750 pcm for 2 bed houses to £1,328 pcm for 4 bed houses.
The gross rental yield is between 4.0% and 6.2%.
The average value per square foot is £224.
The last sale in DE55 1RE sold for £244,000 on 29th September 2023. Since then prices are up an average of 1.6%.
The current average value in the postcode is £189,929.
The DE55 1RE Sales Market has increased by 48.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.1% | £189,929 |
| April 2025 | 2.6% | £194,057 |
| April 2024 | -0.9% | £189,117 |
| April 2023 | 2.6% | £190,753 |
| April 2022 | 12.8% | £185,891 |
| April 2021 | 8.9% | £164,769 |
| April 2020 | 1.9% | £151,321 |
| April 2019 | 4.4% | £148,528 |
| April 2018 | 6.5% | £142,303 |
| April 2017 | 4.5% | £133,637 |
| April 2016 | 5.8% | £127,847 |
| April 2015 | 3.7% | £120,886 |
| April 2014 | 5.2% | £116,597 |
| April 2013 | 3.6% | £110,869 |
| April 2012 | -0.4% | £107,008 |
| April 2011 | -0.7% | £107,465 |
| April 2010 | -1.4% | £108,241 |
| April 2009 | -11.2% | £109,749 |
| April 2008 | -1% | £123,557 |
| April 2007 | 0% | £124,771 |
The current average rental value in the postcode is £912.
The DE55 1RE Rental Market has increased by 64.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.1% | £912pcm |
| April 2025 | 3.7% | £893pcm |
| April 2024 | 6.7% | £861pcm |
| April 2023 | 11.2% | £807pcm |
| April 2022 | 9.6% | £726pcm |
| April 2021 | 6.9% | £663pcm |
| April 2020 | 3.6% | £620pcm |
| April 2019 | 1.7% | £598pcm |
| April 2018 | 2.4% | £589pcm |
| April 2017 | 3.4% | £575pcm |
| April 2016 | 1.4% | £556pcm |
| April 2015 | 1.2% | £548pcm |
| April 2014 | 4.5% | £541pcm |
| April 2013 | 2.3% | £518pcm |
| April 2012 | -1.4% | £507pcm |
| April 2011 | 2% | £514pcm |
| April 2010 | 0.4% | £504pcm |
| April 2009 | -5.2% | £502pcm |
| April 2008 | 1.8% | £529pcm |
| April 2007 | 0% | £520pcm |
The last sale was on 29th September 2023 for £244,000 and since then the market in the area has increased by 1.6%. The postcode has had a total of 41 sales since 1995.
DE55 1RE has seen 1 sale in the last three years and no sales in the last twelve months.
DE55 1RE is the 873rd largest and the 493rd most expensive postcode out of the 1,153 postcodes in the DE55 area.
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The closest station to DE55 1RE is Alfreton station which is 2.2 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around DE55 1RE, 51.7% of property is privately owned outright and 35.3% 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 1RE, 12.9% of residents are recorded as possessing school level qualifications and 22.8% 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 1RE, 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 1RE, 0.0% 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 1RE, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
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.