DE55 2GE is a residential postcode situated on Water Lane, South Normanton, Alfreton, DE55 with 3 addresses.
It ranks as the 60th largest and 502nd most expensive of the 1,153 postcodes in the DE55 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 3 properties: 2 houses and 1 flat.
DE55 2GE is a residential postcode situated on Water Lane, South Normanton, Alfreton, DE55 with 3 addresses.
It ranks as the 60th largest and 502nd most expensive of the 1,153 postcodes in the DE55 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 3 properties: 2 houses and 1 flat.
Sale prices range from £87,560 for 4 bedroom Leasehold flats (1,097 ft2) to £179,534 for 3 bedroom freehold houses with a garden (785 ft2) .
Monthly rental prices range from £416 pcm for 4 bed flats to £887 pcm for 3 bed houses.
The gross rental yield is between 5.7% and 5.9%.
The average value per square foot is £222.
The last sale in DE55 2GE sold for £140,000 on 15th October 2019. Since then prices are down an average of 0.0%.
The current average value in the postcode is £148,876.
The DE55 2GE Sales Market has increased by 54.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.6% | £148,876 |
| April 2025 | 2.8% | £151,263 |
| April 2024 | -0.5% | £147,114 |
| April 2023 | 2.8% | £147,825 |
| April 2022 | 13.7% | £143,736 |
| April 2021 | 9.9% | £126,376 |
| April 2020 | 2.1% | £114,978 |
| April 2019 | 4.9% | £112,668 |
| April 2018 | 6.2% | £107,397 |
| April 2017 | 4.6% | £101,114 |
| April 2016 | 6.1% | £96,688 |
| April 2015 | 3.1% | £91,124 |
| April 2014 | 6.6% | £88,415 |
| April 2013 | 2.4% | £82,918 |
| April 2012 | -0.3% | £80,980 |
| April 2011 | -1.4% | £81,247 |
| April 2010 | -1.2% | £82,435 |
| April 2009 | -13.4% | £83,408 |
| April 2008 | -0.8% | £96,367 |
| April 2007 | 0% | £97,193 |
The current average rental value in the postcode is £730.
The DE55 2GE Rental Market has increased by 68.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.6% | £730pcm |
| April 2025 | 3.9% | £711pcm |
| April 2024 | 6.9% | £685pcm |
| April 2023 | 11% | £640pcm |
| April 2022 | 10.8% | £577pcm |
| April 2021 | 7.9% | £521pcm |
| April 2020 | 3.8% | £483pcm |
| April 2019 | 1.7% | £465pcm |
| April 2018 | 2.3% | £457pcm |
| April 2017 | 3% | £447pcm |
| April 2016 | 1.8% | £434pcm |
| April 2015 | 1.2% | £427pcm |
| April 2014 | 5.3% | £422pcm |
| April 2013 | 1.3% | £400pcm |
| April 2012 | -1.4% | £395pcm |
| April 2011 | 1.8% | £401pcm |
| April 2010 | 0.1% | £394pcm |
| April 2009 | -7% | £393pcm |
| April 2008 | 1.3% | £423pcm |
| April 2007 | 0% | £418pcm |
The last sale was on 15th October 2019 for £140,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
DE55 2GE has seen no sales in the last three years and no sales in the last twelve months.
DE55 2GE is the 60th largest and the 502nd most expensive postcode out of the 1,153 postcodes in the DE55 area.
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The closest station to DE55 2GE is Alfreton station which is 2.4 kilometres away.
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