Be the first Estate
Agent here!
Pit Lane is a residential street with 2 addresses.
It ranks as the 47th largest and 899th most expensive of the 1,287 streets in the DE75 area. The dominant property type is a modern house built after 1980.
The street contains a total of 2 properties: 2 houses.
Pit Lane is a residential street with 2 addresses.
It ranks as the 47th largest and 899th most expensive of the 1,287 streets in the DE75 area. The dominant property type is a modern house built after 1980.
The street contains a total of 2 properties: 2 houses.
Sale prices range from £248,383 for 3 bedroom freehold houses with a garden (947 ft2) to £248,383 for 3 bedroom freehold houses with a garden (947 ft2) .
Monthly rental prices range from £1,013 pcm for 3 bed houses to £1,013 pcm for 3 bed houses.
The gross rental yield is between 4.9% and 4.9%.
The average value per square foot is £262.
The last sale on Pit Lane sold for £250,000 on 20th October 2023. Since then prices are down an average of 0.8%.
The current average value in the street is £248,383.
The Pit Lane Sales Market has increased by 45.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -3.7% | £248,383 |
| May 2025 | 2.9% | £257,820 |
| May 2024 | -0.1% | £250,591 |
| May 2023 | 3.7% | £250,966 |
| May 2022 | 10.3% | £241,916 |
| May 2021 | 9.8% | £219,331 |
| May 2020 | 1% | £199,689 |
| May 2019 | 3.8% | £197,719 |
| May 2018 | 5.9% | £190,523 |
| May 2017 | 5.5% | £179,894 |
| May 2016 | 4% | £170,499 |
| May 2015 | 6% | £163,894 |
| May 2014 | 5.3% | £154,638 |
| May 2013 | 1.6% | £146,883 |
| May 2012 | 0.5% | £144,639 |
| May 2011 | -1.1% | £143,968 |
| May 2010 | 3.9% | £145,532 |
| May 2009 | -9% | £140,021 |
| May 2008 | -2.9% | £153,913 |
| May 2007 | 0% | £158,510 |
The current average rental value in the street is £1,013.
The Pit Lane Rental Market has increased by 60.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.4% | £1,013pcm |
| May 2025 | 3.5% | £999pcm |
| May 2024 | 5.6% | £966pcm |
| May 2023 | 9.4% | £914pcm |
| May 2022 | 11.4% | £836pcm |
| May 2021 | 7% | £750pcm |
| May 2020 | 3.1% | £701pcm |
| May 2019 | 2.7% | £680pcm |
| May 2018 | 2.3% | £663pcm |
| May 2017 | 2.8% | £648pcm |
| May 2016 | 2.8% | £631pcm |
| May 2015 | 2.6% | £613pcm |
| May 2014 | 2.9% | £597pcm |
| May 2013 | 1.3% | £581pcm |
| May 2012 | 0.4% | £573pcm |
| May 2011 | 3.2% | £571pcm |
| May 2010 | 2.3% | £553pcm |
| May 2009 | -3.9% | £540pcm |
| May 2008 | 1% | £562pcm |
| May 2007 | 0% | £557pcm |
The last sale was on 20th October 2023 for £250,000 and since then the market in the area has decreased by 0.8%. The street has had a total of 2 sales since 1995.
Pit Lane, Shipley, Heanor, DE75 has seen 1 sale in the last three years and no sales in the last twelve months.
Pit Lane, Shipley, Heanor, DE75 is the 47th largest and the 899th most expensive street in the DE75 area.
There is 1 postcode on Pit Lane, Shipley, Heanor, DE75.
The closest station to Pit Lane, Shipley, Heanor, DE75 is Langley Mill station which is 2.2 kilometres away.
Be the first Estate
Agent here!
The recent census recorded whether a resident owned or rented their home.
In the area around Pit Lane, Shipley, Heanor, DE75, 52.8% of property is privately owned outright and 40.0% 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 Pit Lane, Shipley, Heanor, DE75, 13.2% of residents are recorded as possessing school level qualifications and 33.1% 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 Pit Lane, Shipley, Heanor, DE75, the average age was 40.5 and the most common age was 32.
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 Pit Lane, Shipley, Heanor, DE75, 0.2% 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 Pit Lane, Shipley, Heanor, DE75, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.