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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Erewash Square, Ilkeston is £87,666 and the estimated rental value is £550 per month.
Erewash Square, Ilkeston, DE7 is located in the borough of Erewash within the DE7 postal district.
2, Erewash Square, Ilkeston has no records in the the Land Registry and a single entry in the EPC database dated February 2025.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Erewash Square, Ilkeston is in very good condition we estimate a sale value of £92,049 and a rental value of £577 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £81,530 and a rental value of £511 per month.
Over the last 12 months the sale value of 2 Erewash Square Ilkeston has decreased by an estimated £2,073 (2.4%) and its rental value has increased by an estimated £14 per month (2.5%), giving an expected gross yield of 7.5%.
2, Erewash Square, Ilkeston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Feb 2025.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Erewash Square, Ilkeston within a radius of 560 metres over the last 2 years.
The most recent example is Flat, Needlemakers Arms, Kensington Street, Ilkeston, DE7 5NY, a leasehold flat which sold for £250,000 on the 31st May 2024.
Read more about house prices in DE7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Erewash Square, Ilkeston, DE7 has a total of 40 addresses. According to our analysis of all the public data, 2, Erewash Square, Ilkeston is the 34th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £124k less expensive than the average property in DE7.
The closest station to 2, Erewash Square, Ilkeston is Ilkeston station which is 1.7 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Erewash Square, Ilkeston, 60.3% of property is socially rented and 17.2% is privately owned outright.
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 2, Erewash Square, Ilkeston, 20.3% of residents are recorded as possessing school level qualifications and 12.7% 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 2, Erewash Square, Ilkeston, the average age was 39.9 and the most common age was 27.
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 2, Erewash Square, Ilkeston, 2.4% 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 2, Erewash Square, Ilkeston, there are an average of 0.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.