For 2016 details - East Midlands Property Market 2016 

Story Highlights

• East Midlands in 2015 had total property sales of £17 billions.
• The total number of property sold in East Midlands in 2015 was 85,071
• Across its counties total sales value was maximum at Leicestershire at £3.7 billions.
• The average property price was £197 K and the median was £157 K
• The average sales price at county level is maximum for Rutland at £285 K 
• New properties contributed 13.05% by value and not new 86.95%

East Midlands is one of the 9 principal areas of England. It consists of Derbyshire, Nottinghamshire, Lincolnshire, Leicestershire, Rutland, Northamptionshire

 Total Value of Sales By Property Types

East Midlands in 2015 had total property sales of £17 billions. It is 5.68% of England and Wales Property Market 2015.

The split across the different property types are:

• Detached at £7.83 billions (46.67%)
• Semi-Detached at £3.944 billions (17.86%)
• Terraced at £2.994 billions (17.86 %) 
• Other at £1.363 billions (8.13%)  
• Flat/Maisonette at £0.64 billions (3.83%)

Total Sales By County 

The total sales of £17 Billions in 2015 is split across its counties as above.

• Leicestershire at £3.67 Billions (21.88%)
• Northamptonshire at £3.48 Billions (20.75%)
• Nottinghamshire at £3.36 Billions (20.05%)
• Derbyshire at £3.2 Billions (19.16%)
• Lincolnshire at £2.8 Billions (16.71%)
• Rutland at £244 millions (1.46%)

Total Number of Sales By Property Types

 The total number of property sold in East Midlands in 2015 was 85,071.

The split is :

• Detached at 29,738 (34.96%),  
• Semi-Detached at 25,537 (30.02%)
• Terraced at 22,788(26.79%) 
• Flat/Maisonette at 5,642 (6.63%) 
• Other at 1,366(1.61%) 

 Average & Median Sales Price 

The average sales price in East Midlands was 197 K.

For the different property types it was

• Detached at £263 K
• Semi-Detached at £155 K
• Terraced at £131 K
• Flat/Maisonette at £114 K
• Other it is at £998 K

Similarly the median sales price in East Midlands was 157 K.

For the different property types it was

• Detached at £235 K
• Semi-Detached at £143 K
• Terraced at £121 K
• Flat/Maisonette at £104 K
• Other it is at £297 K

 Average & Median Sales Price By County

The average of sales price in East Midland at county level in 2015 is :

• Maximum was at Rutland with sales price of £285 K 
• Followed by Northamptonshire at £227 K
• Leicestershire at £211 K
• Lincolnshire at £188 K
• Nottinghamshire at £180 K
• Minimum was for Derbyshire at £178 K

The median of sales price in East Midland at county level in 2015 is :

• Maximum was at Rutland with sales price of £238 K
• Followed by Northamptonshire at £178 K
• Leicestershire at £169 K
• Lincolnshire at £152 K
• Derbyshire at £148 K
• with minimum for Nottinghamshire at £136 K

New Vs Not New Property Statistics

By Sales Value

• Sales value contributed by New Property was £2.187 billions (13.05%)
• where as Not New Property contributed £14.58 billions (86.95%)

By Number Of Sales

• New properties sold were 9,737  (11.54%)
• where as not new property sold were 75,334 (88.55%)

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