The average house in the East Midlands is now worth £244,000, with prices there having risen by 7.1 per cent in the last year.
That is slightly lower than the UK average of £271,000, with house prices nationally having risen by 6.4 per cent annually.
There are some places in the East Midlands where house values have increased much faster than others - including one area known for its natural beauty and charming villages, where prices have shot up by 16.9 per cent in the last year.
Below are the 13 areas of the East Midlands where house prices are rising fastest, based on the annual percentage increase from March 2024 to March 2024, according to the latest data from the Office for National Statistics.
They are listed in reverse order, with the area where house prices have risen most rapidly last.
Is the area where you live among them?
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5. Chesterfield - 8.6%
The average house price in Chesterfield was £201,000 in March 2025, up by 8.6% from March 2024. That was the ninth biggest percentage increase of anywhere in the East Midlands, according to the latest data from the Office for National Statistics. | National World Photo: Jason Chadwick
6. Harborough - 8.8%
The average house price in Harborough was £347,000 in March 2025, up by 8.8% from March 2024. That was the eighth biggest percentage increase of anywhere in the East Midlands, according to the latest data from the Office for National Statistics. | National World Photo: National World
7. Derbyshire Dales - 9.3%
The average house price in the Derbsyhire Dales was £344,000 in March 2025, up by 9.3% from March 2024. That was the seventh biggest percentage increase of anywhere in the East Midlands, according to the latest data from the Office for National Statistics. | National World Photo: Derbyshire Times
8. Bolsover - 9.4%
The average house price in Bolsover was £181,000 in March 2025, up by 9.4% from March 2024. That was the sixth biggest percentage increase of anywhere in the East Midlands, according to the latest data from the Office for National Statistics. | National World Photo: Derbyshire Times