East Midlands: the market in figures
East Midlands ranks 6th of the nine English regions at £241,955, a level 17.6% under the English average of £293,525. The West Midlands, at £250,731, is the nearest region above it, and the North West, at £220,393, the nearest below.
Growth over the year was 0.5%. From £166,249 in 2016 the series has gained 45.5%, or £75,706. The strongest year was 2022, at 13.3%, after 8.2% for 2021. Then came two soft years, with falls of 0.5% and 0.7%, before 2.8% arrived for 2025. The latest figure is the top of the series. Among the English regions this puts it between the West Midlands, up 1.2%, and the North West, up 2.2%.
The cheapest type is the flat at £124,216; the detached home reaches £355,978, which is £231,762 more, or 186.6%. Semi-detached homes cost £231,098 and terraced homes £187,398. First-time buyers pay £206,771, 14.5% below the all-buyer figure.
The region has 11 covered areas. Harborough is highest, £341,706, up 5%, followed by Rutland, £307,406, which lost 2.7%, and Blaby, £293,412. Bolsover is lowest, £183,198, with Bassetlaw (£211,488) and Leicester (£226,881, down 1.5%) above it. North East Derbyshire rose most, by 5.3%. West Northamptonshire led on sales with 5,921, ahead of North Northamptonshire with 5,178, within 66,059 for the region as a whole.
Tax on a purchase at the regional average is modest. Stamp Duty Land Tax comes to £2,339 for home movers, (1% of the price); first-time buyers are charged nothing, additional properties £14,437, and the HM Land Registry fee is £150.
Payotte, from the UK HPI and the calculator.
Calculate for East Midlands
Frequently asked questions
What is the average house price in the East Midlands?
The average price of a home in the East Midlands was £241,955 in August 2026, +0.5% over twelve months (UK House Price Index).
Have house prices gone up in the East Midlands?
The average price in the East Midlands went from £166,249 in August 2016 to £241,955 in August 2026, a change of +45.5%; +0.5% over the last twelve months (UK House Price Index).
How much Stamp Duty Land Tax on an average-priced home in the East Midlands?
On £241,955, Stamp Duty Land Tax (SDLT) comes to £2,339 for a home mover, £0 for a first-time buyer and £14,437 for an additional property, at the rates in force in England.
How much tax when you sell a home in the East Midlands?
None on your main home if it was your only home, lived in for all the time you owned it, not let out and not used exclusively for business (Private Residence Relief). A second home or a buy-to-let pays Capital Gains Tax above the £3,000 allowance (2026 to 2027; rates in the calculator above). Bought at the average price in the East Midlands in August 2016 (£166,249) and sold at the August 2026 average (£241,955), the gain of £75,706 costs a higher rate taxpayer £17,449, before deducting the costs of buying, selling and improving. The tax is reported and paid within 60 days of completion (HMRC).
Prices by property type, August 2026
| Type | Average price | England |
|---|---|---|
| Detached | £355,978 | £472,671 |
| Semi-detached | £231,098 | £291,962 |
| Terraced | £187,398 | £247,371 |
| Flat or maisonette | £124,216 | £218,563 |
| All types | £241,955 | £293,525 |
| First-time buyers | £206,771 | £246,042 |
The UK HPI is a mix-adjusted average (a hedonic model), not the price of the homes sold in the month. Northern Ireland figures are quarterly.
The trend, August of each year
| Year | Average price | Change on the year before |
|---|---|---|
| 2016 | £166,249 | — |
| 2017 | £175,988 | +5.9% |
| 2018 | £185,470 | +5.4% |
| 2019 | £188,104 | +1.4% |
| 2020 | £193,470 | +2.9% |
| 2021 | £209,343 | +8.2% |
| 2022 | £237,151 | +13.3% |
| 2023 | £235,914 | -0.5% |
| 2024 | £234,304 | -0.7% |
| 2025 | £240,801 | +2.8% |
| 2026 | £241,955 | +0.5% |
Areas covered in the East Midlands
Sources
- Prices and sales: UK House Price Index, file UK-HPI-full-file-2026-08.csv. Contains HM Land Registry data © Crown copyright and database right 2020. This data is licensed under the Open Government Licence v3.0.
- Purchase tax: rates and sources of the calculator (HMRC).
- Tax when you sell: Capital Gains Tax rates, Tax when you sell your home and Report and pay your Capital Gains Tax (GOV.UK, HMRC).