Pay vs Place

Erewash: what a home costs and what you need to earn

East Midlands. House prices are based on 1,358 sales over the last 12 months.

Buying a home
Fairly affordable
A typical home costs 6.1× median full-time pay
Renting a home
Fairly affordable
Average rent takes 28% of median pay
Recorded crime
About average
74.3 per 1,000 residents (England and Wales: 81.3)

How we rate: buying compares the typical home price with median pay (under 5× affordable, 5 to 8× fairly affordable, 8 to 11× expensive, over 11× very expensive). Renting compares a year of average rent with median pay (under 25% affordable, 25 to 33% fairly affordable, 33 to 40% expensive, over 40% very expensive). Crime compares the rate per resident with the England and Wales average.

Median full-time pay
£36,290
Gross a year, people living in Erewash
Terraced house price ÷ pay
4.6×
A typical terraced house costs this many years of median pay
Renting a terraced house
27%
of median gross pay goes on rent (£807 a month)

What the numbers say about Erewash

Across all property types, the typical home sold in Erewash over the past year cost £220,000, which is 6.1× median full-time pay. Measured against pay, Erewash is the 71st least expensive of 316 areas for buying; the typical area is 7.6×. Within the East Midlands it is the 10th least expensive of 35 areas.

For a terraced house at £168,500, a lender would typically look for an income of around £33,500, and the 10% deposit would be £17,000, about 6 months of median gross pay. Median full-time pay here is £36,290, 108% of the income needed, so on these assumptions one median earner could meet the test alone.

Renting a terraced house costs about £807 a month, which is 27% of median gross pay. Across all property types the average rent is £834 a month. Measured against pay, it is the 80th least expensive of 316 areas for renting. Rents rose 2.4% over the latest year ONS measured, slower than the typical area (3.9%).

Median full-time pay of £36,290 is the 98th lowest of 316 areas; the typical area is £38,328. This is pay for people who live in Erewash, wherever they work.

Police recorded 74.3 crimes per 1,000 residents in the year, which is 9% below average for England and Wales (81.3). That makes it around the middle of 310 areas (140th highest) for recorded crime per resident. The category furthest below average is vehicle offences (42% below).

Buying

Property type Sales Median price Price ÷ pay Deposit (10%) Income typically needed
Detached 387 £325,000 9.0× £32,500 £65,000
Semi-detached 584 £218,050 6.0× £22,000 £43,500
Terraced 334 £168,500 4.6× £17,000 £33,500

Renting

Property type Average rent a month Rent a year Share of median pay
Detached £1,087 £13,044 36%
Semi-detached £896 £10,752 30%
Terraced £807 £9,684 27%
Income needed is illustrative: it assumes a 10% deposit and a lender willing to lend 4.5 times income. Real lending depends on your circumstances. Pay is the median for full-time employees living in Erewash, before tax, and rents are the ONS average for the area. Property types with fewer than 100 sales in the last 12 months are left out.

How prices in Erewash have changed

Average house price for all property types, by year. The last point is the latest 12 months.

Average house price in Erewash, 1995 to July 2026Average price rose from £39,902 in 1995 to £220,275 now.£0£100k£200k£300k1995200020052010201520202025£220,275Average house price in Erewash, 1995 to July 2026Average price rose from £39,902 in 1995 to £220,275 now.£0£100k£200k£300k200020102020£220,275
Show the figures
YearAverage price
1995£39,902
1996£39,677
1997£42,277
1998£43,599
1999£45,438
2000£49,423
2001£55,763
2002£68,987
2003£91,727
2004£110,924
2005£117,945
2006£123,058
2007£131,493
2008£125,625
2009£114,502
2010£118,529
2011£115,344
2012£117,261
2013£117,172
2014£128,402
2015£136,594
2016£142,954
2017£151,020
2018£159,511
2019£163,413
2020£169,602
2021£187,325
2022£206,051
2023£214,364
2024£211,176
2025£218,282
12 months to July 2026£220,275

The average home price in Erewash was £142,954 in 2016 and £220,275 in the 12 months to July 2026, a rise of 54% over ten years. The typical area of England and Wales saw a rise of 36%. That makes Erewash the 53rd fastest-rising of 316 areas for ten-year price growth.

Going back to 2005, the average price has moved from £117,945 to £220,275, a rise of 87% (the typical area: a rise of 84%).

Prices fell 13% after the 2008 financial crisis, from £131,493 in 2007 to £114,502 in 2009. They did not get back to their 2007 level until 2015.

Prices are cash figures, not adjusted for inflation, and come from the HM Land Registry UK House Price Index, which uses a different method from the median prices above, so the two will not match exactly.

Buying a home against local pay, over time

Average house price divided by median full-time pay, in 2005, 2010, 2015, 2020 and 2025. A higher number means homes are harder to afford.

Erewash: 6.0 years of payTypical area in England and Wales: 7.5 years of pay
Years of median pay needed to buy the average home in Erewash, 2005 to 2025Rose from 5.4 to 6.0 years of pay.0×2×4×6×8×20052010201520202025Years of median pay needed to buy the average home in Erewash, 2005 to 2025Rose from 5.4 to 6.0 years of pay.0×2×4×6×8×20052010201520202025
Show the figures
YearErewashTypical area in England and Wales
20055.4 years of pay7.0 years of pay
20105.0 years of pay6.5 years of pay
20155.2 years of pay7.1 years of pay
20205.7 years of pay7.8 years of pay
20256.0 years of pay7.5 years of pay

In 2005 the average home in Erewash cost 5.4 years of median full-time pay. By 2025 it cost 6.0 years, so homes have become harder to afford relative to local pay.

Between 2005 and 2025, median pay in Erewash rose 67% (from £21,692 to £36,290), while the average house price rose 85%.

The typical area of England and Wales needed 7.5 years of pay in 2025, so Erewash is below the typical area.

Pay is the ONS Annual Survey of Hours and Earnings, median for full-time employees living in the area, before tax, in cash terms (not adjusted for inflation). The 2025 figure is provisional. Where ONS withheld a figure because it was unreliable, or the council did not exist in its current form, that year is left out.

How rents in Erewash have changed

Average monthly rent for all property types, by year. The last point is the latest month.

Average monthly rent in Erewash, 2015 to August 2026Average rent rose from £520 a month in 2015 to £834 now.£0£250£500£750£1,000201620182020202220242026£834Average monthly rent in Erewash, 2015 to August 2026Average rent rose from £520 a month in 2015 to £834 now.£0£250£500£750£1,000201520202025£834
Show the figures
YearAverage rent
2015£520 a month
2016£529 a month
2017£543 a month
2018£562 a month
2019£578 a month
2020£596 a month
2021£624 a month
2022£659 a month
2023£694 a month
2024£755 a month
2025£814 a month
August 2026£834 a month

The average rent in Erewash was £520 a month in 2015 and £834 in August 2026, a rise of 60%. The typical area of England and Wales saw a rise of 52%. That makes Erewash the 85th fastest-rising of 316 areas for rent growth since 2015.

Over the same period the average house price rose 61%. Rents and house prices have risen at a similar pace here.

Rent figures are from the ONS Price Index of Private Rents and are cash figures, not adjusted for inflation.

Crime

Police recorded crime in the year ending March 2026, per 1,000 residents, against the average for the areas of England and Wales covered here.

Type of crime Per 1,000 residents England and Wales average Compared with average Change on a year earlier
All recorded crime (excluding fraud) 74.3 81.3 9% below average +5%
Violence against the person 30.9 31.0 about average +0%
Sexual offences 3.3 3.4 about average +5%
Robbery 0.6 1.4 55% below average –
Residential burglary (per 1,000 households) 4.4 6.2 28% below average +15%
Vehicle offences 2.8 4.9 42% below average +4%
Theft from the person 0.3 1.6 82% below average –
Criminal damage and arson 6.3 7.1 11% below average −14%

Recorded crime in Erewash was 70.9 per 1,000 residents in the year ending March 2025 and 74.3 in the year ending March 2026, up 5%. Across England and Wales it was down 4%.

Changes are left blank where the rate is very low, as a few extra crimes would look like a big swing. This is one year's change only, so it can reflect one-off events or changes in how police record crime, not just a real trend. Rates per resident use ONS population estimates for each year.

Rates use the resident population, so areas with many daytime visitors, students or a busy night-time economy, such as city centres, show higher crime per resident than residents experience. Recorded crime also depends on how likely crimes are to be reported and how police record them. Residential burglary is per 1,000 households. Robbery and theft from the person are concentrated in a few city centres, so most areas sit well below the national average for them.

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