"Ilkeston experienced the highest rate of annual house price growth in the East Midlands, at 30%.  With an average price of £134,504, for many buyers it represents an affordable location, making it attractive for commuters to both Nottingham and Derby where the average house prices are £145,950 and £153,975 respectively.

Melton Mowbray has experienced strong house price growth due to a Leicester and Nottingham over spill effect.  The picturesque location has an average house price of £191,032 and experienced annual house price growth of 20%.  Two and three bed semi-detached properties remain very popular, especially those priced below the £150,000 mark.  At the top end of the market, properties priced over £200,000 are moving more slowly.

Nottingham has an average house price of £145,950, Inner city living is becoming increasingly popular there with the number of properties and developments coming on to the market increasing dramatically over the last year.

Blaby remains a popular location for first time buyers.  However, as the transition to a buyer's market continues many potential purchasers are negotiating hard on price, often offering below the asking price.

Over the last year the average house price in Chesterfield has increased by 23 per cent to £135,506 and has experienced particularly strong growth as homebuyers seek out more affordable properties, particularly family homes, within commuting distance of the major urban centres.

A rural, quiet, market town with cobbled streets, Chesterfield is famous for its crooked spire.  It provides an attractive location, positioned halfway up the country and within close proximity of the Peak District.  Located just off the M1, Chesterfield provides easy access to many major towns and cities and is within commuting distance to the nearby cities of Nottingham and Sheffield.

Radcliffe on Trent has seen increasing first time buyer levels.  Two and three bedroom terraced properties are received particularly well by this section of the market.  As prices continue to increase first time buyers, unable to buy in more central locations, are looking further afield, resulting in increased interest in areas such as Cotgrave.

At a county level Leicestershire overtook Northamptonshire to become the most expensive in the region.  Leicestershire now has an average house price of £166,711 compared to Northamptonshire's £165,445 – annual house price inflation was 13% and 10% respectively."

Nottinghamshire saw the largest annual house price growth by county at 16%, bringing the average house price in the county to £143,497."