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House Prices in LE12 House Prices in LE12 (Loughborough)

The average house price in LE12 (Loughborough) is £341,414 using HM Land Registry data.

The average property price increased by £86,860 (30.1%) over the last 5 years and increased by £17,364 (4.42%) over the last 12 months.

Over the last year, there were 732 residential property sales – a decrease of 498 transactions (-68.03%) relative to the previous year. The majority of house sales (216) were in the £232,000 - £304,000 range. Then came properties in the £160,000 - £232,000 range, where 161 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 65 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,802 (-2%).

In June 2024, there were 171 new estate agency instructions, 110 agreed home sales and 98 property price reductions.

Nearby Postcodes: CV13, DE11, DE12, DE15, DE23, DE24, DE65, DE72, DE73, DE74, LE11, LE13, LE14, LE15, LE16, LE2, LE3, LE4, LE5, LE6, LE65, LE67, LE7, LE8, LE9, NG10, NG11, NG12, NG13, NG14, NG2, NG32, NG33, NG4, NG7, NG80, NG9, NG90

5-Year Average Property Prices in LE12 (Loughborough)

30.1%

Property prices in Loughborough increased by 30.1% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in LE12 (Loughborough) Over the Last Year

4.42%

Property prices in Loughborough increased by 4.42% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for LE12 (Loughborough) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in LE12 (Loughborough)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in LE12 (Loughborough)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in LE12 (Loughborough)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the LE12 (Loughborough) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LE12 postcode area since 1995.

Recent Sales in LE12 (Loughborough)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
68 Kingfisher Road, Mountsorrel, Loughborough, Leicestershire, LE12 7FG£275,000£260,000-£15,00028 Sep 202324 May 2024239 Days
26 Nottingham Road, Barrow Upon Soar, Loughborough, Leicestershire, LE12 8JB£315,000£297,500-£17,50002 Nov 202320 May 2024200 Days
3 Highfields, Barrow Upon Soar, Loughborough, Leicestershire, LE12 8HS£260,000£260,000£0007 Oct 202320 May 2024226 Days
33 Salisbury Avenue, East Leake, Loughborough, Nottinghamshire, LE12 6NJ£285,000£285,000£0014 Dec 202310 May 2024148 Days
52 Castle Hill, East Leake, Loughborough, Nottinghamshire, LE12 6LX£265,000£265,000£0011 Feb 202408 May 202487 Days
39b, Belton Street, Shepshed, Loughborough, Leicestershire, LE12 9AA£220,000£215,000-£5,00016 Nov 202303 May 2024169 Days
38 Nursery Lane, Quorn, Loughborough, Leicestershire, LE12 8BH£195,000£170,000-£25,00030 Oct 202303 May 2024186 Days
2 Woodlands Drive, Shepshed, Loughborough, Leicestershire, LE12 9SD£340,000£318,000-£22,00023 Jan 202403 May 2024101 Days
27 Swan Street, Sileby, Loughborough, Leicestershire, LE12 7NN£155,000£150,000-£5,00012 Dec 202302 May 2024142 Days
9 Freehold Street, Quorn, Loughborough, Leicestershire, LE12 8AY£230,000£230,000£0016 Dec 202330 Apr 2024136 Days
116 Station Road, Quorn, Loughborough, Leicestershire, LE12 8BS£600,000£590,000-£10,00001 Feb 202430 Apr 202489 Days
5 Meeting House Close, East Leake, Loughborough, Nottinghamshire, LE12 6HY£265,000£260,000-£5,00005 Jan 202430 Apr 2024116 Days
19 Sherrard Drive, Sileby, Loughborough, Leicestershire, LE12 7SG£240,000£230,000-£10,00030 Mar 202426 Apr 202427 Days
11 Riverview, Barrow Upon Soar, Loughborough, Leicestershire, LE12 8LL£235,000£210,000-£25,00011 Sep 202325 Apr 2024227 Days
17 Bley Avenue, East Leake, Loughborough, Nottinghamshire, LE12 6NX£285,000£280,000-£5,00006 Nov 202319 Apr 2024165 Days
1 Turner Close, Quorn, Loughborough, Leicestershire, LE12 8DQ£450,000£450,000£0010 Nov 202315 Apr 2024157 Days
172 Seagrave Road, Sileby, Loughborough, Leicestershire, LE12 7TS£250,000£245,000-£5,00015 Sep 202312 Apr 2024210 Days
41 Highgate Road, Sileby, Loughborough, Leicestershire, LE12 7PN£235,000£230,000-£5,00010 Oct 202312 Apr 2024185 Days
30 Blacksmiths Avenue, Shepshed, Loughborough, Leicestershire, LE12 9SF£170,000£155,000-£15,00014 Sep 202312 Apr 2024211 Days
18 Willow Grove, Mountsorrel, Loughborough, Leicestershire, LE12 7ST£430,000£405,000-£25,00013 Dec 202305 Apr 2024114 Days

Most Expensive Streets in LE12 (Loughborough)

PostcodeStreetAreaAverageNo. of Sales
LE12 8THMain Street, SwithlandLoughborough£1,405,0003
LE12 8TLNanhill Drive, Woodhouse EavesLoughborough£1,336,6663
LE12 6WRChurch View Grove, RempstoneLoughborough£1,210,0005
LE12 8AABuddon Lane, QuornLoughborough£1,122,7504
LE12 8TQMain Street, SwithlandLoughborough£976,6663
LE12 8AJWoodhouse Road, QuornLoughborough£974,2504
LE12 8GYThe Moorings, Barrow Upon SoarLoughborough£893,9163
LE12 5TBBarrow Road, Burton On The WoldsLoughborough£878,30010
LE12 9YBCharley Road, CharleyLoughborough£832,8943
LE12 8RLPaterson Drive, Woodhouse EavesLoughborough£785,0006

Least Expensive Streets in LE12 (Loughborough)

PostcodeStreetAreaAverageNo. of Sales
LE12 9BGBrendon Close, ShepshedLoughborough£67,1005
LE12 9QQGriffin Close, ShepshedLoughborough£108,24826
LE12 7DRBrook Street, SilebyLoughborough£117,3333
LE12 9ALField Street, ShepshedLoughborough£119,2504
LE12 9HFSnowdon Close, ShepshedLoughborough£121,8333
LE12 9UQKidger Close, ShepshedLoughborough£123,2857
LE12 7BTRowena Court, Cross LaneLoughborough£125,4833
LE12 9DLLoughborough Road, ShepshedLoughborough£128,3333
LE12 7UWBradgate Close, SilebyLoughborough£128,52917
LE12 9ANHall Croft, ShepshedLoughborough£130,8333

Explore LE12 (Loughborough) using map

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