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House Prices in LE6 House Prices in LE6 (Leicester)

The average house price in LE6 (Leicester) is £323,833 using HM Land Registry data.

The average property price increased by £113,267 (38.98%) over the last 5 years and increased by £22,695 (5.41%) over the last 12 months.

Over the last year, there were 121 residential property sales – a decrease of 42 transactions (-34.71%) relative to the previous year. The majority of house sales (32) were in the £170,000 - £232,000 range. Then came properties in the £232,000 - £294,000 range, where 30 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 42 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-20,739 (-5%).

In Oct 24, there were 27 new estate agency instructions, 21 agreed home sales and 15 property price reductions.

Nearby Postcodes: CV13, DE11, DE12, DE73, DE74, LE1, LE10, LE11, LE12, LE14, LE15, LE16, LE17, LE19, LE2, LE3, LE4, LE5, LE65, LE67, LE7, LE8, LE87, LE9, NG11, NG12

5-Year Average Property Prices in LE6 (Leicester)

38.98%

Property prices in Leicester increased by 38.98% 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 LE6 (Leicester) Over the Last Year

5.41%

Property prices in Leicester increased by 5.41% 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 LE6 (Leicester) - Oct 24

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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 LE6 (Leicester)

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 LE6 (Leicester)

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 LE6 (Leicester)

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 LE6 (Leicester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LE6 postcode area since 1995.

Recent Sales in LE6 (Leicester)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 Mallard Avenue, Groby, Leicester, Leicestershire, LE6 0GR£415,000£405,000-£10,00005 Apr 202415 Aug 2024132 Days
16 Percival Way, Groby, Leicester, Leicestershire, LE6 0AU£365,000£360,000-£5,00016 Mar 202431 Jul 2024137 Days
14 Preston Close, Ratby, Leicester, Leicestershire, LE6 0HX£335,000£332,000-£3,00001 Mar 202425 Jul 2024146 Days
179 Station Road, Ratby, Leicester, Leicestershire, LE6 0JR£250,000£248,000-£2,00015 Mar 202401 Jul 2024108 Days
10 Bluebell Drive, Groby, Leicester, Leicestershire, LE6 0AX£425,000£420,000-£5,00013 Mar 202424 Jun 2024103 Days
8 Marston Drive, Groby, Leicester, Leicestershire, LE6 0DY£230,000£230,000£0028 Mar 202424 Jun 202488 Days
35 Main Street, Newtown Linford, Leicester, Leicestershire, LE6 0AE£650,000£650,000£0021 Feb 202419 Jun 2024119 Days
16 Marston Drive, Groby, Leicester, Leicestershire, LE6 0DY£375,000£375,000£0004 Mar 202414 Jun 2024102 Days
8 Saxons Rise, Ratby, Leicester, Leicestershire, LE6 0NF£290,000£250,000-£40,00014 Feb 202007 Jun 20241575 Days
58 Station Road, Ratby, Leicester, Leicestershire, LE6 0JN£220,000£215,000-£5,00026 Mar 202407 Jun 202473 Days
11 Slate Brook Close, Groby, Leicester, Leicestershire, LE6 0EE£375,000£375,000£0019 Feb 202424 May 202495 Days
Apartment 6, Clumber Court, Park Road, Ratby, Leicester, Leicestershire, LE6 0HU£130,000£130,000£0015 Jan 202420 May 2024126 Days
3 Brook Drive, Ratby, Leicester, Leicestershire, LE6 0AQ£170,000£168,000-£2,00002 Sep 202320 May 2024261 Days
10 Greys Drive, Groby, Leicester, Leicestershire, LE6 0YW£400,000£385,000-£15,00023 Oct 202305 Apr 2024165 Days
15 Cottage Close, Ratby, Leicester, Leicestershire, LE6 0XY£210,000£205,000-£5,00013 Oct 202315 Mar 2024154 Days
24 Stephenson Way, Groby, Leicester, Leicestershire, LE6 0FW£279,000£275,000-£4,00021 Sep 202305 Mar 2024166 Days
3 Poppy Close, Groby, Leicester, Leicestershire, LE6 0DZ£250,000£250,000£0012 Jan 202401 Mar 202449 Days
23 Overfield Close, Ratby, Leicester, Leicestershire, LE6 0JX£270,000£265,000-£5,00012 Sep 202329 Feb 2024170 Days
12 Bell Close, Ratby, Leicester, Leicestershire, LE6 0NU£325,000£320,000-£5,00005 Oct 202322 Feb 2024140 Days
3 Parklands Avenue, Groby, Leicester, Leicestershire, LE6 0BL£230,000£210,000-£20,00001 Sep 202322 Feb 2024174 Days

Most Expensive Streets in LE6 (Leicester)

PostcodeStreetAreaAverageNo. of Sales
LE6 0ALWarren Hill, Newtown LinfordLeicester£2,437,5006
LE6 0HHGroby Lane, Newtown LinfordLeicester£1,051,6663
LE6 0AFMain Street, Newtown LinfordLeicester£807,8577
LE6 0HBBradgate Road, Newtown LinfordLeicester£786,0005
LE6 0ADMain Street, Newtown LinfordLeicester£672,8605
LE6 0AEMain Street, Newtown LinfordLeicester£598,3336
LE6 0AAGrey Crescent, Newtown LinfordLeicester£555,0008
LE6 0BYSpinney Close, GrobyLeicester£530,0003
LE6 0HABradgate Road, Newtown LinfordLeicester£517,1427
LE6 0ABMarkfield Lane, Newtown LinfordLeicester£462,7506

Least Expensive Streets in LE6 (Leicester)

PostcodeStreetAreaAverageNo. of Sales
LE6 0PPStephenson Drive, RatbyLeicester£127,5505
LE6 0HUClumber Court, Park RoadLeicester£132,5075
LE6 0JABerrys Lane, RatbyLeicester£153,84613
LE6 0JGMain Street, RatbyLeicester£168,6663
LE6 0FFBailey View, GrobyLeicester£176,6427
LE6 0NSCardinal Close, RatbyLeicester£180,0003
LE6 0HRMartin Square, RatbyLeicester£183,3333
LE6 0JRStation Road, RatbyLeicester£183,75422
LE6 0JTStamford Street, RatbyLeicester£184,58312
LE6 0ELWillow Drive, GrobyLeicester£188,2504

Explore LE6 (Leicester) using map

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