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House Prices in LE7 House Prices in LE7 (Leicester)

The average house price in LE7 (Leicester) is £321,069 using HM Land Registry data.

The average property price increased by £65,452 (50.65%) over the last 5 years and increased by £13,115 (6.55%) over the last 12 months.

Over the last year, there were 527 residential property sales – a decrease of 110 transactions (-20.87%) relative to the previous year. The majority of house sales (150) were in the £238,000 - £316,000 range. Then came properties in the £316,000 - £394,000 range, where 99 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 138 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,693 (-3%).

In December 2024, there were 61 new estate agency instructions, 60 agreed home sales and 53 property price reductions.

Nearby Postcodes: CV13, DE11, DE12, DE73, DE74, LE1, LE11, LE12, LE13, LE14, LE15, LE16, LE17, LE18, LE19, LE2, LE21, LE3, LE4, LE5, LE55, LE6, LE65, LE67, LE8, LE87, LE9, NG11, NG12, NG13, NG32, NG33, NN14, NN17, NN18, NN6, PE9

5-Year Average Property Prices in LE7 (Leicester)

50.65%

Property prices in LE7 (Leicester) increased by 50.65% 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 LE7 (Leicester) Over the Last Year

6.55%

Property prices in LE7 (Leicester) increased by 6.55% 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 LE7 (Leicester) - December 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 LE7 (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 LE7 (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 LE7 (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 LE7 (Leicester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LE7 postcode area since 1995.

Recent Sales in LE7 (Leicester)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
4 The Crescent, Rothley, Leicester, Leicestershire, LE7 7RW£850,000£835,000-£15,00003 Jun 202422 Nov 2024172 Days
91 Andrew Road, Anstey, Leicester, Leicestershire, LE7 7BD£229,950£200,000-£29,95022 Jul 202415 Nov 2024116 Days
22 Turn Street, Syston, Leicester, Leicestershire, LE7 1HP£175,000£170,000-£5,00026 Dec 202208 Nov 2024683 Days
11 Lime Drive, Syston, Leicester, Leicestershire, LE7 2PW£300,000£300,000£021 Jun 202408 Nov 2024140 Days
363 Scraptoft Lane, Scraptoft, Leicester, Leicestershire, LE7 9SE£495,000£495,000£017 May 202408 Nov 2024175 Days
17 Forge Court, Syston, Leicester, Leicestershire, LE7 2DX£135,000£127,500-£7,50014 Jun 202408 Nov 2024147 Days
The Orchards, Long Lane, Billesdon, Leicester, Leicestershire, LE7 9AL£675,000£635,000-£40,00004 Jul 202407 Nov 2024126 Days
63 Grange Lane, Thurnby, Leicester, Leicestershire, LE7 9PH£825,000£815,000-£10,00013 Jun 202406 Nov 2024146 Days
7 Field Close, Houghton On The Hill, Leicester, Leicestershire, LE7 9GS£270,000£265,250-£4,75030 Jul 202401 Nov 202494 Days
170 Leicester Road, Thurcaston, Leicester, Leicestershire, LE7 7JJ£550,000£550,000£012 Jun 202401 Nov 2024142 Days
115 Andrew Road, Anstey, Leicester, Leicestershire, LE7 7BD£240,000£240,000£004 Sep 202401 Nov 202458 Days
158 Swithland Lane, Rothley, Leicester, Leicestershire, LE7 7SF£1,395,000£1,300,000-£95,00016 May 202431 Oct 2024168 Days
20 St Peters Street, Syston, Leicester, Leicestershire, LE7 1HJ£190,000£185,000-£5,00030 Jul 202431 Oct 202493 Days
12 Broughton Close, Anstey, Leicester, Leicestershire, LE7 7EU£167,950£165,000-£2,95012 Dec 202331 Oct 2024324 Days
4 Charnwood Road, Anstey, Leicester, Leicestershire, LE7 7DH£250,000£160,000-£90,00021 Apr 202330 Oct 2024558 Days
36 Dalby Avenue, Bushby, Leicester, Leicestershire, LE7 9RD£350,000£330,000-£20,00025 Jun 202430 Oct 2024127 Days
17 Belvoir Drive, Syston, Leicester, Leicestershire, LE7 2EA£260,000£245,000-£15,00018 Apr 202423 Aug 2024127 Days
27 Gladstone Street, Anstey, Leicester, Leicestershire, LE7 7BT£275,000£250,000-£25,00025 Jun 202423 Aug 202459 Days
36 New Street, Queniborough, Leicester, Leicestershire, LE7 3FS£600,000£555,000-£45,00029 Jan 202422 Aug 2024206 Days
51 Latimer Road, Cropston, Leicester, Leicestershire, LE7 7GP£450,000£446,000-£4,00005 Mar 202416 Aug 2024164 Days

Most Expensive Streets in LE7 (Leicester)

PostcodeStreetAreaAverageNo. of Sales
LE7 7SHSwithland Lane, RothleyLeicester£1,256,2504
LE7 7SAGipsy Lane, RothleyLeicester£1,093,3333
LE7 7SLThe Ridings, RothleyLeicester£1,027,5004
LE7 4WBChapel Lane, GaddesbyLeicester£1,016,6663
LE7 7SESwithland Lane, RothleyLeicester£1,009,01216
LE7 7HFStation Road, CropstonLeicester£933,7504
LE7 9DJOakham Road, Tilton On The HillLeicester£805,1357
LE7 4YJGaddesby Lane, RearsbyLeicester£774,5003
LE7 9RWThe Copse, BushbyLeicester£751,6663
LE7 7SJSwithland Lane, RothleyLeicester£739,7504

Least Expensive Streets in LE7 (Leicester)

PostcodeStreetAreaAverageNo. of Sales
LE7 9FXElliots End, ScraptoftLeicester£114,4163
LE7 7FEBradgate Road, AnsteyLeicester£119,25018
LE7 9QLVale End, ThurnbyLeicester£120,3005
LE7 1NTOld Station Road, SystonLeicester£133,75022
LE7 2DXForge Court, SystonLeicester£137,38818
LE7 9FQMalsbury Avenue, ScraptoftLeicester£139,93716
LE7 7JSWallis Close, ThurcastonLeicester£145,63226
LE7 7DAHooks Close, AnsteyLeicester£146,5857
LE7 7EUBroughton Close, AnsteyLeicester£149,88720
LE7 7JWThe Shoemakers, Forest GateLeicester£151,9005

Explore LE7 (Leicester) using map

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