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House Prices in LE9 House Prices in LE9 (Leicester)

The average house price in LE9 (Leicester) is £279,368 using HM Land Registry data.

The average property price increased by £79,413 (40.72%) over the last 5 years and increased by £15,912 (5.59%) over the last 12 months.

Over the last year, there were 586 residential property sales – a decrease of 221 transactions (-37.71%) relative to the previous year. The majority of house sales (163) were in the £222,000 - £284,000 range. Then came properties in the £160,000 - £222,000 range, where 130 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 84 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,036 (-2%).

In Oct 24, there were 120 new estate agency instructions, 116 agreed home sales and 86 property price reductions.

Nearby Postcodes: CV10, CV11, CV12, CV13, CV23, CV7, CV9, DE11, DE12, DE73, LE1, LE10, LE12, LE16, LE17, LE18, LE19, LE2, LE3, LE4, LE6, LE65, LE67, LE7, LE8, LE87, NN6

5-Year Average Property Prices in LE9 (Leicester)

40.72%

Property prices in Leicester increased by 40.72% 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 LE9 (Leicester) Over the Last Year

5.59%

Property prices in Leicester increased by 5.59% 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 LE9 (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 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 LE9 (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 LE9 (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 LE9 (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 LE9 (Leicester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LE9 postcode area since 1995.

Recent Sales in LE9 (Leicester)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
21 Red Hall Drive, Barwell, Leicester, Leicestershire, LE9 8BX£340,000£325,000-£15,00020 Dec 202319 Aug 2024243 Days
5 Kirtley Way, Broughton Astley, Leicester, Leicestershire, LE9 6ND£210,000£208,000-£2,00029 May 202416 Aug 202479 Days
6 Ward Close, Barwell, Leicester, Leicestershire, LE9 8ND£620,000£615,000-£5,00019 Mar 202416 Aug 2024150 Days
10 Hazel Way, Barwell, Leicester, Leicestershire, LE9 8GP£250,000£250,000£0027 Oct 202316 Aug 2024294 Days
50 Jubilee Road, Broughton Astley, Leicester, Leicestershire, LE9 6PL£239,950£232,000-£7,95011 Apr 202412 Aug 2024123 Days
17 Speedwell Drive, Broughton Astley, Leicester, Leicestershire, LE9 6YW£530,000£517,500-£12,50028 Apr 202309 Aug 2024469 Days
20 Maytree Drive, Kirby Muxloe, Leicester, Leicestershire, LE9 2LP£390,000£370,000-£20,00002 Jan 202407 Aug 2024218 Days
3 Petersfield, Croft, Leicester, Leicestershire, LE9 3GY£219,950£219,950£0003 Nov 202306 Aug 2024277 Days
3 Bluebell Close, Kirby Muxloe, Leicester, Leicestershire, LE9 2AW£175,000£172,000-£3,00007 Jun 202401 Aug 202455 Days
2 Meadow Way, Desford, Leicester, Leicestershire, LE9 9QG£499,000£488,000-£11,00022 Mar 202431 Jul 2024131 Days
39 Mays Farm Drive, Stoney Stanton, Leicester, Leicestershire, LE9 4HA£210,000£140,000-£70,00003 Aug 201331 Jul 20244015 Days
75 Calver Crescent, Sapcote, Leicester, Leicestershire, LE9 4JD£249,000£245,000-£4,00022 Apr 202429 Jul 202498 Days
37 Kirtley Way, Broughton Astley, Leicester, Leicestershire, LE9 6ND£362,500£355,000-£7,50004 Jul 202329 Jul 2024391 Days
1 Kite Close, Broughton Astley, Leicester, Leicestershire, LE9 6RY£465,000£457,500-£7,50026 Jan 202426 Jul 2024182 Days
80 Huncote Road, Stoney Stanton, Leicester, Leicestershire, LE9 4DG£184,950£180,000-£4,95015 Mar 202425 Jul 2024132 Days
49 Blenheim Crescent, Broughton Astley, Leicester, Leicestershire, LE9 6QY£280,000£265,000-£15,00012 Dec 202323 Jul 2024224 Days
74 Blenheim Crescent, Broughton Astley, Leicester, Leicestershire, LE9 6QX£269,950£250,000-£19,95016 Aug 202323 Jul 2024342 Days
7 Carey Road, Huncote, Leicester, Leicestershire, LE9 3AH£325,000£315,000-£10,00004 Jan 202422 Jul 2024200 Days
1 Andrew Avenue, Cosby, Leicester, Leicestershire, LE9 1SB£259,950£252,000-£7,95015 Jan 202415 Jul 2024182 Days
15 Highfield Street, Earl Shilton, Leicester, Leicestershire, LE9 7HS£175,000£160,000-£15,00024 Apr 202312 Jul 2024445 Days

Most Expensive Streets in LE9 (Leicester)

PostcodeStreetAreaAverageNo. of Sales
LE9 2ERStamford Road, Kirby MuxloeLeicester£1,418,7504
LE9 2BPLinks Road, Kirby MuxloeLeicester£933,0005
LE9 2EAForest Drive, Kirby MuxloeLeicester£775,5559
LE9 1SWKingsfield Road, CosbyLeicester£745,0004
LE9 2BLGullet Lane, Kirby MuxloeLeicester£740,0004
LE9 3GUHuncote Road, CroftLeicester£730,0003
LE9 9JJLeicester Lane, DesfordLeicester£707,60010
LE9 1SRElm Tree Road, CosbyLeicester£698,3333
LE9 2EGLinden Lane, Kirby MuxloeLeicester£679,3754
LE9 7RQHill Close, PeckletonLeicester£669,1663

Least Expensive Streets in LE9 (Leicester)

PostcodeStreetAreaAverageNo. of Sales
LE9 7BWVicarage Court, Vicarage Street, Earl ShiltonLeicester£68,4166
LE9 8BZSaffron Court, High Street, BarwellLeicester£79,7506
LE9 7NSHighfield Court, Rossendale RoadLeicester£82,14214
LE9 8FZStaniforth Court, Bank TerraceLeicester£82,8754
LE9 8EGTwyford Court, Arthur Street, BarwellLeicester£87,6254
LE9 7NPThe Cloisters, Earl ShiltonLeicester£90,5836
LE9 8GFLynton Court, King Street, BarwellLeicester£94,1427
LE9 8ALNewlands Road, BarwellLeicester£96,6663
LE9 7JNBartlett Close, Earl ShiltonLeicester£104,6005
LE9 7BFOld School Court, Peggs CloseLeicester£106,7505

Explore LE9 (Leicester) using map

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