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House Prices in LE12 House Prices in LE12 (Loughborough)

The average house price in LE12 (Loughborough) is £331,196 using HM Land Registry data.

The average property price increased by £72,956 (30.1%) over the last 5 years and increased by £14,618 (4.42%) over the last 12 months.

Over the last year, there were 675 residential property sales – a decrease of 413 transactions (-61.19%) relative to the previous year. The majority of house sales (190) were in the £228,000 - £296,000 range. Then came properties in the £160,000 - £228,000 range, where 150 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 74 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,802 (-2%).

In Oct 24, there were 151 new estate agency instructions, 139 agreed home sales and 112 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) - 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 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
58 Halstead Road, Mountsorrel, Loughborough, Leicestershire, LE12 7HF£285,000£277,500-£7,50008 Feb 202419 Aug 2024193 Days
Apartment 23, Thurman Lodge, Salisbury Avenue, East Leake, Loughborough, Nottinghamshire, LE12 6NW£182,000£180,000-£2,00004 Mar 202416 Aug 2024165 Days
3 Sandringham Rise, Shepshed, Loughborough, Leicestershire, LE12 9ND£300,000£285,000-£15,00007 May 202416 Aug 2024101 Days
8 Kilbourne Close, Sileby, Loughborough, Leicestershire, LE12 7SD£277,500£270,000-£7,50015 Feb 202416 Aug 2024183 Days
27 Bley Avenue, East Leake, Loughborough, Nottinghamshire, LE12 6NX£290,000£290,000£0004 Nov 202315 Aug 2024285 Days
10 Hawley Close, East Leake, Loughborough, Nottinghamshire, LE12 6NB£330,000£300,000-£30,00011 Jan 202414 Aug 2024216 Days
29 Breadcroft Lane, Barrow Upon Soar, Loughborough, Leicestershire, LE12 8HW£275,000£270,000-£5,00019 Mar 202408 Aug 2024142 Days
14 Caloe Close, Sileby, Loughborough, Leicestershire, LE12 7QD£215,000£210,000-£5,00014 Mar 202402 Aug 2024141 Days
23 Field Avenue, Shepshed, Loughborough, Leicestershire, LE12 9SH£269,500£267,000-£2,50023 Nov 202301 Aug 2024252 Days
4 Wide Street, Hathern, Loughborough, Leicestershire, LE12 5JH£280,000£272,500-£7,50029 Feb 202401 Aug 2024154 Days
2 Nursery Grove, Barrow Upon Soar, Loughborough, Leicestershire, LE12 8FD£450,000£450,000£0012 Feb 202401 Aug 2024171 Days
11 Loughborough Road, Walton On The Wolds, Loughborough, Leicestershire, LE12 8HT£995,000£960,000-£35,00003 Apr 202429 Jul 2024117 Days
9 Moor Lane, Normanton On Soar, Loughborough, Nottinghamshire, LE12 5HD£349,950£335,000-£14,95018 Apr 202429 Jul 2024102 Days
161 Ratcliffe Road, Sileby, Loughborough, Leicestershire, LE12 7PX£199,950£194,500-£5,45004 Dec 202326 Jul 2024235 Days
41 Beveridge Street, Barrow Upon Soar, Loughborough, Leicestershire, LE12 8PL£225,000£213,000-£12,00012 Apr 202424 Jul 2024103 Days
75 Rockhill Drive, Mountsorrel, Loughborough, Leicestershire, LE12 7DS£285,000£280,943-£4,05713 Sep 202319 Jul 2024310 Days
149 Conway Drive, Shepshed, Loughborough, Leicestershire, LE12 9PN£260,000£250,000-£10,00016 Feb 202412 Jul 2024147 Days
45 Sycamore Road, East Leake, Loughborough, Nottinghamshire, LE12 6PP£305,000£300,000-£5,00011 Mar 202412 Jul 2024123 Days
25 Sutton Close, Quorn, Loughborough, Leicestershire, LE12 8GA£160,000£160,000£0009 Nov 202312 Jul 2024246 Days
41 Forest Street, Shepshed, Loughborough, Leicestershire, LE12 9BZ£230,000£230,000£0019 Jan 202411 Jul 2024174 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£1,129,5004
LE12 8TQMain Street, SwithlandLoughborough£976,6663
LE12 8AJWoodhouse Road, QuornLoughborough£974,2504
LE12 5TBBarrow Road, Burton On The WoldsLoughborough£922,2229
LE12 8ABChaveney Road, QuornLoughborough£885,0003
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 9DZNook Close, ShepshedLoughborough£103,8333
LE12 9QQGriffin Close, ShepshedLoughborough£109,65825
LE12 9UQKidger Close, ShepshedLoughborough£110,2005
LE12 9ALField Street, ShepshedLoughborough£119,2504
LE12 7DRBrook Street, SilebyLoughborough£121,0004
LE12 9HFSnowdon Close, ShepshedLoughborough£121,8333
LE12 7BTRowena Court, Cross LaneLoughborough£125,4833
LE12 9DLLoughborough Road, ShepshedLoughborough£128,3333
LE12 7UWBradgate Close, SilebyLoughborough£128,52917

Explore LE12 (Loughborough) using map

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