House Prices in LE9 House Prices in LE9 (Leicester)

The average house price in LE9 (Leicester) is £293,829 using HM Land Registry data.

The average property price increased by £58,357 (40.72%) over the last 5 years and increased by £11,693 (5.59%) over the last 12 months.

Over the last year, there were 702 residential property sales – a decrease of 37 transactions (-5.27%) relative to the previous year. The majority of house sales (195) were in the £222,000 - £284,000 range. Then came properties in the £160,000 - £222,000 range, where 145 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 213 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,219 (-2%).

In February 2025, there were 98 new estate agency instructions, 98 agreed home sales and 79 property price reductions.

5-Year Average Property Prices in LE9 (Leicester)

40.72%

Property prices in LE9 (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 LE9 (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) - February 2025

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
17 Grantham Avenue, Broughton Astley, Leicester, Leicestershire, LE9 6SH£220,000£218,000-£2,00018 Jun 202424 Jan 2025220 Days
73 Leicester Road, Sapcote, Leicester, Leicestershire, LE9 4JE£270,000£265,000-£5,00007 Oct 202421 Jan 2025106 Days
136 Alexander Avenue, Earl Shilton, Leicester, Leicestershire, LE9 7AG£249,000£240,000-£9,00007 Nov 202317 Jan 2025437 Days
36 Hereford Close, Barwell, Leicester, Leicestershire, LE9 8HP£160,000£154,000-£6,00015 May 202410 Jan 2025240 Days
51 Peters Avenue, Newbold Verdon, Leicester, Leicestershire, LE9 9PR£280,000£280,000£013 Sep 202410 Jan 2025119 Days
86 Maple Way, Earl Shilton, Leicester, Leicestershire, LE9 7HW£350,000£340,000-£10,00020 Jul 202406 Jan 2025170 Days
15 Bagworth Road, Newbold Verdon, Leicester, Leicestershire, LE9 9NB£170,000£162,000-£8,00010 Aug 202403 Jan 2025146 Days
18 King Richards Hill, Earl Shilton, Leicester, Leicestershire, LE9 7EY£279,950£260,000-£19,95030 Jan 202403 Jan 2025339 Days
43 Moore Road, Barwell, Leicester, Leicestershire, LE9 8AG£240,000£236,000-£4,00003 Sep 202419 Dec 2024107 Days
57 Chiltern Avenue, Cosby, Leicester, Leicestershire, LE9 1UG£339,950£339,950£003 Sep 202419 Dec 2024107 Days
24 Church Road, Kirby Muxloe, Leicester, Leicestershire, LE9 2AD£350,000£347,000-£3,00027 Mar 202418 Dec 2024266 Days
4 Cooper Close, Huncote, Leicester, Leicestershire, LE9 3AJ£269,500£269,500£006 Sep 202418 Dec 2024103 Days
55 Pickering Road, Broughton Astley, Leicester, Leicestershire, LE9 6WA£249,950£248,500-£1,45012 Sep 202418 Dec 202497 Days
36 Brindley Close, Stoney Stanton, Leicester, Leicestershire, LE9 4GL£104,000£102,000-£2,00024 Jul 202416 Dec 2024145 Days
10 Harene Crescent, Kirby Muxloe, Leicester, Leicestershire, LE9 2HS£475,000£455,000-£20,00016 Aug 202411 Dec 2024117 Days
15 Peckleton View, Desford, Leicester, Leicestershire, LE9 9QF£419,950£415,000-£4,95025 May 202410 Dec 2024199 Days
34 Main Street, Huncote, Leicester, Leicestershire, LE9 3AU£220,000£220,000£017 Jul 202405 Dec 2024141 Days
30 Elmdale Road, Earl Shilton, Leicester, Leicestershire, LE9 7HQ£229,950£218,000-£11,95029 May 202403 Dec 2024188 Days
4 Worcester Close, Barwell, Leicester, Leicestershire, LE9 8FY£350,000£350,000£022 Aug 202402 Dec 2024102 Days
27 Mays Farm Drive, Stoney Stanton, Leicester, Leicestershire, LE9 4HA£425,000£415,000-£10,00024 Jul 202429 Nov 2024128 Days

Most Expensive Streets in LE9 (Leicester)

PostcodeStreetAreaAverageNo. of Sales
LE9 2ERStamford Road, Kirby MuxloeLeicester£1,550,0005
LE9 2BPLinks Road, Kirby MuxloeLeicester£980,0003
LE9 2EAForest Drive, Kirby MuxloeLeicester£835,7147
LE9 1SWKingsfield Road, CosbyLeicester£745,0004
LE9 2BLGullet Lane, Kirby MuxloeLeicester£740,0004
LE9 3GUHuncote Road, CroftLeicester£730,0003
LE9 1SRElm Tree Road, CosbyLeicester£698,3333
LE9 2EGLinden Lane, Kirby MuxloeLeicester£679,3754
LE9 7RQHill Close, PeckletonLeicester£669,1663
LE9 9JJLeicester Lane, DesfordLeicester£665,91612

Least Expensive Streets in LE9 (Leicester)

PostcodeStreetAreaAverageNo. of Sales
LE9 4TJHalls Court, Stoney StantonLeicester£64,8333
LE9 7BWVicarage Court, Vicarage Street, Earl ShiltonLeicester£68,9005
LE9 8BZSaffron Court, High Street, BarwellLeicester£79,4087
LE9 7NSHighfield Court, Rossendale RoadLeicester£83,57114
LE9 8FZStaniforth Court, Bank TerraceLeicester£85,1254
LE9 7NPThe Cloisters, Earl ShiltonLeicester£90,9166
LE9 8GFLynton Court, King Street, BarwellLeicester£95,1666
LE9 8EGTwyford Court, Arthur Street, BarwellLeicester£95,9005
LE9 8ALNewlands Road, BarwellLeicester£96,6663
LE9 7BFOld School Court, Peggs CloseLeicester£106,7505

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