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Countesthorpe House Prices

The average house price in Countesthorpe is £218,000 using HM Land Registry data.

The average property price increased by £95,937 (40.57%) over the last 5 years and increased by £19,174 (6.12%) over the last 12 months.

Over the last year, there were 63 residential property sales – a decrease of 22 transactions (-34.92%) relative to the previous year. The majority of house sales (21) were in the £220,000 - £276,000 range. Then came properties in the £276,000 - £332,000 range, where 14 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 43 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,882 (-2%).

In April 2024, there were 18 new estate agency instructions, 7 agreed home sales and 5 property price reductions.

5-Year Average Property Prices in Countesthorpe

40.57%

Property prices in Countesthorpe increased by 40.57% 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 Countesthorpe Over the Last Year

6.12%

Property prices in Countesthorpe increased by 6.12% 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.

Property Market Heat Gauge for Countesthorpe - April 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 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 Countesthorpe

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 Countesthorpe

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 Countesthorpe

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 Countesthorpe since 1995

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

Recent Property Sales in Countesthorpe

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
4 Broadfield Way, Countesthorpe, Leicester, Leicestershire, LE8 5XR	£214,950	£212,000	-£2,950	07 Nov 2023	11 Mar 2024	125 Days
123 Winchester Road, Countesthorpe, Leicester, Leicestershire, LE8 5PP	£305,000	£297,000	-£8,000	30 Sep 2023	14 Feb 2024	137 Days
27 The Leys, Countesthorpe, Leicester, Leicestershire, LE8 5PJ	£375,000	£375,000	£00	26 Aug 2023	10 Nov 2023	76 Days
12 Linden Farm Drive, Countesthorpe, Leicester, Leicestershire, LE8 5SX	£295,000	£285,000	-£10,000	29 Jun 2023	10 Nov 2023	134 Days
42 Maurice Drive, Countesthorpe, Leicester, Leicestershire, LE8 5PH	£359,950	£340,000	-£19,950	12 Jun 2023	31 Oct 2023	141 Days
27 Beechings Close, Countesthorpe, Leicester, Leicestershire, LE8 5PA	£350,000	£330,000	-£20,000	26 Apr 2023	27 Oct 2023	184 Days
19 Maple Avenue, Countesthorpe, Leicester, Leicestershire, LE8 5TZ	£235,000	£230,000	-£5,000	07 Jul 2023	27 Oct 2023	112 Days
7 Gwendoline Drive, Countesthorpe, Leicester, Leicestershire, LE8 5SH	£290,000	£280,000	-£10,000	17 Jul 2023	20 Oct 2023	95 Days
7 Maurice Drive, Countesthorpe, Leicester, Leicestershire, LE8 5PH	£285,000	£273,000	-£12,000	27 Jun 2023	02 Oct 2023	97 Days
7 The Vineries, Countesthorpe, Leicester, Leicestershire, LE8 5LZ	£110,000	£110,000	£00	28 Apr 2023	29 Sep 2023	154 Days
24 Beechings Close, Countesthorpe, Leicester, Leicestershire, LE8 5PA	£350,000	£335,000	-£15,000	05 Dec 2022	15 Sep 2023	284 Days
28 Maurice Drive, Countesthorpe, Leicester, Leicestershire, LE8 5PH	£310,000	£305,000	-£5,000	22 May 2023	15 Sep 2023	116 Days
39 The Chestnuts, Countesthorpe, Leicester, Leicestershire, LE8 5TL	£285,000	£285,000	£00	08 Jun 2023	01 Sep 2023	85 Days
5 Almond Close, Countesthorpe, Leicester, Leicestershire, LE8 5TG	£250,000	£247,500	-£2,500	23 Mar 2023	25 Aug 2023	155 Days
18 Stonecroft, Countesthorpe, Leicester, Leicestershire, LE8 5UG	£589,950	£567,500	-£22,450	11 Apr 2023	25 Aug 2023	136 Days
27 Willoughby Road, Countesthorpe, Leicester, Leicestershire, LE8 5UA	£1,300,000	£1,247,500	-£52,500	23 May 2023	25 Aug 2023	94 Days
2 Buckingham Road, Countesthorpe, Leicester, Leicestershire, LE8 5QD	£280,000	£275,000	-£5,000	24 Apr 2023	24 Aug 2023	122 Days
13 Waterloo Crescent, Countesthorpe, Leicester, Leicestershire, LE8 5SU	£240,000	£235,000	-£5,000	07 Feb 2023	25 Jul 2023	168 Days
2 Linden Avenue, Countesthorpe, Leicester, Leicestershire, LE8 5PG	£340,000	£330,000	-£10,000	22 Nov 2022	21 Jul 2023	241 Days
15a, Willow Drive, Countesthorpe, Leicester, Leicestershire, LE8 5TN	£400,000	£390,000	-£10,000	07 Mar 2023	29 Jun 2023	114 Days

Most Expensive Streets in Countesthorpe

Postcode	Street	Area	Average	No. of Sales
LE8 5UA	Willoughby Road	Countesthorpe	£727,812	8
LE8 5XE	Chestnut Close	Countesthorpe	£580,533	3
LE8 5PE	Cosby Road	Countesthorpe	£488,750	4
LE8 5PG	Linden Avenue	Countesthorpe	£409,600	5
LE8 5PA	Beechings Close	Countesthorpe	£400,000	7
LE8 5UB	Jubilee Way	Countesthorpe	£376,222	9
LE8 5XJ	Borrowcup Close	Countesthorpe	£369,500	4
LE8 5PL	Westfield Avenue	Countesthorpe	£362,487	4
LE8 5LA	Benskyn Close	Countesthorpe	£334,750	4
LE8 5UF	Royal Drive	Countesthorpe	£333,500	3

Least Expensive Streets in Countesthorpe

Postcode	Street	Area	Average	No. of Sales
LE8 5XD	Diamond Avenue	Countesthorpe	£113,420	5
LE8 5LZ	The Vineries	Countesthorpe	£130,500	3
LE8 5SW	Waterloo Crescent	Countesthorpe	£157,416	6
LE8 5QU	Leicester Road	Countesthorpe	£165,062	8
LE8 5RF	Regent Road	Countesthorpe	£184,800	5
LE8 5RH	Larchwood	Countesthorpe	£194,983	3
LE8 5QJ	Central Street	Countesthorpe	£198,125	4
LE8 5XR	Broadfield Way	Countesthorpe	£205,278	7
LE8 5QG	Bassett Avenue	Countesthorpe	£205,500	5
LE8 5SU	Waterloo Crescent	Countesthorpe	£206,142	7