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East Leake House Prices East Leake House Prices

The average house price in East Leake is £309,914 using HM Land Registry data.

The average property price increased by £59,632 (22.51%) over the last 5 years and increased by £11,918 (3.81%) over the last 12 months.

Over the last year, there were 100 residential property sales – a decrease of 50 transactions (-50.00%) relative to the previous year. The majority of house sales (27) were in the £290,000 - £340,000 range. Then came properties in the £240,000 - £290,000 range, where 18 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 45 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,802 (-2%).

In April 2024, there were 24 new estate agency instructions, 21 agreed home sales and 5 property price reductions.

Postcodes Covered: LE12

5-Year Average Property Prices in East Leake

22.51%

Property prices in East Leake increased by 22.51% 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 East Leake Over the Last Year

3.81%

Property prices in East Leake increased by 3.81% 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 East Leake - 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 East Leake

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 East Leake

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 East Leake

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 East Leake since 1995

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

Recent Property Sales in East Leake

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
11 Orchard Close, East Leake, Loughborough, Nottinghamshire, LE12 6PL£269,950£220,000-£49,95021 Nov 202329 Feb 2024100 Days
24 Roulstone Crescent, East Leake, Loughborough, Nottinghamshire, LE12 6JL£264,000£259,000-£5,00003 Nov 202323 Feb 2024112 Days
6 York Close, East Leake, Loughborough, Nottinghamshire, LE12 6HA£279,950£270,000-£9,95018 Nov 202301 Feb 202475 Days
132 Sycamore Road, East Leake, Loughborough, Nottinghamshire, LE12 6PT£220,000£215,000-£5,00024 Oct 202324 Jan 202492 Days
Apartment 8, Thurman Lodge, Salisbury Avenue, East Leake, Loughborough, Nottinghamshire, LE12 6NW£175,000£165,000-£10,00027 Oct 202319 Jan 202484 Days
Apartment 19, Thurman Lodge, Salisbury Avenue, East Leake, Loughborough, Nottinghamshire, LE12 6NW£195,000£195,000£0023 Jun 202305 Jan 2024196 Days
24 Castle Hill, East Leake, Loughborough, Nottinghamshire, LE12 6LX£250,000£247,500-£2,50009 Aug 202319 Dec 2023132 Days
4 Thistle Bank, East Leake, Loughborough, Nottinghamshire, LE12 6RS£465,000£455,000-£10,00025 Aug 202315 Dec 2023112 Days
43 Thistle Bank, East Leake, Loughborough, Nottinghamshire, LE12 6RS£350,000£345,000-£5,00001 Jun 202313 Dec 2023195 Days
23 Roulstone Crescent, East Leake, Loughborough, Nottinghamshire, LE12 6JL£315,000£315,000£0006 Sep 202301 Dec 202386 Days
21 Pine Close, East Leake, Loughborough, Nottinghamshire, LE12 6PN£270,000£267,000-£3,00022 Mar 202317 Nov 2023240 Days
77 Bateman Road, East Leake, Loughborough, Nottinghamshire, LE12 6NN£325,000£313,500-£11,50028 Jun 202303 Nov 2023128 Days
50 Brookfields Way, East Leake, Loughborough, Nottinghamshire, LE12 6HD£450,000£440,000-£10,00029 Jun 202320 Oct 2023113 Days
23 Hawley Close, East Leake, Loughborough, Nottinghamshire, LE12 6NB£370,000£370,000£0030 Apr 202306 Oct 2023159 Days
47 Roulstone Crescent, East Leake, Loughborough, Nottinghamshire, LE12 6JL£250,000£250,000£0022 Jun 202306 Oct 2023106 Days
6 Hollis Meadow, East Leake, Loughborough, Nottinghamshire, LE12 6RU£300,000£300,000£0030 May 202306 Oct 2023129 Days
7 Cottage Close, East Leake, Loughborough, Nottinghamshire, LE12 6RX£410,000£405,000-£5,00002 Jun 202321 Sep 2023111 Days
7 Yew Close, East Leake, Loughborough, Nottinghamshire, LE12 6PZ£375,000£367,000-£8,00018 May 202330 Aug 2023104 Days
17 Carlton Crescent, East Leake, Loughborough, Nottinghamshire, LE12 6JF£310,000£305,000-£5,00002 Feb 202329 Aug 2023208 Days
14 West Leake Road, East Leake, Loughborough, Nottinghamshire, LE12 6LJ£535,000£500,000-£35,00020 Apr 202321 Aug 2023123 Days

Most Expensive Streets in East Leake

PostcodeStreetAreaAverageNo. of Sales
LE12 6HRArley GardensEast Leake£522,2506
LE12 6ARElizabeth DriveEast Leake£509,7955
LE12 6TGCornflower WayEast Leake£476,4287
LE12 6LJWest Leake RoadEast Leake£471,0005
LE12 6ATEvans RoadEast Leake£453,68713
LE12 6RZNorthfields WayEast Leake£428,3333
LE12 6HJThe ArchesEast Leake£413,6878
LE12 6LHTwentylands DriveEast Leake£395,7147
LE12 6HDBrookfields WayEast Leake£391,8758
LE12 6BBBronte GroveEast Leake£386,07113

Least Expensive Streets in East Leake

PostcodeStreetAreaAverageNo. of Sales
LE12 6WPPipistrelle CloseEast Leake£143,8163
LE12 6QSSt Marys CrescentEast Leake£146,8336
LE12 6QJElm AvenueEast Leake£150,4378
LE12 6QUSharpley DriveEast Leake£155,6663
LE12 6QTSharpley DriveEast Leake£160,8124
LE12 6QRSt Marys CrescentEast Leake£161,2504
LE12 6HWWalnut GardensEast Leake£179,81621
LE12 6NWThurman LodgeSalisbury Avenue£182,07114
LE12 6QNLantern LaneEast Leake£197,6874
LE12 6PTSycamore RoadEast Leake£212,7857

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