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Ibstock House Prices Ibstock House Prices

The average house price in Ibstock is £233,333 using HM Land Registry data.

The average property price increased by £82,339 (42.06%) over the last 5 years and increased by £16,456 (6.29%) over the last 12 months.

Over the last year, there were 62 residential property sales – a decrease of 67 transactions (-108.06%) relative to the previous year. The majority of house sales (17) were in the £160,000 - £206,000 range. Then came properties in the £206,000 - £252,000 range, where 13 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 68 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,384 (-4%).

In April 2024, there were 15 new estate agency instructions, 12 agreed home sales and 7 property price reductions.

Postcodes Covered: LE67

5-Year Average Property Prices in Ibstock

42.06%

Property prices in Ibstock increased by 42.06% 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 Ibstock Over the Last Year

6.29%

Property prices in Ibstock increased by 6.29% 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 Ibstock - 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 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 Ibstock

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 Ibstock

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 Ibstock

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 Ibstock since 1995

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

Recent Property Sales in Ibstock

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
10 Penistone Street, Ibstock, Leicestershire, LE67 6NU£185,000£180,000-£5,00019 Sep 202315 Mar 2024178 Days
2 Victoria Road, Ibstock, Leicestershire, LE67 6AA£350,000£330,000-£20,00011 Aug 202308 Dec 2023119 Days
26 Spring Road, Ibstock, Leicestershire, LE67 6LR£170,000£155,000-£15,00017 Aug 202301 Dec 2023106 Days
8 Dryer Close, Ibstock, Leicestershire, LE67 6RG£370,000£360,000-£10,00027 Jul 202317 Nov 2023113 Days
11 Harratts Close, Ibstock, Leicestershire, LE67 6LZ£175,000£172,000-£3,00025 Jul 202317 Nov 2023115 Days
5 Chandlers Croft, Ibstock, Leicestershire, LE67 6PR£425,000£400,000-£25,00028 Apr 202310 Nov 2023196 Days
4 Legion Drive, Ibstock, Leicestershire, LE67 6JG£269,950£269,950£0005 Jul 202303 Nov 2023121 Days
49 Chandlers Croft, Ibstock, Leicestershire, LE67 6PR£435,000£435,000£0002 Nov 202201 Nov 2023364 Days
5 Thomas Street, Ibstock, Leicestershire, LE67 6RD£255,000£250,000-£5,00003 Jun 202327 Oct 2023146 Days
16 Valley Road, Ibstock, Leicestershire, LE67 6NY£240,000£240,000£0017 Jul 202323 Oct 202398 Days
8 Hall Street, Ibstock, Leicestershire, LE67 6JD£165,000£160,000-£5,00017 Mar 202316 Oct 2023213 Days
8 Argyle Street, Ibstock, Leicestershire, LE67 6NB£299,950£285,000-£14,95020 Feb 202322 Sep 2023214 Days
18 Paget Road, Ibstock, Leicestershire, LE67 6AF£175,000£175,000£0006 Jun 202308 Sep 202394 Days
80 Leicester Road, Ibstock, Leicestershire, LE67 6HJ£150,000£150,000£0015 Mar 202329 Aug 2023167 Days
138 Leicester Road, Ibstock, Leicestershire, LE67 6HJ£190,000£190,000£0027 Apr 202325 Aug 2023120 Days
142 Melbourne Road, Ibstock, Leicestershire, LE67 6NN£200,000£195,000-£5,00023 Feb 202311 Aug 2023169 Days
171 Melbourne Road, Ibstock, Leicestershire, LE67 6NQ£215,000£212,500-£2,50023 May 202304 Aug 202373 Days
29 Valley Road, Ibstock, Leicestershire, LE67 6NY£215,000£203,000-£12,00018 Feb 202330 May 2023101 Days
40 Church View, Ibstock, Leicestershire, LE67 6JA£180,000£177,500-£2,50003 Mar 202326 May 202384 Days
15 Willow Way, Ibstock, Leicestershire, LE67 6PZ£220,000£220,000£0023 Jan 202312 May 2023109 Days

Most Expensive Streets in Ibstock

PostcodeStreetAreaAverageNo. of Sales
LE67 6DGHarry LaneIbstock£356,0005
LE67 6DAFrances WayIbstock£354,2005
LE67 6DJHowards CloseIbstock£340,0006
LE67 6QSRiley DriveIbstock£323,83527
LE67 6PRChandlers CroftIbstock£323,45411
LE67 6QBMill Hill Wood WayIbstock£321,15622
LE67 6DFWilliam CloseIbstock£318,7504
LE67 6PGChandlers CroftIbstock£308,6005
LE67 6NAAlbert StreetIbstock£308,3333
LE67 6QRRedshaw LaneIbstock£300,98115

Least Expensive Streets in Ibstock

PostcodeStreetAreaAverageNo. of Sales
LE67 6DHGeorge AvenueIbstock£117,9156
LE67 6LGHigh StreetIbstock£120,1663
LE67 6LBCopson StreetIbstock£131,3124
LE67 6HURichmond RoadIbstock£140,2504
LE67 6HFChapel StreetIbstock£143,1663
LE67 6LFGrange RoadIbstock£145,8577
LE67 6JAChurch ViewIbstock£147,8333
LE67 6LRSpring RoadIbstock£156,0004
LE67 6JPHigh StreetIbstock£157,3333
LE67 6NNMelbourne RoadIbstock£159,68813

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