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Leek House Prices Leek House Prices

The average house price in Leek is £219,926 using HM Land Registry data.

The average property price increased by £38,850 (22.82%) over the last 5 years and increased by £7,764 (3.86%) over the last 12 months.

Over the last year, there were 211 residential property sales – a decrease of 105 transactions (-49.76%) relative to the previous year. The majority of house sales (57) were in the £152,000 - £194,000 range. Then came properties in the £110,000 - £152,000 range, where 54 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 54 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,240 (-2%).

In April 2024, there were 43 new estate agency instructions, 26 agreed home sales and 23 property price reductions.

Postcodes Covered: ST13

5-Year Average Property Prices in Leek

22.82%

Property prices in Leek increased by 22.82% 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 Leek Over the Last Year

3.86%

Property prices in Leek increased by 3.86% 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 Leek - 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 Leek

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 Leek

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 Leek

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 Leek since 1995

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

Recent Property Sales in Leek

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Arden Close, Leek, Staffordshire, ST13 5BF£430,000£420,000-£10,00016 Sep 202321 Feb 2024158 Days
30 Shirburn Road, Leek, Staffordshire, ST13 6LE£220,000£212,500-£7,50008 Sep 202309 Feb 2024154 Days
56 Ashbourne Road, Leek, Staffordshire, ST13 5AT£265,000£260,000-£5,00020 Aug 202309 Feb 2024173 Days
7 Cornhill Gardens, Leek, Staffordshire, ST13 5PZ£255,000£235,000-£20,00015 Aug 202302 Feb 2024171 Days
23 Wallbridge Drive, Leek, Staffordshire, ST13 8HY£150,000£135,000-£15,00025 Oct 202326 Jan 202493 Days
10 Springfield Court, Leek, Staffordshire, ST13 6LZ£145,000£62,500-£82,50026 Oct 202319 Jan 202485 Days
19 Windsor Drive, Leek, Staffordshire, ST13 6NP£225,000£222,500-£2,50011 Sep 202319 Jan 2024130 Days
26 Nelson Street, Leek, Staffordshire, ST13 6BB£215,000£215,000£0004 May 202319 Jan 2024260 Days
51 Abbotts Road, Leek, Staffordshire, ST13 6EY£149,950£145,000-£4,95012 Sep 202314 Dec 202393 Days
124 Windsor Drive, Leek, Staffordshire, ST13 6NN£200,000£195,000-£5,00024 Jul 202308 Dec 2023137 Days
27 Queen Street, Leek, Staffordshire, ST13 6LS£250,000£250,000£0013 Feb 202301 Dec 2023291 Days
48 Wood Street, Leek, Staffordshire, ST13 5LX£155,000£152,500-£2,50031 Jul 202329 Nov 2023121 Days
16 Milner Terrace, Leek, Staffordshire, ST13 6BY£190,000£185,000-£5,00003 May 202320 Nov 2023201 Days
97 Shirburn Road, Leek, Staffordshire, ST13 6LD£149,950£143,000-£6,95012 Jun 202317 Nov 2023158 Days
26 Springfield Court, Leek, Staffordshire, ST13 6LZ£132,000£132,000£0005 Sep 202310 Nov 202366 Days
55 Ashbourne Road, Leek, Staffordshire, ST13 5AU£285,000£285,000£0019 Aug 202310 Nov 202383 Days
30 Prospect Road, Leek, Staffordshire, ST13 5BX£175,000£175,000£0018 Aug 202303 Nov 202377 Days
23 Geoffrey Avenue, Leek, Staffordshire, ST13 5PQ£150,000£150,000£0006 Jul 202330 Oct 2023116 Days
44 Westminster Road, Leek, Staffordshire, ST13 6PA£159,950£159,950£0023 Jun 202325 Oct 2023124 Days
67 Buxton Road, Leek, Staffordshire, ST13 6EG£179,950£177,500-£2,45005 Jul 202323 Oct 2023110 Days

Most Expensive Streets in Leek

PostcodeStreetAreaAverageNo. of Sales
ST13 8DLWestwood RoadLeek£426,6663
ST13 7AGLadderedgeLeek£403,0005
ST13 5DAMount SquareLeek£385,6005
ST13 8NWWestwood Park DriveLeek£375,8333
ST13 6QZAshdale RoadLeek£362,5005
ST13 6DQDeebank HeightsLeek£361,6666
ST13 5PGDaintry StreetLeek£352,0005
ST13 5PASpencer AvenueLeek£341,6663
ST13 5LPWestfieldsLeek£333,3333
ST13 8NGWestwood Park DriveLeek£329,2857

Least Expensive Streets in Leek

PostcodeStreetAreaAverageNo. of Sales
ST13 5LBLondon StreetLeek£95,90413
ST13 6BSHaregate TerraceLeek£98,5003
ST13 8DZGarden StreetLeek£100,1503
ST13 5JULivingstone StreetLeek£100,66615
ST13 5LGDuke StreetLeek£101,19512
ST13 5ELBritannia StreetLeek£101,5009
ST13 6DHStockwell StreetLeek£102,5008
ST13 6JUWell StreetLeek£102,9086
ST13 6BJPump StreetLeek£103,0003
ST13 6AQRosebank TerraceLeek£105,4005

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