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Leicester Forest East and Kirby Muxloe House Prices

The average house price in Leicester Forest East and Kirby Muxloe is £354,716 using HM Land Registry data.

The average property price increased by £86,134 (30.46%) over the last 5 years and increased by £17,215 (4.9%) over the last 12 months.

Over the last year, there were 152 residential property sales – a decrease of 154 transactions (-101.32%) relative to the previous year. The majority of house sales (50) were in the £210,000 - £282,000 range. Then came properties in the £282,000 - £354,000 range, where 33 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 63 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,600 (-2%).

In April 2024, there were 49 new estate agency instructions, 21 agreed home sales and 16 property price reductions.

5-Year Average Property Prices in Leicester Forest East and Kirby Muxloe

30.46%

Property prices in Leicester Forest East and Kirby Muxloe increased by 30.46% 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 Leicester Forest East and Kirby Muxloe Over the Last Year

4.9%

Property prices in Leicester Forest East and Kirby Muxloe increased by 4.9% 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 Leicester Forest East and Kirby Muxloe - 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 Leicester Forest East and Kirby Muxloe

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 Leicester Forest East and Kirby Muxloe

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 Leicester Forest East and Kirby Muxloe

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 Leicester Forest East and Kirby Muxloe since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Leicester Forest East and Kirby Muxloe area since 1995.

Recent Property Sales in Leicester Forest East and Kirby Muxloe

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
72 Rushmere Walk, Leicester Forest East, Leicester, Leicestershire, LE3 3PD	£325,000	£310,000	-£15,000	24 Sep 2023	16 Feb 2024	145 Days
1 Lark Close, Leicester Forest East, Leicester, Leicestershire, LE3 3NX	£360,000	£355,000	-£5,000	28 Nov 2023	13 Feb 2024	77 Days
12 Princess Drive, Kirby Muxloe, Leicester, Leicestershire, LE9 2DJ	£280,000	£270,000	-£10,000	27 Sep 2023	08 Jan 2024	103 Days
22 Glenfield Lane, Kirby Muxloe, Leicester, Leicestershire, LE9 2AH	£575,000	£565,000	-£10,000	11 Aug 2023	11 Dec 2023	122 Days
69 Packer Avenue, Leicester Forest East, Leicester, Leicestershire, LE3 3QN	£250,000	£250,000	£00	04 Jul 2023	24 Nov 2023	143 Days
4 Lark Close, Leicester Forest East, Leicester, Leicestershire, LE3 3NX	£395,000	£387,500	-£7,500	09 Jun 2023	20 Nov 2023	164 Days
98 Packer Avenue, Leicester Forest East, Leicester, Leicestershire, LE3 3QH	£249,950	£245,000	-£4,950	15 May 2023	17 Nov 2023	186 Days
52 Oakcroft Avenue, Kirby Muxloe, Leicester, Leicestershire, LE9 2DG	£275,000	£270,000	-£5,000	12 Apr 2023	03 Nov 2023	205 Days
11 Pendragon Way, Leicester Forest East, Leicester, Leicestershire, LE3 3EY	£425,000	£425,000	£00	28 Jul 2023	27 Oct 2023	91 Days
39 Cherry Tree Avenue, Kirby Muxloe, Leicester, Leicestershire, LE9 2HP	£390,000	£360,000	-£30,000	06 Apr 2023	27 Oct 2023	204 Days
8 Towers Drive, Kirby Muxloe, Leicester, Leicestershire, LE9 2EW	£585,000	£570,000	-£15,000	31 May 2023	27 Oct 2023	149 Days
14 Martin Avenue, Kirby Muxloe, Leicester, Leicestershire, LE9 2JH	£685,000	£665,000	-£20,000	14 Jul 2023	16 Oct 2023	94 Days
29 Lime Grove, Kirby Muxloe, Leicester, Leicestershire, LE9 2DF	£475,000	£455,800	-£19,200	01 Apr 2023	22 Sep 2023	174 Days
28 Acres Road, Leicester Forest East, Leicester, Leicestershire, LE3 3HA	£280,000	£277,000	-£3,000	06 Jun 2023	21 Sep 2023	107 Days
38 Bignal Drive, Leicester Forest East, Leicester, Leicestershire, LE3 3QE	£300,000	£300,000	£00	19 Apr 2023	15 Sep 2023	149 Days
29 Kings Drive, Leicester Forest East, Leicester, Leicestershire, LE3 3JD	£220,000	£220,000	£00	18 Apr 2023	08 Sep 2023	143 Days
3 Pleasant Close, Leicester Forest East, Leicester, Leicestershire, LE3 3NG	£330,000	£320,000	-£10,000	03 Apr 2023	06 Sep 2023	156 Days
16 Birchwood Close, Leicester Forest East, Leicester, Leicestershire, LE3 3PU	£330,000	£330,000	£00	18 Jan 2023	29 Aug 2023	223 Days
10 Charnwood Drive, Leicester Forest East, Leicester, Leicestershire, LE3 3HL	£290,000	£275,000	-£15,000	18 Apr 2023	25 Aug 2023	129 Days
82 Barry Drive, Kirby Muxloe, Leicester, Leicestershire, LE9 2HJ	£380,000	£375,000	-£5,000	30 Jan 2023	24 Aug 2023	206 Days

Most Expensive Streets in Leicester Forest East and Kirby Muxloe

Postcode	Street	Area	Average	No. of Sales
LE9 2ER	Stamford Road	Kirby Muxloe	£1,287,500	4
LE9 2EA	Forest Drive	Kirby Muxloe	£749,500	10
LE9 2EG	Linden Lane	Kirby Muxloe	£629,375	4
LE9 2DW	Barry Close	Kirby Muxloe	£589,831	13
LE9 2EW	Towers Drive	Kirby Muxloe	£578,000	5
LE3 3JT	Hinckley Road	Leicester Forest East	£570,625	4
LE9 2BA	Barns Close	Kirby Muxloe	£562,800	5
LE9 2EN	Station Road	Kirby Muxloe	£562,500	4
LE9 2HQ	Forest Rise	Kirby Muxloe	£558,285	7
LE9 2BX	The Huntings	Kirby Muxloe	£550,000	3

Least Expensive Streets in Leicester Forest East and Kirby Muxloe

Postcode	Street	Area	Average	No. of Sales
LE9 2BU	Barons Court	Barons Close	£116,500	8
LE3 3GZ	Willoughby Gardens	Leicester Forest East	£151,900	5
LE9 2AF	Farley Way	Kirby Muxloe	£190,375	4
LE3 3JQ	Chapel Green	Leicester Forest East	£190,571	7
LE9 2AW	Bluebell Close	Kirby Muxloe	£196,187	4
LE9 2AX	Primrose Way	Kirby Muxloe	£198,333	3
LE9 2AA	Barwell Road	Kirby Muxloe	£201,241	17
LE3 3QP	Packer Avenue	Leicester Forest East	£204,625	4
LE3 3FP	Park Drive	Leicester Forest East	£206,562	4
LE3 3PL	Beechwood Avenue	Leicester Forest East	£208,029	12