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Loughborough House Prices Loughborough House Prices

The average house price in Loughborough is £262,544 using HM Land Registry data.

The average property price increased by £53,288 (23.88%) over the last 5 years and increased by £10,677 (4.02%) over the last 12 months.

Over the last year, there were 440 residential property sales – a decrease of 158 transactions (-35.91%) relative to the previous year. The majority of house sales (103) were in the £140,000 - £192,000 range. Then came properties in the £192,000 - £244,000 range, where 102 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 119 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,082 (-2%).

In Dec 24, there were 54 new estate agency instructions, 56 agreed home sales and 50 property price reductions.

Postcodes Covered: LE11, LE12

5-Year Average Property Prices in Loughborough

23.88%

Property prices in Loughborough increased by 23.88% 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 Loughborough Over the Last Year

4.02%

Property prices in Loughborough increased by 4.02% 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 Loughborough - Dec 24

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 Loughborough

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 Loughborough

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 Loughborough

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 Loughborough since 1995

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

Recent Property Sales in Loughborough

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 Acer Close, Loughborough, Leicestershire, LE11 2JZ£200,000£193,000-£7,00008 May 202421 Nov 2024197 Days
2 Lawrence Way, Loughborough, Leicestershire, LE11 5XZ£220,000£212,500-£7,50003 Aug 202415 Nov 2024104 Days
32 Albert Promenade, Loughborough, Leicestershire, LE11 1RE£240,000£235,000-£5,00006 Aug 202415 Nov 2024101 Days
30 Perry Grove, Loughborough, Leicestershire, LE11 2NH£199,950£190,000-£9,95021 May 202414 Nov 2024177 Days
77 Limehurst Avenue, Loughborough, Leicestershire, LE11 1PE£350,000£350,000£0002 Feb 202414 Nov 2024286 Days
55 Abberton Way, Loughborough, Leicestershire, LE11 4WG£185,000£180,000-£5,00004 Jun 202406 Nov 2024155 Days
7 Loweswater Drive, Loughborough, Leicestershire, LE11 3RR£280,000£275,000-£5,00009 Aug 202404 Nov 202487 Days
4 Belton Road, Loughborough, Leicestershire, LE11 1JB£174,950£171,000-£3,95016 Jul 202430 Oct 2024106 Days
6 Linden Road, Loughborough, Leicestershire, LE11 1PG£180,000£170,000-£10,00021 Jun 202425 Oct 2024126 Days
30 Castledine Street Extension, Loughborough, Leicestershire, LE11 2NT£260,000£260,000£0007 Jun 202425 Oct 2024140 Days
14 Whitehouse Avenue, Loughborough, Leicestershire, LE11 2PW£240,000£235,000-£5,00002 Jul 202423 Oct 2024113 Days
6 Albert Promenade, Loughborough, Leicestershire, LE11 1RE£180,000£180,000£0016 Mar 202423 Aug 2024160 Days
4 Maple Road, Loughborough, Leicestershire, LE11 2JL£255,000£250,000-£5,00007 May 202416 Aug 2024101 Days
12 Robin Mews, Loughborough, Leicestershire, LE11 3HJ£250,000£240,000-£10,00016 Jan 202409 Aug 2024206 Days
25 Heathcoat Street, Loughborough, Leicestershire, LE11 3BW£180,000£180,000£0024 Jan 202409 Aug 2024198 Days
15 Petworth Drive, Loughborough, Leicestershire, LE11 4TY£188,000£187,000-£1,00025 Mar 202402 Aug 2024130 Days
14 Trelissick Close, Loughborough, Leicestershire, LE11 4TZ£280,000£265,000-£15,00006 Mar 202402 Aug 2024149 Days
21 Moorhen Way, Loughborough, Leicestershire, LE11 3HH£399,500£399,500£0029 Jan 202401 Aug 2024185 Days
19 Burfield Avenue, Loughborough, Leicestershire, LE11 3AZ£800,000£795,000-£5,00002 Apr 202401 Aug 2024121 Days
3 Brush Drive, Loughborough, Leicestershire, LE11 1LT£240,000£235,000-£5,00024 Jan 202431 Jul 2024189 Days

Most Expensive Streets in Loughborough

PostcodeStreetAreaAverageNo. of Sales
LE11 2RABeacon RoadLoughborough£762,27211
LE11 3JUHolywell DriveLoughborough£680,6663
LE11 3RBNursery EndLoughborough£672,7663
LE11 3RABrook LaneLoughborough£633,0005
LE11 3BFAvocet CloseNanpantan£600,0005
LE11 3LYOutwoods RoadLoughborough£592,2508
LE11 2BSHerrick RoadLoughborough£580,0003
LE11 3HXForest RoadLoughborough£558,8119
LE11 3HTForest RoadLoughborough£556,6663
LE11 2SABramcote RoadLoughborough£532,8577

Least Expensive Streets in Loughborough

PostcodeStreetAreaAverageNo. of Sales
LE11 2TZWoodgateLoughborough£55,6005
LE11 1LBSidings WalkLoughborough£63,6663
LE11 4UGWarwick WayLoughborough£85,0333
LE11 1HTHartington StreetLoughborough£87,3955
LE11 4NPKnightthorpe CourtBurns Road£91,76611
LE11 1BWRutland StreetLoughborough£92,1663
LE11 1HYStaveley CourtLoughborough£94,2504
LE11 1UABiggin StreetLoughborough£104,6258
LE11 1EBNottingham RoadLoughborough£105,7506
LE11 1BNLimetree GroveLoughborough£110,9818

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