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Thurmaston House Prices Thurmaston House Prices

The average house price in Thurmaston is £315,000 using HM Land Registry data.

The average property price increased by £59,702 (30.47%) over the last 5 years and increased by £11,932 (4.9%) over the last 12 months.

Over the last year, there were 73 residential property sales – a decrease of 28 transactions (-38.36%) relative to the previous year. The majority of house sales (23) were in the £234,000 - £266,000 range. Then came properties in the £266,000 - £298,000 range, where 15 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 93 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,608 (-3%).

In April 2024, there were 27 new estate agency instructions, 10 agreed home sales and 11 property price reductions.

Neighbouring Areas: Syston, Leicester

Postcodes Covered: LE4

5-Year Average Property Prices in Thurmaston

30.47%

Property prices in Thurmaston increased by 30.47% 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 Thurmaston Over the Last Year

4.9%

Property prices in Thurmaston 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.

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 Thurmaston - 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 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 Thurmaston

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 Thurmaston

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 Thurmaston

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 Thurmaston since 1995

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

Recent Property Sales in Thurmaston

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
10 Smith Avenue, Thurmaston, Leicester, Leicestershire, LE4 8LS£294,000£282,500-£11,50022 Mar 202315 Feb 2024330 Days
37 Beacon Avenue, Thurmaston, Leicester, Leicestershire, LE4 8FF£190,000£180,000-£10,00023 Nov 202309 Feb 202478 Days
37 Charnwood Avenue, Thurmaston, Leicester, Leicestershire, LE4 8FL£260,000£260,000£0028 Apr 202324 Nov 2023210 Days
42 Charnwood Avenue, Thurmaston, Leicester, Leicestershire, LE4 8FJ£280,000£275,000-£5,00014 Aug 202324 Nov 2023102 Days
8 Rosedene Avenue, Thurmaston, Leicester, Leicestershire, LE4 8HR£280,000£270,000-£10,00027 Jun 202320 Nov 2023146 Days
10 Blount Road, Thurmaston, Leicester, Leicestershire, LE4 8LJ£290,000£289,500-£50015 Jul 202317 Nov 2023125 Days
33 Eastfield Road, Thurmaston, Leicester, Leicestershire, LE4 8FP£75,000£75,000£0005 Jun 202309 Nov 2023157 Days
39 Clayton Drive, Thurmaston, Leicester, Leicestershire, LE4 8LQ£155,000£155,000£0011 Jul 202303 Nov 2023115 Days
17 Smith Avenue, Thurmaston, Leicester, Leicestershire, LE4 8LS£200,000£199,000-£1,00013 Jul 202303 Nov 2023113 Days
14 Unicorn Street, Thurmaston, Leicester, Leicestershire, LE4 8AW£240,000£225,000-£15,00018 Sep 202324 Oct 202336 Days
4 Dorothy Avenue, Thurmaston, Leicester, Leicestershire, LE4 8AB£240,000£208,000-£32,00016 Nov 202224 Oct 2023342 Days
17 Victoria Street, Thurmaston, Leicester, Leicestershire, LE4 8GG£190,000£180,000-£10,00016 May 202322 Sep 2023129 Days
71 Southdown Drive, Thurmaston, Leicester, Leicestershire, LE4 8HX£287,500£284,000-£3,50011 Apr 202322 Sep 2023164 Days
44 Alexandra Street, Thurmaston, Leicester, Leicestershire, LE4 8FA£210,000£208,000-£2,00030 Jan 202311 Sep 2023224 Days
108 Dovedale Road, Thurmaston, Leicester, Leicestershire, LE4 8NB£280,000£265,000-£15,00006 Jun 202331 Aug 202386 Days
75 Sandiacre Drive, Thurmaston, Leicester, Leicestershire, LE4 8GE£255,000£255,000£0022 Mar 202325 Aug 2023156 Days
94 Humberstone Lane, Thurmaston, Leicester, Leicestershire, LE4 8HF£350,000£350,000£0003 Apr 202318 Aug 2023137 Days
4 Griffin Close, Thurmaston, Leicester, Leicestershire, LE4 8LT£280,000£266,000-£14,00016 Jan 202314 Aug 2023210 Days
56 Festival Avenue, Thurmaston, Leicester, Leicestershire, LE4 8JA£260,000£260,000£0012 May 202304 Aug 202384 Days
48 Alexandra Street, Thurmaston, Leicester, Leicestershire, LE4 8FA£280,000£260,000-£20,00027 Feb 202328 Jul 2023151 Days

Most Expensive Streets in Thurmaston

PostcodeStreetAreaAverageNo. of Sales
LE4 8AHManor RoadThurmaston£382,5004
LE4 8LAColby DriveThurmaston£362,2506
LE4 8HRRosedene AvenueThurmaston£323,3333
LE4 8FRHighway RoadThurmaston£295,2005
LE4 8EFMelton RoadThurmaston£293,3333
LE4 8LFColby RoadThurmaston£283,0004
LE4 8FQHighway RoadThurmaston£281,8754
LE4 8HBCampbell AvenueThurmaston£280,8333
LE4 8ADForest AvenueThurmaston£272,0006
LE4 8EJBeverley CloseThurmaston£271,5003

Least Expensive Streets in Thurmaston

PostcodeStreetAreaAverageNo. of Sales
LE4 8NZCheckland RoadThurmaston£82,5003
LE4 9AJOnyx CrescentLeicester£122,5003
LE4 8BEMelton RoadThurmaston£143,5003
LE4 8FTRed Hill LaneThurmaston£144,3333
LE4 8DXHavelock GardensThurmaston£145,77718
LE4 8GWThorpe Field DriveThurmaston£154,2005
LE4 8HLHumberstone LaneThurmaston£157,2504
LE4 8GASandiacre DriveThurmaston£167,8333
LE4 8DABrook StreetThurmaston£169,7147
LE4 8LPKeightley WalkThurmaston£172,3333

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