Leicestershire property prices

The average property price in Leicestershire county is £267k. The average price increased by £25.3k (10%) over the last twelve months. The price of an established property is £264k. The price of a newly built property is £306k. There were 12.0k property sales and sales dropped by 8.9% (-1.3k transactions). Most properties were sold in the £150k-£200k price range with 2877 (24.0%) properties sold, followed by £200k-£250k price range with 2604 (21.8%) properties sold.

August 2020 - July 2021

Leicestershire county

England and Wales

£267k

average property price

£339k

average property price

10%

average price percentage change

12%

average price percentage change

£25.3k

average price change

£37.1k

average price change

Leicestershire house prices map

This price map shows the average property price in a given postcode sector between August 2020 - July 2021. The most affordable place was 'LE1 3' with the average price of £75.2k. The most expensive place was 'LE7 4', £492k.

Leicestershire house prices map

Leicestershire house prices compared to other counties

Comparison of the average property price and an average price percentage change by county. Price % change compares the average property price between August 2020 - July 2021 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in county.

Leicestershire house prices compared to other countiesAverage price percentage change
Average property price

Leicestershire house price rank

With the average price of £267k, Leicestershire is the 25. cheapest county out of 55 England and Wales' counties.

Leicestershire house price rank

Leicestershire property sales share by price range

shows a number of properties sold in a given price range between August 2020 - July 2021.

Leicestershire property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.0%2
£50k-£100k2.3%275
£100k-£150k10.8%1.3k
£150k-£200k24.0%2.9k
£200k-£250k21.8%2.6k
£250k-£300k13.6%1.6k
£300k-£400k15.3%1.8k
£400k-£500k6.5%782
£500k-£750k4.4%530
£750k-£1M0.8%94
over £1M0.4%48

Leicestershire cost comparison of new homes and older homes

August 2020 - July 2021

Leicestershire cost comparison of new homes and older homes

£306k

A newly built property

£264k

An established property

Leicestershire cost comparison of houses and flats

August 2020 - July 2021

Leicestershire cost comparison of houses and flats

£378k

Detached

£136k

Flat

£228k

Semi-Detached

£186k

Terraced

Leicestershire real house prices

Yearly average nominal house prices adjusted for inflation.

Leicestershire real house prices

Leicestershire house prices compared to England & Wales' house prices

Yearly average nominal prices

Leicestershire house prices

Leicestershire house prices per square meter

Yearly average nominal prices per square meter.

Average price per square meter

Leicestershire house prices and nearby counties

Yearly average nominal prices

Leicestershire house prices and nearby counties

Leicestershire house prices new vs established

Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.

Leicestershire house prices new vs established

Leicestershire house prices by property type

Yearly average nominal prices

Leicestershire house prices by property type

Leicestershire house price to earnings ratio

The median property price to median earnings ratio is ranging between 6.8 in North West Leicestershire and 8.6 in Harborough. Ie. North West Leicestershire resident with middle-income needs 6.8 gross annual salaries to buy a medium-priced property. Resident in Harborough needs 8.6 annual salaries. The England and Wales ratio was 7.7 in 2019.
Leicestershire house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2019
North West Leicestershire6.8
Charnwood7
Hinckley and Bosworth7
Blaby7.1
Leicester7.5
England and Wales7.7
Oadby and Wigston7.8
Melton8.4
Harborough8.6

Other reports for Leicestershire county

new home prices

property transactions

salary and unemployment

population statistics

energy costs

crime statistics

home features

home energy certificates

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