The average property value in Leicestershire is £285,486 according to property sale data for the year ending June 2021 published by HM Land Registry. Between the years ending June 2020 and June 2021, property values in Leicestershire grew by £26,052. Compare house prices by area
Average property prices in Leicestershire grew by 10.0% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 4.4% per year.
If prices in Leicestershire continue to rise by 4.4% a year, the average property price will be £339,063 in 2025.
The most expensive property values in Leicestershire are found in Harborough, and the cheapest property values are found in Hinckley and Bosworth.
There were 11,148 property sales in Leicestershire in the year ending June 2021, an increase of 755 when compared to the previous year.
The average price for a house in Leicestershire ranges from £190,250 for a terraced house to £382,351 for a detached house, with semi-detached in between costing on average £231,315.
The average price for a flat or maisonette in Leicestershire is £144,969.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Leicestershire, semi-detached house prices have risen the most between the years ending 2011 and 2021, and flat prices have grown the least.
Detached house prices have risen 45.7% from £262,399 to £382,351, semi-detached house prices have risen 54.8% from £149,419 to £231,315, terraced house prices have risen 48.7% from £127,977 to £190,250, and flat prices have risen 26.5% from £114,603 to £144,969.
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The most common type of property sold in Leicestershire during the year ending June 2021 was detached houses, which accounted for 43.0% of properties.
The least commonly available type of property sold in Leicestershire were flats, which account for 3.3% of properties sold.
Of the properties sold in Leicestershire during 2021, 3.9% were new build properties.
The average price paid for a new build property in Leicestershire was £38,305 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was detached houses (66% of new build properties sold). For existing properties, the most common type is detached houses (41% of existing properties sold).
The most common price band for property sales in Leicestershire is £200k - £300k, which accounted for 24.0% of properties sold in 2021.
0.2% of properties in Leicestershire had a price over £1 million. For comparison, in England, 2.1% of property sales were priced at over £1 million.
The cheapest properties in Leicestershire were in the £50k - £100k price bracket, accounting for 0.9% of sales.
The cheapest property prices in Leicestershire are found in Hinckley and Bosworth, where the average cost of a property is £260,824. Between the years ending June 2020 and June 2021, property prices have changed by 12.9% in Hinckley and Bosworth (compared to 10.0% in Leicestershire)
Average property price
YoY change in price
|1|| Hinckley and Bosworth |
|2|| North West Leicestershire |
|3|| Blaby |
|4|| Oadby and Wigston |
|5|| Charnwood |
The most expensive property values in Leicestershire are found in Harborough, where the average property price is £355,514. Between the years ending June 2020 and June 2021, property prices have changed by 10.1% in Harborough (compared to 10.0% in Leicestershire)
Average Property Price
YoY CHANGE in PRICE
|1|| Harborough |
|2|| Melton |
|3|| Charnwood |
|4|| Oadby and Wigston |
|5|| Blaby |
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics