Area Guide For Leicestershire

A county which takes its name from the City of Leicester, Leicestershire offers a countryside view along with historic buildings and a diverse cultural mix. Leicester itself has emerged over the years as a diverse city with a good chunk of population from south Asia and the Indian subcontinent in particular. The cultural mix means there are several different events held here throughout the year, making it an exciting place to live. As for places to see, Leicestershire has plenty of them too, including theatres, parks, castles and museums.


Leicestershire Map

Estimated Price: £203,194
Average Asking Price: £265,029
Price change in last one year: £12,998
Average Price Paid: £177,634
Average Rent Rates: £1,362


Property Prices Breakdown in Leicestershire

Average Price for property in Leicestershire is around £203,194 which varies based on type of property you are interested in and ranges from £296,503 for detached house to around £169,289 for semi-detached. Similarly terraced house is around £135,101 and a flat is worth £122,397. Values have been changing and have risen £713 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,724 in last 6 months, £12,998 in last 1 year, £21,669 in last 2 years, £24,631 in last 3 years, £22,490 in last 4 years and £20,108 in last 5 years.

Currently average asking price of a property in Leicestershire is around £265,029 based on approximately 12,331 properties for sale. Same is the case with rental options based on 2,324 properties up for rent, average asking rent is around £1,362 per month.

Estimated property value in Leicestershire is £203,194. Average asking price is £265,029 while average price paid is £187,252 which is up by £12,998 and Avg. asking rent £1,362.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Leicestershire area. In last 1 year alone average price buyer paid is around £187,252 based on approximately 12,331 sales in Leicestershire area alone. If you compare it to last 3 years sales of 34,923 properties where buyers paid around £179,589. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £177,634 for 55,748 and average amount paid for purchase of approx. 75,195 properties sold in last 7 years comes to about £175,326 per sale.


Properties For Sale in Leicestershire


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £118,512, £137,409 for a 2 bedroom house, £187,877 for a 3 bedroom house, £309,241 for a 4 bedroom house and £425,050 for a 5 bedroom house. For a flat similarly the prices varies from £87,217 for a single bedroom to £117,648 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £187,072, £292,475 for a 4 bedroom flat and £500,000 for a 5 bedroom flat. To sum up the asking prices for properties in Leicestershire it comes to around average £92,660 for 1 bedroom property, £131,585 for 2 bedroom, £187,870 for 3 bedroom, £309,214 for 4 bedroom and £425,239 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £443 for 1 bedroom to £560 for 2 bedrooms, £686 for 3 bedrooms, £1,026 for 4 bedrooms and £1,198 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £447. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £608, £762 for 3 bedroom, £1,297 for 4 bedroom and around £1,380 for 5 bedroom flat. You should be generally be expecting around average £446 rent per month for single bedroom property, £581 for 2 bedroom, £691 for 3 bedroom, £1,050 for 4 bedroom and approximately £1,215 for a 5 bedroom property in Leicestershire area.

Popular Houses in Leicestershire

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Sold Properties in Leicestershire

Areas in and around Leicestershire