Housing Market Analysis for SPRING LANE, LE18 1LW

Are you looking to understand LE18 1LW house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Oadby and Wigston postcode.

For the location information and nearby amenities in the LE18 1LW area, explore the LE18 1LW Area information page.
For comprehensive crime statistics in the LE18 1LW area, explore the LE18 1LW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LE18 1LW postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £113,600 median price is £123,000 Standard Deviation is £37,055 with Total Sold: 5
    • The Last 5 Year average price is £137,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 4 SPRING LANE: £132,000 (Sold on 26 Sep 2023)
    • The first recorded sale happened at this postcode is 7 SPRING LANE: £47,000 (Sold on 23 Jun 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average LE18 1LW house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£127,500 £1,594 2
2019£158,000 £1,927 1
2006£108,000 £1,241 1
1995£47,000 £540 1

All the Sales in the SPRING LANE, LE18 1LW

See the table below for more details on the sold house prices in the LE18 1LW, Oadby and Wigston postcode.

AddressSold DatePrice% Change
4 SPRING LANETerraced, FreeholdArea: 80 Sq.mtrAge: before 190026 Sep 2023£132,0007.32%
10 Jul 2023£123,000First Sale
6 SPRING LANETerraced, FreeholdArea: 82 Sq.mtrAge: before 190031 May 2019£158,000First Sale
7 SPRING LANETerraced, FreeholdArea: 87 Sq.mtrAge: before 190031 Oct 2006£108,000129.79%
23 Jun 1995£47,000First Sale

Check out the sold house prices near the LE18 1LW postcode. Properties currently for saleProperties currently for rent

SPRING LANE, LE18 1LW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LE18 1LW postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the LE18 1LW postcode.

  • Terraced
    • The average price is around £110,693 median price is £109,500 Standard Deviation is £58,045 with Total Sold: 594
    • The Last 5 Year average price is £182,965 with Total Sold: 97
    • The most recent sale happened at this postcode is , 39 PADDOCK STREET: £100,000 (Sold on 25 Jul 2024)
    • The first recorded sale happened at this postcode is , 28 ACORN WAY: £45,000 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £142,903 median price is £140,000 Standard Deviation is £70,461 with Total Sold: 1,136
    • The Last 5 Year average price is £238,938 with Total Sold: 188
    • The most recent sale happened at this postcode is , 3A GLEBE CLOSE: £210,000 (Sold on 19 Jul 2024)
    • The first recorded sale happened at this postcode is , 10 VICTORIA STREET: £41,000 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £81,908 median price is £79,950 Standard Deviation is £38,989 with Total Sold: 215
    • The Last 5 Year average price is £116,222 with Total Sold: 36
    • The most recent sale happened at this postcode is FLAT 15, KINGSWOOD COURT LONG STREET: £130,000 (Sold on 14 Jun 2024)
    • The first recorded sale happened at this postcode is , 68 PENNEY CLOSE: £33,000 (Sold on 31 Mar 1995)
  • Other
    • The average price is around £655,484 median price is £335,000 Standard Deviation is £1,097,012 with Total Sold: 46
    • The Last 5 Year average price is £617,278 with Total Sold: 27
    • The most recent sale happened at this postcode is , 57 - 59 LEICESTER ROAD: £355,000 (Sold on 13 Jun 2024)
    • The first recorded sale happened at this postcode is , B & Q PLC BULL HEAD STREET: £4,000,000 (Sold on 13 Dec 2013)
  • Detached
    • The average price is around £221,139 median price is £219,000 Standard Deviation is £111,418 with Total Sold: 392
    • The Last 5 Year average price is £354,629 with Total Sold: 89
    • The most recent sale happened at this postcode is , 87 OADBY ROAD: £275,000 (Sold on 08 Dec 2023)
    • The first recorded sale happened at this postcode is , 51 SPA LANE: £52,865 (Sold on 24 Mar 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£178,000 £2,200 5
2023£216,955 £2,712 11
2022£201,750 £2,809 20
2021£174,224 £2,473 29
2020£183,816 £2,088 22
2019£133,964 £1,519 10
2018£152,421 £2,381 19
2017£147,561 £2,106 23
2016£143,481 £1,869 21
2015£139,556 £1,712 18
2014£133,184 £1,527 16
2013£127,077 £1,546 13
2012£99,667 £1,614 15
2011£109,439 £1,636 9
2010£134,968 £1,914 28
2009£137,735 £1,514 30
2008£121,904 £1,543 13
2007£124,982 £1,847 20
2006£115,165 £1,611 17
2005£122,462 £1,567 13
2004£104,745 £1,361 29
2003£92,802 £1,223 23
2002£71,520 £911 33
2001£56,662 £851 29
2000£46,251 £696 24
1999£41,745 £663 21
1998£40,504 £530 17
1997£36,747 £601 19
1996£37,207 £512 23
1995£40,675 £548 24
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£235,846 £2,615 13
2023£257,817 £3,304 30
2022£262,301 £3,297 37
2021£241,380 £2,988 44
2020£225,136 £2,707 37
2019£202,370 £2,593 27
2018£216,694 £2,531 41
2017£200,168 £2,345 47
2016£181,080 £2,237 37
2015£158,483 £2,098 47
2014£152,726 £1,912 46
2013£142,947 £1,718 33
2012£149,017 £1,765 24
2011£143,819 £1,907 32
2010£142,508 £1,858 32
2009£130,404 £1,530 38
2008£148,276 £1,762 27
2007£161,314 £2,049 42
2006£153,730 £1,837 40
2005£130,627 £1,781 47
2004£150,971 £1,668 50
2003£123,693 £1,461 32
2002£94,858 £1,135 39
2001£73,155 £953 38
2000£67,474 £891 54
1999£61,499 £775 50
1998£57,240 £620 35
1997£50,577 £680 46
1996£49,249 £590 37
1995£47,512 £581 34
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£130,0001
2023£121,625 £2,314 8
2022£119,750 £2,321 8
2021£101,300 £2,269 5
2020£93,667 £2,361 3
2019£121,409 £2,945 11
2018£142,667 £2,061 3
2017£112,833 £1,967 6
2016£95,389 £2,012 14
2015£84,580 £1,551 5
2014£70,833 £1,817 3
2013£66,228 £1,641 9
2012£73,875 £1,906 4
2011£82,107 £1,422 7
2010£78,517 £1,600 6
2009£99,762 £1,391 13
2008£113,112 £2,236 13
2007£88,711 £1,953 14
2006£106,330 £2,173 5
2005£85,586 £1,802 11
2004£63,480 £1,957 5
2003£66,414 £1,594 7
2002£50,625 £1,154 14
2001£38,733 £940 9
2000£38,438 £943 4
1999£36,200 £690 5
1998£37,500 £725 7
1997£31,493 £823 7
1996£34,314 £605 7
1995£33,000 £702 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£357,5002
2023£223,071 £4,643 7
2022£441,000 £3,682 5
2021£1,772,5004
2020£174,0005
2019£1,056,250 £4,857 4
2018£356,875 £1,449 4
2017£607,9788
2016£565,8905
2015£365,000 £2,897 1
2013£4,000,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£332,500 £3,411 11
2022£342,433 £3,378 15
2021£358,300 £2,994 33
2020£442,936 £2,756 15
2019£286,666 £2,763 15
2018£304,555 £2,359 9
2017£254,450 £2,345 10
2016£252,883 £2,438 18
2015£236,368 £2,430 19
2014£198,045 £1,977 11
2013£205,883 £2,026 9
2012£221,556 £2,193 8
2011£213,786 £1,903 7
2010£202,458 £2,093 6
2009£184,214 £1,548 7
2008£189,000 £1,431 7
2007£223,928 £2,006 9
2006£219,729 £1,890 12
2005£237,760 £1,960 30
2004£223,981 £1,963 27
2003£156,929 £1,653 14
2002£140,994 £1,330 18
2001£124,079 £996 14
2000£104,125 £993 8
1999£79,489 £776 14
1998£85,900 £669 11
1997£74,341 £715 19
1996£73,688 £647 8
1995£58,921 £857 8

House Type in LE18 1LW area

The most common house types in the LE18 1LW postcode area are Flat (53), Semi-detached (37), and Terraced (14).

Total126
Flat53
Semi-detached37
Terraced14
Detached12
commercial building8
converted building2
Shared house0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (45), and Owned: Owns outright (34).

Social rented: Rents from council or Local Authority45
Owned: Owns outright34
Private rented: Private landlord or letting agency25
Owned: Owns with a mortgage or loan18
Private rented: Other private rented3
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LE18 1LW have 1 person in household (38), and 2 people in household (34).

1 person in household38
2 people in household34
3 people in household21
4 people in household18
5 people in household6
7 people in household3
6 people in household2
8 or more people in household2
0 people in household0