Housing Market Analysis for LAUNCESTON ROAD, LE18 2FU

Are you looking to understand LE18 2FU 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 2FU area, explore the LE18 2FU Area information page.
For comprehensive crime statistics in the LE18 2FU area, explore the LE18 2FU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LE18 2FU postcode area, The average prices are as follows,

Flat
- The average price is around £56,833 median price is £66,450 Standard Deviation is £21,438 with Total Sold: 23
- The Last 5 Year average price is £81,000 with Total Sold: 2
- The most recent sale happened at this postcode is FLAT 6, REDRUTH COURT LAUNCESTON ROAD: £80,000 (Sold on 31 May 2022)
- The first recorded sale happened at this postcode is FLAT 1, REDRUTH COURT LAUNCESTON ROAD: £33,000 (Sold on 09 Aug 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average LE18 2FU 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£81,000	£1,781	2
2014	£77,000	£1,351	1
2012	£72,000	£1,253	1
2009	£68,000		1
2008	£77,000	£1,351	1
2006	£84,000	£1,442	2
2004	£72,667	£1,397	3
2003	£65,725	£1,170	2
2001	£36,475	£729	2
2000	£35,750	£526	4
1999	£31,500	£553	1
1998	£26,625	£525	2
1996	£33,000	£579	1

All the Sales in the LAUNCESTON ROAD, LE18 2FU

See the table below for more details on the sold house prices in the LE18 2FU, Oadby and Wigston postcode.

Address	Sold Date	Price	% Change
FLAT 6, REDRUTH COURT LAUNCESTON ROADFlat, LeaseholdArea: 46 Sq.mtrAge: 1967-1975	31 May 2022	£80,000	First Sale
FLAT 7, REDRUTH COURT LAUNCESTON ROADFlat, LeaseholdArea: 45 Sq.mtrAge: 1967-1975	14 Jan 2022	£82,000	First Sale
FLAT 1, REDRUTH COURT LAUNCESTON ROADFlat, LeaseholdArea: 57 Sq.mtrAge: 1976-1982	21 Oct 2014	£77,000	0.0
	19 Aug 2008	£77,000	133.33%
	09 Aug 1996	£33,000	First Sale
FLAT 3, REDRUTH COURT LAUNCESTON ROADFlat, LeaseholdArea: 57.46 Sq.mtrAge: 1976-1982	25 Apr 2012	£72,000	-12.20%
	01 Mar 2006	£82,000	9.33%
	30 Mar 2004	£75,000	15.38%
	14 Apr 2003	£65,000	First Sale
FLAT 13, REDRUTH COURT LAUNCESTON ROADFlat, Leasehold	05 Jun 2009	£68,000	88.89%
FLAT 13, REDRUTH COURT LAUNCESTON ROADFlat, Leasehold	24 Mar 2000	£36,000	First Sale
FLAT 8, REDRUTH COURT LAUNCESTON ROADFlat, LeaseholdArea: 59 Sq.mtrAge: 1967-1975	26 May 2006	£86,000	First Sale
FLAT 12, REDRUTH COURT LAUNCESTON ROADFlat, Leasehold	24 May 2004	£76,000	111.11%
FLAT 12, REDRUTH COURT LAUNCESTON ROADFlat, Leasehold	19 May 2000	£36,000	First Sale
FLAT 11, REDRUTH COURT LAUNCESTON ROADFlat, LeaseholdArea: 45 Sq.mtrAge: 1996-2002	19 Mar 2004	£67,000	76.32%
	10 Aug 2001	£38,000	First Sale
FLAT 9, REDRUTH COURT LAUNCESTON ROADFlat, LeaseholdArea: 55 Sq.mtrAge: 1967-1975	20 Jun 2003	£66,450	101.36%
	13 Mar 1998	£33,000	First Sale
FLAT 5, REDRUTH COURT LAUNCESTON ROADFlat, LeaseholdArea: 57 Sq.mtrAge: 1976-1982	04 Jun 2001	£34,950	First Sale
FLAT 2, REDRUTH COURT LAUNCESTON ROADFlat, LeaseholdArea: 57 Sq.mtrAge: 1967-1975	05 Dec 2000	£30,000	-4.76%
	07 May 1999	£31,500	First Sale
FLAT 4, REDRUTH COURT LAUNCESTON ROADFlat, Leasehold	26 May 2000	£41,000	First Sale
FLAT 10, REDRUTH COURT LAUNCESTON ROADFlat, LeaseholdArea: 45 Sq.mtrAge: 1967-1975	20 Mar 1998	£20,250	First Sale

Check out the sold house prices near the LE18 2FU postcode. Properties currently for saleProperties currently for rent

LAUNCESTON ROAD, LE18 2FU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LE18 2FU 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 2FU postcode.

Semi-Detached
- The average price is around £137,030 median price is £139,950 Standard Deviation is £62,275 with Total Sold: 1,037
- The Last 5 Year average price is £229,123 with Total Sold: 170
- The most recent sale happened at this postcode is , 20 AMESBURY ROAD: £270,000 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 8 WELLHOUSE CLOSE: £57,450 (Sold on 10 Feb 1995)
Detached
- The average price is around £188,638 median price is £187,000 Standard Deviation is £84,122 with Total Sold: 295
- The Last 5 Year average price is £298,770 with Total Sold: 50
- The most recent sale happened at this postcode is , 35 BARNSTAPLE CLOSE: £260,000 (Sold on 14 Jun 2024)
- The first recorded sale happened at this postcode is , 25 AMESBURY ROAD: £60,000 (Sold on 28 Apr 1995)
Flat
- The average price is around £62,521 median price is £68,000 Standard Deviation is £24,838 with Total Sold: 119
- The Last 5 Year average price is £103,091 with Total Sold: 11
- The most recent sale happened at this postcode is FLAT 9, LAUNCESTON HOUSE LAUNCESTON ROAD: £110,000 (Sold on 03 May 2024)
- The first recorded sale happened at this postcode is FLAT 28, AMESBURY COURT LAUNCESTON ROAD: £27,500 (Sold on 28 Apr 1995)
Terraced
- The average price is around £112,197 median price is £115,000 Standard Deviation is £57,364 with Total Sold: 149
- The Last 5 Year average price is £194,602 with Total Sold: 32
- The most recent sale happened at this postcode is , 13 CAMBORNE CLOSE: £237,500 (Sold on 26 Mar 2024)
- The first recorded sale happened at this postcode is , 2 SALCOMBE CLOSE: £47,950 (Sold on 28 Apr 1995)
Other
- The average price is around £349,100 median price is £210,000 Standard Deviation is £355,664 with Total Sold: 7
- The Last 5 Year average price is £383,740 with Total Sold: 5
- The most recent sale happened at this postcode is , 1 LAUNCESTON ROAD: £850,000 (Sold on 12 Apr 2023)
- The first recorded sale happened at this postcode is , 3 WEYMOUTH CLOSE: £210,000 (Sold on 14 Sep 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£240,600	£2,750	10
2023	£260,425	£3,317	20
2022	£255,754	£3,300	33
2021	£235,833	£2,829	36
2020	£212,456	£2,768	31
2019	£195,511	£2,558	40
2018	£192,338	£2,513	37
2017	£179,811	£2,259	37
2016	£171,892	£2,135	36
2015	£155,790	£2,236	34
2014	£149,991	£1,984	33
2013	£139,014	£1,953	33
2012	£133,145	£1,836	30
2011	£144,331	£1,724	39
2010	£134,310	£1,650	25
2009	£134,131	£1,619	26
2008	£149,626	£1,985	21
2007	£156,997	£1,922	36
2006	£146,799	£1,934	58
2005	£145,040	£1,798	21
2004	£138,125	£1,698	44
2003	£116,457	£1,457	42
2002	£97,194	£1,191	44
2001	£78,152	£940	24
2000	£68,566	£864	49
1999	£61,048	£747	53
1998	£60,365	£676	34
1997	£54,391	£672	38
1996	£51,819	£617	42
1995	£49,132	£648	31

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£319,338	£3,274	4
2023	£291,800	£3,169	5
2022	£342,778	£3,322	9
2021	£299,510	£2,892	15
2020	£291,625	£2,443	8
2019	£254,611	£2,360	9
2018	£273,500	£2,562	9
2017	£266,409	£2,105	17
2016	£243,125	£2,012	8
2015	£213,844	£2,042	16
2014	£214,381	£1,973	13
2013	£174,890	£2,090	5
2012	£175,250	£1,682	4
2011	£195,000	£1,758	6
2010	£201,562	£1,979	8
2009	£197,475	£1,551	2
2008	£180,690	£1,795	5
2007	£207,389	£1,854	19
2006	£194,617	£1,691	12
2005	£204,101	£1,930	5
2004	£193,640	£1,700	10
2003	£174,540	£1,719	10
2002	£117,584	£1,030	19
2001	£110,712	£954	16
2000	£98,386	£864	11
1999	£81,054	£793	14
1998	£79,104	£803	13
1997	£82,278	£595	9
1996	£69,845	£708	10
1995	£60,375	£499	4

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£110,000		1
2023	£125,000	£2,358	1
2022	£103,400	£2,148	5
2020	£110,000	£2,391	1
2019	£90,667	£1,936	3
2018	£83,800	£1,766	5
2017	£78,000	£1,547	3
2016	£78,750	£1,582	4
2015	£73,000	£1,608	1
2014	£71,990	£1,484	5
2013	£70,167	£1,392	3
2012	£69,000	£1,260	3
2011	£69,000	£1,535	3
2010	£67,750	£1,496	2
2009	£68,000		1
2008	£72,375	£1,429	4
2007	£83,575	£1,592	6
2006	£83,500	£1,706	6
2005	£72,733	£1,377	6
2004	£77,064	£1,531	7
2003	£62,850	£1,198	4
2002	£46,486	£1,018	7
2001	£38,044	£739	9
2000	£34,828	£666	9
1999	£29,300	£614	4
1998	£29,321	£538	7
1997	£29,500	£571	3
1996	£27,175	£527	4
1995	£28,500	£623	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£237,500		1
2023	£218,000	£3,709	5
2022	£210,564	£3,040	7
2021	£219,300	£2,941	5
2020	£189,950	£2,865	4
2019	£156,950	£2,703	10
2018	£171,000	£2,343	2
2017	£126,750	£2,696	2
2016	£125,650	£1,813	3
2015	£131,750	£2,250	4
2014	£138,800	£1,928	5
2013	£109,300	£1,644	5
2012	£108,900	£1,847	5
2011	£120,000	£2,059	5
2010	£102,500	£1,836	2
2009	£110,165	£1,738	3
2008	£121,000	£1,476	1
2007	£133,817	£2,080	3
2006	£116,143	£2,007	7
2005	£124,250	£1,810	4
2004	£96,780	£1,504	5
2003	£105,669	£1,862	8
2002	£81,224	£1,113	6
2001	£64,378	£949	9
2000	£59,150	£836	6
1999	£48,368	£807	8
1998	£46,957	£708	7
1997	£42,707	£707	7
1996	£46,900	£595	5
1995	£47,553	£601	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£850,000		1
2021	£6,600	£147	2
2020	£925,000		1
2019	£130,500	£1,145	1
2018	£315,000	£2,128	1
2016	£210,000	£2,165	1

House Type in LE18 2FU area

The most common house types in the LE18 2FU postcode area are Flat (65), Semi-detached (35), and Detached (16).

Total	119
Flat	65
Semi-detached	35
Detached	16
commercial building	2
Terraced	1
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (46), and Private rented: Private landlord or letting agency (31).

Owned: Owns outright	46
Private rented: Private landlord or letting agency	31
Owned: Owns with a mortgage or loan	26
Social rented: Other social rented	9
Private rented: Other private rented	5
Social rented: Rents from council or Local Authority	3
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the LE18 2FU have 1 person in household (65), and 2 people in household (32).

1 person in household	65
2 people in household	32
3 people in household	11
4 people in household	9
5 people in household	3
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0