Housing Market Analysis for LAUNCESTON ROAD, LE18 2GL

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

Overview of Sold House prices

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

Other
- The average price is around £887,500 median price is £887,500 Standard Deviation is £37,500 with Total Sold: 2
- The Last 5 Year average price is £887,500 with Total Sold: 2
- 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 THE VIKINGS TUN LAUNCESTON ROAD: £925,000 (Sold on 24 Aug 2020)
Flat
- The average price is around £57,404 median price is £67,000 Standard Deviation is £22,222 with Total Sold: 23
- The Last 5 Year average price is £110,000 with Total Sold: 1
- The most recent sale happened at this postcode is FLAT 7, LAUNCESTON HOUSE LAUNCESTON ROAD: £73,000 (Sold on 31 Aug 2018)
- The first recorded sale happened at this postcode is FLAT 9, LAUNCESTON HOUSE LAUNCESTON ROAD: £110,000 (Sold on 03 May 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average LE18 2GL 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: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£850,000		1
2020	£925,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£73,000	£1,028	1
2017	£77,500	£1,270	1
2016	£70,000	£969	1
2013	£72,500	£1,098	1
2012	£67,000	£971	1
2011	£66,500	£1,485	2
2007	£70,500	£998	2
2005	£70,475	£1,079	4
2002	£45,950	£753	1
2001	£40,000	£580	2
2000	£31,500	£516	1
1998	£28,000	£406	1
1997	£33,250		1
1996	£25,233	£502	3
2024	£110,000		1

All the Sales in the LAUNCESTON ROAD, LE18 2GL

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

Address	Sold Date	Price	% Change
1 LAUNCESTON ROADOther, Freehold	12 Apr 2023	£850,000	First Sale
THE VIKINGS TUN LAUNCESTON ROADOther, Freehold	24 Aug 2020	£925,000	First Sale
FLAT 7, LAUNCESTON HOUSE LAUNCESTON ROADFlat, LeaseholdArea: 71 Sq.mtrAge: 1967-1975	31 Aug 2018	£73,000	First Sale
FLAT 18, LAUNCESTON HOUSE LAUNCESTON ROADFlat, LeaseholdArea: 61 Sq.mtrAge: 1950-1966	11 Aug 2017	£77,500	-0.64%
	28 Nov 2005	£78,000	69.75%
	09 Aug 2002	£45,950	45.87%
	28 Jul 2000	£31,500	First Sale
FLAT 9, LAUNCESTON HOUSE LAUNCESTON ROADFlat, LeaseholdArea: 72.21 Sq.mtrAge: 1967-1975	06 Jan 2016	£70,000	-4.11%
	15 Mar 2007	£73,000	-33.64%
	03 May 2024	£110,000	First Sale
FLAT 15, LAUNCESTON HOUSE LAUNCESTON ROADFlat, LeaseholdArea: 66 Sq.mtrAge: 1976-1982	27 Sep 2013	£72,500	25.00%
	16 Dec 2005	£58,000	87.10%
	08 Nov 1996	£31,000	First Sale
FLAT 14, LAUNCESTON HOUSE LAUNCESTON ROADFlat, LeaseholdArea: 69 Sq.mtrAge: 1950-1966	07 Dec 2012	£67,000	-1.47%
	27 Jul 2007	£68,000	First Sale
FLAT 11, LAUNCESTON HOUSE LAUNCESTON ROADFlat, LeaseholdArea: 36.92 Sq.mtrAge: 1976-1982	22 Jul 2011	£68,000	245.18%
	08 Feb 1996	£19,700	First Sale
FLAT 17, LAUNCESTON HOUSE LAUNCESTON ROADFlat, LeaseholdArea: 57.66 Sq.mtrAge: 1967-1975	17 Jun 2011	£65,000	First Sale
FLAT 8, LAUNCESTON HOUSE LAUNCESTON ROADFlat, Leasehold	25 Nov 2005	£70,950	First Sale
FLAT 10, LAUNCESTON HOUSE LAUNCESTON ROADFlat, Leasehold	24 Mar 2005	£74,950	199.80%
FLAT 10, LAUNCESTON HOUSE LAUNCESTON ROADFlat, Leasehold	08 Aug 1996	£25,000	First Sale
12A, LAUNCESTON HOUSE LAUNCESTON ROADFlat, Leasehold	21 Dec 2001	£40,000	20.30%
12A, LAUNCESTON HOUSE LAUNCESTON ROADFlat, Leasehold	29 Aug 1997	£33,250	First Sale
FLAT 16, LAUNCESTON HOUSE LAUNCESTON ROADFlat, LeaseholdArea: 69 Sq.mtrAge: 1950-1966	23 Nov 2001	£40,000	42.86%
	08 May 1998	£28,000	First Sale

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

LAUNCESTON ROAD, LE18 2GL Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £136,563 median price is £139,000 Standard Deviation is £62,051 with Total Sold: 1,117
- The Last 5 Year average price is £228,257 with Total Sold: 182
- 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 , 28 DAVENPORT ROAD: £41,000 (Sold on 06 Jan 1995)
Detached
- The average price is around £189,959 median price is £187,000 Standard Deviation is £87,812 with Total Sold: 301
- The Last 5 Year average price is £303,664 with Total Sold: 52
- 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 £122,990 median price is £122,500 Standard Deviation is £57,488 with Total Sold: 193
- The Last 5 Year average price is £200,456 with Total Sold: 40
- 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	£255,718	£3,329	35
2021	£234,146	£2,845	41
2020	£210,883	£2,729	33
2019	£195,790	£2,596	43
2018	£192,679	£2,516	39
2017	£180,303	£2,273	38
2016	£171,478	£2,150	41
2015	£156,085	£2,249	36
2014	£150,990	£1,976	35
2013	£138,513	£1,935	34
2012	£133,145	£1,836	30
2011	£144,331	£1,724	39
2010	£134,120	£1,657	27
2009	£134,083	£1,599	29
2008	£150,860	£1,985	24
2007	£156,438	£1,950	42
2006	£147,072	£1,934	60
2005	£143,266	£1,780	22
2004	£136,988	£1,684	51
2003	£116,099	£1,450	47
2002	£96,295	£1,176	49
2001	£77,063	£940	26
2000	£68,627	£892	55
1999	£61,195	£760	56
1998	£59,900	£676	36
1997	£54,032	£706	42
1996	£51,819	£617	42
1995	£49,130	£648	35

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£319,338	£3,274	4
2023	£351,500	£2,935	6
2022	£342,778	£3,322	9
2021	£293,416	£2,835	16
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	£216,461	£1,982	14
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	£170,123	£1,719	11
2002	£117,584	£1,030	19
2001	£117,729	£954	17
2000	£98,386	£864	11
1999	£81,054	£793	14
1998	£79,104	£803	13
1997	£81,850	£621	10
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	£222,667	£3,650	6
2022	£222,395	£3,033	10
2021	£216,250	£2,944	6
2020	£192,560	£2,856	5
2019	£163,375	£2,750	12
2018	£177,000	£2,262	3
2017	£131,167	£3,292	3
2016	£151,190	£2,942	5
2015	£131,750	£2,250	4
2014	£145,500	£2,012	8
2013	£109,300	£1,644	5
2012	£121,500	£1,951	8
2011	£125,833	£1,998	6
2010	£114,333	£1,901	3
2009	£121,361	£2,162	4
2008	£141,500	£1,476	2
2007	£141,612	£2,080	4
2006	£120,875	£2,137	8
2005	£135,106	£1,933	8
2004	£125,311	£2,135	14
2003	£117,232	£1,811	14
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	£42,869	£707	8
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 2GL area

The most common house types in the LE18 2GL 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 2GL 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