Housing Market Analysis for SOUTHMEADS CLOSE, LE2 2LT

Are you looking to understand LE2 2LT 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 LE2 2LT area, explore the LE2 2LT Area information page.
For comprehensive crime statistics in the LE2 2LT area, explore the LE2 2LT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LE2 2LT postcode area, The average prices are as follows,

Detached
- The average price is around £489,889 median price is £500,000 Standard Deviation is £262,362 with Total Sold: 13
- The Last 5 Year average price is £813,333 with Total Sold: 3
- The most recent sale happened at this postcode is 6 SOUTHMEADS CLOSE: £890,000 (Sold on 17 Mar 2023)
- The first recorded sale happened at this postcode is 12 SOUTHMEADS CLOSE: £950,000 (Sold on 19 Dec 2023)
Semi-Detached
- The average price is around £257,000 median price is £257,000 Standard Deviation is £93,000 with Total Sold: 2
- The most recent sale happened at this postcode is 7 SOUTHMEADS CLOSE: £350,000 (Sold on 06 Feb 2002)
- The first recorded sale happened at this postcode is 7 SOUTHMEADS CLOSE: £164,000 (Sold on 26 Sep 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average LE2 2LT 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£920,000	£4,575	2
2021	£600,000	£3,822	1
2018	£760,000	£2,508	1
2015	£500,000	£1,805	1
2010	£560,000		1
2008	£240,000		1
2007	£636,000		1
2004	£447,551		1
2001	£230,000	£1,022	1
2000	£210,000	£1,338	1
1999	£175,000	£916	1
1998	£170,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2002	£350,000		1
1997	£164,000		1

All the Sales in the SOUTHMEADS CLOSE, LE2 2LT

See the table below for more details on the sold house prices in the LE2 2LT, Oadby and Wigston postcode.

Address	Sold Date	Price	% Change
6 SOUTHMEADS CLOSEDetached, FreeholdArea: 277 Sq.mtrAge: 1967-1975	17 Mar 2023	£890,000	78.00%
	28 Oct 2015	£500,000	117.39%
	25 Jan 2001	£230,000	First Sale
5 SOUTHMEADS CLOSEDetached, FreeholdArea: 157 Sq.mtrAge: 1967-1975	01 Apr 2021	£600,000	185.71%
	03 Mar 2000	£210,000	First Sale
11A SOUTHMEADS CLOSEDetached, FreeholdArea: 303 Sq.mtr	29 Nov 2018	£760,000	First Sale
1 SOUTHMEADS CLOSEDetached, Freehold	07 Jan 2010	£560,000	First Sale
9 SOUTHMEADS CLOSEDetached, Freehold	11 Mar 2008	£240,000	First Sale
11 SOUTHMEADS CLOSEDetached, Freehold	27 Jun 2007	£636,000	First Sale
4 SOUTHMEADS CLOSEDetached, Freehold	07 May 2004	£447,551	First Sale
7 SOUTHMEADS CLOSESemi-Detached, Freehold	06 Feb 2002	£350,000	113.41%
7 SOUTHMEADS CLOSESemi-Detached, Freehold	26 Sep 1997	£164,000	First Sale
8 SOUTHMEADS CLOSEDetached, FreeholdArea: 191 Sq.mtrAge: 1967-1975	16 Apr 1999	£175,000	First Sale
10 SOUTHMEADS CLOSEDetached, Freehold	19 Jun 1998	£170,000	First Sale
12 SOUTHMEADS CLOSEDetached, FreeholdArea: 160 Sq.mtrAge: 1976-1982	19 Dec 2023	£950,000	First Sale

Check out the sold house prices near the LE2 2LT postcode. Properties currently for saleProperties currently for rent

SOUTHMEADS CLOSE, LE2 2LT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LE2 2LT 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 LE2 2LT postcode.

Semi-Detached
- The average price is around £151,949 median price is £133,500 Standard Deviation is £93,858 with Total Sold: 284
- The Last 5 Year average price is £300,281 with Total Sold: 24
- The most recent sale happened at this postcode is 4, OADBY COURT LEICESTER ROAD: £465,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 65 STOUGHTON ROAD: £95,000 (Sold on 13 Jan 1995)
Terraced
- The average price is around £118,565 median price is £118,500 Standard Deviation is £58,238 with Total Sold: 257
- The Last 5 Year average price is £220,688 with Total Sold: 21
- The most recent sale happened at this postcode is , 28 WYCH ELM ROAD: £280,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 64 REGENT STREET: £33,000 (Sold on 20 Jan 1995)
Detached
- The average price is around £299,688 median price is £226,500 Standard Deviation is £227,313 with Total Sold: 510
- The Last 5 Year average price is £646,372 with Total Sold: 39
- The most recent sale happened at this postcode is , 7 MEADOWCOURT ROAD: £905,000 (Sold on 12 Jul 2024)
- The first recorded sale happened at this postcode is , 148A LEICESTER ROAD: £77,000 (Sold on 06 Jan 1995)
Other
- The average price is around £1,716,282 median price is £304,250 Standard Deviation is £3,920,674 with Total Sold: 10
- The Last 5 Year average price is £4,931,438 with Total Sold: 3
- The most recent sale happened at this postcode is , ASDA STORES LTD LEICESTER ROAD: £13,447,315 (Sold on 20 Dec 2023)
- The first recorded sale happened at this postcode is UNIT 4, MIDLAND HOUSE CROSS STREET: £220,000 (Sold on 05 Feb 2018)
Flat
- The average price is around £98,888 median price is £91,500 Standard Deviation is £58,393 with Total Sold: 109
- The Last 5 Year average price is £150,957 with Total Sold: 12
- The most recent sale happened at this postcode is FLAT 7, BROOKS HOUSE, 81 LEICESTER ROAD: £315,000 (Sold on 02 Oct 2023)
- The first recorded sale happened at this postcode is FLAT 19, VICTORIA COURT LEICESTER ROAD: £29,000 (Sold on 24 Feb 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£382,500		2
2023	£312,000	£2,657	5
2022	£276,458	£3,041	6
2021	£305,250	£2,964	8
2020	£260,333	£2,623	3
2019	£293,200	£2,689	5
2018	£275,417	£2,529	6
2017	£190,750	£2,245	4
2016	£264,000	£1,775	6
2015	£230,600	£1,799	5
2014	£242,857	£2,033	7
2013	£163,600	£1,864	5
2012	£179,643	£1,808	7
2011	£163,250	£1,582	4
2010	£174,625	£1,555	8
2009	£154,279	£1,358	7
2008	£158,667	£1,840	3
2007	£185,900	£1,735	15
2006	£167,247	£1,647	16
2005	£134,200	£1,551	10
2004	£202,494	£1,869	9
2003	£178,106	£1,278	9
2002	£131,894	£1,145	17
2001	£89,296	£994	23
2000	£101,328	£843	16
1999	£78,256	£891	31
1998	£83,117	£777	6
1997	£70,656	£650	16
1996	£67,900	£577	10
1995	£70,900	£524	15

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£252,500		2
2023	£212,000	£2,688	3
2022	£238,400	£2,801	5
2021	£207,786	£2,524	7
2020	£211,738	£2,707	4
2019	£191,917	£2,336	6
2018	£177,850	£2,249	6
2017	£163,375	£1,898	8
2016	£160,029	£1,957	10
2015	£157,650	£1,894	3
2014	£136,714	£1,770	7
2013	£137,708	£1,647	6
2012	£142,357	£1,730	7
2011	£138,086	£1,701	11
2010	£135,428	£1,656	5
2009	£122,812	£1,375	8
2008	£159,488	£2,591	4
2007	£151,573	£1,756	13
2006	£128,889	£1,886	9
2005	£124,890	£1,706	10
2004	£130,667	£1,789	9
2003	£110,900	£1,486	18
2002	£82,414	£1,089	16
2001	£91,733	£1,137	12
2000	£57,631	£832	8
1999	£66,865	£916	23
1998	£52,515	£628	13
1997	£40,496	£607	12
1996	£56,500	£653	3
1995	£37,054	£488	9

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£568,333	£3,333	3
2023	£759,778	£3,890	9
2022	£615,583	£3,970	6
2021	£653,700	£4,253	10
2020	£585,000	£3,313	11
2019	£615,244	£3,590	8
2018	£384,111	£2,954	9
2017	£531,800	£3,339	10
2016	£446,854	£2,426	12
2015	£444,643	£2,808	14
2014	£501,333	£2,758	18
2013	£370,885	£2,433	13
2012	£350,714	£2,229	7
2011	£418,532	£2,193	14
2010	£385,219	£2,578	16
2009	£310,917	£2,095	6
2008	£344,122	£2,151	9
2007	£342,175	£2,584	20
2006	£315,635	£2,038	20
2005	£326,100	£2,340	10
2004	£288,863	£1,790	20
2003	£294,875	£2,037	18
2002	£210,569	£1,556	28
2001	£210,476	£1,445	23
2000	£173,859	£1,322	28
1999	£122,176	£1,071	43
1998	£132,189	£1,033	63
1997	£217,162	£1,055	40
1996	£160,028	£621	16
1995	£187,750	£855	6

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£13,447,315		1
2020	£673,500		2
2019	£415,000	£1,746	4
2018	£236,167		3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£315,000	£3,214	1
2022	£134,583	£1,998	6
2021	£163,993	£2,412	2
2020	£120,333	£1,770	3
2019	£103,000	£1,515	1
2018	£104,800	£1,541	5
2017	£119,200	£1,736	5
2016	£152,707	£1,959	7
2015	£176,182	£2,406	11
2014	£87,750	£1,308	2
2013	£76,000	£1,163	4
2012	£86,000	£1,265	1
2011	£70,000	£1,034	1
2010	£64,000	£1,035	1
2009	£83,500	£1,228	1
2008	£94,375	£1,399	4
2007	£91,000	£1,485	4
2006	£100,833	£1,483	3
2005	£93,375	£1,450	4
2004	£94,539	£1,364	9
2003	£83,475	£1,165	2
2002	£63,319	£963	8
2001	£43,375	£638	4
2000	£72,000	£821	4
1999	£37,833	£575	3
1998	£35,240	£528	5
1997	£35,775	£528	4
1996	£22,000	£324	1
1995	£32,067	£472	3

House Type in LE2 2LT area

The most common house types in the LE2 2LT postcode area are Detached (115), Terraced (11), and Semi-detached (8).

Total	134
Detached	115
Terraced	11
Semi-detached	8
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (59), and Owned: Owns outright (52).

Owned: Owns with a mortgage or loan	59
Owned: Owns outright	52
Private rented: Private landlord or letting agency	23
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the LE2 2LT have 2 people in household (32), and 3 people in household (31).

2 people in household	32
3 people in household	31
4 people in household	31
1 person in household	17
5 people in household	12
6 people in household	5
7 people in household	3
8 or more people in household	2
0 people in household	0