Housing Market Analysis for MORPETH DRIVE, LE2 4TQ

Are you looking to understand LE2 4TQ 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 4TQ area, explore the LE2 4TQ Area information page.
For comprehensive crime statistics in the LE2 4TQ area, explore the LE2 4TQ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LE2 4TQ postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £294,750 median price is £294,750 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £294,750 with Total Sold: 1
    • The most recent sale happened at this postcode is 6 MORPETH DRIVE: £294,750 (Sold on 29 Jun 2022)
    • The first recorded sale happened at this postcode is 6 MORPETH DRIVE: £294,750 (Sold on 29 Jun 2022)
  • Detached
    • The average price is around £209,279 median price is £148,950 Standard Deviation is £141,162 with Total Sold: 7
    • The Last 5 Year average price is £490,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 16 MORPETH DRIVE: £490,000 (Sold on 21 Mar 2019)
    • The first recorded sale happened at this postcode is 12 MORPETH DRIVE: £82,000 (Sold on 04 Aug 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average LE2 4TQ 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£294,750 £3,684 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£490,000 £2,722 1
2018£315,000 £3,500 1
2017£245,000 £3,224 1
1999£130,9752
1998£71,0001
1995£82,0001

All the Sales in the MORPETH DRIVE, LE2 4TQ

See the table below for more details on the sold house prices in the LE2 4TQ, Oadby and Wigston postcode.

AddressSold DatePrice% Change
6 MORPETH DRIVESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1983-199029 Jun 2022£294,750First Sale
16 MORPETH DRIVEDetached, FreeholdArea: 180 Sq.mtrAge: 1996-200221 Mar 2019£490,000First Sale
2 MORPETH DRIVEDetached, FreeholdArea: 90 Sq.mtrAge: 1983-199030 Jan 2018£315,000First Sale
8 MORPETH DRIVEDetached, FreeholdArea: 76 Sq.mtrAge: 1991-199522 Feb 2017£245,000First Sale
12 MORPETH DRIVEDetached, Freehold26 Nov 1999£113,00037.80%
04 Aug 1995£82,000First Sale
22 MORPETH DRIVEDetached, Freehold26 Nov 1999£148,950First Sale
4 MORPETH DRIVEDetached, Freehold17 Apr 1998£71,000First Sale

Check out the sold house prices near the LE2 4TQ postcode. Properties currently for saleProperties currently for rent

MORPETH DRIVE, LE2 4TQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LE2 4TQ 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 4TQ postcode.

  • Detached
    • The average price is around £216,216 median price is £202,250 Standard Deviation is £116,355 with Total Sold: 1,576
    • The Last 5 Year average price is £379,042 with Total Sold: 259
    • The most recent sale happened at this postcode is , 4 ESKDALE CLOSE: £367,500 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 167 GLEN ROAD: £75,000 (Sold on 05 Jan 1995)
  • Semi-Detached
    • The average price is around £156,350 median price is £152,250 Standard Deviation is £83,550 with Total Sold: 590
    • The Last 5 Year average price is £271,357 with Total Sold: 110
    • The most recent sale happened at this postcode is , 13 LUDLOW CLOSE: £250,000 (Sold on 20 Aug 2024)
    • The first recorded sale happened at this postcode is , 3 GLEN WAY: £45,000 (Sold on 17 Feb 1995)
  • Terraced
    • The average price is around £129,454 median price is £129,225 Standard Deviation is £67,080 with Total Sold: 128
    • The Last 5 Year average price is £231,000 with Total Sold: 22
    • The most recent sale happened at this postcode is , 25 BURTON CLOSE: £223,500 (Sold on 02 May 2024)
    • The first recorded sale happened at this postcode is , 5 ATHERSTONE CLOSE: £48,500 (Sold on 13 Apr 1995)
  • Other
    • The average price is around £1,926,983 median price is £765,950 Standard Deviation is £2,247,382 with Total Sold: 6
    • The Last 5 Year average price is £527,975 with Total Sold: 4
    • The most recent sale happened at this postcode is , 31 GLEN WAY: £390,000 (Sold on 05 Dec 2023)
    • The first recorded sale happened at this postcode is , THE OADBY OWL, 7 GLEN ROAD: £2,949,999 (Sold on 24 May 2016)
  • Flat
    • The average price is around £87,440 median price is £97,000 Standard Deviation is £52,351 with Total Sold: 5
    • The most recent sale happened at this postcode is , 15 BURTON CLOSE: £160,000 (Sold on 03 Dec 2007)
    • The first recorded sale happened at this postcode is , 7 MALHAM WAY: £11,250 (Sold on 07 Aug 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£447,792 £4,979 12
2023£406,394 £3,647 34
2022£419,795 £3,832 30
2021£386,678 £3,459 58
2020£368,390 £3,327 62
2019£335,231 £3,074 63
2018£349,013 £2,945 26
2017£324,176 £2,927 37
2016£308,400 £2,580 45
2015£292,803 £2,612 50
2014£271,720 £2,217 39
2013£263,536 £2,256 40
2012£272,498 £2,126 20
2011£241,164 £2,196 21
2010£249,217 £2,152 31
2009£229,095 £1,945 29
2008£232,069 £2,045 28
2007£243,799 £2,376 43
2006£238,933 £2,090 49
2005£245,686 £2,102 53
2004£222,342 £2,109 60
2003£213,712 £1,808 48
2002£176,195 £1,553 74
2001£149,929 £1,273 72
2000£131,965 £1,156 76
1999£115,949 £966 93
1998£105,118 £982 65
1997£97,458 £832 72
1996£92,683 £770 126
1995£95,773 £768 120
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£240,143 £3,791 7
2023£299,406 £3,211 16
2022£287,867 £3,607 11
2021£284,759 £2,970 23
2020£265,115 £3,186 26
2019£250,694 £3,007 27
2018£250,733 £3,002 15
2017£192,333 £2,616 18
2016£198,119 £2,467 21
2015£186,454 £2,331 12
2014£169,532 £2,259 14
2013£168,250 £2,193 16
2012£150,359 £2,014 11
2011£172,397 £2,060 15
2010£170,000 £1,995 12
2009£172,278 £2,113 9
2008£170,677 £2,147 11
2007£169,956 £2,072 27
2006£178,081 £2,013 24
2005£165,467 £2,028 29
2004£151,805 £1,533 21
2003£146,695 £1,713 21
2002£98,376 £1,186 26
2001£82,957 £984 29
2000£73,202 £904 21
1999£72,716 £904 18
1998£60,522 £769 23
1997£58,254 £608 30
1996£54,382 £670 29
1995£55,244 £606 28
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£223,5001
2023£236,000 £4,325 2
2022£277,600 £3,384 5
2021£228,250 £3,253 4
2020£220,000 £3,093 5
2019£197,100 £2,283 5
2018£166,500 £2,833 2
2017£160,000 £2,759 1
2016£153,417 £2,411 3
2015£165,875 £2,276 4
2014£158,902 £2,184 5
2013£140,112 £2,067 4
2012£159,000 £1,506 2
2011£139,786 £1,968 7
2009£158,375 £2,032 4
2008£146,500 £2,015 2
2007£132,600 £1,540 5
2006£139,833 £2,193 6
2005£175,833 £2,167 3
2004£128,983 £1,761 3
2003£123,167 £1,800 3
2002£84,771 £1,324 7
2001£85,322 £1,060 9
2000£75,417 £876 6
1999£68,993 £847 7
1998£56,700 £817 5
1997£48,771 £650 7
1996£55,125 £642 6
1995£51,000 £767 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£390,0001
2022£230,000 £3,108 1
2019£745,950 £9,959 2
2018£6,500,000 £77,381 1
2016£2,949,9991
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£160,000 £2,286 1
2006£120,000 £1,519 1
2003£97,000 £1,127 1
2000£48,950 £569 1
1995£11,250 £131 1

House Type in LE2 4TQ area

The most common house types in the LE2 4TQ postcode area are Detached (119), Semi-detached (2), and Terraced (0).

Total121
Detached119
Semi-detached2
Terraced0
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (60), and Owned: Owns with a mortgage or loan (43).

Owned: Owns outright60
Owned: Owns with a mortgage or loan43
Private rented: Private landlord or letting agency16
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the LE2 4TQ have 2 people in household (41), and 4 people in household (29).

2 people in household41
4 people in household29
3 people in household27
1 person in household15
5 people in household9
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0