Housing Market Analysis for RIDGE WAY, LE2 5TN

Are you looking to understand LE2 5TN 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 5TN area, explore the LE2 5TN Area information page.
For comprehensive crime statistics in the LE2 5TN area, explore the LE2 5TN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LE2 5TN postcode area, The average prices are as follows,

  • Detached
    • The average price is around £239,929 median price is £225,000 Standard Deviation is £99,716 with Total Sold: 14
    • The Last 5 Year average price is £353,600 with Total Sold: 5
    • The most recent sale happened at this postcode is 4 RIDGE WAY: £428,000 (Sold on 25 Jun 2021)
    • The first recorded sale happened at this postcode is 16 RIDGE WAY: £98,500 (Sold on 03 Oct 1997)
  • Semi-Detached
    • The average price is around £173,500 median price is £188,000 Standard Deviation is £65,111 with Total Sold: 3
    • The most recent sale happened at this postcode is 28 RIDGE WAY: £188,000 (Sold on 13 Feb 2007)
    • The first recorded sale happened at this postcode is 6 RIDGE WAY: £87,500 (Sold on 25 Jul 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average LE2 5TN 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£394,000 £2,606 2
2020£365,000 £2,370 1
2019£307,500 £3,022 2
2015£245,000 £2,426 1
2010£197,000 £1,900 1
2009£225,000 £1,846 2
2004£220,0001
2002£154,000 £1,000 1
1999£116,500 £782 1
1998£110,0001
1997£98,5001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£188,0001
2006£245,0001
1995£87,5001

All the Sales in the RIDGE WAY, LE2 5TN

See the table below for more details on the sold house prices in the LE2 5TN, Oadby and Wigston postcode.

AddressSold DatePrice% Change
4 RIDGE WAYDetached, FreeholdArea: 154 Sq.mtrAge: 1950-196625 Jun 2021£428,00017.26%
13 Nov 2020£365,000137.01%
09 Sep 2002£154,000First Sale
2 RIDGE WAYDetached, FreeholdArea: 148 Sq.mtrAge: 1976-198212 Jan 2021£360,000First Sale
8 RIDGE WAYDetached, FreeholdArea: 126 Sq.mtrAge: 1967-197506 Sep 2019£342,000First Sale
10 RIDGE WAYDetached, FreeholdArea: 82 Sq.mtrAge: 1950-196628 Mar 2019£273,000First Sale
20 RIDGE WAYDetached, FreeholdArea: 101 Sq.mtrAge: 1950-196606 Nov 2015£245,000First Sale
12 RIDGE WAYDetached, FreeholdArea: 103.7 Sq.mtrAge: 1950-196630 Nov 2010£197,000First Sale
18 RIDGE WAYDetached, FreeholdArea: 149 Sq.mtrAge: 1950-196623 Oct 2009£230,00097.42%
08 Jun 1999£116,500First Sale
14 RIDGE WAYDetached, FreeholdArea: 102.37 Sq.mtrAge: 1967-197519 Aug 2009£220,000First Sale
28 RIDGE WAYSemi-Detached, Freehold13 Feb 2007£188,000First Sale
6 RIDGE WAYSemi-Detached, Freehold04 Jan 2006£245,000180.00%
25 Jul 1995£87,500First Sale
30 RIDGE WAYDetached, Freehold10 Jun 2004£220,000First Sale
16 RIDGE WAYDetached, Freehold12 Oct 1998£110,00011.68%
03 Oct 1997£98,500First Sale

Check out the sold house prices near the LE2 5TN postcode. Properties currently for saleProperties currently for rent

RIDGE WAY, LE2 5TN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LE2 5TN 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 5TN postcode.

  • Detached
    • The average price is around £218,406 median price is £216,625 Standard Deviation is £103,466 with Total Sold: 642
    • The Last 5 Year average price is £347,877 with Total Sold: 135
    • The most recent sale happened at this postcode is , 1 LOWCROFT DRIVE: £201,000 (Sold on 29 Aug 2024)
    • The first recorded sale happened at this postcode is , 14 BADGERS HOLT: £115,500 (Sold on 07 Feb 1995)
  • Semi-Detached
    • The average price is around £159,702 median price is £160,000 Standard Deviation is £79,616 with Total Sold: 801
    • The Last 5 Year average price is £280,675 with Total Sold: 129
    • The most recent sale happened at this postcode is , 29 HIGHCROFT AVENUE: £280,000 (Sold on 26 Jun 2024)
    • The first recorded sale happened at this postcode is , 30 WICKHAM ROAD: £64,500 (Sold on 12 Jan 1995)
  • Terraced
    • The average price is around £180,730 median price is £187,000 Standard Deviation is £94,543 with Total Sold: 35
    • The Last 5 Year average price is £299,000 with Total Sold: 9
    • The most recent sale happened at this postcode is , 8 COOMBE RISE: £480,000 (Sold on 20 Feb 2024)
    • The first recorded sale happened at this postcode is , 36 PARK CRESCENT: £61,750 (Sold on 31 May 1996)
  • Other
    • The average price is around £1,011,500 median price is £373,000 Standard Deviation is £1,119,297 with Total Sold: 4
    • The Last 5 Year average price is £365,333 with Total Sold: 3
    • The most recent sale happened at this postcode is , 24 TILTON DRIVE: £356,000 (Sold on 05 Jan 2024)
    • 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 £54,108 median price is £52,000 Standard Deviation is £21,122 with Total Sold: 13
    • The Last 5 Year average price is £67,500 with Total Sold: 1
    • The most recent sale happened at this postcode is , 107 BRIARMEADS: £67,500 (Sold on 30 Sep 2022)
    • The first recorded sale happened at this postcode is , 58A ROSEMEAD DRIVE: £36,950 (Sold on 27 Mar 1998)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£326,222 £2,686 9
2023£383,651 £3,404 23
2022£374,398 £3,698 22
2021£334,429 £3,332 31
2020£348,330 £2,941 25
2019£315,644 £2,934 25
2018£300,334 £2,859 19
2017£297,455 £2,928 22
2016£273,560 £2,568 24
2015£279,379 £2,430 17
2014£250,221 £2,191 14
2013£213,192 £2,003 13
2012£263,570 £2,140 10
2011£224,053 £2,024 18
2010£201,928 £1,943 18
2009£191,800 £1,804 23
2008£207,422 £1,810 16
2007£217,308 £1,962 25
2006£220,748 £1,936 20
2005£218,889 £1,974 23
2004£219,564 £1,763 22
2003£200,871 £1,750 24
2002£145,760 £1,332 30
2001£123,810 £1,256 35
2000£101,010 £1,045 20
1999£102,548 £869 26
1998£94,291 £903 23
1997£92,224 £820 25
1996£72,973 £815 22
1995£76,340 £746 18
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£279,70010
2023£314,175 £3,218 20
2022£309,544 £3,499 18
2021£288,062 £3,176 33
2020£252,892 £3,076 33
2019£246,883 £2,793 15
2018£249,816 £2,750 19
2017£231,477 £2,468 22
2016£209,460 £2,415 25
2015£187,226 £2,061 19
2014£182,365 £2,058 30
2013£169,033 £1,878 15
2012£170,947 £1,874 19
2011£173,944 £1,973 15
2010£173,937 £1,822 16
2009£155,319 £1,710 18
2008£169,188 £2,058 16
2007£176,706 £1,986 41
2006£177,119 £1,957 47
2005£170,031 £1,877 31
2004£159,936 £1,797 32
2003£139,907 £1,607 35
2002£110,429 £1,146 28
2001£97,402 £1,021 40
2000£78,792 £882 32
1999£70,135 £782 43
1998£64,453 £726 30
1997£59,766 £635 34
1996£52,673 £635 35
1995£58,072 £603 30
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£480,0001
2023£301,000 £3,986 2
2022£300,000 £3,846 1
2021£271,000 £3,176 3
2019£248,000 £3,124 2
2016£200,000 £2,184 3
2015£186,250 £2,090 2
2014£225,000 £2,184 1
2013£266,500 £2,379 1
2012£197,750 £2,157 2
2009£130,000 £1,966 2
2007£235,000 £1,741 1
2005£159,500 £1,922 1
2004£70,000 £1,373 1
2003£122,5001
2002£95,000 £1,275 2
2001£103,000 £1,084 1
2000£129,9501
1999£70,317 £747 3
1998£71,200 £1,127 2
1996£75,875 £618 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£356,000 £4,092 1
2023£390,0001
2019£350,000 £3,125 1
2016£2,949,9991
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£67,500 £2,045 1
2010£70,000 £2,121 1
2007£89,000 £2,472 1
2004£57,500 £1,650 1
2003£68,983 £1,334 3
2002£44,500 £902 2
2001£32,500 £903 1
2000£29,000 £832 1
1998£30,975 £717 2

House Type in LE2 5TN area

The most common house types in the LE2 5TN postcode area are Detached (78), Semi-detached (34), and Terraced (1).

Total113
Detached78
Semi-detached34
Terraced1
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 (71), and Owned: Owns with a mortgage or loan (32).

Owned: Owns outright71
Owned: Owns with a mortgage or loan32
Private rented: Private landlord or letting agency8
Private rented: Other private rented2
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 5TN have 1 person in household (31), and 2 people in household (28).

1 person in household31
2 people in household28
3 people in household22
4 people in household21
5 people in household11
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0