Housing Market Analysis for RICHMOND WAY, LE2 5TR

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £155,012 median price is £128,500 Standard Deviation is £83,920 with Total Sold: 12
    • The Last 5 Year average price is £305,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 RICHMOND WAY: £310,000 (Sold on 30 Nov 2021)
    • The first recorded sale happened at this postcode is 9 RICHMOND WAY: £70,000 (Sold on 28 Mar 1995)
  • Semi-Detached
    • The average price is around £169,714 median price is £188,000 Standard Deviation is £67,084 with Total Sold: 7
    • The Last 5 Year average price is £260,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 16 RICHMOND WAY: £260,000 (Sold on 03 Jul 2019)
    • The first recorded sale happened at this postcode is 18 RICHMOND WAY: £53,000 (Sold on 29 Jan 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average LE2 5TR 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£310,000 £3,974 1
2019£300,000 £3,555 1
2011£198,000 £2,616 1
2010£165,000 £2,180 1
2006£200,0001
2004£200,0001
2000£90,750 £1,102 2
1998£61,7001
1997£84,000 £1,077 1
1996£89,9501
1995£70,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£260,000 £2,796 1
2007£212,0001
2006£187,6673
2001£100,000 £1,075 1
1996£53,0001

All the Sales in the RICHMOND WAY, LE2 5TR

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

AddressSold DatePrice% Change
1 RICHMOND WAYDetached, FreeholdArea: 78 Sq.mtrAge: 1950-196630 Nov 2021£310,000269.05%
27 Feb 1997£84,000First Sale
16 RICHMOND WAYSemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1950-196603 Jul 2019£260,000160.00%
07 Dec 2001£100,000First Sale
11 RICHMOND WAYDetached, FreeholdArea: 84.4 Sq.mtrAge: 1967-197530 Jan 2019£300,000First Sale
19 RICHMOND WAYDetached, FreeholdArea: 75.7 Sq.mtrAge: 1967-197526 Aug 2011£198,00020.00%
30 Apr 2010£165,000First Sale
4 RICHMOND WAYSemi-Detached, Freehold25 Jan 2007£212,000First Sale
21 RICHMOND WAYSemi-Detached, Freehold01 Dec 2006£220,000First Sale
13 RICHMOND WAYSemi-Detached, Freehold31 Oct 2006£155,000First Sale
15 RICHMOND WAYSemi-Detached, Freehold09 Jun 2006£188,000First Sale
6 RICHMOND WAYDetached, Freehold17 Mar 2006£200,000117.39%
29 Feb 2000£92,000First Sale
22 RICHMOND WAYDetached, Freehold12 Jan 2004£200,000First Sale
8 RICHMOND WAYDetached, FreeholdArea: 81.2 Sq.mtrAge: 1976-198208 Dec 2000£89,500First Sale
7 RICHMOND WAYDetached, Freehold17 Dec 1998£61,700First Sale
25 RICHMOND WAYDetached, Freehold26 Jul 1996£89,950First Sale
18 RICHMOND WAYSemi-Detached, Freehold29 Jan 1996£53,000First Sale
9 RICHMOND WAYDetached, Freehold28 Mar 1995£70,000First Sale

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

RICHMOND WAY, LE2 5TR Near By properties

Interactive Map

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

  • Detached
    • The average price is around £228,448 median price is £220,000 Standard Deviation is £113,451 with Total Sold: 755
    • The Last 5 Year average price is £366,722 with Total Sold: 193
    • 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 , 167 GLEN ROAD: £75,000 (Sold on 05 Jan 1995)
  • Semi-Detached
    • The average price is around £164,259 median price is £160,000 Standard Deviation is £86,157 with Total Sold: 642
    • The Last 5 Year average price is £282,475 with Total Sold: 130
    • The most recent sale happened at this postcode is , 7 KENSINGTON CLOSE: £190,000 (Sold on 08 Aug 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 £178,302 median price is £168,750 Standard Deviation is £91,035 with Total Sold: 32
    • The Last 5 Year average price is £270,182 with Total Sold: 11
    • 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 £2,266,380 median price is £1,141,899 Standard Deviation is £2,317,268 with Total Sold: 5
    • The Last 5 Year average price is £627,300 with Total Sold: 3
    • 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)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£357,667 £3,008 6
2023£400,677 £3,644 23
2022£384,306 £3,692 17
2021£365,353 £3,391 52
2020£372,965 £3,319 57
2019£332,245 £3,131 38
2018£304,412 £2,983 13
2017£309,320 £3,019 25
2016£275,758 £2,536 25
2015£265,498 £2,529 24
2014£248,333 £2,032 15
2013£237,000 £2,341 12
2012£264,844 £2,197 8
2011£222,761 £2,150 19
2010£211,876 £2,141 17
2009£210,274 £1,878 19
2008£215,309 £1,966 17
2007£230,690 £2,176 25
2006£211,542 £2,133 24
2005£211,013 £2,141 15
2004£221,759 £1,986 23
2003£195,737 £1,540 23
2002£153,122 £1,410 29
2001£131,821 £1,266 32
2000£119,348 £1,040 34
1999£112,433 £939 61
1998£106,014 £1,066 40
1997£88,477 £807 26
1996£79,260 £855 21
1995£78,330 £786 15
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£233,2508
2023£315,440 £3,420 20
2022£316,330 £3,609 13
2021£303,722 £3,039 25
2020£268,826 £3,228 38
2019£254,856 £3,019 26
2018£274,433 £2,846 15
2017£215,265 £2,482 17
2016£204,475 £2,452 20
2015£190,950 £2,025 15
2014£182,392 £2,175 19
2013£164,909 £1,922 11
2012£172,139 £1,915 14
2011£177,077 £1,990 15
2010£181,300 £1,793 10
2009£160,500 £1,911 16
2008£169,608 £2,124 14
2007£175,237 £1,824 27
2006£177,521 £2,091 31
2005£169,310 £1,904 21
2004£164,664 £1,709 24
2003£136,666 £1,617 25
2002£105,029 £1,082 24
2001£95,237 £968 23
2000£81,144 £874 24
1999£74,258 £820 29
1998£66,718 £723 25
1997£60,221 £598 29
1996£53,067 £656 33
1995£56,956 £551 31
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£480,0001
2023£301,000 £3,986 2
2022£300,000 £3,846 1
2021£249,500 £3,271 4
2020£173,000 £2,544 1
2019£209,500 £2,897 2
2016£203,000 £2,506 1
2015£170,000 £2,048 1
2014£175,000 £2,117 2
2013£123,000 £2,365 1
2012£197,750 £2,157 2
2011£112,500 £2,645 1
2009£115,000 £2,091 1
2008£120,000 £1,558 1
2006£141,500 £2,356 3
2005£159,500 £1,922 1
2000£129,9501
1999£70,317 £747 3
1998£68,0001
1996£75,875 £618 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£390,0001
2019£745,950 £9,959 2
2018£6,500,000 £77,381 1
2016£2,949,9991

House Type in LE2 5TR area

The most common house types in the LE2 5TR postcode area are Semi-detached (89), Detached (38), and Terraced (0).

Total127
Semi-detached89
Detached38
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 (76), and Owned: Owns with a mortgage or loan (35).

Owned: Owns outright76
Owned: Owns with a mortgage or loan35
Private rented: Private landlord or letting agency14
Private rented: Other private rented4
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the LE2 5TR have 2 people in household (45), and 1 person in household (25).

2 people in household45
1 person in household25
4 people in household21
3 people in household18
5 people in household12
6 people in household4
7 people in household3
8 or more people in household1
0 people in household0