Housing Market Analysis for WELFORD ROAD, LE2 7AE

Are you looking to understand LE2 7AE 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 Leicester postcode.

For the location information and nearby amenities in the LE2 7AE area, explore the LE2 7AE Area information page.
For comprehensive crime statistics in the LE2 7AE area, explore the LE2 7AE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LE2 7AE postcode area, The average prices are as follows,

  • Other
    • The average price is around £7,499,632 median price is £7,138,896 Standard Deviation is £996,660 with Total Sold: 3
    • The Last 5 Year average price is £7,138,896 with Total Sold: 1
    • The most recent sale happened at this postcode is 39 - 41 WELFORD ROAD: £7,138,896 (Sold on 01 Feb 2022)
    • The first recorded sale happened at this postcode is GAVIN HOUSE, 57 WELFORD ROAD: £6,500,000 (Sold on 08 Feb 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average LE2 7AE 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£7,138,8961
2016£7,680,0002

All the Sales in the WELFORD ROAD, LE2 7AE

See the table below for more details on the sold house prices in the LE2 7AE, Leicester postcode.

AddressSold DatePrice% Change
39 - 41 WELFORD ROADOther, Freehold01 Feb 2022£7,138,896-19.43%
06 Oct 2016£8,860,000First Sale
GAVIN HOUSE, 57 WELFORD ROADOther, Freehold08 Feb 2016£6,500,000First Sale

Check out the sold house prices near the LE2 7AE postcode. Properties currently for saleProperties currently for rent

WELFORD ROAD, LE2 7AE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LE2 7AE 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 7AE postcode.

  • Terraced
    • The average price is around £135,094 median price is £118,500 Standard Deviation is £91,040 with Total Sold: 487
    • The Last 5 Year average price is £249,946 with Total Sold: 46
    • The most recent sale happened at this postcode is , 11 TOWER STREET: £235,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 114 CLARENDON STREET: £30,000 (Sold on 17 Feb 1995)
  • Flat
    • The average price is around £125,915 median price is £119,950 Standard Deviation is £56,941 with Total Sold: 1,609
    • The Last 5 Year average price is £133,091 with Total Sold: 258
    • The most recent sale happened at this postcode is FLAT 101, YORK PLACE, 2 - 12 YORK STREET: £67,500 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is FLAT 5, ST JOHNS CHAMBERS, 2 ASHWELL STREET: £33,000 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £1,081,886 median price is £255,000 Standard Deviation is £2,780,462 with Total Sold: 436
    • The Last 5 Year average price is £1,595,277 with Total Sold: 139
    • The most recent sale happened at this postcode is FLAT 4, ROYAL HOUSE, 40 MARKET PLACE SOUTH: £825,000 (Sold on 06 Aug 2024)
    • The first recorded sale happened at this postcode is , 2 ST MARTINS: £2,400,000 (Sold on 01 Aug 2012)
  • Semi-Detached
    • The average price is around £152,013 median price is £134,000 Standard Deviation is £92,613 with Total Sold: 81
    • The Last 5 Year average price is £233,611 with Total Sold: 9
    • The most recent sale happened at this postcode is , 15 RAWSON STREET: £263,000 (Sold on 03 Nov 2022)
    • The first recorded sale happened at this postcode is , 6A NORTHAMPTON STREET: £18,000 (Sold on 02 May 1995)
  • Detached
    • The average price is around £228,883 median price is £170,000 Standard Deviation is £226,155 with Total Sold: 37
    • The most recent sale happened at this postcode is , CLARENDON MEWS CARE HOME GRASMERE STREET: £830,208 (Sold on 01 Aug 2016)
    • The first recorded sale happened at this postcode is , 22 DEACON STREET: £59,500 (Sold on 30 Jun 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£229,0004
2023£313,333 £2,513 6
2022£256,273 £2,429 11
2021£251,433 £2,076 15
2020£217,562 £1,868 8
2019£185,250 £1,990 2
2018£191,328 £2,281 10
2017£202,400 £1,944 15
2016£206,925 £2,206 14
2015£183,344 £1,615 16
2014£175,469 £1,907 9
2013£133,714 £1,389 7
2012£147,818 £1,299 14
2011£131,844 £1,304 8
2010£137,960 £1,326 10
2009£148,111 £1,230 9
2008£214,500 £1,663 10
2007£176,282 £1,617 34
2006£146,237 £1,652 29
2005£151,267 £1,770 15
2004£139,994 £1,462 34
2003£113,664 £1,678 25
2002£123,400 £1,165 22
2001£75,017 £803 39
2000£86,212 £824 33
1999£49,098 £534 23
1998£61,308 £541 13
1997£51,744 £612 18
1996£43,047 £400 16
1995£48,889 £483 18
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£115,45812
2023£152,561 £2,234 35
2022£151,264 £2,312 37
2021£131,594 £2,491 42
2020£117,680 £3,292 81
2019£136,405 £2,511 51
2018£151,463 £2,508 204
2017£116,369 £2,084 65
2016£102,173 £1,769 99
2015£102,604 £1,632 106
2014£110,381 £1,662 37
2013£123,444 £1,672 23
2012£102,357 £1,493 21
2011£111,145 £1,652 19
2010£94,588 £1,790 25
2009£84,296 £2,179 30
2008£120,226 £2,318 43
2007£133,391 £2,452 87
2006£138,683 £2,397 107
2005£137,375 £2,348 72
2004£143,289 £2,084 99
2003£130,576 £2,020 122
2002£129,494 £1,684 98
2001£117,113 £1,355 30
2000£98,557 £1,198 27
1999£83,894 £951 22
1998£20,006 £515 4
1997£31,167 £605 3
1996£25,225 £566 4
1995£30,488 £660 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£604,09511
2023£3,666,386 £419,672 21
2022£1,487,332 £98,135 20
2021£925,97424
2020£1,995,304 £28,423 26
2019£925,848 £6,069 37
2018£1,753,456 £45,437 35
2017£1,341,441 £61,459 39
2016£594,817 £94,044 188
2015£685,264 £4,940 25
2014£636,833 £1,275 6
2013£364,5003
2012£2,400,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£231,500 £2,689 2
2021£256,250 £2,196 2
2020£261,667 £2,797 3
2019£171,000 £2,407 2
2018£151,000 £1,699 1
2017£245,000 £1,537 2
2016£320,000 £1,859 2
2015£206,500 £2,117 2
2012£150,750 £714 2
2011£175,000 £1,287 1
2009£197,000 £1,384 5
2008£201,000 £2,249 3
2007£104,333 £1,691 3
2006£211,598 £1,524 3
2005£252,333 £1,450 3
2004£152,500 £1,655 6
2003£177,743 £1,227 7
2002£171,475 £1,223 2
2001£79,851 £983 16
2000£63,000 £2,000 2
1999£70,2504
1997£137,7482
1996£53,400 £438 5
1995£18,000 £600 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£830,2081
2010£325,0001
2008£689,0001
2007£272,5002
2005£147,125 £1,926 3
2004£446,500 £6,511 4
2003£208,0005
2002£245,5002
2001£203,830 £690 5
2000£143,0001
1999£120,000 £860 3
1998£81,500 £858 1
1997£65,738 £325 4
1996£220,0001
1995£78,1673

House Type in LE2 7AE area

The most common house types in the LE2 7AE postcode area are Flat (285), converted building (41), and commercial building (12).

Total345
Flat285
converted building41
commercial building12
Shared house3
Semi-detached2
Terraced2
Detached0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (263), and Social rented: Other social rented (46).

Private rented: Private landlord or letting agency263
Social rented: Other social rented46
Owned: Owns with a mortgage or loan12
Owned: Owns outright11
Private rented: Other private rented9
Social rented: Rents from council or Local Authority3
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the LE2 7AE have 2 people in household (125), and 1 person in household (124).

2 people in household125
1 person in household124
8 or more people in household40
3 people in household29
4 people in household21
6 people in household4
5 people in household2
7 people in household1
0 people in household0