Housing Market Analysis for VERNON ROAD, LE2 8GG

Are you looking to understand LE2 8GG 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 8GG area, explore the LE2 8GG Area information page.
For comprehensive crime statistics in the LE2 8GG area, explore the LE2 8GG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LE2 8GG postcode area, The average prices are as follows,

Terraced
- The average price is around £86,918 median price is £84,125 Standard Deviation is £50,396 with Total Sold: 46
- The Last 5 Year average price is £164,214 with Total Sold: 7
- The most recent sale happened at this postcode is 215 VERNON ROAD: £270,000 (Sold on 27 Feb 2023)
- The first recorded sale happened at this postcode is 191 VERNON ROAD: £8,000 (Sold on 30 Mar 1995)
Semi-Detached
- The average price is around £92,790 median price is £112,000 Standard Deviation is £33,924 with Total Sold: 5
- The most recent sale happened at this postcode is 195 VERNON ROAD: £118,000 (Sold on 15 Sep 2011)
- The first recorded sale happened at this postcode is 183 VERNON ROAD: £39,950 (Sold on 29 Nov 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average LE2 8GG 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£270,000	£3,333	1
2022	£162,500	£2,945	1
2021	£137,000	£2,264	2
2020	£139,000	£1,986	1
2019	£152,000	£2,084	2
2017	£142,333	£2,002	3
2016	£116,000	£1,706	1
2015	£104,500	£1,537	2
2014	£90,000	£1,631	1
2011	£84,250	£1,296	1
2007	£100,888	£1,400	4
2006	£96,667	£1,442	3
2004	£109,317	£1,577	3
2003	£66,950	£1,030	1
2002	£67,500	£919	2
2001	£45,032	£600	4
2000	£43,850	£678	7
1999	£35,000	£538	1
1998	£33,733	£437	3
1997	£33,875	£462	2
1995	£8,000	£121	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2011	£123,000	£1,290	2
2003	£112,000	£1,019	1
2001	£66,000	£600	1
1996	£39,950		1

All the Sales in the VERNON ROAD, LE2 8GG

See the table below for more details on the sold house prices in the LE2 8GG, Leicester postcode.

Address	Sold Date	Price	% Change
215 VERNON ROADTerraced, FreeholdArea: 81 Sq.mtrAge: 1930-1949	27 Feb 2023	£270,000	63.64%
	04 Aug 2017	£165,000	First Sale
171 VERNON ROADTerraced, FreeholdArea: 55.18 Sq.mtrAge: 1900-1929	04 Feb 2022	£162,500	80.56%
	30 May 2014	£90,000	-14.29%
	24 Aug 2007	£105,000	54.41%
	12 Jul 2002	£68,000	76.62%
	18 Feb 2000	£38,500	14.93%
	20 Oct 1997	£33,500	First Sale
165 VERNON ROADTerraced, FreeholdArea: 57 Sq.mtrAge: 1900-1929	27 Aug 2021	£125,000	32.91%
	19 Feb 2007	£94,050	17.56%
	17 Aug 2006	£80,000	105.39%
	28 Apr 2000	£38,950	First Sale
169 VERNON ROADTerraced, FreeholdArea: 63.82 Sq.mtrAge: 1900-1929	06 Apr 2021	£149,000	49.00%
	23 Feb 2007	£100,000	-9.05%
	27 Sep 2004	£109,950	64.10%
	19 Jul 2002	£67,000	95.62%
	31 Jan 1997	£34,250	First Sale
211 VERNON ROADTerraced, FreeholdArea: 70 Sq.mtrAge: 1900-1929	10 Jan 2020	£139,000	First Sale
179 VERNON ROADTerraced, FreeholdArea: 72 Sq.mtrAge: before 1900	15 Aug 2019	£157,000	256.82%
	12 May 2000	£44,000	First Sale
187 VERNON ROADTerraced, FreeholdArea: 74 Sq.mtrAge: 1930-1949	29 Mar 2019	£147,000	First Sale
173 VERNON ROADTerraced, FreeholdArea: 65 Sq.mtrAge: 1900-1929	18 Oct 2017	£125,000	16.82%
	20 Jan 2006	£107,000	59.82%
	25 Jun 2003	£66,950	First Sale
213 VERNON ROADTerraced, FreeholdArea: 67 Sq.mtrAge: 1900-1929	13 Oct 2017	£137,000	33.01%
	07 Jul 2006	£103,000	First Sale
175 VERNON ROADTerraced, FreeholdArea: 68 Sq.mtrAge: 1900-1929	07 Mar 2016	£116,000	38.10%
	25 Feb 2015	£84,000	115.38%
	19 May 2000	£39,000	12.23%
	12 Jun 1998	£34,750	First Sale
209 VERNON ROADTerraced, FreeholdArea: 68 Sq.mtrAge: 1930-1949	21 Oct 2015	£125,000	237.84%
	11 Aug 2000	£37,000	-19.57%
	08 Aug 2000	£46,000	First Sale
195 VERNON ROADSemi-Detached, FreeholdArea: 83.4 Sq.mtrAge: 1950-1966	15 Sep 2011	£118,000	First Sale
177 VERNON ROADTerraced, FreeholdArea: 65 Sq.mtrAge: 1900-1929	27 Jun 2011	£84,250	112.32%
	31 Jan 2001	£39,680	13.37%
	19 Oct 1999	£35,000	First Sale
201 VERNON ROADSemi-Detached, FreeholdArea: 109.92 Sq.mtrAge: 1967-1975	04 Mar 2011	£128,000	14.29%
	04 Nov 2003	£112,000	69.70%
	24 Oct 2001	£66,000	First Sale
181 VERNON ROADTerraced, FreeholdArea: 71 Sq.mtrAge: 1900-1929	22 Jun 2007	£104,500	111.32%
	19 Oct 2001	£49,450	First Sale
191 VERNON ROADTerraced, FreeholdArea: 66.3 Sq.mtrAge: 2003-2006	14 Dec 2004	£128,000	101.57%
	24 Nov 2000	£63,500	693.75%
	30 Mar 1995	£8,000	First Sale
167 VERNON ROADTerraced, FreeholdArea: 83.2 Sq.mtrAge: before 1900	23 Aug 2004	£90,000	80.00%
	31 Oct 2001	£50,000	21.95%
	30 Oct 2001	£41,000	2.63%
	13 Mar 1998	£39,950	50.75%
	23 Feb 1998	£26,500	First Sale
183 VERNON ROADSemi-Detached, Freehold	29 Nov 1996	£39,950	First Sale

Check out the sold house prices near the LE2 8GG postcode. Properties currently for saleProperties currently for rent

VERNON ROAD, LE2 8GG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LE2 8GG 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 8GG postcode.

Semi-Detached
- The average price is around £118,470 median price is £117,500 Standard Deviation is £64,905 with Total Sold: 793
- The Last 5 Year average price is £198,513 with Total Sold: 146
- The most recent sale happened at this postcode is , 53 DUNCAN ROAD: £249,950 (Sold on 23 Sep 2024)
- The first recorded sale happened at this postcode is , 29 PARK HILL AVENUE: £33,000 (Sold on 28 Feb 1995)
Terraced
- The average price is around £96,405 median price is £97,800 Standard Deviation is £51,609 with Total Sold: 2,394
- The Last 5 Year average price is £174,289 with Total Sold: 354
- The most recent sale happened at this postcode is , 68 VERNON ROAD: £190,000 (Sold on 27 Aug 2024)
- The first recorded sale happened at this postcode is , 47 HAWKESBURY ROAD: £30,000 (Sold on 06 Jan 1995)
Flat
- The average price is around £93,504 median price is £92,500 Standard Deviation is £36,563 with Total Sold: 129
- The Last 5 Year average price is £109,367 with Total Sold: 35
- The most recent sale happened at this postcode is FLAT 11, HADDEN-COSTELLO HOUSE, 122 LANSDOWNE ROAD: £115,000 (Sold on 05 Aug 2024)
- The first recorded sale happened at this postcode is FLAT 21, PARK HILL COURT, 17 PARK HILL DRIVE: £24,000 (Sold on 10 Apr 1996)
Detached
- The average price is around £166,315 median price is £147,000 Standard Deviation is £91,960 with Total Sold: 125
- The Last 5 Year average price is £265,260 with Total Sold: 21
- The most recent sale happened at this postcode is , 15 BELMONT STREET: £210,000 (Sold on 03 May 2024)
- The first recorded sale happened at this postcode is , 501A SAFFRON LANE: £33,000 (Sold on 03 Feb 1995)
Other
- The average price is around £288,118 median price is £210,000 Standard Deviation is £295,576 with Total Sold: 55
- The Last 5 Year average price is £358,076 with Total Sold: 33
- The most recent sale happened at this postcode is , UNIT 7 SAFFRON WAY: £446,000 (Sold on 08 Apr 2024)
- The first recorded sale happened at this postcode is , UNIT 13A SAFFRON WAY: £138,000 (Sold on 03 Oct 2013)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£215,439		9
2023	£213,286	£2,617	21
2022	£220,557	£2,647	33
2021	£202,284	£2,379	34
2020	£177,672	£2,056	20
2019	£167,431	£2,096	29
2018	£169,513	£2,022	34
2017	£161,422	£1,928	20
2016	£141,965	£1,731	23
2015	£129,971	£1,668	19
2014	£132,670	£1,523	21
2013	£133,462	£1,474	13
2012	£109,192	£1,375	13
2011	£107,857	£1,177	14
2010	£123,929	£1,471	14
2009	£118,733	£1,347	16
2008	£122,204	£1,486	27
2007	£142,399	£1,626	44
2006	£131,111	£1,382	41
2005	£120,498	£1,362	33
2004	£108,756	£1,267	47
2003	£88,325	£1,276	37
2002	£74,470	£940	43
2001	£56,869	£689	35
2000	£49,983	£516	27
1999	£46,323	£536	34
1998	£39,768	£482	28
1997	£37,425	£413	22
1996	£41,119	£507	27
1995	£46,100	£780	15

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£188,912	£2,249	20
2023	£194,323	£2,382	65
2022	£197,656	£2,469	63
2021	£175,111	£2,222	75
2020	£156,568	£2,209	58
2019	£145,514	£1,887	73
2018	£138,875	£1,827	79
2017	£130,963	£1,738	68
2016	£126,230	£1,690	78
2015	£116,727	£1,527	93
2014	£110,139	£1,476	82
2013	£109,089	£1,405	48
2012	£108,530	£1,440	33
2011	£100,367	£1,348	41
2010	£97,502	£1,249	43
2009	£104,222	£1,307	29
2008	£113,078	£1,368	35
2007	£117,138	£1,556	123
2006	£110,551	£1,545	135
2005	£102,922	£1,366	78
2004	£103,609	£1,364	111
2003	£81,939	£1,080	114
2002	£64,396	£874	135
2001	£50,491	£649	140
2000	£41,780	£559	133
1999	£39,506	£501	122
1998	£36,527	£494	84
1997	£34,757	£449	75
1996	£33,429	£416	72
1995	£33,230	£449	89

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£121,667	£3,601	3
2023	£124,333	£2,347	3
2022	£110,893	£1,912	7
2021	£119,260	£2,205	10
2020	£103,125	£1,987	8
2019	£74,000	£1,282	4
2018	£83,143	£1,704	7
2017	£84,750	£1,581	6
2016	£153,862	£1,829	4
2015	£96,000	£1,425	3
2014	£69,500	£1,418	3
2013	£86,062	£1,488	4
2012	£68,000	£1,133	1
2011	£107,500	£1,769	2
2010	£64,235	£1,247	5
2009	£59,833	£812	3
2008	£80,750	£1,531	2
2007	£88,186	£1,662	12
2006	£110,956	£1,985	18
2005	£96,490	£1,461	5
2004	£87,552	£1,708	10
2003	£71,975	£1,537	2
2002	£24,950	£489	1
2001	£30,000	£682	1
1999	£25,250	£496	2
1998	£27,750	£459	2
1996	£24,000	£329	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£279,000	£3,750	3
2023	£212,500	£3,047	2
2022	£288,488	£3,126	4
2021	£241,583	£2,227	6
2020	£231,333	£2,223	3
2019	£337,000	£2,438	3
2018	£212,500	£1,806	2
2017	£177,390	£1,930	5
2016	£233,980	£2,005	5
2015	£144,250	£1,615	2
2014	£126,500	£1,492	5
2013	£195,833	£1,839	3
2011	£190,000	£1,683	3
2010	£197,500	£1,973	4
2009	£149,083	£1,143	6
2008	£243,333	£1,421	3
2007	£168,606	£1,756	9
2006	£193,921	£1,695	7
2005	£179,600	£1,903	5
2004	£217,250	£2,294	4
2003	£121,750	£1,253	6
2002	£81,225	£952	2
2001	£86,000	£972	9
2000	£101,719	£680	8
1999	£82,000	£474	4
1998	£86,650	£656	3
1997	£64,125	£453	4
1996	£69,750	£541	2
1995	£45,833	£538	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£374,250		2
2023	£547,000	£2,020	2
2022	£1,825,000		1
2021	£287,444	£2,616	9
2020	£344,583	£923	6
2019	£268,808	£584	13
2018	£172,000	£1,577	6
2017	£214,583		6
2016	£219,500	£4,916	5
2015	£125,000		2
2014	£25,000		1
2013	£169,000		2

House Type in LE2 8GG area

The most common house types in the LE2 8GG postcode area are Terraced (77), Semi-detached (22), and Detached (5).

Total	106
Terraced	77
Semi-detached	22
Detached	5
Flat	1
temporary structure	1
Shared house	0
converted building	0
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (42), and Owned: Owns with a mortgage or loan (35).

Owned: Owns outright	42
Owned: Owns with a mortgage or loan	35
Private rented: Private landlord or letting agency	26
Private rented: Other private rented	2
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the LE2 8GG have 2 people in household (43), and 1 person in household (25).

2 people in household	43
1 person in household	25
3 people in household	24
4 people in household	10
5 people in household	3
6 people in household	1
7 people in household	1
0 people in household	0
8 or more people in household	0