Housing Market Analysis for OCTON CLOSE, LE5 1GQ

Are you looking to understand LE5 1GQ 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 LE5 1GQ area, explore the LE5 1GQ Area information page.
For comprehensive crime statistics in the LE5 1GQ area, explore the LE5 1GQ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LE5 1GQ postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £161,737 median price is £143,500 Standard Deviation is £42,648 with Total Sold: 12
    • The Last 5 Year average price is £270,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 OCTON CLOSE: £270,000 (Sold on 27 Oct 2023)
    • The first recorded sale happened at this postcode is 4 OCTON CLOSE: £207,950 (Sold on 24 Jun 2016)
  • Semi-Detached
    • The average price is around £195,969 median price is £206,950 Standard Deviation is £31,042 with Total Sold: 8
    • The most recent sale happened at this postcode is 21 OCTON CLOSE: £215,000 (Sold on 31 Jul 2018)
    • The first recorded sale happened at this postcode is 22 OCTON CLOSE: £223,950 (Sold on 06 May 2016)
  • Detached
    • The average price is around £239,950 median price is £239,950 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 5 OCTON CLOSE: £239,950 (Sold on 03 Jun 2016)
    • The first recorded sale happened at this postcode is 5 OCTON CLOSE: £239,950 (Sold on 03 Jun 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average LE5 1GQ 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£270,000 £3,600 1
2017£136,624 £1,644 8
2016£192,617 £2,652 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£215,000 £2,756 1
2017£143,500 £1,708 2
2016£213,150 £2,591 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£239,950 £2,448 1

All the Sales in the OCTON CLOSE, LE5 1GQ

See the table below for more details on the sold house prices in the LE5 1GQ, Leicester postcode.

AddressSold DatePrice% Change
2 OCTON CLOSETerraced, FreeholdArea: 75 Sq.mtr27 Oct 2023£270,00038.50%
15 Sep 2016£194,950First Sale
21 OCTON CLOSESemi-Detached, FreeholdArea: 78 Sq.mtr31 Jul 2018£215,0004.90%
06 May 2016£204,950First Sale
6 OCTON CLOSETerraced, LeaseholdArea: 84 Sq.mtr03 Aug 2017£100,000-30.31%
11 Apr 2017£143,500First Sale
18 OCTON CLOSESemi-Detached, FreeholdArea: 84 Sq.mtr11 Apr 2017£143,500First Sale
19 OCTON CLOSESemi-Detached, FreeholdArea: 84 Sq.mtr11 Apr 2017£143,500First Sale
10 OCTON CLOSETerraced, FreeholdArea: 84 Sq.mtr11 Apr 2017£143,500First Sale
11 OCTON CLOSETerraced, FreeholdArea: 84 Sq.mtr11 Apr 2017£143,500First Sale
17 OCTON CLOSETerraced, FreeholdArea: 77 Sq.mtr11 Apr 2017£131,996First Sale
7 OCTON CLOSETerraced, FreeholdArea: 84 Sq.mtr11 Apr 2017£143,500First Sale
8 OCTON CLOSETerraced, FreeholdArea: 84 Sq.mtr11 Apr 2017£143,500First Sale
9 OCTON CLOSETerraced, FreeholdArea: 84 Sq.mtr11 Apr 2017£143,500First Sale
1 OCTON CLOSESemi-Detached, FreeholdArea: 78 Sq.mtr05 Aug 2016£208,950First Sale
3 OCTON CLOSETerraced, FreeholdArea: 65 Sq.mtr01 Jul 2016£174,950First Sale
4 OCTON CLOSETerraced, FreeholdArea: 78 Sq.mtr24 Jun 2016£207,950First Sale
5 OCTON CLOSEDetached, FreeholdArea: 98 Sq.mtr03 Jun 2016£239,950First Sale
20 OCTON CLOSESemi-Detached, FreeholdArea: 78 Sq.mtr13 May 2016£204,950First Sale
23 OCTON CLOSESemi-Detached, FreeholdArea: 89 Sq.mtr09 May 2016£222,950First Sale
22 OCTON CLOSESemi-Detached, FreeholdArea: 89 Sq.mtr06 May 2016£223,950First Sale

Check out the sold house prices near the LE5 1GQ postcode. Properties currently for saleProperties currently for rent

OCTON CLOSE, LE5 1GQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LE5 1GQ 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 LE5 1GQ postcode.

  • Semi-Detached
    • The average price is around £119,771 median price is £114,725 Standard Deviation is £68,218 with Total Sold: 1,028
    • The Last 5 Year average price is £219,937 with Total Sold: 124
    • The most recent sale happened at this postcode is , 1 SEATON RISE: £280,000 (Sold on 17 Sep 2024)
    • The first recorded sale happened at this postcode is , 26 MEADOWSWEET ROAD: £50,000 (Sold on 03 Jan 1995)
  • Detached
    • The average price is around £231,812 median price is £236,950 Standard Deviation is £119,593 with Total Sold: 919
    • The Last 5 Year average price is £365,614 with Total Sold: 111
    • The most recent sale happened at this postcode is , 14 CATTERICK WAY: £430,000 (Sold on 18 Jul 2024)
    • The first recorded sale happened at this postcode is , 17 HOLLOWTREE ROAD: £86,000 (Sold on 11 Jan 1995)
  • Terraced
    • The average price is around £118,168 median price is £112,198 Standard Deviation is £58,153 with Total Sold: 387
    • The Last 5 Year average price is £194,400 with Total Sold: 50
    • The most recent sale happened at this postcode is , 75 KEYHAM LANE WEST: £210,000 (Sold on 26 Apr 2024)
    • The first recorded sale happened at this postcode is , 77 KEYHAM LANE WEST: £35,750 (Sold on 19 Jan 1995)
  • Flat
    • The average price is around £81,120 median price is £71,000 Standard Deviation is £43,216 with Total Sold: 10
    • The Last 5 Year average price is £123,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 66 MAPLIN ROAD: £123,000 (Sold on 15 Mar 2021)
    • The first recorded sale happened at this postcode is , 2 ASHTREE ROAD: £54,500 (Sold on 23 Apr 1999)
  • Other
    • The average price is around £751,921 median price is £445,106 Standard Deviation is £625,550 with Total Sold: 12
    • The Last 5 Year average price is £871,528 with Total Sold: 5
    • The most recent sale happened at this postcode is , HILTOP SURGERY MAIDENWELL AVENUE: £2,450,000 (Sold on 07 Dec 2020)
    • The first recorded sale happened at this postcode is , 50 RAYWELL ROAD: £1,320,000 (Sold on 13 Sep 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£248,625 £2,969 8
2023£256,542 £3,399 24
2022£242,115 £3,111 26
2021£211,553 £2,984 19
2020£190,767 £2,610 26
2019£183,416 £2,479 21
2018£213,471 £2,444 58
2017£181,527 £2,284 49
2016£176,566 £2,263 36
2015£146,621 £1,938 43
2014£132,812 £1,766 42
2013£107,600 £1,549 25
2012£110,778 £1,655 16
2011£121,056 £1,603 20
2010£107,307 £1,624 20
2009£117,115 £1,619 17
2008£115,000 £1,804 23
2007£129,672 £1,907 43
2006£122,843 £1,841 50
2005£104,048 £1,571 33
2004£106,694 £1,489 40
2003£96,470 £1,301 57
2002£70,815 £1,053 59
2001£60,463 £829 51
2000£53,184 £810 40
1999£45,809 £733 45
1998£44,780 £713 35
1997£45,481 £662 40
1996£45,857 £663 41
1995£49,330 £611 21
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£362,400 £3,327 5
2023£390,500 £3,105 6
2022£346,423 £3,220 13
2021£315,469 £3,029 16
2020£345,533 £2,911 15
2019£387,396 £2,655 56
2018£338,966 £2,603 114
2017£322,235 £2,369 107
2016£314,669 £2,225 71
2015£266,504 £2,206 63
2014£231,730 £2,130 23
2013£200,100 £1,928 10
2012£218,300 £1,424 5
2011£176,939 £1,963 9
2010£195,917 £1,801 6
2009£202,286 £1,672 7
2008£204,538 £1,880 13
2007£205,821 £2,050 14
2006£198,042 £1,872 16
2005£211,675 £1,950 8
2004£179,518 £1,790 19
2003£174,717 £1,499 38
2002£124,835 £1,260 39
2001£111,351 £1,036 35
2000£107,938 £920 50
1999£89,612 £788 52
1998£77,967 £779 27
1997£79,798 £769 22
1996£74,420 £738 33
1995£74,142 £713 27
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£210,5004
2023£262,502 £3,160 7
2022£206,800 £2,837 8
2021£184,625 £2,239 8
2020£168,290 £2,069 11
2019£171,492 £2,162 12
2018£160,989 £2,023 17
2017£162,643 £1,974 40
2016£169,399 £2,335 25
2015£116,333 £1,493 9
2014£128,408 £1,814 11
2013£133,540 £1,934 5
2012£147,000 £1,855 1
2011£101,188 £1,517 4
2010£123,833 £1,537 9
2009£122,938 £1,433 8
2008£99,312 £1,412 4
2007£126,441 £1,731 18
2006£100,322 £1,527 15
2005£107,028 £1,526 16
2004£100,553 £1,552 18
2003£103,189 £1,440 22
2002£81,050 £1,196 19
2001£60,714 £897 22
2000£61,756 £866 9
1999£53,251 £642 10
1998£48,233 £708 12
1997£52,638 £742 19
1996£52,372 £742 19
1995£49,620 £577 5
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£123,000 £1,662 1
2017£135,500 £1,973 2
2008£65,000 £985 1
2007£65,000 £902 1
2002£102,950 £1,537 1
2001£26,375 £518 2
2000£77,000 £1,149 1
1999£54,500 £813 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£2,450,0001
2019£476,910 £5,659 4
2018£495,486 £6,134 2
2017£588,610 £8,072 4
2016£1,320,000 £10,312 1

House Type in LE5 1GQ area

The most common house types in the LE5 1GQ postcode area are Terraced (64), Semi-detached (39), and Detached (20).

Total130
Terraced64
Semi-detached39
Detached20
Flat7
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (35), and Owned: Owns with a mortgage or loan (34).

Social rented: Other social rented35
Owned: Owns with a mortgage or loan34
Private rented: Private landlord or letting agency22
Social rented: Rents from council or Local Authority15
Owned: Owns outright14
Shared ownership: Shared ownership12
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the LE5 1GQ have 2 people in household (32), and 4 people in household (32).

2 people in household32
4 people in household32
1 person in household27
3 people in household26
5 people in household13
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0