Housing Market Analysis for OCEAN ROAD, LE5 2ER

Are you looking to understand LE5 2ER 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 2ER area, explore the LE5 2ER Area information page.
For comprehensive crime statistics in the LE5 2ER area, explore the LE5 2ER Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LE5 2ER postcode area, The average prices are as follows,

  • Detached
    • The average price is around £177,970 median price is £157,250 Standard Deviation is £85,762 with Total Sold: 10
    • The Last 5 Year average price is £204,250 with Total Sold: 4
    • The most recent sale happened at this postcode is 63 OCEAN ROAD: £300,000 (Sold on 25 Aug 2022)
    • The first recorded sale happened at this postcode is 11 OCEAN ROAD: £69,950 (Sold on 30 Oct 1997)
  • Other
    • The average price is around £350,000 median price is £350,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 69 OCEAN ROAD: £350,000 (Sold on 16 Oct 2018)
    • The first recorded sale happened at this postcode is 69 OCEAN ROAD: £350,000 (Sold on 16 Oct 2018)
  • Semi-Detached
    • The average price is around £158,000 median price is £158,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 OCEAN ROAD: £158,000 (Sold on 17 Feb 2017)
    • The first recorded sale happened at this postcode is 7 OCEAN ROAD: £158,000 (Sold on 17 Feb 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average LE5 2ER 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
2022£212,500 £2,579 2
2021£200,000 £2,740 1
2019£192,000 £1,920 1
2018£360,000 £2,416 1
2006£157,000 £2,275 1
2005£113,000 £1,638 1
2002£157,500 £1,057 1
2000£105,2501
1997£69,9501
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£350,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£158,000 £2,107 1

All the Sales in the OCEAN ROAD, LE5 2ER

See the table below for more details on the sold house prices in the LE5 2ER, Leicester postcode.

AddressSold DatePrice% Change
63 OCEAN ROADDetached, FreeholdArea: 81 Sq.mtrAge: 1950-196625 Aug 2022£300,000First Sale
71 OCEAN ROADDetached, FreeholdArea: 86 Sq.mtrAge: 1950-196608 Jun 2022£125,000First Sale
73 OCEAN ROADDetached, FreeholdArea: 73 Sq.mtrAge: 1950-196605 Mar 2021£200,000First Sale
59A OCEAN ROADDetached, FreeholdArea: 100 Sq.mtrAge: 1950-196603 May 2019£192,000First Sale
69 OCEAN ROADOther, Freehold16 Oct 2018£350,000First Sale
59 OCEAN ROADDetached, FreeholdArea: 149 Sq.mtrAge: 1950-196621 Jun 2018£360,000128.57%
14 Jun 2002£157,500First Sale
7 OCEAN ROADSemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1930-194917 Feb 2017£158,000First Sale
61A OCEAN ROADDetached, FreeholdArea: 69 Sq.mtrAge: 1930-194924 Feb 2006£157,00038.94%
09 May 2005£113,000First Sale
61 OCEAN ROADDetached, Freehold30 Jun 2000£105,250First Sale
11 OCEAN ROADDetached, Freehold30 Oct 1997£69,950First Sale

Check out the sold house prices near the LE5 2ER postcode. Properties currently for saleProperties currently for rent

OCEAN ROAD, LE5 2ER Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LE5 2ER 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 2ER postcode.

  • Terraced
    • The average price is around £122,454 median price is £110,000 Standard Deviation is £72,149 with Total Sold: 294
    • The Last 5 Year average price is £214,570 with Total Sold: 64
    • The most recent sale happened at this postcode is , 24 GRANTHAM ROAD: £210,000 (Sold on 08 Sep 2024)
    • The first recorded sale happened at this postcode is , 9 GRANTHAM ROAD: £39,950 (Sold on 31 Jul 1995)
  • Semi-Detached
    • The average price is around £133,224 median price is £127,000 Standard Deviation is £77,618 with Total Sold: 1,357
    • The Last 5 Year average price is £248,146 with Total Sold: 218
    • The most recent sale happened at this postcode is , 14 HARTFIELD ROAD: £187,000 (Sold on 19 Aug 2024)
    • The first recorded sale happened at this postcode is , 282 SCRAPTOFT LANE: £45,000 (Sold on 09 Jan 1995)
  • Detached
    • The average price is around £188,305 median price is £165,000 Standard Deviation is £112,290 with Total Sold: 378
    • The Last 5 Year average price is £330,667 with Total Sold: 60
    • The most recent sale happened at this postcode is , 34 RADIANT ROAD: £285,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 16 SEXTANT ROAD: £62,500 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £264,301 median price is £242,500 Standard Deviation is £156,889 with Total Sold: 10
    • The Last 5 Year average price is £256,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , 8 GERVAS ROAD: £220,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is , 33 THE PARKWAY: £180,000 (Sold on 01 Jun 2017)
  • Flat
    • The average price is around £62,052 median price is £70,000 Standard Deviation is £23,950 with Total Sold: 65
    • The Last 5 Year average price is £86,250 with Total Sold: 12
    • The most recent sale happened at this postcode is , 89 HOTOFT ROAD: £39,999 (Sold on 30 Nov 2023)
    • The first recorded sale happened at this postcode is , 53 HOTOFT ROAD: £23,000 (Sold on 24 Mar 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£236,125 £2,966 8
2023£253,624 £2,931 12
2022£232,273 £3,011 11
2021£223,077 £2,820 13
2020£184,250 £2,481 10
2019£150,250 £2,042 10
2018£167,750 £2,169 13
2017£164,050 £2,083 10
2016£159,100 £1,823 12
2015£117,500 £1,431 8
2014£141,855 £1,592 10
2013£105,052 £1,360 14
2012£111,821 £1,555 7
2011£110,583 £1,592 6
2010£112,192 £1,372 6
2009£103,300 £1,575 5
2008£113,744 £1,912 8
2007£101,675 £1,589 14
2006£96,520 £1,319 10
2005£98,378 £1,475 9
2004£106,863 £1,298 15
2003£72,146 £1,261 12
2002£62,614 £851 17
2001£50,217 £622 9
2000£49,340 £666 10
1999£41,144 £483 8
1998£44,038 £464 12
1997£38,694 £508 8
1996£35,170 £397 5
1995£33,975 £472 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£294,700 £2,850 10
2023£294,777 £3,221 37
2022£257,907 £3,155 35
2021£247,711 £2,923 51
2020£228,103 £2,613 39
2019£210,566 £2,510 46
2018£207,514 £2,433 53
2017£183,718 £2,018 39
2016£165,437 £1,960 36
2015£155,860 £1,811 54
2014£143,096 £1,682 46
2013£138,493 £1,590 29
2012£134,113 £1,546 30
2011£132,635 £1,463 26
2010£127,145 £1,555 34
2009£129,689 £1,355 29
2008£140,455 £1,490 26
2007£145,692 £1,667 71
2006£137,345 £1,532 70
2005£133,240 £1,595 52
2004£127,442 £1,478 56
2003£101,966 £1,161 54
2002£83,690 £842 68
2001£64,794 £720 63
2000£55,350 £622 67
1999£51,810 £563 63
1998£47,347 £529 49
1997£46,517 £543 36
1996£46,796 £458 47
1995£45,823 £511 41
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£296,250 £2,788 4
2023£361,214 £3,000 7
2022£357,929 £3,597 14
2021£330,385 £2,899 13
2020£331,375 £2,927 8
2019£297,821 £2,577 14
2018£286,098 £2,515 13
2017£307,556 £2,430 9
2016£274,769 £2,285 13
2015£250,722 £2,111 18
2014£184,357 £1,990 7
2013£196,633 £1,919 15
2012£233,333 £1,785 3
2011£191,636 £1,706 11
2010£226,375 £1,900 8
2009£192,667 £1,518 6
2008£76,0001
2007£247,412 £1,608 12
2006£202,204 £1,689 12
2005£234,707 £1,579 7
2004£197,717 £1,690 18
2003£164,262 £1,424 17
2002£136,355 £1,188 21
2001£96,212 £839 22
2000£87,657 £794 21
1999£71,116 £727 16
1998£74,333 £598 12
1997£73,179 £669 17
1996£68,277 £719 13
1995£88,606 £766 26
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£251,5002
2019£265,0001
2018£282,501 £1,282 6
2017£180,000 £2,138 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£71,000 £1,411 2
2022£107,000 £2,143 2
2021£101,000 £1,679 1
2020£80,250 £1,553 4
2019£85,667 £1,597 3
2018£73,750 £1,380 2
2017£76,500 £1,356 2
2016£75,750 £1,402 4
2015£73,000 £1,375 4
2013£62,750 £1,182 1
2012£75,000 £1,382 1
2010£62,000 £1,109 3
2008£70,625 £1,322 4
2007£75,0001
2006£79,612 £1,507 4
2005£72,750 £1,351 2
2004£67,667 £1,192 3
2003£53,390 £985 5
2002£38,983 £734 3
2001£28,125 £529 4
2000£26,000 £509 2
1999£27,750 £501 3
1996£23,000 £424 1
1995£25,000 £454 4

House Type in LE5 2ER area

The most common house types in the LE5 2ER postcode area are Semi-detached (107), Detached (33), and Terraced (10).

Total155
Semi-detached107
Detached33
Terraced10
Shared house3
converted building1
commercial building1
Flat0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (63), and Owned: Owns outright (51).

Owned: Owns with a mortgage or loan63
Owned: Owns outright51
Social rented: Rents from council or Local Authority20
Private rented: Private landlord or letting agency17
Social rented: Other social rented5
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LE5 2ER have 2 people in household (45), and 3 people in household (37).

2 people in household45
3 people in household37
1 person in household33
4 people in household20
5 people in household12
6 people in household9
8 or more people in household2
0 people in household0
7 people in household0