Housing Market Analysis for MELBOURNE ROAD, LE65 1RW

Are you looking to understand LE65 1RW 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 North West Leicestershire postcode.

For the location information and nearby amenities in the LE65 1RW area, explore the LE65 1RW Area information page.
For comprehensive crime statistics in the LE65 1RW area, explore the LE65 1RW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LE65 1RW postcode area, The average prices are as follows,

  • Detached
    • The average price is around £437,250 median price is £374,500 Standard Deviation is £195,033 with Total Sold: 4
    • The Last 5 Year average price is £750,000 with Total Sold: 1
    • The most recent sale happened at this postcode is COACH ROAD COTTAGE MELBOURNE ROAD: £750,000 (Sold on 19 Nov 2020)
    • The first recorded sale happened at this postcode is TIMBERDOWN MELBOURNE ROAD: £250,000 (Sold on 29 Aug 2003)
  • Semi-Detached
    • The average price is around £305,000 median price is £305,000 Standard Deviation is £95,000 with Total Sold: 2
    • The most recent sale happened at this postcode is THE OLD SCHOOL HOUSE MELBOURNE ROAD: £400,000 (Sold on 24 Jun 2004)
    • The first recorded sale happened at this postcode is THE OLD SCHOOL HOUSE MELBOURNE ROAD: £210,000 (Sold on 12 Jun 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average LE65 1RW 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
2020£750,0001
2006£450,0001
2003£274,5002
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2004£400,0001
1995£210,0001

All the Sales in the MELBOURNE ROAD, LE65 1RW

See the table below for more details on the sold house prices in the LE65 1RW, North West Leicestershire postcode.

AddressSold DatePrice% Change
COACH ROAD COTTAGE MELBOURNE ROADDetached, Freehold19 Nov 2020£750,00066.67%
18 Apr 2006£450,000First Sale
THE OLD SCHOOL HOUSE MELBOURNE ROADSemi-Detached, Freehold24 Jun 2004£400,00090.48%
12 Jun 1995£210,000First Sale
TIMBERDOWN MELBOURNE ROADDetached, Freehold20 Nov 2003£299,00019.60%
29 Aug 2003£250,000First Sale

Check out the sold house prices near the LE65 1RW postcode. Properties currently for saleProperties currently for rent

MELBOURNE ROAD, LE65 1RW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LE65 1RW 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 LE65 1RW postcode.

  • Detached
    • The average price is around £437,250 median price is £374,500 Standard Deviation is £195,033 with Total Sold: 4
    • The Last 5 Year average price is £750,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , COACH ROAD COTTAGE MELBOURNE ROAD: £750,000 (Sold on 19 Nov 2020)
    • The first recorded sale happened at this postcode is , TIMBERDOWN MELBOURNE ROAD: £250,000 (Sold on 29 Aug 2003)
  • Semi-Detached
    • The average price is around £305,000 median price is £305,000 Standard Deviation is £95,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , THE OLD SCHOOL HOUSE MELBOURNE ROAD: £400,000 (Sold on 24 Jun 2004)
    • The first recorded sale happened at this postcode is , THE OLD SCHOOL HOUSE MELBOURNE ROAD: £210,000 (Sold on 12 Jun 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£750,0001
2006£450,0001
2003£274,5002
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2004£400,0001
1995£210,0001

House Type in LE65 1RW area

The most common house types in the LE65 1RW postcode area are Detached (31), Semi-detached (10), and converted building (3).

Total47
Detached31
Semi-detached10
converted building3
Terraced1
Shared house1
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 (25), and Owned: Owns outright (18).

Owned: Owns with a mortgage or loan25
Owned: Owns outright18
Private rented: Private landlord or letting agency3
Social rented: Rents from council or Local Authority2
Private rented: Other private rented1
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 LE65 1RW have 2 people in household (18), and 4 people in household (10).

2 people in household18
4 people in household10
1 person in household8
3 people in household7
5 people in household2
6 people in household1
8 or more people in household1
0 people in household0
7 people in household0