Housing Market Analysis for REARSBY LANE, LE7 4XG

Are you looking to understand LE7 4XG 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 Melton postcode.

For the location information and nearby amenities in the LE7 4XG area, explore the LE7 4XG Area information page.
For comprehensive crime statistics in the LE7 4XG area, explore the LE7 4XG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LE7 4XG postcode area, The average prices are as follows,

  • Other
    • The average price is around £550,149 median price is £352,639 Standard Deviation is £390,900 with Total Sold: 3
    • The Last 5 Year average price is £201,750 with Total Sold: 1
    • The most recent sale happened at this postcode is SPURRS LODGE REARSBY LANE: £201,750 (Sold on 20 Dec 2021)
    • The first recorded sale happened at this postcode is UNDERWOOD LODGE FARM REARSBY LANE: £352,639 (Sold on 11 Sep 2017)
  • Detached
    • The average price is around £135,000 median price is £135,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £135,000 with Total Sold: 1
    • The most recent sale happened at this postcode is THE NEW HOUSE, UNDERWOOD LODGE FARM REARSBY LANE: £135,000 (Sold on 30 Apr 2020)
    • The first recorded sale happened at this postcode is THE NEW HOUSE, UNDERWOOD LODGE FARM REARSBY LANE: £135,000 (Sold on 30 Apr 2020)

Sold Price Trend Over the Years:

Below table and chart gives the average LE7 4XG 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
2021£201,7501
2017£724,348 £4,861 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£135,000 £678 1

All the Sales in the REARSBY LANE, LE7 4XG

See the table below for more details on the sold house prices in the LE7 4XG, Melton postcode.

AddressSold DatePrice% Change
SPURRS LODGE REARSBY LANEOther, Freehold20 Dec 2021£201,750First Sale
THE NEW HOUSE, UNDERWOOD LODGE FARM REARSBY LANEDetached, FreeholdArea: 199 Sq.mtrAge: before 190030 Apr 2020£135,000First Sale
UNDERWOOD LODGE FARM REARSBY LANEOther, FreeholdArea: 149 Sq.mtrAge: 1983-199009 Oct 2017£1,096,058210.82%
11 Sep 2017£352,639First Sale

Check out the sold house prices near the LE7 4XG postcode. Properties currently for saleProperties currently for rent

REARSBY LANE, LE7 4XG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LE7 4XG 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 LE7 4XG postcode.

  • Other
    • The average price is around £550,149 median price is £352,639 Standard Deviation is £390,900 with Total Sold: 3
    • The Last 5 Year average price is £201,750 with Total Sold: 1
    • The most recent sale happened at this postcode is , SPURRS LODGE REARSBY LANE: £201,750 (Sold on 20 Dec 2021)
    • The first recorded sale happened at this postcode is , UNDERWOOD LODGE FARM REARSBY LANE: £352,639 (Sold on 11 Sep 2017)
  • Detached
    • The average price is around £135,000 median price is £135,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £135,000 with Total Sold: 1
    • The most recent sale happened at this postcode is THE NEW HOUSE, UNDERWOOD LODGE FARM REARSBY LANE: £135,000 (Sold on 30 Apr 2020)
    • The first recorded sale happened at this postcode is THE NEW HOUSE, UNDERWOOD LODGE FARM REARSBY LANE: £135,000 (Sold on 30 Apr 2020)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£201,7501
2017£724,348 £4,861 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£135,000 £678 1

House Type in LE7 4XG area

The most common house types in the LE7 4XG postcode area are Detached (90), Semi-detached (58), and Terraced (3).

Total151
Detached90
Semi-detached58
Terraced3
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (75), and Owned: Owns with a mortgage or loan (58).

Owned: Owns outright75
Owned: Owns with a mortgage or loan58
Private rented: Private landlord or letting agency10
Private rented: Other private rented4
Social rented: Rents from council or Local Authority2
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 LE7 4XG have 2 people in household (63), and 1 person in household (31).

2 people in household63
1 person in household31
4 people in household26
3 people in household25
5 people in household6
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0