Housing Market Analysis for MERLIN CLOSE, LE7 7QJ

Are you looking to understand LE7 7QJ 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 Charnwood postcode.

For the location information and nearby amenities in the LE7 7QJ area, explore the LE7 7QJ Area information page.
For comprehensive crime statistics in the LE7 7QJ area, explore the LE7 7QJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LE7 7QJ postcode area, The average prices are as follows,

Detached
- The average price is around £188,856 median price is £155,950 Standard Deviation is £86,627 with Total Sold: 31
- The Last 5 Year average price is £377,333 with Total Sold: 3
- The most recent sale happened at this postcode is 1 MERLIN CLOSE: £453,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is 1 MERLIN CLOSE: £132,950 (Sold on 20 Oct 2000)
Terraced
- The average price is around £139,318 median price is £151,000 Standard Deviation is £44,052 with Total Sold: 17
- The Last 5 Year average price is £196,217 with Total Sold: 3
- The most recent sale happened at this postcode is 16 MERLIN CLOSE: £225,000 (Sold on 27 Sep 2021)
- The first recorded sale happened at this postcode is 16 MERLIN CLOSE: £77,950 (Sold on 22 Nov 2000)
Semi-Detached
- The average price is around £125,400 median price is £124,000 Standard Deviation is £47,580 with Total Sold: 6
- The most recent sale happened at this postcode is 4 MERLIN CLOSE: £185,000 (Sold on 10 Feb 2017)
- The first recorded sale happened at this postcode is 18 MERLIN CLOSE: £76,950 (Sold on 01 Dec 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average LE7 7QJ 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£453,000		1
2020	£339,500	£2,916	2
2015	£280,000	£2,196	1
2014	£247,000	£1,823	2
2011	£245,000	£1,922	1
2008	£250,000	£2,174	1
2006	£245,000	£2,035	2
2004	£232,000		2
2003	£166,475	£1,705	2
2002	£182,000	£1,583	1
2001	£135,554	£998	12
2000	£89,488	£1,031	4

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£225,000	£3,125	1
2019	£181,826	£2,417	2
2016	£144,417	£2,187	3
2014	£150,475	£2,048	2
2011	£167,500	£2,220	1
2006	£163,500	£2,173	2
2005	£138,000	£1,917	1
2002	£102,475	£1,392	2
2000	£69,367	£1,052	3

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£185,000	£2,447	1
2012	£165,000	£2,183	1
2010	£167,500	£2,296	1
2002	£83,000		1
2000	£75,950	£991	2

All the Sales in the MERLIN CLOSE, LE7 7QJ

See the table below for more details on the sold house prices in the LE7 7QJ, Charnwood postcode.

Address	Sold Date	Price	% Change
1 MERLIN CLOSEDetached, Freehold	23 Aug 2024	£453,000	88.75%
	27 Jan 2006	£240,000	15.94%
	22 Dec 2003	£207,000	51.09%
	30 Mar 2001	£137,000	3.05%
	20 Oct 2000	£132,950	First Sale
16 MERLIN CLOSETerraced, FreeholdArea: 72 Sq.mtrAge: 1996-2002	27 Sep 2021	£225,000	50.05%
	05 Sep 2014	£149,950	8.66%
	14 Jan 2005	£138,000	27.78%
	23 Dec 2002	£108,000	38.55%
	22 Nov 2000	£77,950	First Sale
11 MERLIN CLOSEDetached, FreeholdArea: 115 Sq.mtrAge: 2003-2006	26 Jun 2020	£351,000	29.52%
	21 Aug 2014	£271,000	8.40%
	16 Sep 2008	£250,000	37.36%
	21 Jun 2002	£182,000	27.32%
	16 Mar 2001	£142,950	First Sale
24 MERLIN CLOSEDetached, FreeholdArea: 118 Sq.mtrAge: 2003-2006	12 Jun 2020	£328,000	31.20%
	20 Apr 2006	£250,000	121.34%
	16 Feb 2001	£112,950	First Sale
10 MERLIN CLOSETerraced, FreeholdArea: 75 Sq.mtrAge: 2003-2006	13 Sep 2019	£182,500	20.86%
	16 May 2014	£151,000	-4.43%
	29 Sep 2006	£158,000	110.81%
	31 Oct 2000	£74,950	First Sale
20 MERLIN CLOSETerraced, FreeholdArea: 75.46 Sq.mtrAge: 1996-2002	25 Apr 2019	£181,152	8.15%
	28 Feb 2011	£167,500	-0.89%
	15 Sep 2006	£169,000	74.32%
	17 May 2002	£96,950	24.37%
	15 Dec 2000	£77,950	First Sale
4 MERLIN CLOSESemi-Detached, FreeholdArea: 75.6 Sq.mtrAge: 1996-2002	10 Feb 2017	£185,000	12.12%
	29 Jun 2012	£165,000	120.15%
	20 Dec 2000	£74,950	First Sale
14 MERLIN CLOSETerraced, FreeholdArea: 50.16 Sq.mtrAge: 1996-2002	09 Sep 2016	£110,000	110.73%
	12 Dec 2000	£52,200	First Sale
8 MERLIN CLOSETerraced, FreeholdArea: 74 Sq.mtrAge: 1996-2002	30 Jun 2016	£163,250	2.03%
	24 Jun 2016	£160,000	107.93%
	01 Dec 2000	£76,950	First Sale
7 MERLIN CLOSEDetached, FreeholdArea: 127.5 Sq.mtrAge: 1991-1995	31 Mar 2015	£280,000	14.29%
	19 Aug 2011	£245,000	55.11%
	06 Apr 2001	£157,950	First Sale
28 MERLIN CLOSEDetached, FreeholdArea: 173 Sq.mtrAge: 1996-2002	26 Jun 2014	£223,000	108.51%
	02 Feb 2001	£106,950	First Sale
6 MERLIN CLOSESemi-Detached, FreeholdArea: 72.96 Sq.mtrAge: 1996-2002	09 Jul 2010	£167,500	32.99%
	19 Dec 2003	£125,950	72.30%
	21 Dec 2000	£73,100	First Sale
30 MERLIN CLOSEDetached, Freehold	02 Jun 2004	£249,000	81.82%
30 MERLIN CLOSEDetached, Freehold	25 Jan 2001	£136,950	First Sale
26 MERLIN CLOSEDetached, Freehold	19 May 2004	£215,000	73.32%
	06 Apr 2001	£124,050	3.42%
	31 Jan 2001	£119,950	First Sale
18 MERLIN CLOSESemi-Detached, Freehold	10 May 2002	£83,000	7.86%
18 MERLIN CLOSESemi-Detached, Freehold	01 Dec 2000	£76,950	First Sale
3 MERLIN CLOSEDetached, FreeholdArea: 141 Sq.mtrAge: 1996-2002	20 Apr 2001	£155,950	First Sale
5 MERLIN CLOSEDetached, FreeholdArea: 179 Sq.mtrAge: 1983-1990	06 Apr 2001	£148,000	First Sale
9 MERLIN CLOSEDetached, FreeholdArea: 168 Sq.mtrAge: 2003-2006	23 Mar 2001	£148,000	First Sale
22 MERLIN CLOSEDetached, Freehold	09 Feb 2001	£135,950	First Sale

Check out the sold house prices near the LE7 7QJ postcode. Properties currently for saleProperties currently for rent

MERLIN CLOSE, LE7 7QJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LE7 7QJ 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 7QJ postcode.

Terraced
- The average price is around £112,060 median price is £99,000 Standard Deviation is £59,480 with Total Sold: 483
- The Last 5 Year average price is £189,808 with Total Sold: 75
- The most recent sale happened at this postcode is , 235 LEICESTER ROAD: £225,000 (Sold on 18 Sep 2024)
- The first recorded sale happened at this postcode is , 90 KINGFISHER ROAD: £55,500 (Sold on 16 Jan 1995)
Detached
- The average price is around £208,367 median price is £194,725 Standard Deviation is £113,495 with Total Sold: 1,002
- The Last 5 Year average price is £371,144 with Total Sold: 139
- The most recent sale happened at this postcode is , 11 POTT ACRE: £462,500 (Sold on 02 Sep 2024)
- The first recorded sale happened at this postcode is , 86 MOUNTSORREL LANE: £116,500 (Sold on 03 Feb 1995)
Flat
- The average price is around £90,276 median price is £93,250 Standard Deviation is £32,258 with Total Sold: 68
- The Last 5 Year average price is £106,570 with Total Sold: 15
- The most recent sale happened at this postcode is FLAT 5, 36 LINKFIELD ROAD: £115,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 3A MARSH ROAD: £29,500 (Sold on 17 May 1996)
Semi-Detached
- The average price is around £145,197 median price is £139,000 Standard Deviation is £78,092 with Total Sold: 565
- The Last 5 Year average price is £240,867 with Total Sold: 111
- The most recent sale happened at this postcode is , 21A HERON CLOSE: £242,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 1 LINKFIELD AVENUE: £41,500 (Sold on 24 Feb 1995)
Other
- The average price is around £2,477,972 median price is £649,134 Standard Deviation is £3,117,806 with Total Sold: 24
- The Last 5 Year average price is £2,009,521 with Total Sold: 13
- The most recent sale happened at this postcode is UNIT 1, ROTHLEY LODGE LOUGHBOROUGH ROAD: £5,063,000 (Sold on 22 Apr 2022)
- The first recorded sale happened at this postcode is , MOUNTVIEW CARE HOME, 1093 LOUGHBOROUGH ROAD: £719,391 (Sold on 09 Nov 2016)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£189,600		5
2023	£219,207	£2,741	7
2022	£205,500	£2,950	10
2021	£181,167	£2,900	18
2020	£199,785	£2,703	14
2019	£173,341	£2,287	21
2018	£163,531	£2,615	20
2017	£162,561	£2,629	9
2016	£150,432	£2,058	19
2015	£130,019	£2,351	13
2014	£126,097	£2,301	15
2013	£163,200	£1,927	12
2012	£136,599	£1,718	19
2011	£112,050	£1,857	9
2010	£115,891	£1,655	11
2009	£114,000	£1,606	5
2008	£120,904	£1,957	11
2007	£133,029	£1,909	12
2006	£125,630	£2,009	27
2005	£113,813	£1,904	15
2004	£96,427	£1,583	11
2003	£97,438	£1,443	26
2002	£74,546	£1,254	34
2001	£59,095	£1,062	19
2000	£57,263	£882	23
1999	£49,744	£831	32
1998	£50,032	£770	20
1997	£47,877	£746	22
1996	£44,293	£679	16
1995	£45,056	£646	8

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£438,909		11
2023	£370,685	£3,072	24
2022	£404,150	£3,415	18
2021	£365,565	£3,201	31
2020	£367,551	£3,058	29
2019	£330,706	£2,859	26
2018	£304,017	£2,833	24
2017	£315,311	£2,497	40
2016	£282,815	£2,420	29
2015	£258,267	£2,403	30
2014	£275,548	£2,107	28
2013	£241,892	£2,220	19
2012	£219,140	£2,063	23
2011	£229,287	£1,993	19
2010	£224,136	£2,013	18
2009	£221,663	£1,937	15
2008	£261,350	£1,846	17
2007	£227,973	£2,045	33
2006	£256,584	£2,045	49
2005	£237,389	£2,017	18
2004	£226,813	£1,960	46
2003	£189,910	£1,708	36
2002	£166,204	£1,456	48
2001	£133,856	£1,136	76
2000	£107,224	£1,065	49
1999	£93,556	£887	33
1998	£100,879	£938	61
1997	£92,421	£838	71
1996	£84,180	£785	52
1995	£89,743	£706	29

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£115,000		1
2023	£153,612	£2,558	4
2022	£90,720	£2,346	5
2020	£91,833	£1,980	3
2019	£70,000	£1,507	2
2018	£95,750	£1,802	5
2016	£105,738	£2,134	4
2015	£93,000	£1,898	3
2014	£103,250	£1,665	2
2013	£93,000	£1,158	1
2012	£97,499	£1,796	4
2010	£64,000	£1,620	2
2009	£60,000	£1,304	1
2007	£102,748	£2,252	20
2003	£67,500	£1,776	1
2002	£45,500	£1,182	2
2001	£41,225	£1,092	2
2000	£36,000	£923	1
1999	£29,625	£755	2
1997	£31,400	£818	1
1996	£29,750	£628	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£230,083	£3,603	6
2023	£256,909	£3,262	11
2022	£263,442	£3,215	19
2021	£255,216	£3,056	16
2020	£229,818	£2,740	28
2019	£225,999	£2,664	31
2018	£196,902	£2,500	21
2017	£197,234	£2,408	16
2016	£193,518	£2,242	14
2015	£194,267	£2,122	9
2014	£169,125	£2,293	12
2013	£172,063	£2,028	15
2012	£174,379	£1,873	18
2011	£152,220	£2,132	10
2010	£150,600	£1,910	12
2009	£140,083	£1,978	6
2008	£161,769	£1,776	13
2007	£151,192	£2,159	19
2006	£165,119	£1,891	31
2005	£143,997	£1,822	18
2004	£142,019	£1,908	18
2003	£123,885	£1,739	20
2002	£100,842	£1,276	33
2001	£92,904	£1,172	32
2000	£65,672	£889	29
1999	£55,542	£804	21
1998	£58,526	£880	23
1997	£52,760	£755	23
1996	£49,025	£668	21
1995	£47,582	£716	20

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£3,399,667	£1,738	3
2021	£341,000	£2,030	1
2020	£217,540	£2,941	3
2019	£2,488,526	£4,660	6
2018	£2,660,792	£5,258	4
2017	£5,133,750	£15,208	4
2016	£723,130	£1,948	3

House Type in LE7 7QJ area

The most common house types in the LE7 7QJ postcode area are Detached (64), Semi-detached (37), and Terraced (10).

Total	113
Detached	64
Semi-detached	37
Terraced	10
Flat	2
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (68), and Owned: Owns outright (17).

Owned: Owns with a mortgage or loan	68
Owned: Owns outright	17
Social rented: Other social rented	17
Private rented: Private landlord or letting agency	9
Private rented: Other private rented	2
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 LE7 7QJ have 2 people in household (35), and 3 people in household (29).

2 people in household	35
3 people in household	29
4 people in household	23
1 person in household	20
5 people in household	5
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0