Leicestershire Area Sees House Prices Jump By Ten Percent in a Year

Harborough led Leicestershire with a 10.6% house price rise in 2024, reaching £356,000, significantly above the UK average.

Leicestershire Area Sees House Prices Jump By Ten Percent in a Year
Leicestershire Area Sees House Prices Jump By Ten Percent in a Year

Leicestershire house prices went up last year, with some areas seeing big jumps. The data covers the year leading to December 2024.

Harborough saw the biggest increase, with house prices rising by 10.6 percent. The typical house there cost £356,000, which is £34,000 more than the year before. North West Leicestershire and Melton also saw noticeable gains, with prices increasing by 5.1 percent in both areas, equaling about £14,000 extra.

Other parts of the county grew less and stayed below the national average. Leicester saw under a two percent rise, while Oadby and Wigston only rose 0.6 percent. The UK average price increase was 4.6 percent.

Here’s a breakdown of Leicestershire percentage increases: Harborough led at 10.6 percent. NW Leicestershire and Melton both rose 5.1 percent, followed by Blaby at 3.8 percent. Charnwood saw a 3.5 percent rise, Hinckley & Bosworth gained 2.6 percent, Leicester’s rise was 1.8 percent, and Oadby & Wigston only rose 0.6 percent.

Here are average house prices in Leicestershire: Harborough: £356,000; Blaby: £290,000; Melton: £284,000; North West Leicestershire: £282,000; Charnwood: £267,000; Hinckley & Bosworth: £259,000; Oadby & Wigston: £256,000; Leicester: £231,000.

Blackburn with Darwen led price growth in 2024, where the average home cost £159,000, one of the UK’s lowest averages. However, prices rose 13.1 percent there, the biggest percentage jump nationwide. Lisburn and Castlereagh rose 11.4 percent, and Inverclyde gained 11.1 percent.

Westminster in London saw a contrasting trend, with prices falling by 22.2 percent. The average home there cost £868,000 last year.

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