Imofolio

North West Leicestershire · report

Past price cycles in North West Leicestershire

Sale prices have fallen by 3% or more 12 times since 1995. The deepest began in May 2008.

Deepest fall
−18.0%
Recovery from the low
73 months

Prices in North West Leicestershire and the UK, indexed

Average sale prices, both set to 100 in January 1995.

  • North West Leicestershire
  • United Kingdom
  • 100 = January 1995
Show the numbers
PeriodNorth West LeicestershireUnited Kingdom
Aug 2026506.0534.7
Jul 2026503.2532.9
Jun 2026508.5530.1
May 2026515.2533.1
Apr 2026513.2530.6
Mar 2026505.4526.0
Feb 2026498.4527.6
Jan 2026500.9526.4
Dec 2025501.9524.8
Nov 2025498.7529.6
Oct 2025501.0528.4
Sep 2025506.2527.8
Aug 2025497.7529.8
Jul 2025487.1526.5
Jun 2025475.0522.4
May 2025485.0517.1
Apr 2025486.9509.5
Mar 2025491.2524.8
Feb 2025490.8518.5
Jan 2025491.7518.8
Dec 2024492.9517.0
Nov 2024486.4518.0
Oct 2024485.2519.4
Sep 2024482.0518.4
Aug 2024484.0519.1
Jul 2024479.0514.0
Jun 2024477.2508.3
May 2024470.6506.3
Apr 2024470.3502.2
Mar 2024467.9499.5
Feb 2024473.8498.6
Jan 2024478.5501.2
Dec 2023480.5501.6
Nov 2023478.3505.9
Oct 2023476.7509.4
Sep 2023482.6511.7
Aug 2023480.3514.2
Jul 2023478.9511.4
Jun 2023466.7505.8
May 2023469.3503.9
Apr 2023470.8502.2
Mar 2023481.7501.1
Feb 2023484.3506.8
Jan 2023485.7511.0
Dec 2022484.3515.4
Nov 2022490.6519.5
Oct 2022493.0520.3
Sep 2022493.3520.3
Aug 2022484.4519.2
Jul 2022478.3514.8
Jun 2022472.9505.4
May 2022468.1499.4
Apr 2022458.3493.8
Mar 2022453.0488.0
Feb 2022447.8486.2
Jan 2022445.5485.7
Dec 2021440.0480.1
Nov 2021439.0477.7
Oct 2021441.1468.5
Sep 2021436.1480.5
Aug 2021437.6466.8
Jul 2021435.6453.1
Jun 2021438.5475.4
May 2021431.3451.4
Apr 2021425.8448.4
Mar 2021421.0455.2
Feb 2021421.4448.6
Jan 2021420.7447.3
Dec 2020418.9447.3
Nov 2020413.7443.9
Oct 2020406.7439.4
Sep 2020409.6435.7
Aug 2020408.9431.1
Jul 2020409.9426.9
Jun 2020409.6423.4
May 2020402.6417.6
Apr 2020396.9415.5
Mar 2020389.0419.7
Feb 2020394.4416.0
Jan 2020399.4418.4
Dec 2019401.1418.1
Nov 2019400.5418.7
Oct 2019403.8420.2
Sep 2019400.0421.3
Aug 2019394.0421.0
Jul 2019380.4419.6
Jun 2019382.4415.0
May 2019382.9413.2
Apr 2019388.8412.6
Mar 2019386.1409.7
Feb 2019385.2410.8
Jan 2019388.8411.8
Dec 2018390.1414.4
Nov 2018393.0415.3
Oct 2018389.3417.1
Sep 2018386.7417.5
Aug 2018385.0418.3
Jul 2018382.2417.0
Jun 2018383.0411.9
May 2018376.4409.2
Apr 2018373.4407.5
Mar 2018372.8403.7
Feb 2018376.1406.1
Jan 2018377.4405.0
Dec 2017372.4406.5
Nov 2017362.5404.9
Oct 2017360.8406.0
Sep 2017359.6405.7
Aug 2017362.1407.2
Jul 2017357.0405.4
Jun 2017355.6400.2
May 2017351.7396.8
Apr 2017355.5394.4
Mar 2017352.9388.3
Feb 2017355.8389.1
Jan 2017351.8388.3
Dec 2016351.0388.7
Nov 2016349.8388.0
Oct 2016347.1386.2
Sep 2016345.4387.5
Aug 2016340.3388.1
Jul 2016339.7388.1
Jun 2016343.8384.0
May 2016346.1380.4
Apr 2016345.3376.0
Mar 2016333.9374.6
Feb 2016333.5370.8
Jan 2016332.9370.6
Dec 2015334.0369.6
Nov 2015331.8368.4
Oct 2015328.7365.6
Sep 2015326.7365.1
Aug 2015325.9364.3
Jul 2015323.5361.0
Jun 2015323.1355.0
May 2015323.6352.3
Apr 2015323.1348.5
Mar 2015321.6345.5
Feb 2015315.0344.2
Jan 2015317.0343.9
Dec 2014318.9345.7
Nov 2014322.1344.9
Oct 2014319.7346.1
Sep 2014319.9346.6
Aug 2014317.7346.2
Jul 2014315.7342.2
Jun 2014309.9337.5
May 2014303.8334.6
Apr 2014298.1331.1
Mar 2014299.1323.9
Feb 2014301.7322.7
Jan 2014302.7321.4
Dec 2013298.3321.0
Nov 2013292.9318.1
Oct 2013295.3316.4
Sep 2013296.5317.7
Aug 2013299.4317.4
Jul 2013298.1314.9
Jun 2013292.7311.4
May 2013285.0308.9
Apr 2013275.8307.3
Mar 2013280.6304.3
Feb 2013283.4302.5
Jan 2013287.9302.5
Dec 2012282.5304.6
Nov 2012282.4305.3
Oct 2012279.0305.0
Sep 2012284.7307.2
Aug 2012280.1308.3
Jul 2012283.2307.9
Jun 2012280.5306.7
May 2012288.7303.8
Apr 2012289.1302.8
Mar 2012289.2299.3
Feb 2012285.7298.5
Jan 2012285.8299.3
Dec 2011282.8301.3
Nov 2011286.2302.6
Oct 2011287.6302.5
Sep 2011295.9305.8
Aug 2011299.4306.6
Jul 2011295.7306.4
Jun 2011286.8302.6
May 2011276.4302.1
Apr 2011281.6303.4
Mar 2011285.9298.8
Feb 2011289.8300.2
Jan 2011291.3301.8
Dec 2010289.6304.3
Nov 2010285.5304.9
Oct 2010285.6308.5
Sep 2010288.4312.0
Aug 2010303.2312.8
Jul 2010295.5312.8
Jun 2010288.6309.7
May 2010277.2308.2
Apr 2010279.5306.7
Mar 2010290.9302.8
Feb 2010296.4302.8
Jan 2010294.8302.1
Dec 2009283.8303.2
Nov 2009282.6301.2
Oct 2009283.8300.2
Sep 2009276.5298.2
Aug 2009271.8295.9
Jul 2009267.1293.0
Jun 2009280.4287.8
May 2009273.0285.0
Apr 2009273.3281.1
Mar 2009273.8278.6
Feb 2009278.4280.3
Jan 2009284.2283.6
Dec 2008287.1290.3
Nov 2008292.9294.8
Oct 2008301.9303.4
Sep 2008307.8309.6
Aug 2008317.8317.6
Jul 2008320.9324.4
Jun 2008324.4328.0
May 2008325.7332.4
Apr 2008321.2330.4
Mar 2008316.7329.8
Feb 2008317.0332.2
Jan 2008318.2335.1
Dec 2007316.3341.3
Nov 2007320.0341.8
Oct 2007318.6342.0
Sep 2007323.5342.8
Aug 2007322.6342.3
Jul 2007324.5340.4
Jun 2007320.3336.1
May 2007311.7332.5
Apr 2007310.4328.7
Mar 2007309.9322.2
Feb 2007311.7319.8
Jan 2007309.6318.8
Dec 2006303.7319.0
Nov 2006301.0315.0
Oct 2006305.8313.4
Sep 2006310.1311.6
Aug 2006311.2310.3
Jul 2006302.6307.7
Jun 2006297.9303.4
May 2006290.8300.5
Apr 2006291.4297.7
Mar 2006292.2291.4
Feb 2006295.2289.0
Jan 2006299.8288.6
Dec 2005296.4289.0
Nov 2005297.6287.4
Oct 2005289.2286.6
Sep 2005290.3287.1
Aug 2005292.8287.6
Jul 2005300.3286.4
Jun 2005300.1282.8
May 2005290.3280.6
Apr 2005285.1277.6
Mar 2005282.0273.7
Feb 2005285.2271.5
Jan 2005283.5271.7
Dec 2004282.2271.9
Nov 2004280.1273.9
Oct 2004276.5274.3
Sep 2004276.0272.3
Aug 2004270.2272.8
Jul 2004273.7269.7
Jun 2004269.5264.1
May 2004266.4259.5
Apr 2004250.1256.4
Mar 2004246.1245.3
Feb 2004244.0244.7
Jan 2004253.2247.1
Dec 2003252.3245.6
Nov 2003255.0240.9
Oct 2003246.4243.6
Sep 2003246.9239.4
Aug 2003239.8240.2
Jul 2003236.9236.0
Jun 2003228.2231.9
May 2003219.7231.4
Apr 2003214.1233.0
Mar 2003205.6227.6
Feb 2003202.7222.8
Jan 2003203.2225.2
Dec 2002204.0226.8
Nov 2002198.4219.5
Oct 2002189.8217.3
Sep 2002186.8215.7
Aug 2002185.2210.6
Jul 2002179.3206.0
Jun 2002173.0204.4
May 2002169.0196.4
Apr 2002166.8191.4
Mar 2002164.1188.9
Feb 2002163.3182.5
Jan 2002158.8176.1
Dec 2001158.6176.7
Nov 2001155.3176.7
Oct 2001156.3176.7
Sep 2001153.1180.3
Aug 2001152.9180.3
Jul 2001149.9180.3
Jun 2001148.0174.1
May 2001144.8174.1
Apr 2001143.9174.1
Mar 2001141.4168.0
Feb 2001139.1168.0
Jan 2001136.9168.0
Dec 2000135.2168.9
Nov 2000132.9168.9
Oct 2000134.2168.9
Sep 2000135.7164.0
Aug 2000135.5164.0
Jul 2000133.8164.0
Jun 2000129.3161.0
May 2000129.0161.0
Apr 2000122.3161.0
Mar 2000124.0152.6
Feb 2000125.1152.6
Jan 2000126.9152.6
Dec 1999124.4148.8
Nov 1999120.8148.8
Oct 1999121.8148.8
Sep 1999120.9145.1
Aug 1999121.6145.1
Jul 1999118.4145.1
Jun 1999120.3137.1
May 1999113.7137.1
Apr 1999112.9137.1
Mar 1999110.6131.5
Feb 1999114.4131.5
Jan 1999115.7131.5
Dec 1998113.4130.7
Nov 1998115.8130.7
Oct 1998113.7130.7
Sep 1998114.9131.3
Aug 1998112.6131.3
Jul 1998113.3131.3
Jun 1998109.5125.8
May 1998108.2125.8
Apr 1998105.1125.8
Mar 1998105.6119.5
Feb 1998105.5119.5
Jan 1998104.4119.5
Dec 1997104.4116.5
Nov 1997105.1116.5
Oct 1997107.1116.5
Sep 1997105.5117.4
Aug 1997103.3117.4
Jul 1997104.7117.4
Jun 1997109.4111.7
May 1997106.9111.7
Apr 1997102.4111.7
Mar 199799.3109.5
Feb 1997100.1109.5
Jan 1997101.7109.5
Dec 199699.6108.0
Nov 1996100.5108.0
Oct 199698.9108.0
Sep 199698.4106.2
Aug 199696.2106.2
Jul 199697.6106.2
Jun 199695.4102.2
May 199693.6102.2
Apr 199694.3102.2
Mar 199692.9102.1
Feb 199695.2102.1
Jan 199693.2102.1
Dec 199596.9100.6
Nov 199596.2100.6
Oct 1995100.0100.6
Sep 199599.5102.0
Aug 1995100.9102.0
Jul 199598.0102.0
Jun 199594.6101.1
May 199596.5101.1
Apr 199595.1101.1
Mar 199599.6100.0
Feb 199597.3100.0
Jan 1995100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
January 1995June 1995−5.4%52
August 1995March 1996−7.9%710
June 1997August 1997−5.6%210
November 1998March 1999−4.4%43
January 2000April 2000−3.7%31
November 2003February 2004−4.3%33
July 2005October 2005−3.7%39
August 2006November 2006−3.3%33
May 2008July 2009−18.0%1473
November 2018July 2019−3.2%81
October 2019March 2020−3.7%53
September 2022June 2023−5.4%926

The UK House Price Index goes back to 1968 for the UK, its nations and England's regions, to 1995 for councils in England and Wales, to 2004 in Scotland and to 2005 in Northern Ireland, where it is quarterly. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for North West Leicestershire

Sale prices have an 80% chance of landing between £272,010 and £310,027 by August 2027.

Expected, August 2027
£291,018
Chance of a rise
72%

At the average sale price, a home costs £282,397. With 10% down and a 30-year mortgage, the payment is £1,303 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
20%
Payment, one income
40%

Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£920
Owning per month
£1,330

41.0% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
400
Per 1,000 residents
3.5

Figures for United Kingdom: North West Leicestershire has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

In 2025 the population grew by 1,370 while 720 homes were finished: 1.9 new residents for every new home.

New residents per new home, 2025
1.9
Population change, 2025
+1,370

3.5% of the 46,688 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
3.5%
Empty homes
1,650

In 2025, 5% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
5%