Carter Oliver - Magazine - Page 3
LEICESTERSHIRE PROPERTY
MARKET TODAY: DRIVING
GROWTH AND OPPORTUNITY
£283,000, also 6.5% higher year on year.
Elsewhere, Charnwood recorded annual
house price growth of 3.8%, taking its
average to £277,000, while Hinckley and
Bosworth rose 2.9% to £262,000. Melton
also moved higher, with the average
property worth £284,000 after annual
growth of 2.2%. Leicester itself saw its
average price rise to £229,000, 1.7% higher
than a year earlier.
RENTAL GROWTH CREATES
landlord opportunity
The rental sector is delivering particularly
encouraging figures. North West
Leicestershire stands out once again,
where the average monthly private rent
reached £910 in July, up 9.7% over the
year. Melton recorded rental growth of
6.5%, with average monthly rents
reaching £796, while Blaby saw rents rise
6.1% to £994. Oadby and Wigston
recorded a 4.1% increase to £1,025,
Charnwood rose 4.0% to £958, and
Hinckley and Bosworth climbed 3.8% to
£933. Leicester also continued to move
upwards, with average private rents
reaching £1,024 per month, 2.3% higher
than a year earlier. For landlords, these
figures underline the continuing value of
well presented, professionally managed
homes in areas where tenants are
prepared to pay more for the right
property.
AUTUMN BUYERS ARE
RETURNING
The wider market is also showing signs of
renewed momentum as the traditional
autumn selling season begins. Zoopla
reported in late August that searches for
homes across the UK were 7% higher
than a year earlier, their strongest annual
increase for 12 months.
That increase in buyer interest provides
an encouraging backdrop for
Leicestershire sellers, particularly in areas
already recording above average price
growth. With more prospective movers
actively searching again, attractive homes
coming to market have a fresh
opportunity to capture attention during
one of the year’s key moving periods.
A COUNTY WITH BROAD
APPEAL
Leicestershire continues to offer the
qualities that support sustained property
demand: a major city, popular market
towns, attractive villages, strong
employment centres and excellent road
and rail connections. The county also
offers a broad range of property, from
accessible first homes and traditional
terraces to larger family houses and rural
homes. The recent figures reinforce that
breadth. Strong price growth in locations
such as Harborough and North West
Leicestershire sits alongside rising rents
across much of the county, creating
positive conditions for both owner
occupiers and property investors. That
combination gives Leicestershire an
attractive balance of affordability, choice
and lasting potential for buyers and
investors alike. As we move deeper into
autumn, Leicestershire’s property market
has good reason to remain firmly on the
radar. For sellers considering a move and
landlords reviewing their portfolios,
October arrives with encouraging
evidence of rising values, stronger rents
and returning buyer interest.
LIFESTYLE MAGAZINE
3
