7, KING STREET, OADBY, LEICESTER, LE2 5DF - £160,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 KING STREET is a midsized flat of 60m², built sometime between 1991 and 1995, which could now be worth an estimated £146,158. It was last sold for £160,000 in September 2022, which was around 31% above the average September 2022 flat price in the Oadby and Wigston local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was C.

7 KING STREET Sold Prices

Land registry data shows four sales for 7 KING STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Oadby and Wigston local authority area for the corresponding sale date. All of the four 7 KING STREET sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 28 SEP	£160,000	£122,410	31% above HPI
2006 14 JUL	£117,000	£92,183	27% above HPI
1997 30 JUL	£49,950	£30,728	63% above HPI
1995 11 DEC	£48,500	£28,296	71% above HPI

What might 7 KING STREET be worth now?

7 KING STREET might now be worth an estimated £146,158.

This is based on house price deflation of 8.7%, between September 2022 and April 2026, for flats, in the Oadby and Wigston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.7% deflationary decrease is applied to the most recent sale price for 7 KING STREET of £160,000 on 28th September 2022. For the value to have decreased from £160,000 to £146,158 over the four years and five months to April 2026, the following assumptions must hold true:

• The value of 7 KING STREET has moved in line with the HPI for flats in the Oadby and Wigston local authority area.
• The September 2022 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 7 KING STREET has not materially changed since September 2022.

How Large is 7 KING STREET?

7 KING STREET is 60m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 50% of flats in Oadby, based on EPC data. 41% of flats are smaller than 7 KING STREET, and 59% of flats are larger. Note that EPC data is not available for all properties in Oadby.

7 KING STREET: Plot

7 KING STREET sits on a plot of roughly 0.169 of an acre, or 684m².

Where is 7 KING STREET?

7 KING STREET is located in OADBY, in the LE2 postcode district.