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House Prices in LE2

The average house price in LE2 (Leicester) is £315,331 using HM Land Registry data.

The average property price increased by £30,023 (6.01%) over the last 5 years and increased by £6,002 (1.15%) over the last 12 months.

Over the last year, there were 798 residential property sales – a decrease of 303 transactions (-37.97%) relative to the previous year. The majority of house sales (231) were in the £208,000 - £276,000 range. Then came properties in the £140,000 - £208,000 range, where 147 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 279 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,658 (-3%).

In Aug 2026, there were 175 new estate agency instructions, 111 agreed home sales and 150 property price reductions.

5-Year Average Property Prices in LE2 (Leicester)

6.01%

Property prices in LE2 (Leicester) increased by 6.01% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in LE2 (Leicester) Over the Last Year

1.15%

Property prices in LE2 (Leicester) increased by 1.15% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for LE2 (Leicester) - Aug 2026

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in LE2 (Leicester)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in LE2 (Leicester)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in LE2 (Leicester)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the LE2 (Leicester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LE2 postcode area since 1995.

Recent Sales in LE2 (Leicester)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Flat 9, 18 Tiffany Court, Albert Road, Leicester, LE2 2AA	£150,000	£144,950	-£5,050	30 Oct 2025	23 Jul 2026	266 Days
18 Aylestone Drive, Leicester, LE2 8QD	£290,000	£285,000	-£5,000	14 Apr 2026	20 Jul 2026	97 Days
576 Saffron Lane, Leicester, LE2 6SE	£250,000	£250,000	£0	12 Jan 2026	17 Jul 2026	186 Days
16 Sackville Gardens, Leicester, LE2 3TH	£550,000	£525,000	-£25,000	21 Nov 2025	16 Jul 2026	237 Days
64 Hidcote Road, Leicester, LE2 5PF	£400,000	£400,000	£0	26 Feb 2026	15 Jul 2026	139 Days
8 Goldhill Road, Leicester, LE2 3LE	£350,000	£345,000	-£5,000	11 Feb 2026	10 Jul 2026	149 Days
60 Twycross Street, Leicester, LE2 0DW	£280,000	£270,000	-£10,000	12 Nov 2025	07 Jul 2026	237 Days
58 Meadvale Road, Leicester, LE2 3WL	£300,000	£300,000	£0	06 Jan 2026	06 Jul 2026	181 Days
32 Bulwer Road, Leicester, LE2 3BU	£245,000	£242,500	-£2,500	02 Jan 2026	01 Jul 2026	180 Days
23 Hewes Close, Leicester, LE2 9NU	£146,950	£140,000	-£6,950	29 Jan 2026	01 Jul 2026	153 Days
3 Kendrick Drive, Oadby, LE2 5RR	£280,000	£275,000	-£5,000	23 Jan 2026	30 Jun 2026	158 Days
1 Winders Way, Leicester, LE2 8SS	£350,000	£345,000	-£5,000	26 Feb 2026	29 Jun 2026	123 Days
9 Lytham Road, Leicester, LE2 1YD	£250,000	£227,500	-£22,500	23 Apr 2026	26 Jun 2026	64 Days
20 Kilburn Avenue, Oadby, LE2 5FQ	£385,000	£385,000	£0	20 Apr 2026	26 Jun 2026	67 Days
83 Grange Drive, Glen Parva, Leicester, LE2 9PJ	£220,000	£210,000	-£10,000	19 Apr 2026	26 Jun 2026	68 Days
17 Wordsworth Road, Leicester, LE2 6EB	£250,000	£220,000	-£30,000	21 Feb 2026	25 Jun 2026	124 Days
37 Lorne Road, Leicester, LE2 1YH	£250,000	£250,000	£0	24 Mar 2026	24 Jun 2026	92 Days
78 Fairstone Hill, Oadby, LE2 5RJ	£350,000	£320,000	-£30,000	23 Aug 2025	24 Jun 2026	305 Days
55 Foxhunter Drive, Leicester, LE2 5FG	£325,000	£323,000	-£2,000	03 Feb 2026	19 Jun 2026	136 Days
27 Cranfield Road, Leicester, LE2 8QR	£250,000	£245,000	-£5,000	10 Nov 2025	15 Jun 2026	217 Days

Most Expensive Streets in LE2 (Leicester)

Postcode	Street	Area	Average	No. of Sales
LE2 4QP	Woodlands Close, Stretton Hall	Leicester	£1,143,333	3
LE2 4QX	Chestnut Drive, Stretton Hall	Leicester	£1,039,250	8
LE2 2LT	Southmeads Close	Leicester	£895,000	4
LE2 3TJ	Southernhay Road	Leicester	£867,166	3
LE2 2RJ	Stoughton Drive South, Oadby	Leicester	£832,500	3
LE2 4FG	Manor Road Extension, Oadby	Leicester	£823,750	4
LE2 4FE	Manor Close, Oadby	Leicester	£820,000	3
LE2 2DQ	Powys Avenue, Oadby	Leicester	£791,666	3
LE2 2DB	Bankart Avenue	Leicester	£763,333	3
LE2 2RA	Barrington Road	Leicester	£761,833	3

Least Expensive Streets in LE2 (Leicester)

Postcode	Street	Area	Average	No. of Sales
LE2 7NT	Primus Place, Gateway Street, Leicester	Leicester	£66,833	3
LE2 7DN	Primus Edge, Atkins Street, Leicester	Leicester	£68,250	6
LE2 4LZ	St Pauls Close, Oadby	Leicester	£101,875	6
LE2 2EJ	Lyndwood Court	Leicester	£104,666	6
LE2 1ZE	The Hollies, London Road	Leicester	£106,000	3
LE2 1ZF	London Road	Leicester	£110,857	7
LE2 2AP	Lyndhurst Court, London Road	Leicester	£111,032	8
LE2 5BF	The Parade, Oadby	Leicester	£111,125	4
LE2 0JA	Andover Street	Leicester	£111,333	3
LE2 0UJ	Pegasus Close	Leicester	£111,666	3