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House Prices in LE3

The average house price in LE3 (Leicester) is £257,666 using HM Land Registry data.

The average property price increased by £16,751 (8.21%) over the last 5 years and increased by £3,349 (1.54%) over the last 12 months.

Over the last year, there were 746 residential property sales – a decrease of 249 transactions (-33.38%) relative to the previous year. The majority of house sales (164) were in the £240,000 - £280,000 range. Then came properties in the £200,000 - £240,000 range, where 139 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 32 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,929 (-3%).

In Jul 2026, there were 155 new estate agency instructions, 109 agreed home sales and 131 property price reductions.

5-Year Average Property Prices in LE3 (Leicester)

8.21%

Property prices in LE3 (Leicester) increased by 8.21% 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 LE3 (Leicester) Over the Last Year

1.54%

Property prices in LE3 (Leicester) increased by 1.54% 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 LE3 (Leicester) - Jul 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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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 LE3 (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 LE3 (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 LE3 (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 LE3 (Leicester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LE3 postcode area since 1995.

Recent Sales in LE3 (Leicester)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
19 Francis Avenue, Leicester, LE3 2PH	£220,000	£220,000	£0	01 Aug 2025	18 May 2026	290 Days
7 Carpenters Close, Leicester, LE3 8RS	£460,000	£460,000	£0	06 Aug 2025	15 May 2026	282 Days
40 Browning Street, Leicester, LE3 0JN	£130,000	£130,000	£0	27 Mar 2026	15 May 2026	49 Days
40 Hopefield Road, Leicester, LE3 2BJ	£195,000	£195,000	£0	11 Mar 2026	15 May 2026	65 Days
63 Shakespeare Drive, Leicester, LE3 2SR	£260,000	£250,000	-£10,000	20 Jan 2026	14 May 2026	114 Days
96 Ainsdale Road, Leicester, LE3 0UB	£400,000	£370,000	-£30,000	19 Sep 2025	08 May 2026	231 Days
88 Tyrrell Street, Leicester, LE3 5SA	£180,000	£170,000	-£10,000	04 Mar 2026	07 May 2026	64 Days
20 Bembridge Road, Leicester, LE3 9AQ	£260,000	£240,000	-£20,000	12 Nov 2025	05 May 2026	174 Days
7b, Dorset Avenue, Leicester, LE3 8BD	£230,000	£230,000	£0	13 Aug 2025	05 May 2026	265 Days
81 Glenfield Road, Leicester, LE3 6AW	£270,000	£265,000	-£5,000	09 Dec 2025	05 May 2026	147 Days
4 Wheatfield Close, Leicester, LE3 8SD	£385,000	£380,000	-£5,000	29 Oct 2025	01 May 2026	184 Days
14 Una Avenue, Leicester, LE3 2GS	£270,000	£265,000	-£5,000	27 Nov 2025	01 May 2026	155 Days
52 Dulverton Road, Leicester, LE3 0SA	£190,000	£185,000	-£5,000	06 Jan 2026	01 May 2026	115 Days
13 Edward Avenue, Braunstone Town, LE3 2PB	£295,000	£275,000	-£20,000	09 Jan 2026	01 May 2026	112 Days
59 Goodheart Way, Thorpe Astley, Leicester, LE3 3RX	£210,000	£209,000	-£1,000	05 Dec 2025	30 Apr 2026	146 Days
9 Heays Close, Leicester, LE3 6LR	£260,000	£256,000	-£4,000	05 Feb 2026	30 Apr 2026	84 Days
7 Wylam Close, Leicester, LE3 9BW	£310,000	£305,000	-£5,000	27 Jan 2026	30 Apr 2026	93 Days
24 Bisley Street, Leicester, LE3 0DA	£90,000	£90,000	£0	20 Oct 2025	30 Apr 2026	192 Days
86 Upperton Road, Leicester, LE3 0HD	£300,000	£295,000	-£5,000	22 Sep 2025	30 Apr 2026	220 Days
2 Hardwick Court, Leicester, LE3 0FN	£135,000	£127,500	-£7,500	10 Dec 2025	30 Apr 2026	141 Days

Most Expensive Streets in LE3 (Leicester)

Postcode	Street	Area	Average	No. of Sales
LE3 8PZ	Waring Close	Leicester	£770,000	3
LE3 8EH	Fairefield Crescent	Leicester	£673,750	4
LE3 8EJ	Fairefield Crescent, Glenfield	Leicester	£629,285	7
LE3 3NU	Forest House Lane	Leicester	£594,990	5
LE3 8PU	Glenfield Frith Drive	Leicester	£593,666	3
LE3 8GN	Groby Road	Leicester	£587,666	3
LE3 8GT	Station Road, Glenfield	Leicester	£560,000	8
LE3 3JT	Hinckley Road	Leicester	£551,900	5
LE3 9QW	Lady Hay Road	Leicester	£523,333	3
LE3 3NZ	Copse Close	Leicester	£520,000	3

Least Expensive Streets in LE3 (Leicester)

Postcode	Street	Area	Average	No. of Sales
LE3 0PE	Narborough Road	Leicester	£78,125	4
LE3 5RT	Fosse Road North	Leicester	£86,175	6
LE3 8BS	Farmstead Close	Leicester	£100,833	3
LE3 6DQ	Denis Close	Leicester	£109,250	6
LE3 0GR	Western Road	Leicester	£110,000	4
LE3 5ER	Fosse Road North	Leicester	£114,000	8
LE3 0TR	Hinckley Road	Leicester	£115,111	9
LE3 0LA	Sykefield Avenue	Leicester	£115,500	4
LE3 5BE	Bath Lane	Leicester	£121,166	3
LE3 8BY	Stephenson Court	Leicester	£122,750	4