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House Prices in LE3

The average house price in LE3 (Leicester) is £249,750 using HM Land Registry data.

The average property price increased by £22,757 (9.52%) over the last 5 years and increased by £4,549 (1.77%) over the last 12 months.

Over the last year, there were 754 residential property sales – a decrease of 179 transactions (-23.74%) relative to the previous year. The majority of house sales (186) were in the £244,000 - £286,000 range. Then came properties in the £160,000 - £202,000 range, where 154 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 85 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,391 (-3%).

In Mar 2026, there were 191 new estate agency instructions, 138 agreed home sales and 125 property price reductions.

5-Year Average Property Prices in LE3 (Leicester)

9.52%

Property prices in LE3 (Leicester) increased by 9.52% 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

1.77%

Property prices in LE3 (Leicester) increased by 1.77% 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) - Mar 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 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
125a, Kingsway North, Leicester, LE3 3BF	£250,000	£248,000	-£2,000	21 Jan 2025	17 Dec 2025	330 Days
3 Astley Close, Leicester, LE3 1JA	£220,000	£210,000	-£10,000	17 Oct 2025	12 Dec 2025	56 Days
12 Fairestone Avenue, Leicester, LE3 8FF	£270,000	£270,000	£0	18 Sep 2025	11 Dec 2025	84 Days
28 Glazebrook Road, Leicester, LE3 9NT	£220,000	£214,000	-£6,000	14 May 2025	08 Dec 2025	208 Days
8 Brickman Close, Leicester, LE3 3NJ	£550,000	£545,000	-£5,000	26 Aug 2025	05 Dec 2025	101 Days
212 Hinckley Road, Leicester, LE3 3LR	£375,000	£375,000	£0	10 Sep 2025	05 Dec 2025	86 Days
40 Smart Close, Thorpe Astley, Leicester, LE3 3RS	£215,000	£210,000	-£5,000	31 May 2025	05 Dec 2025	188 Days
35 Kingsway North, Leicester, LE3 3BD	£205,000	£205,000	£0	15 May 2025	04 Dec 2025	203 Days
6 The Littlefare, Thorpe Astley, Leicester, LE3 3TS	£400,000	£400,000	£0	16 May 2025	03 Dec 2025	201 Days
39 Edward Avenue, Braunstone Town, LE3 2PB	£280,000	£276,000	-£4,000	04 Sep 2025	03 Dec 2025	90 Days
24 Paton Street, Leicester, LE3 0BE	£180,000	£175,000	-£5,000	12 Apr 2025	01 Dec 2025	233 Days
365 Fosse Road North, Leicester, LE3 5RT	£80,000	£75,000	-£5,000	08 Jul 2025	01 Dec 2025	146 Days
85 Tetuan Road, Leicester, LE3 9RT	£260,000	£258,000	-£2,000	25 Jun 2025	28 Nov 2025	156 Days
11 Peartree Close, Leicester, LE3 8RG	£415,000	£410,000	-£5,000	22 Jan 2025	28 Nov 2025	310 Days
21 Wheatfield Close, Glenfield, LE3 8SD	£440,000	£435,000	-£5,000	02 Jul 2025	28 Nov 2025	149 Days
57 Sports Road, Leicester, LE3 8AN	£495,000	£480,000	-£15,000	10 Jun 2025	28 Nov 2025	171 Days
51 Dorchester Road, Leicester, LE3 0UH	£370,000	£365,000	-£5,000	16 May 2025	27 Nov 2025	195 Days
57 Oban Street, Leicester, LE3 9GB	£150,000	£150,000	£0	15 Jul 2025	27 Nov 2025	135 Days
15 Carpenters Close, Leicester, LE3 8RS	£425,000	£400,000	-£25,000	02 Apr 2025	27 Nov 2025	239 Days
38 Hopefield Road, Leicester, LE3 2BJ	£190,000	£185,000	-£5,000	05 Aug 2025	27 Nov 2025	114 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 8PU	Glenfield Frith Drive	Leicester	£593,666	3
LE3 8GN	Groby Road	Leicester	£587,666	3
LE3 3NU	Forest House Lane	Leicester	£579,278	7
LE3 8GT	Station Road, Glenfield	Leicester	£553,333	9
LE3 3JT	Hinckley Road	Leicester	£551,900	5
LE3 9QW	Lady Hay Road	Leicester	£523,333	3
LE3 8PQ	Glenfield Frith Drive	Leicester	£514,400	5

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 6DQ	Denis Close	Leicester	£98,000	3
LE3 2TY	Swithland Court, Pinfold	Leicester	£102,000	3
LE3 0TR	Hinckley Road	Leicester	£110,666	9
LE3 5ER	Fosse Road North	Leicester	£114,000	8
LE3 0LA	Sykefield Avenue	Leicester	£115,500	4
LE3 0GR	Western Road	Leicester	£116,333	3
LE3 8LD	Dupont Gardens	Leicester	£118,866	3
LE3 0LS	Cherryleas Drive	Leicester	£122,562	4