You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in LE4

House Prices in LE4

The average house price in LE4 (Leicester) is £324,140 using HM Land Registry data.

The average property price increased by £34,794 (14.92%) over the last 5 years and increased by £6,956 (2.66%) over the last 12 months.

Over the last year, there were 672 residential property sales – a decrease of 144 transactions (-21.43%) relative to the previous year. The majority of house sales (146) were in the £246,000 - £284,000 range. Then came properties in the £208,000 - £246,000 range, where 130 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 51 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,716 (-3%).

In Jul 2026, there were 126 new estate agency instructions, 97 agreed home sales and 92 property price reductions.

5-Year Average Property Prices in LE4 (Leicester)

14.92%

Property prices in LE4 (Leicester) increased by 14.92% 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 LE4 (Leicester) Over the Last Year

2.66%

Property prices in LE4 (Leicester) increased by 2.66% 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 LE4 (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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer 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 LE4 (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 LE4 (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 LE4 (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 LE4 (Leicester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LE4 postcode area since 1995.

Recent Sales in LE4 (Leicester)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
6 Watermead Way, Leicester, LE4 3BX	£325,000	£321,000	-£4,000	17 Jul 2025	11 May 2026	298 Days
14 Greenwood Close, Leicester, LE4 8JZ	£250,000	£230,000	-£20,000	03 Dec 2025	07 May 2026	155 Days
4 Savernake Road, Leicester, LE4 0GT	£250,000	£240,000	-£10,000	09 Sep 2025	01 May 2026	234 Days
57 Clayton Drive, Leicester, LE4 8LQ	£180,000	£170,000	-£10,000	13 Feb 2026	30 Apr 2026	76 Days
47 Blackthorn Drive, Leicester, LE4 1BJ	£260,000	£255,000	-£5,000	15 Jul 2025	29 Apr 2026	288 Days
5 Corbridge Close, Leicester, LE4 5EF	£325,000	£320,000	-£5,000	17 Mar 2026	24 Apr 2026	38 Days
89 Wanlip Lane, Leicester, LE4 4GJ	£300,000	£289,000	-£11,000	13 Nov 2025	24 Apr 2026	162 Days
Flat D, 15 Manor House, Montvale Gardens, Leicester, LE4 0BL	£155,000	£150,000	-£5,000	14 Jul 2025	22 Apr 2026	282 Days
6 Huntsmans Way, Leicester, LE4 7ZG	£155,000	£155,000	£0	07 Feb 2026	17 Apr 2026	69 Days
20 Stancliff Road, Leicester, LE4 9HP	£270,000	£260,000	-£10,000	19 Jun 2025	17 Apr 2026	302 Days
56 Oakwood Road, Leicester, LE4 0BD	£350,000	£331,000	-£19,000	16 Sep 2025	17 Apr 2026	213 Days
697a, Melton Road, Leicester, LE4 8ED	£260,000	£257,500	-£2,500	26 May 2025	15 Apr 2026	324 Days
2 Pinewood Avenue, Leicester, LE4 8HZ	£300,000	£292,000	-£8,000	24 Nov 2025	10 Apr 2026	137 Days
15 Langton Way, Leicester, LE4 5FL	£350,000	£340,000	-£10,000	08 Sep 2025	07 Apr 2026	211 Days
89 Kincaple Road, Leicester, LE4 7YD	£240,000	£235,000	-£5,000	05 Jun 2025	02 Apr 2026	301 Days
25 Newham Close, Leicester, LE4 9NE	£230,000	£230,000	£0	10 Sep 2025	02 Apr 2026	204 Days
24 Hogarth Road, Leicester, LE4 2SA	£425,000	£425,000	£0	22 Dec 2025	31 Mar 2026	99 Days
45 Colby Drive, Leicester, LE4 8LD	£510,000	£485,000	-£25,000	18 Sep 2025	27 Mar 2026	190 Days
8 Wavertree Drive, Leicester, LE4 7NU	£395,000	£375,000	-£20,000	11 Sep 2025	27 Mar 2026	197 Days
21 Wolsey Island Way, Leicester, LE4 5FA	£180,000	£180,000	£0	10 Apr 2025	27 Mar 2026	351 Days

Most Expensive Streets in LE4 (Leicester)

Postcode	Street	Area	Average	No. of Sales
LE4 5PE	Church Road, Belgrave	Leicester	£626,666	3
LE4 4BF	Roman Road, Birstall	Leicester	£521,700	3
LE4 4AF	Curzon Avenue, Birstall	Leicester	£500,625	4
LE4 2WD	Deanery Crescent	Leicester	£495,000	3
LE4 4DJ	Birstall Road	Leicester	£465,357	7
LE4 3DS	Oakfield Avenue	Leicester	£455,000	3
LE4 2BU	Dovecote Road	Leicester	£452,250	3
LE4 2AE	Ashton Green Road	Leicester	£451,666	3
LE4 2WL	Top Field Road	Leicester	£434,110	10
LE4 3LF	Far Pastures Road	Leicester	£432,000	4

Least Expensive Streets in LE4 (Leicester)

Postcode	Street	Area	Average	No. of Sales
LE4 7WA	Longhurst Close	Leicester	£59,666	6
LE4 4DY	St James Court, Front Street, Leicester	Leicester	£100,555	9
LE4 0AJ	Blackbird Road	Leicester	£120,125	4
LE4 9WZ	Warren View	Leicester	£123,571	7
LE4 0AW	Bradgate Street	Leicester	£125,000	7
LE4 9AJ	Onyx Crescent	Leicester	£125,833	3
LE4 6QN	Harrison Road	Leicester	£128,666	3
LE4 1BX	Laithwaite Close	Leicester	£129,388	9
LE4 5QB	Beaumanor Road	Leicester	£130,700	5
LE4 0BL	Montvale Gardens	Leicester	£134,853	14