House Prices in LE4 House Prices in LE4 (Leicester)

The average house price in LE4 (Leicester) is £269,333 using HM Land Registry data.

The average property price increased by £50,467 (46.91%) over the last 5 years and increased by £10,086 (6.2%) over the last 12 months.

Over the last year, there were 575 residential property sales – a decrease of 195 transactions (-33.91%) relative to the previous year. The majority of house sales (145) were in the £236,000 - £274,000 range. Then came properties in the £274,000 - £312,000 range, where 120 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 57 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,355 (-3%).

In May 2025, there were 95 new estate agency instructions, 110 agreed home sales and 76 property price reductions.

5-Year Average Property Prices in LE4 (Leicester)

46.91%

Property prices in LE4 (Leicester) increased by 46.91% 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

6.2%

Property prices in LE4 (Leicester) increased by 6.2% 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.

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).

Property Market Heat Gauge for LE4 (Leicester) - May 2025

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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
7 Gregory Close, Thurmaston, Leicester, Leicestershire, LE4 8BP£350,000£337,500-£12,50007 May 202424 Feb 2025293 Days
110 Blount Road, Thurmaston, Leicester, Leicestershire, LE4 8LJ£240,000£235,000-£5,00010 Oct 202421 Feb 2025134 Days
4 Chappell Close, Thurmaston, Leicester, Leicestershire, LE4 8DZ£240,000£240,000£020 May 202417 Feb 2025273 Days
63 Hill Rise, Birstall, Leicester, Leicestershire, LE4 4LL£325,000£310,000-£15,00019 May 202314 Feb 2025637 Days
6 Tilbury Crescent, Leicester, LE4 9HH£240,000£237,000-£3,00010 May 202414 Feb 2025280 Days
46 Sutton Avenue, Leicester, LE4 6RW£385,000£350,000-£35,00013 Oct 202414 Feb 2025124 Days
8 Hermitage Road, Birstall, Leicester, Leicestershire, LE4 4AN£475,000£430,000-£45,00007 Jul 202414 Feb 2025222 Days
58 Ireton Road, Leicester, LE4 9ES£250,000£245,000-£5,00005 Sep 202412 Feb 2025160 Days
7 Lintlaw Close, Leicester, LE4 7YH£325,000£320,000-£5,00015 Aug 202410 Feb 2025179 Days
16 Morpeth Avenue, Leicester, LE4 2NA£190,000£190,000£026 Nov 202407 Feb 202573 Days
10 Beauville Drive, Leicester, LE4 0PT£230,000£200,000-£30,00006 Sep 202406 Feb 2025153 Days
37 Clayton Drive, Thurmaston, Leicester, Leicestershire, LE4 8LQ£175,000£170,000-£5,00006 Dec 202406 Feb 202562 Days
38 Holt Road, Birstall, Leicester, Leicestershire, LE4 4AP£365,000£350,000-£15,00009 Jul 202406 Feb 2025212 Days
13 Farm Close, Birstall, Leicester, Leicestershire, LE4 4EG£450,000£433,000-£17,00020 May 202423 Jan 2025248 Days
164 Abbey Lane, Leicester, LE4 0DA£275,000£251,000-£24,00016 Jul 202422 Jan 2025190 Days
14 Kingsgate Avenue, Birstall, Leicester, Leicestershire, LE4 3HA£375,000£365,000-£10,00019 Jul 202421 Jan 2025186 Days
22 Savernake Road, Leicester, LE4 0GT£400,000£390,000-£10,00009 Jun 202417 Jan 2025222 Days
12 Elmdale Street, Leicester, LE4 5JA£130,000£105,000-£25,00003 Oct 202310 Jan 2025465 Days
7 Amberley Close, Thurmaston, Leicester, Leicestershire, LE4 8HW£260,000£250,000-£10,00026 Apr 202407 Jan 2025256 Days
25 Walnut Avenue, Birstall, Leicester, Leicestershire, LE4 3EB£325,000£325,000£016 Jul 202403 Jan 2025171 Days

Most Expensive Streets in LE4 (Leicester)

PostcodeStreetAreaAverageNo. of Sales
LE4 4DFBirstall RoadLeicester£655,0003
LE4 3AUPark RoadLeicester£623,7374
LE4 4BFRoman RoadLeicester£569,2173
LE4 4AFCurzon AvenueLeicester£522,5003
LE4 4BERoman RoadLeicester£509,1663
LE4 2WLTop Field RoadLeicester£474,5003
LE4 4ABCurzon AvenueLeicester£448,7504
LE4 2QPKingsbarn RoadLeicester£414,1506
LE4 3LFFar Pastures RoadLeicester£411,0003
LE4 4DJBirstall RoadLeicester£410,9378

Least Expensive Streets in LE4 (Leicester)

PostcodeStreetAreaAverageNo. of Sales
LE4 7WALonghurst CloseLeicester£59,0006
LE4 4DYSt James Court, Front Street, LeicesterLeicester£99,2508
LE4 1BXLaithwaite CloseLeicester£112,9287
LE4 9WZWarren ViewLeicester£115,4166
LE4 4FWLambourne RoadLeicester£119,7504
LE4 0AJBlackbird RoadLeicester£121,1005
LE4 0AWBradgate StreetLeicester£124,2857
LE4 0UXLinney RoadLeicester£127,0003
LE4 0BLMontvale GardensLeicester£135,92514
LE4 5BRBeagle CloseLeicester£136,6005

Explore LE4 (Leicester) using map

5.0 / 5

Five Stars

Verified
Customer
Reviews

Google Reviews
Reviews.io
Trustpilot
View our reviews
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.