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House Prices in LE4

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.

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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
7 Gregory Close, Thurmaston, Leicester, Leicestershire, LE4 8BP	£350,000	£337,500	-£12,500	07 May 2024	24 Feb 2025	293 Days
110 Blount Road, Thurmaston, Leicester, Leicestershire, LE4 8LJ	£240,000	£235,000	-£5,000	10 Oct 2024	21 Feb 2025	134 Days
4 Chappell Close, Thurmaston, Leicester, Leicestershire, LE4 8DZ	£240,000	£240,000	£0	20 May 2024	17 Feb 2025	273 Days
63 Hill Rise, Birstall, Leicester, Leicestershire, LE4 4LL	£325,000	£310,000	-£15,000	19 May 2023	14 Feb 2025	637 Days
6 Tilbury Crescent, Leicester, LE4 9HH	£240,000	£237,000	-£3,000	10 May 2024	14 Feb 2025	280 Days
46 Sutton Avenue, Leicester, LE4 6RW	£385,000	£350,000	-£35,000	13 Oct 2024	14 Feb 2025	124 Days
8 Hermitage Road, Birstall, Leicester, Leicestershire, LE4 4AN	£475,000	£430,000	-£45,000	07 Jul 2024	14 Feb 2025	222 Days
58 Ireton Road, Leicester, LE4 9ES	£250,000	£245,000	-£5,000	05 Sep 2024	12 Feb 2025	160 Days
7 Lintlaw Close, Leicester, LE4 7YH	£325,000	£320,000	-£5,000	15 Aug 2024	10 Feb 2025	179 Days
16 Morpeth Avenue, Leicester, LE4 2NA	£190,000	£190,000	£0	26 Nov 2024	07 Feb 2025	73 Days
10 Beauville Drive, Leicester, LE4 0PT	£230,000	£200,000	-£30,000	06 Sep 2024	06 Feb 2025	153 Days
37 Clayton Drive, Thurmaston, Leicester, Leicestershire, LE4 8LQ	£175,000	£170,000	-£5,000	06 Dec 2024	06 Feb 2025	62 Days
38 Holt Road, Birstall, Leicester, Leicestershire, LE4 4AP	£365,000	£350,000	-£15,000	09 Jul 2024	06 Feb 2025	212 Days
13 Farm Close, Birstall, Leicester, Leicestershire, LE4 4EG	£450,000	£433,000	-£17,000	20 May 2024	23 Jan 2025	248 Days
164 Abbey Lane, Leicester, LE4 0DA	£275,000	£251,000	-£24,000	16 Jul 2024	22 Jan 2025	190 Days
14 Kingsgate Avenue, Birstall, Leicester, Leicestershire, LE4 3HA	£375,000	£365,000	-£10,000	19 Jul 2024	21 Jan 2025	186 Days
22 Savernake Road, Leicester, LE4 0GT	£400,000	£390,000	-£10,000	09 Jun 2024	17 Jan 2025	222 Days
12 Elmdale Street, Leicester, LE4 5JA	£130,000	£105,000	-£25,000	03 Oct 2023	10 Jan 2025	465 Days
7 Amberley Close, Thurmaston, Leicester, Leicestershire, LE4 8HW	£260,000	£250,000	-£10,000	26 Apr 2024	07 Jan 2025	256 Days
25 Walnut Avenue, Birstall, Leicester, Leicestershire, LE4 3EB	£325,000	£325,000	£0	16 Jul 2024	03 Jan 2025	171 Days

Most Expensive Streets in LE4 (Leicester)

Postcode	Street	Area	Average	No. of Sales
LE4 4DF	Birstall Road	Leicester	£655,000	3
LE4 3AU	Park Road	Leicester	£623,737	4
LE4 4BF	Roman Road	Leicester	£569,217	3
LE4 4AF	Curzon Avenue	Leicester	£522,500	3
LE4 4BE	Roman Road	Leicester	£509,166	3
LE4 2WL	Top Field Road	Leicester	£474,500	3
LE4 4AB	Curzon Avenue	Leicester	£448,750	4
LE4 2QP	Kingsbarn Road	Leicester	£414,150	6
LE4 3LF	Far Pastures Road	Leicester	£411,000	3
LE4 4DJ	Birstall Road	Leicester	£410,937	8

Least Expensive Streets in LE4 (Leicester)

Postcode	Street	Area	Average	No. of Sales
LE4 7WA	Longhurst Close	Leicester	£59,000	6
LE4 4DY	St James Court, Front Street, Leicester	Leicester	£99,250	8
LE4 1BX	Laithwaite Close	Leicester	£112,928	7
LE4 9WZ	Warren View	Leicester	£115,416	6
LE4 4FW	Lambourne Road	Leicester	£119,750	4
LE4 0AJ	Blackbird Road	Leicester	£121,100	5
LE4 0AW	Bradgate Street	Leicester	£124,285	7
LE4 0UX	Linney Road	Leicester	£127,000	3
LE4 0BL	Montvale Gardens	Leicester	£135,925	14
LE4 5BR	Beagle Close	Leicester	£136,600	5