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House Prices in LE5

The average house price in LE5 (Leicester) is £313,850 using HM Land Registry data.

The average property price increased by £30,645 (11.88%) over the last 5 years and increased by £6,127 (2.17%) over the last 12 months.

Over the last year, there were 376 residential property sales – a decrease of 183 transactions (-48.67%) relative to the previous year. The majority of house sales (114) were in the £234,000 - £286,000 range. Then came properties in the £286,000 - £338,000 range, where 62 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 64 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,069 (-3%).

In Apr 2026, there were 78 new estate agency instructions, 55 agreed home sales and 51 property price reductions.

5-Year Average Property Prices in LE5 (Leicester)

11.88%

Property prices in LE5 (Leicester) increased by 11.88% 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 LE5 (Leicester) Over the Last Year

2.17%

Property prices in LE5 (Leicester) increased by 2.17% 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 LE5 (Leicester) - Apr 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 LE5 (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 LE5 (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 LE5 (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 LE5 (Leicester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LE5 postcode area since 1995.

Recent Sales in LE5 (Leicester)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
7 Kestrel Close, Leicester, LE5 3FR	£270,000	£266,000	-£4,000	18 Dec 2025	13 Mar 2026	85 Days
82 Thurncourt Road, Leicester, LE5 2NF	£210,000	£210,000	£0	06 Nov 2025	05 Mar 2026	119 Days
42 Hextall Road, Leicester, LE5 6AF	£340,000	£335,000	-£5,000	03 Oct 2025	05 Mar 2026	153 Days
7 Rockery Close, Leicester, LE5 4DQ	£410,000	£410,000	£0	30 Jul 2025	02 Mar 2026	215 Days
45 Barbara Avenue, Leicester, LE5 2AD	£275,000	£275,000	£0	15 Jan 2026	27 Feb 2026	43 Days
5 Brocklesby Way, Leicester, LE5 1LB	£230,000	£220,000	-£10,000	20 Jul 2025	27 Feb 2026	222 Days
62 Perkyn Road, Leicester, LE5 2EW	£250,000	£250,000	£0	11 Nov 2025	27 Feb 2026	108 Days
32 Gelert Avenue, Leicester, LE5 2NS	£250,000	£235,000	-£15,000	12 Nov 2025	27 Feb 2026	107 Days
16 Kinsley Road, Leicester, LE5 1GL	£310,000	£295,000	-£15,000	08 Aug 2025	26 Feb 2026	202 Days
235 Mere Road, Leicester, LE5 5GR	£275,000	£265,000	-£10,000	26 Sep 2025	20 Feb 2026	147 Days
51 Moulton Road, Leicester, LE5 1BS	£269,000	£269,000	£0	31 Mar 2025	13 Feb 2026	319 Days
25 Saxthorpe Road, Leicester, LE5 1PT	£415,000	£400,000	-£15,000	19 Aug 2025	10 Feb 2026	175 Days
12 Padside Row, Leicester, LE5 1WA	£150,000	£145,000	-£5,000	04 Sep 2025	06 Feb 2026	155 Days
26 Winchendon Close, Leicester, LE5 0NE	£230,000	£225,000	-£5,000	04 Jun 2025	06 Feb 2026	247 Days
27 Timble Road, Leicester, LE5 1NS	£270,000	£260,000	-£10,000	14 Oct 2025	03 Feb 2026	112 Days
38 Kingsway Road, Leicester, LE5 5TJ	£425,000	£415,000	-£10,000	20 Aug 2025	30 Jan 2026	163 Days
66 Crown Hills Avenue, Leicester, LE5 4HE	£290,000	£285,000	-£5,000	14 Aug 2025	30 Jan 2026	169 Days
46 Sherrard Road, Leicester, LE5 3DS	£250,000	£247,000	-£3,000	20 Jun 2025	30 Jan 2026	224 Days
16 Linton Street, Leicester, LE5 5JA	£170,000	£167,500	-£2,500	29 May 2025	29 Jan 2026	245 Days
18 Stonebridge Street, Leicester, LE5 3PA	£260,000	£255,000	-£5,000	23 Jun 2025	28 Jan 2026	219 Days

Most Expensive Streets in LE5 (Leicester)

Postcode	Street	Area	Average	No. of Sales
LE5 6AJ	Linden Drive	Leicester	£851,300	4
LE5 6HH	Spencefield Lane	Leicester	£814,375	4
LE5 6HF	Spencefield Lane	Leicester	£542,499	5
LE5 6LG	Delaware Road	Leicester	£539,167	3
LE5 1DA	Abbots Road South	Leicester	£538,333	3
LE5 6HT	Uppingham Close	Leicester	£538,000	5
LE5 6EA	The Common	Leicester	£508,333	3
LE5 6GG	Spencefield Lane	Leicester	£491,400	5
LE5 5RD	Highway Road	Leicester	£486,666	3
LE5 5WA	Coplow Avenue	Leicester	£479,250	4

Least Expensive Streets in LE5 (Leicester)

Postcode	Street	Area	Average	No. of Sales
LE5 4WN	Carrick Point, Falmouth Road	Leicester	£56,409	11
LE5 4ET	Illingworth Road	Leicester	£85,666	3
LE5 4QE	Rainworth Road	Leicester	£90,300	5
LE5 1EG	Hotoft Road	Leicester	£95,222	9
LE5 1EF	Hotoft Road	Leicester	£107,607	14
LE5 0TL	Grosvenor Gate	Leicester	£117,402	25
LE5 3GW	St Georges Mill, Humberstone Road	Leicester	£117,862	4
LE5 4LP	Coleman Close	Leicester	£126,250	4
LE5 1PL	Sandhills Avenue	Leicester	£130,171	19
LE5 1EZ	Keld Drive	Leicester	£135,500	4