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House Prices in LE5

The average house price in LE5 (Leicester) is £227,556 using HM Land Registry data.

The average property price increased by £42,923 (11.88%) over the last 5 years and increased by £8,581 (2.17%) over the last 12 months.

Over the last year, there were 430 residential property sales – a decrease of 94 transactions (-21.86%) relative to the previous year. The majority of house sales (119) were in the £254,000 - £306,000 range. Then came properties in the £202,000 - £254,000 range, where 82 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 75 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,407 (-3%).

In Aug 2026, there were 92 new estate agency instructions, 53 agreed home sales and 76 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) - Aug 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
29 Woodborough Road, Leicester, LE5 4LR	£310,000	£305,000	-£5,000	07 Nov 2025	17 Jul 2026	252 Days
147 Humberstone Drive, Leicester, LE5 0RF	£240,000	£223,000	-£17,000	15 Aug 2025	06 Jul 2026	325 Days
50 Bodnant Avenue, Leicester, LE5 5RA	£350,000	£350,000	£0	10 Jan 2026	03 Jul 2026	174 Days
43 Radstone Walk, Leicester, LE5 4UH	£140,000	£115,000	-£25,000	08 Aug 2025	02 Jul 2026	328 Days
6 Marsham Close, Leicester, LE5 1PW	£235,000	£233,000	-£2,000	19 Apr 2026	29 Jun 2026	71 Days
268 Scraptoft Lane, Leicester, LE5 1PA	£375,000	£375,000	£0	23 Apr 2026	26 Jun 2026	64 Days
Apartment F26, 45, Grosvenor Gate, Leicester, LE5 0TL	£125,000	£120,000	-£5,000	04 Mar 2026	26 Jun 2026	114 Days
39 Lynmouth Road, Leicester, LE5 1NB	£315,000	£307,000	-£8,000	02 Mar 2026	25 Jun 2026	115 Days
49 Osborne Road, Leicester, LE5 5ET	£185,000	£180,000	-£5,000	13 Mar 2026	18 Jun 2026	97 Days
22 Padside Close, Leicester, LE5 1PE	£150,000	£149,000	-£1,000	28 Jan 2026	05 Jun 2026	128 Days
3 Albermarle Close, Leicester, LE5 0RG	£300,000	£291,000	-£9,000	07 Jan 2026	05 Jun 2026	149 Days
1 Compass Road, Leicester, LE5 2HH	£330,000	£312,500	-£17,500	20 Feb 2026	01 Jun 2026	101 Days
73 Wigley Road, Leicester, LE5 1JJ	£490,000	£480,000	-£10,000	29 Sep 2025	29 May 2026	242 Days
23 Fulbeck Avenue, Leicester, LE5 6PP	£350,000	£340,000	-£10,000	03 Feb 2026	29 May 2026	115 Days
160 Kedleston Road, Leicester, LE5 5BL	£350,000	£347,500	-£2,500	15 Jan 2026	29 May 2026	134 Days
21 Meadowsweet Road, Leicester, LE5 1TP	£250,000	£250,000	£0	12 Nov 2025	22 May 2026	191 Days
4 Hanworth Close, Leicester, LE5 1UU	£335,000	£332,500	-£2,500	15 Nov 2025	19 May 2026	185 Days
66 Laverton Road, Leicester, LE5 1WJ	£620,000	£605,000	-£15,000	21 Jul 2025	18 May 2026	301 Days
215 Coleman Road, Leicester, LE5 4LH	£225,000	£221,000	-£4,000	25 Feb 2026	15 May 2026	79 Days
24 Church Road, Evington, Leicester, LE5 6FA	£325,000	£302,000	-£23,000	13 Nov 2025	06 May 2026	174 Days

Most Expensive Streets in LE5 (Leicester)

Postcode	Street	Area	Average	No. of Sales
LE5 6AJ	Linden Drive	Leicester	£926,666	3
LE5 6HH	Spencefield Lane	Leicester	£814,375	4
LE5 6HF	Spencefield Lane	Leicester	£568,125	4
LE5 6HT	Uppingham Close	Leicester	£550,000	3
LE5 6LG	Delaware Road	Leicester	£539,167	3
LE5 6GG	Spencefield Lane	Leicester	£498,000	4
LE5 5WA	Coplow Avenue	Leicester	£486,887	4
LE5 5RD	Highway Road	Leicester	£486,666	3
LE5 4DQ	Rockery Close	Leicester	£470,000	4
LE5 1HX	Scraptoft Lane	Leicester	£464,333	3

Least Expensive Streets in LE5 (Leicester)

Postcode	Street	Area	Average	No. of Sales
LE5 4WN	Carrick Point, Falmouth Road	Leicester	£56,200	10
LE5 4ET	Illingworth Road	Leicester	£85,666	3
LE5 1EG	Hotoft Road	Leicester	£95,222	9
LE5 4QE	Rainworth Road	Leicester	£102,875	4
LE5 1EF	Hotoft Road	Leicester	£108,458	12
LE5 0TL	Grosvenor Gate	Leicester	£112,850	23
LE5 3GW	St Georges Mill, Humberstone Road	Leicester	£117,862	4
LE5 4LP	Coleman Close	Leicester	£126,250	4
LE5 1PL	Sandhills Avenue	Leicester	£133,359	16
LE5 1EZ	Keld Drive	Leicester	£135,500	4