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House Prices in LE5

The average house price in LE5 (Leicester) is £314,272 using HM Land Registry data.

The average property price increased by £42,137 (58.9%) over the last 5 years and increased by £8,422 (7.27%) over the last 12 months.

Over the last year, there were 416 residential property sales – a decrease of 46 transactions (-11.06%) relative to the previous year. The majority of house sales (106) were in the £260,000 - £310,000 range. Then came properties in the £210,000 - £260,000 range, where 103 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 52 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,048 (-4%).

In May 2025, there were 76 new estate agency instructions, 67 agreed home sales and 69 property price reductions.

5-Year Average Property Prices in LE5 (Leicester)

58.9%

Property prices in LE5 (Leicester) increased by 58.9% 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

7.27%

Property prices in LE5 (Leicester) increased by 7.27% 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) - 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 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
17 Roborough Green, Leicester, LE5 2NB	£100,000	£67,000	-£33,000	05 Jun 2014	17 Feb 2025	3910 Days
3 The Hollow, Evington, Leicester, LE5 6DU	£490,000	£470,000	-£20,000	09 Oct 2024	14 Feb 2025	128 Days
314 Gwendolen Road, Leicester, LE5 5FJ	£285,000	£282,500	-£2,500	25 Sep 2024	31 Jan 2025	128 Days
21 Wendys Close, Leicester, LE5 2HY	£175,000	£165,000	-£10,000	20 Mar 2024	21 Jan 2025	307 Days
5 Englefield Road, Leicester, LE5 6PH	£425,000	£410,000	-£15,000	11 Oct 2024	21 Jan 2025	102 Days
8 Greenland Avenue, Leicester, LE5 1AA	£335,000	£335,000	£0	02 Sep 2024	17 Jan 2025	137 Days
5 High Street, Evington, Leicester, LE5 6FH	£195,000	£195,000	£0	06 Jun 2024	17 Jan 2025	225 Days
121 Averil Road, Leicester, LE5 2DE	£295,000	£282,000	-£13,000	07 Oct 2024	07 Jan 2025	92 Days
2 West Drive, Leicester, LE5 1BA	£375,000	£375,000	£0	25 Jul 2024	06 Jan 2025	165 Days
123 Martival, Leicester, LE5 0PJ	£270,000	£265,000	-£5,000	17 Jul 2024	20 Dec 2024	156 Days
9 Greenland Avenue, Leicester, LE5 1AA	£350,000	£345,000	-£5,000	03 Sep 2024	20 Dec 2024	108 Days
11 Drumcliff Road, Leicester, LE5 2LH	£230,000	£200,000	-£30,000	30 Jul 2024	20 Dec 2024	143 Days
21 Haynes Road, Leicester, LE5 4AR	£170,000	£92,423	-£77,577	19 May 2018	20 Dec 2024	2407 Days
5 Bowhill Way, Leicester, LE5 2PA	£210,000	£207,000	-£3,000	22 Aug 2024	20 Dec 2024	120 Days
35 Lynmouth Road, Leicester, LE5 1NB	£325,000	£260,000	-£65,000	17 May 2024	19 Dec 2024	216 Days
73 Balderstone Close, Leicester, LE5 4ES	£220,000	£210,000	-£10,000	06 Jul 2024	18 Dec 2024	165 Days
26 Gough Road, Leicester, LE5 4AL	£300,000	£282,000	-£18,000	08 May 2024	17 Dec 2024	223 Days
26 Morley Road, Leicester, LE5 3HN	£230,000	£220,000	-£10,000	13 Jul 2023	17 Dec 2024	523 Days
2 Norwood Road, Evington, Leicester, LE5 5QF	£325,000	£305,000	-£20,000	27 May 2024	16 Dec 2024	203 Days
22 Newhaven Road, Leicester, LE5 6JG	£450,000	£450,000	£0	08 Jul 2024	12 Dec 2024	157 Days

Most Expensive Streets in LE5 (Leicester)

Postcode	Street	Area	Average	No. of Sales
LE5 6AJ	Linden Drive	Leicester	£780,050	4
LE5 6HH	Spencefield Lane	Leicester	£767,500	3
LE5 2GG	Uppingham Road	Leicester	£591,666	3
LE5 6HF	Spencefield Lane	Leicester	£565,277	9
LE5 1DA	Abbots Road South	Leicester	£526,666	3
LE5 6GG	Spencefield Lane	Leicester	£522,400	5
LE5 6HT	Uppingham Close	Leicester	£517,500	6
LE5 1DB	Abbots Road North	Leicester	£517,000	3
LE5 1BB	Warren Close	Leicester	£493,000	3
LE5 1AR	Tennis Court Drive	Leicester	£477,333	3

Least Expensive Streets in LE5 (Leicester)

Postcode	Street	Area	Average	No. of Sales
LE5 4WN	Carrick Point, Falmouth Road	Leicester	£58,045	11
LE5 0LF	Victoria Road East	Leicester	£73,333	3
LE5 4WH	Falmouth Road	Leicester	£82,000	4
LE5 4ET	Illingworth Road	Leicester	£85,666	3
LE5 4QE	Rainworth Road	Leicester	£90,300	5
LE5 1EG	Hotoft Road	Leicester	£93,888	9
LE5 1EF	Hotoft Road	Leicester	£108,458	12
LE5 3GW	Humberstone Road	Leicester	£108,483	6
LE5 0TL	Grosvenor Gate	Leicester	£120,762	25
LE5 4LP	Coleman Close	Leicester	£126,250	4