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House Prices in LE6

The average house price in LE6 (Leicester) is £259,625 using HM Land Registry data.

The average property price increased by £90,188 (38.98%) over the last 5 years and increased by £18,071 (5.41%) over the last 12 months.

Over the last year, there were 132 residential property sales – a decrease of 13 transactions (-9.85%) relative to the previous year. The majority of house sales (37) were in the £180,000 - £236,000 range. Then came properties in the £236,000 - £292,000 range, where 30 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 230 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,052 (-3%).

In February 2025, there were 16 new estate agency instructions, 14 agreed home sales and 6 property price reductions.

5-Year Average Property Prices in LE6 (Leicester)

38.98%

Property prices in LE6 (Leicester) increased by 38.98% 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 LE6 (Leicester) Over the Last Year

5.41%

Property prices in LE6 (Leicester) increased by 5.41% 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 LE6 (Leicester) - February 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 LE6 (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 LE6 (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 LE6 (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 LE6 (Leicester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LE6 postcode area since 1995.

Recent Sales in LE6 (Leicester)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
1 Ferrers Rise, Groby, Leicester, Leicestershire, LE6 0GS	£280,000	£278,000	-£2,000	04 Sep 2024	21 Jan 2025	139 Days
7 Buttercup Close, Groby, Leicester, Leicestershire, LE6 0AY	£599,000	£565,000	-£34,000	14 Sep 2024	19 Dec 2024	96 Days
1 Lockley Close, Ratby, Leicester, Leicestershire, LE6 0HP	£300,000	£300,000	£0	08 Oct 2024	19 Dec 2024	72 Days
38 Woodbank Road, Groby, Leicester, Leicestershire, LE6 0BN	£280,000	£277,000	-£3,000	30 Aug 2024	16 Dec 2024	108 Days
14 Stephenson Way, Groby, Leicester, Leicestershire, LE6 0FW	£260,000	£256,000	-£4,000	27 Aug 2024	13 Dec 2024	108 Days
3 Lee Rise, Ratby, Leicester, Leicestershire, LE6 0NX	£270,000	£265,000	-£5,000	04 Sep 2024	12 Dec 2024	99 Days
31 Parklands Avenue, Groby, Leicester, Leicestershire, LE6 0BL	£275,000	£265,000	-£10,000	19 Sep 2024	09 Dec 2024	81 Days
23 Hilary Crescent, Groby, Leicester, Leicestershire, LE6 0BG	£235,000	£220,000	-£15,000	21 May 2024	06 Dec 2024	199 Days
8 Lawnwood Road, Groby, Leicester, Leicestershire, LE6 0BH	£210,000	£210,000	£0	01 Jun 2024	06 Dec 2024	188 Days
5 Wallace Drive, Groby, Leicester, Leicestershire, LE6 0GQ	£295,000	£285,000	-£10,000	12 Jul 2024	22 Nov 2024	133 Days
17 Ingle Drive, Ratby, Leicester, Leicestershire, LE6 0NN	£300,000	£300,000	£0	05 Aug 2024	22 Nov 2024	109 Days
8 Highfield Road, Groby, Leicester, Leicestershire, LE6 0GU	£415,000	£415,000	£0	13 May 2024	20 Nov 2024	191 Days
68 Leicester Road, Groby, Leicester, Leicestershire, LE6 0DN	£375,000	£357,000	-£18,000	26 Mar 2024	18 Nov 2024	237 Days
40 Highfield Road, Groby, Leicester, Leicestershire, LE6 0GU	£450,000	£440,000	-£10,000	16 Jul 2024	11 Oct 2024	87 Days
6 Jordan Court, Ratby, Leicester, Leicestershire, LE6 0HS	£425,000	£420,000	-£5,000	10 Aug 2023	11 Oct 2024	428 Days
48 Station Road, Ratby, Leicester, Leicestershire, LE6 0JN	£135,000	£105,000	-£30,000	12 Sep 2016	04 Oct 2024	2944 Days
111 Stamford Street, Ratby, Leicester, Leicestershire, LE6 0JU	£230,000	£225,000	-£5,000	23 Apr 2024	06 Sep 2024	136 Days
148 Ratby Road, Groby, Leicester, Leicestershire, LE6 0BT	£249,950	£245,000	-£4,950	07 May 2024	06 Sep 2024	122 Days
14 Lockley Close, Ratby, Leicester, Leicestershire, LE6 0HP	£350,000	£350,000	£0	20 Dec 2023	03 Sep 2024	258 Days
5 Bumblebee Close, Ratby, Leicester, Leicestershire, LE6 0PB	£290,000	£290,000	£0	20 May 2024	30 Aug 2024	102 Days

Most Expensive Streets in LE6 (Leicester)

Postcode	Street	Area	Average	No. of Sales
LE6 0AL	Warren Hill, Newtown Linford	Leicester	£2,597,000	5
LE6 0HH	Groby Lane, Newtown Linford	Leicester	£1,007,500	4
LE6 0AF	Main Street, Newtown Linford	Leicester	£807,857	7
LE6 0HB	Bradgate Road, Newtown Linford	Leicester	£786,000	5
LE6 0AD	Main Street, Newtown Linford	Leicester	£672,860	5
LE6 0AT	Johnscliffe Close, Newtown Linford	Leicester	£662,500	3
LE6 0AE	Main Street, Newtown Linford	Leicester	£603,000	5
LE6 0AA	Grey Crescent, Newtown Linford	Leicester	£555,000	8
LE6 0BY	Spinney Close, Groby	Leicester	£530,000	3
LE6 0HA	Bradgate Road, Newtown Linford	Leicester	£514,666	6

Least Expensive Streets in LE6 (Leicester)

Postcode	Street	Area	Average	No. of Sales
LE6 0PP	Stephenson Drive, Ratby	Leicester	£127,550	5
LE6 0HU	Clumber Court, Park Road	Leicester	£132,507	5
LE6 0JA	Berrys Lane, Ratby	Leicester	£152,916	12
LE6 0FF	Bailey View, Groby	Leicester	£156,083	6
LE6 0JG	Main Street, Ratby	Leicester	£168,666	3
LE6 0EL	Willow Drive, Groby	Leicester	£187,600	5
LE6 0JT	Stamford Street, Ratby	Leicester	£188,181	11
LE6 0EN	Lime Avenue, Groby	Leicester	£191,666	3
LE6 0JR	Station Road, Ratby	Leicester	£193,530	20
LE6 0GF	Ratby Road, Groby	Leicester	£193,642	7