House Prices in LE8 House Prices in LE8 (Leicester)

The average house price in LE8 (Leicester) is £353,375 using HM Land Registry data.

The average property price increased by £6,207 (2.06%) over the last 5 years and increased by £1,241 (0.4%) over the last 12 months.

Over the last year, there were 453 residential property sales – a decrease of 158 transactions (-34.88%) relative to the previous year. The majority of house sales (134) were in the £264,000 - £328,000 range. Then came properties in the £200,000 - £264,000 range, where 108 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 51 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,314 (-2%).

In Jul 2026, there were 95 new estate agency instructions, 67 agreed home sales and 70 property price reductions.

5-Year Average Property Prices in LE8 (Leicester)

2.06%

Property prices in LE8 (Leicester) increased by 2.06% 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 LE8 (Leicester) Over the Last Year

0.4%

Property prices in LE8 (Leicester) increased by 0.4% 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.

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).

Property Market Heat Gauge for LE8 (Leicester) - Jul 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 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 LE8 (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 LE8 (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 LE8 (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 LE8 (Leicester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LE8 postcode area since 1995.

Recent Sales in LE8 (Leicester)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
6 Stretton Road, Leicester, LE8 9GN£260,000£260,000£021 May 202622 May 20261 Days
1e, The Fairway, Leicester, LE8 4EN£389,950£388,000-£1,95006 Mar 202622 May 202677 Days
1 Short Close, Leicester, LE8 8TL£225,000£220,000-£5,00028 Aug 202508 May 2026253 Days
22 Maurice Drive, Leicester, LE8 5PH£325,000£320,000-£5,00015 Dec 202528 Apr 2026134 Days
27 Oak Tree Road, Leicester, LE8 9HP£350,000£345,000-£5,00005 Aug 202524 Apr 2026262 Days
21 Langdale, Fleckney, LE8 8TF£250,000£235,000-£15,00008 Nov 202524 Apr 2026167 Days
55 College Road, Leicester, LE8 6JF£220,000£220,000£003 Feb 202623 Apr 202679 Days
24 King Street, Leicester, LE8 6LS£187,950£184,000-£3,95014 Nov 202523 Apr 2026160 Days
56 The Fairway, Blaby, LE8 4EL£270,000£270,000£020 Nov 202522 Apr 2026153 Days
114 Enderby Road, Leicester, LE8 6JH£325,000£320,000-£5,00007 Oct 202517 Apr 2026192 Days
8 Rose Yard, Leicester, LE8 0XU£325,000£325,000£003 Oct 202517 Apr 2026196 Days
15 Dairy Way, Leicester, LE8 0SU£290,000£280,000-£10,00025 Nov 202516 Apr 2026142 Days
34 Main Street, Kibworth Harcourt, LE8 0NQ£375,000£350,000-£25,00022 Oct 202514 Apr 2026174 Days
29 Elliot Close, Leicester, LE8 0EZ£319,950£300,000-£19,95007 Jan 202609 Apr 202692 Days
16 Barnards Way, Leicester, LE8 0RS£510,000£500,000-£10,00022 Jun 202508 Apr 2026290 Days
10 Saddington Road, Leicester, LE8 8AW£280,000£265,000-£15,00006 Jan 202608 Apr 202692 Days
5 Polwell Road, Leicester, LE8 0RW£350,000£345,000-£5,00002 Jan 202608 Apr 202696 Days
18 Barnards Way, Leicester, LE8 0RS£650,000£630,000-£20,00029 Sep 202508 Apr 2026191 Days
59 Finch Road, Leicester, LE8 0WE£390,000£378,000-£12,00011 Mar 202602 Apr 202622 Days
21 Folley Road, Leicester, LE8 0PF£390,000£370,000-£20,00002 Jul 202501 Apr 2026273 Days

Most Expensive Streets in LE8 (Leicester)

PostcodeStreetAreaAverageNo. of Sales
LE8 9DABeadswell LaneLeicester£1,150,0003
LE8 0PSHardwick Drive, ShangtonLeicester£1,034,58312
LE8 5UQMain StreetLeicester£861,6663
LE8 5USSchool LaneLeicester£860,0003
LE8 0PJMain StreetLeicester£771,5559
LE8 9FHGlen RoadLeicester£766,2229
LE8 9FXMeadow Hill, Great GlenLeicester£740,0003
LE8 0JSRochester CloseLeicester£706,2504
LE8 5WGMill Hill RoadLeicester£679,2504
LE8 5UAWilloughby RoadLeicester£656,6666

Least Expensive Streets in LE8 (Leicester)

PostcodeStreetAreaAverageNo. of Sales
LE8 8UPByron Court, Byron CloseLeicester£105,9005
LE8 8DQRusset House, Orchard Street, LeicesterLeicester£120,3905
LE8 6ZHWinterburn GardensLeicester£131,58312
LE8 0XJChamberlain Close, Kibworth BeauchampLeicester£131,6663
LE8 9ENStonehill CourtLeicester£133,5005
LE8 4FZForge Corner, Enderby RoadLeicester£134,5004
LE8 6HUSpinney HaltLeicester£135,2506
LE8 4HTWykeham CloseLeicester£138,4003
LE8 0ESBarnes CloseLeicester£147,8754
LE8 4HWOrchard Mews, Sycamore Street, LeicesterLeicester£147,9163

Explore LE8 (Leicester) using map

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