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House Prices in LE8

The average house price in LE8 (Leicester) is £281,463 using HM Land Registry data.

The average property price increased by £6,790 (2.06%) over the last 5 years and increased by £1,357 (0.4%) over the last 12 months.

Over the last year, there were 444 residential property sales – a decrease of 180 transactions (-40.54%) relative to the previous year. The majority of house sales (120) were in the £262,000 - £324,000 range. Then came properties in the £200,000 - £262,000 range, where 105 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 £-8,931 (-2%).

In Apr 2026, there were 110 new estate agency instructions, 80 agreed home sales and 56 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.

Property Market Heat Gauge for LE8 (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 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
43 Fleckney Road, Leicester, LE8 0HF	£229,950	£213,000	-£16,950	04 Sep 2025	27 Mar 2026	204 Days
2 Short Row, The Square, Leicester, LE8 9FQ	£295,000	£292,630	-£2,370	30 Jan 2026	13 Mar 2026	42 Days
4 Freer Close, Leicester, LE8 4FX	£350,000	£338,000	-£12,000	15 Jul 2025	12 Mar 2026	240 Days
1 Furnival Close, Leicester, LE8 8DZ	£429,000	£419,000	-£10,000	07 Nov 2025	10 Mar 2026	123 Days
10 Dribdale, Leicester, LE8 8TQ	£225,000	£220,000	-£5,000	03 Dec 2025	06 Mar 2026	93 Days
1 West Street, Leicester, LE8 4GY	£240,000	£240,000	£0	04 Oct 2025	05 Mar 2026	152 Days
68 Ridleys Close, Leicester, LE8 5AH	£485,000	£485,000	£0	03 Oct 2025	27 Feb 2026	147 Days
15 The Leys, Leicester, LE8 0NZ	£270,000	£260,000	-£10,000	12 Nov 2025	27 Feb 2026	107 Days
4 Rectory Lane, Leicester, LE8 0NW	£375,000	£360,000	-£15,000	12 May 2025	27 Feb 2026	291 Days
19 Ripon Drive, Blaby, LE8 4AU	£280,000	£278,000	-£2,000	29 May 2025	27 Feb 2026	274 Days
16 School Street, Leicester, LE8 8AS	£300,000	£300,000	£0	13 Jun 2025	27 Feb 2026	259 Days
29 Brookfield Way, Leicester, LE8 0SA	£485,000	£477,000	-£8,000	18 Sep 2025	27 Feb 2026	162 Days
9 Paddock Way, Leicester, LE8 9HL	£725,000	£715,000	-£10,000	23 Apr 2025	26 Feb 2026	309 Days
4 Hensman Close, Leicester, LE8 8UJ	£330,000	£320,000	-£10,000	15 Oct 2025	20 Feb 2026	128 Days
13 Station Road, Countesthorpe, LE8 5TA	£260,000	£246,500	-£13,500	10 Nov 2025	20 Feb 2026	102 Days
47 Sanderson Close, Leicester, LE8 6ER	£325,000	£315,000	-£10,000	11 Oct 2025	20 Feb 2026	132 Days
3 Bute Way, Leicester, LE8 5TX	£320,000	£316,250	-£3,750	06 Mar 2025	18 Feb 2026	349 Days
11 Wagtail Avenue, Kibworth Beauchamp, LE8 0XN	£150,000	£150,000	£0	03 Sep 2025	16 Feb 2026	166 Days
33 Lodge Road, Leicester, LE8 8BX	£290,000	£268,000	-£22,000	05 Aug 2025	13 Feb 2026	192 Days
Ivy Cottage, Rectory End, Leicester, LE8 9EW	£1,250,000	£1,250,000	£0	04 Sep 2025	12 Feb 2026	161 Days

Most Expensive Streets in LE8 (Leicester)

Postcode	Street	Area	Average	No. of Sales
LE8 9DA	Beadswell Lane	Leicester	£1,150,000	3
LE8 0PS	Hardwick Drive, Shangton	Leicester	£984,615	13
LE8 5US	School Lane	Leicester	£860,000	3
LE8 9FH	Glen Road	Leicester	£766,222	9
LE8 9FX	Meadow Hill, Great Glen	Leicester	£740,000	3
LE8 0PJ	Main Street	Leicester	£729,142	7
LE8 0NA	Albert Street	Leicester	£715,000	3
LE8 5UA	Willoughby Road	Leicester	£685,000	7
LE8 5WG	Mill Hill Road	Leicester	£679,250	4
LE8 4GG	Hall Farm Close	Leicester	£663,214	7

Least Expensive Streets in LE8 (Leicester)

Postcode	Street	Area	Average	No. of Sales
LE8 8UP	Byron Court, Byron Close	Leicester	£105,900	5
LE8 8DQ	Russet House, Orchard Street, Leicester	Leicester	£121,991	6
LE8 6ZH	Winterburn Gardens	Leicester	£131,583	12
LE8 9EN	Stonehill Court	Leicester	£133,500	5
LE8 4FZ	Forge Corner, Enderby Road	Leicester	£134,500	4
LE8 6HU	Spinney Halt	Leicester	£135,250	6
LE8 4HT	Wykeham Close	Leicester	£138,400	3
LE8 0RZ	Old School Court	Leicester	£141,666	3
LE8 4HW	Orchard Mews, Sycamore Street, Leicester	Leicester	£147,916	3
LE8 5LZ	The Vineries	Leicester	£152,250	4