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Leicester House Prices

The average house price in Leicester is £286,422 using HM Land Registry data.

The average property price increased by £16,616 (6.63%) over the last 5 years and increased by £3,321 (1.26%) over the last 12 months.

Over the last year, there were 2,197 residential property sales – a decrease of 609 transactions (-27.72%) relative to the previous year. The majority of house sales (541) were in the £236,000 - £284,000 range. Then came properties in the £188,000 - £236,000 range, where 425 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 £-9,761 (-3%).

In Jul 2026, there were 476 new estate agency instructions, 330 agreed home sales and 421 property price reductions.

5-Year Average Property Prices in Leicester

6.63%

Property prices in Leicester increased by 6.63% 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 Leicester Over the Last Year

1.26%

Property prices in Leicester increased by 1.26% 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 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 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 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 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 Leicester since 1995

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

Recent Property Sales in Leicester

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
7 Greenhill Road, Leicester, LE2 3DN	£325,000	£325,000	£0	23 Sep 2025	21 May 2026	240 Days
160 Howard Road, Leicester, LE2 1XL	£375,000	£375,000	£0	01 Jun 2025	20 May 2026	353 Days
38 Allenwood Road, Leicester, LE2 9BD	£250,000	£248,000	-£2,000	21 Oct 2025	19 May 2026	210 Days
19 Francis Avenue, Leicester, LE3 2PH	£220,000	£220,000	£0	01 Aug 2025	18 May 2026	290 Days
5 Franklyn Road, Leicester, LE2 8LN	£260,000	£257,500	-£2,500	19 Nov 2025	15 May 2026	177 Days
21 College Avenue, Leicester, LE2 0JF	£250,000	£238,000	-£12,000	25 Jun 2025	15 May 2026	324 Days
7 Carpenters Close, Leicester, LE3 8RS	£460,000	£460,000	£0	06 Aug 2025	15 May 2026	282 Days
40 Browning Street, Leicester, LE3 0JN	£130,000	£130,000	£0	27 Mar 2026	15 May 2026	49 Days
40 Hopefield Road, Leicester, LE3 2BJ	£195,000	£195,000	£0	11 Mar 2026	15 May 2026	65 Days
63 Shakespeare Drive, Leicester, LE3 2SR	£260,000	£250,000	-£10,000	20 Jan 2026	14 May 2026	114 Days
48 The Newry, Leicester, LE2 6SS	£240,000	£230,000	-£10,000	16 Oct 2025	08 May 2026	204 Days
112 Avenue Road Extension, Leicester, LE2 3EH	£265,000	£255,000	-£10,000	15 Dec 2025	08 May 2026	144 Days
20 Arnesby Crescent, Leicester, LE2 6QZ	£250,000	£250,000	£0	12 Aug 2025	08 May 2026	269 Days
96 Ainsdale Road, Leicester, LE3 0UB	£400,000	£370,000	-£30,000	19 Sep 2025	08 May 2026	231 Days
49 Zouche Way, Leicester, LE7 9DT	£415,000	£407,500	-£7,500	08 Oct 2025	08 May 2026	212 Days
498 Welford Road, Leicester, LE2 6EL	£360,000	£353,500	-£6,500	22 May 2025	07 May 2026	350 Days
88 Tyrrell Street, Leicester, LE3 5SA	£180,000	£170,000	-£10,000	04 Mar 2026	07 May 2026	64 Days
24 Church Road, Evington, Leicester, LE5 6FA	£325,000	£302,000	-£23,000	13 Nov 2025	06 May 2026	174 Days
317 Uppingham Road, Leicester, LE5 4DN	£550,000	£550,000	£0	17 Sep 2025	06 May 2026	231 Days
20 Bembridge Road, Leicester, LE3 9AQ	£260,000	£240,000	-£20,000	12 Nov 2025	05 May 2026	174 Days

Most Expensive Streets in Leicester

Postcode	Street	Area	Average	No. of Sales
LE2 3TJ	Southernhay Road	Leicester	£867,166	3
LE5 6AJ	Linden Drive	Leicester	£851,300	4
LE5 6HH	Spencefield Lane	Leicester	£814,375	4
LE3 8PZ	Waring Close	Leicester	£770,000	3
LE2 2RA	Barrington Road	Leicester	£761,833	3
LE2 3TN	Southernhay Road	Leicester	£731,250	4
LE2 3RR	Ring Road	Leicester	£726,666	3
LE2 1SA	Holmfield Road	Leicester	£720,416	6
LE2 2PE	Morland Avenue	Leicester	£720,375	4
LE2 2FH	Stoughton Lane	Leicester	£684,833	6

Least Expensive Streets in Leicester

Postcode	Street	Area	Average	No. of Sales
LE5 4WN	Carrick Point	Falmouth Road	£56,200	10
LE4 7WA	Longhurst Close	Leicester	£59,666	6
LE2 7NT	Primus Place	Gateway Street, Leicester	£66,833	3
LE2 7DN	Primus Edge	Atkins Street, Leicester	£68,700	5
LE1 3UN	Navigation Street	Leicester	£71,467	5
LE1 3UJ	Navigation Street	Leicester	£74,250	4
LE1 3AH	Lee Street	Leicester	£77,800	10
LE3 0PE	Narborough Road	Leicester	£78,125	4
LE5 4ET	Illingworth Road	Leicester	£85,666	3
LE3 5RT	Fosse Road North	Leicester	£86,175	6