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Leicester House Prices

The average house price in Leicester is £276,636 using HM Land Registry data.

The average property price increased by £27,306 (11.25%) over the last 5 years and increased by £5,458 (2.06%) over the last 12 months.

Over the last year, there were 2,457 residential property sales – a decrease of 48 transactions (-1.95%) relative to the previous year. The majority of house sales (586) were in the £246,000 - £294,000 range. Then came properties in the £198,000 - £246,000 range, where 546 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 48 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,383 (-4%).

In Nov 2025, there were 353 new estate agency instructions, 328 agreed home sales and 180 property price reductions.

5-Year Average Property Prices in Leicester

11.25%

Property prices in Leicester increased by 11.25% 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

2.06%

Property prices in Leicester increased by 2.06% 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 - Nov 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 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
46 Bramall Road, Leicester, LE5 0PE	£270,000	£270,000	£0	22 Aug 2025	19 Dec 2025	119 Days
14 Beaumont Road, Leicester, LE5 3HA	£245,000	£232,500	-£12,500	23 May 2025	19 Dec 2025	210 Days
14 Parvian Road, Leicester, LE2 6TS	£275,000	£275,000	£0	10 Oct 2025	18 Dec 2025	69 Days
38 Shaftesbury Avenue, Leicester, LE4 5DR	£270,000	£267,000	-£3,000	11 Aug 2025	17 Dec 2025	128 Days
125a, Kingsway North, Leicester, LE3 3BF	£250,000	£248,000	-£2,000	21 Jan 2025	17 Dec 2025	330 Days
2a, Triumph Road, Glenfield, LE3 8FR	£250,000	£200,000	-£50,000	21 Jan 2025	15 Dec 2025	328 Days
12 Glendower Close, Leicester, LE5 2DN	£265,000	£258,000	-£7,000	06 Jun 2025	12 Dec 2025	189 Days
3 Astley Close, Leicester, LE3 1JA	£220,000	£210,000	-£10,000	17 Oct 2025	12 Dec 2025	56 Days
22 Foxglove Avenue, Leicester, LE7 9TX	£499,950	£465,000	-£34,950	21 Aug 2025	12 Dec 2025	113 Days
7 Foxglove Avenue, Leicester, LE7 9TX	£335,000	£330,000	-£5,000	17 Apr 2025	12 Dec 2025	239 Days
62 Tennis Court Drive, Leicester, LE5 1AQ	£365,000	£360,000	-£5,000	25 Sep 2025	11 Dec 2025	77 Days
34 Queens Park Way, Leicester, LE2 9RQ	£190,000	£190,000	£0	25 May 2025	11 Dec 2025	200 Days
12 Fairestone Avenue, Leicester, LE3 8FF	£270,000	£270,000	£0	18 Sep 2025	11 Dec 2025	84 Days
Manor Croft, Ratcliffe Road, Leicester, LE2 3TE	£1,800,000	£1,750,000	-£50,000	26 Jun 2025	08 Dec 2025	165 Days
5 Newchurch Close, Leicester, LE2 3AY	£650,000	£620,000	-£30,000	09 Dec 2024	08 Dec 2025	364 Days
28 Glazebrook Road, Leicester, LE3 9NT	£220,000	£214,000	-£6,000	14 May 2025	08 Dec 2025	208 Days
106 Roydene Crescent, Leicester, LE4 0GP	£285,000	£285,000	£0	27 Mar 2025	05 Dec 2025	253 Days
14 Burnham Drive, Leicester, LE4 0HN	£280,000	£280,000	£0	26 Jun 2025	05 Dec 2025	162 Days
51 Barbara Avenue, Leicester, LE5 2AE	£300,000	£273,000	-£27,000	05 Mar 2025	05 Dec 2025	275 Days
21 Bramley Orchard, Leicester, LE7 9RU	£500,000	£455,000	-£45,000	20 May 2025	05 Dec 2025	199 Days

Most Expensive Streets in Leicester

Postcode	Street	Area	Average	No. of Sales
LE2 3TJ	Southernhay Road	Leicester	£867,166	3
LE2 2DF	Elmsleigh Avenue	Leicester	£824,999	3
LE5 6HH	Spencefield Lane	Leicester	£814,375	4
LE5 6AJ	Linden Drive	Leicester	£784,040	5
LE3 8PZ	Waring Close	Leicester	£770,000	3
LE7 9RR	Uppingham Road	Bushby	£763,333	3
LE2 3TN	Southernhay Road	Leicester	£731,250	4
LE2 1SA	Holmfield Road	Leicester	£720,416	6
LE2 2PE	Morland Avenue	Leicester	£720,375	4
LE7 9RB	Chestnut Drive	Leicester	£695,000	3

Least Expensive Streets in Leicester

Postcode	Street	Area	Average	No. of Sales
LE5 4WN	Carrick Point	Falmouth Road	£56,850	10
LE4 7WA	Longhurst Close	Leicester	£57,600	5
LE1 3UN	Navigation Street	Leicester	£68,889	6
LE1 3UJ	Navigation Street	Leicester	£72,000	4
LE1 1RB	Bradshaw House	Rutland Street, Leicester	£77,375	4
LE3 0PE	Narborough Road	Leicester	£78,125	4
LE1 3AH	Lee Street	Leicester	£81,045	11
LE1 3AJ	Lee Street	Leicester	£85,138	10
LE5 4ET	Illingworth Road	Leicester	£85,666	3
LE3 5RT	Fosse Road North	Leicester	£88,435	7