House Prices in LE3 House Prices in LE3 (Leicester)

The average house price in LE3 (Leicester) is £251,940 using HM Land Registry data.

The average property price increased by £19,754 (9.52%) over the last 5 years and increased by £3,949 (1.77%) over the last 12 months.

Over the last year, there were 703 residential property sales – a decrease of 325 transactions (-46.23%) relative to the previous year. The majority of house sales (164) were in the £234,000 - £276,000 range. Then came properties in the £192,000 - £234,000 range, where 122 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 27 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,043 (-3%).

In Apr 2026, there were 187 new estate agency instructions, 134 agreed home sales and 124 property price reductions.

5-Year Average Property Prices in LE3 (Leicester)

9.52%

Property prices in LE3 (Leicester) increased by 9.52% 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 LE3 (Leicester) Over the Last Year

1.77%

Property prices in LE3 (Leicester) increased by 1.77% 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 LE3 (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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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 LE3 (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 LE3 (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 LE3 (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 LE3 (Leicester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LE3 postcode area since 1995.

Recent Sales in LE3 (Leicester)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
19 Pits Avenue, Leicester, LE3 2XL£340,000£335,000-£5,00006 May 202527 Mar 2026325 Days
130 Tudor Road, Leicester, LE3 5HU£170,000£167,000-£3,00029 Sep 202524 Mar 2026176 Days
11 Copeland Avenue, Leicester, LE3 9BT£300,000£286,500-£13,50022 Oct 202520 Mar 2026149 Days
83 Dorchester Road, Leicester, LE3 0UJ£265,000£258,000-£7,00002 Oct 202518 Mar 2026167 Days
4 Normandy Close, Leicester, LE3 8SZ£350,000£346,000-£4,00003 Oct 202513 Mar 2026161 Days
27 Boynton Road, Leicester, LE3 1PR£235,000£234,500-£50023 Sep 202513 Mar 2026171 Days
105 Darien Way, Thorpe Astley, Leicester, LE3 3SZ£250,000£250,000£030 Sep 202511 Mar 2026162 Days
46 Balfour Street, Leicester, LE3 5EA£200,000£200,000£010 Nov 202510 Mar 2026120 Days
12 Clovelly Road, Leicester, LE3 8AA£320,000£310,000-£10,00003 Jul 202509 Mar 2026249 Days
88 Blissett Road, Leicester, LE3 9HP£250,000£250,000£005 Sep 202506 Mar 2026182 Days
71 Warwick Street, Leicester, LE3 5SE£166,000£166,000£029 Jul 202506 Mar 2026220 Days
11 Jewsbury Way, Thorpe Astley, Leicester, LE3 3RR£355,000£350,000-£5,00006 Sep 202506 Mar 2026181 Days
1 Poachers Close, Leicester, LE3 8SF£295,000£290,000-£5,00017 Oct 202506 Mar 2026140 Days
7 Underwood Court, Leicester, LE3 8SG£270,000£260,000-£10,00016 Oct 202506 Mar 2026141 Days
100 Cranmer Street, Leicester, LE3 0QA£150,000£148,000-£2,00029 May 202505 Mar 2026280 Days
8 Valiant Close, Leicester, LE3 8JH£290,000£282,000-£8,00008 Jul 202503 Mar 2026238 Days
74 Dorchester Road, Leicester, LE3 0UG£235,000£235,000£025 Sep 202502 Mar 2026158 Days
54 Birds Nest Avenue, Leicester, LE3 9ND£235,000£220,000-£15,00023 Aug 202527 Feb 2026188 Days
7 Bendbow Rise, Leicester, LE3 1QD£265,000£260,000-£5,00023 Dec 202527 Feb 202666 Days
8 Trescoe Rise, Leicester, LE3 6SP£319,950£318,000-£1,95024 Sep 202527 Feb 2026156 Days

Most Expensive Streets in LE3 (Leicester)

PostcodeStreetAreaAverageNo. of Sales
LE3 8PZWaring CloseLeicester£770,0003
LE3 8EHFairefield CrescentLeicester£673,7504
LE3 8EJFairefield Crescent, GlenfieldLeicester£629,2857
LE3 8PUGlenfield Frith DriveLeicester£593,6663
LE3 8GNGroby RoadLeicester£587,6663
LE3 3NUForest House LaneLeicester£579,2787
LE3 8GTStation Road, GlenfieldLeicester£553,3339
LE3 3JTHinckley RoadLeicester£551,9005
LE3 9QWLady Hay RoadLeicester£523,3333
LE3 8HJBirch LaneLeicester£523,1663

Least Expensive Streets in LE3 (Leicester)

PostcodeStreetAreaAverageNo. of Sales
LE3 0PENarborough RoadLeicester£78,1254
LE3 5RTFosse Road NorthLeicester£86,1756
LE3 2TYSwithland Court, PinfoldLeicester£102,0003
LE3 6DQDenis CloseLeicester£109,2506
LE3 0TRHinckley RoadLeicester£110,6669
LE3 5ERFosse Road NorthLeicester£114,0008
LE3 0LASykefield AvenueLeicester£115,5004
LE3 0GRWestern RoadLeicester£116,3333
LE3 8LDDupont GardensLeicester£118,8663
LE3 0LSCherryleas DriveLeicester£122,5624

Explore LE3 (Leicester) using map

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