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House Prices in LE3

The average house price in LE3 (Leicester) is £241,843 using HM Land Registry data.

The average property price increased by £22,322 (8.21%) over the last 5 years and increased by £4,462 (1.54%) over the last 12 months.

Over the last year, there were 775 residential property sales – a decrease of 206 transactions (-26.58%) relative to the previous year. The majority of house sales (185) were in the £244,000 - £286,000 range. Then came properties in the £160,000 - £202,000 range, where 155 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 106 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,130 (-3%).

In Aug 2026, there were 171 new estate agency instructions, 124 agreed home sales and 105 property price reductions.

5-Year Average Property Prices in LE3 (Leicester)

8.21%

Property prices in LE3 (Leicester) increased by 8.21% 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

1.54%

Property prices in LE3 (Leicester) increased by 1.54% 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 LE3 (Leicester) - Aug 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
93 Noble Street, Leicester, LE3 5RW	£200,000	£190,000	-£10,000	25 Mar 2026	13 Jul 2026	110 Days
61 Dunster Street, Leicester, LE3 0SF	£220,000	£220,000	£0	21 Oct 2025	10 Jul 2026	262 Days
52 Sports Road, Leicester, LE3 8AH	£375,000	£365,000	-£10,000	09 Oct 2025	10 Jul 2026	274 Days
77 Foxcroft Close, Leicester, LE3 2DZ	£335,000	£320,000	-£15,000	16 Aug 2025	10 Jul 2026	328 Days
78 Oban Street, Leicester, LE3 9GA	£170,000	£167,000	-£3,000	04 Mar 2026	09 Jul 2026	127 Days
6 Gayhurst Close, Leicester, LE3 2UP	£330,000	£310,000	-£20,000	10 Oct 2025	08 Jul 2026	271 Days
25 Nutfield Road, Leicester, LE3 1AN	£180,000	£175,000	-£5,000	16 Feb 2026	08 Jul 2026	142 Days
15 Kirloe Avenue, Leicester, LE3 3LA	£475,000	£475,000	£0	01 Feb 2026	07 Jul 2026	156 Days
29 Marshall Close, Thorpe Astley, Leicester, LE3 3RQ	£215,000	£210,000	-£5,000	23 Mar 2026	06 Jul 2026	105 Days
51 Henton Road, Leicester, LE3 6AY	£170,000	£165,000	-£5,000	27 Mar 2026	06 Jul 2026	101 Days
10 Sherard Way, Thorpe Astley, Leicester, LE3 3TN	£325,000	£315,000	-£10,000	15 Nov 2025	03 Jul 2026	230 Days
130 Valence Road, Leicester, LE3 1AS	£225,000	£220,000	-£5,000	16 Feb 2026	03 Jul 2026	137 Days
80 Chestnut Road, Leicester, LE3 8DB	£285,000	£285,000	£0	07 Apr 2026	30 Jun 2026	84 Days
8 Falcon Close, Leicester, LE3 3NP	£539,000	£499,950	-£39,050	06 Oct 2025	29 Jun 2026	266 Days
4 Firestone Close, Leicester, LE3 6US	£270,000	£265,000	-£5,000	29 Jan 2026	29 Jun 2026	151 Days
32 Rowan Street, Leicester, LE3 9GN	£160,000	£155,000	-£5,000	09 Jan 2026	26 Jun 2026	168 Days
25 Noel Street, Leicester, LE3 0DS	£200,000	£190,000	-£10,000	06 Dec 2025	26 Jun 2026	202 Days
154 Narborough Road South, Leicester, LE3 2LA	£240,000	£238,000	-£2,000	05 Jan 2026	26 Jun 2026	172 Days
29 Clovelly Road, Leicester, LE3 8AD	£300,000	£290,000	-£10,000	19 Sep 2025	24 Jun 2026	278 Days
42 Shottery Avenue, Leicester, LE3 2SS	£240,000	£235,000	-£5,000	02 Mar 2026	23 Jun 2026	113 Days

Most Expensive Streets in LE3 (Leicester)

Postcode	Street	Area	Average	No. of Sales
LE3 8PZ	Waring Close	Leicester	£770,000	3
LE3 8EH	Fairefield Crescent	Leicester	£673,750	4
LE3 8EJ	Fairefield Crescent, Glenfield	Leicester	£629,285	7
LE3 3NU	Forest House Lane	Leicester	£594,990	5
LE3 8PU	Glenfield Frith Drive	Leicester	£593,666	3
LE3 8GT	Station Road, Glenfield	Leicester	£587,857	7
LE3 8GN	Groby Road	Leicester	£587,666	3
LE3 3JT	Hinckley Road	Leicester	£551,900	5
LE3 9QW	Lady Hay Road	Leicester	£523,333	3
LE3 3NZ	Copse Close	Leicester	£520,000	3

Least Expensive Streets in LE3 (Leicester)

Postcode	Street	Area	Average	No. of Sales
LE3 0PE	Narborough Road	Leicester	£78,125	4
LE3 5RT	Fosse Road North	Leicester	£86,175	6
LE3 8BS	Farmstead Close	Leicester	£100,833	3
LE3 6DQ	Denis Close	Leicester	£109,250	6
LE3 0TR	Hinckley Road	Leicester	£112,800	10
LE3 0GR	Western Road	Leicester	£112,833	6
LE3 0DA	Bisley Street	Leicester	£115,333	3
LE3 0LA	Sykefield Avenue	Leicester	£115,500	4
LE3 5ER	Fosse Road North	Leicester	£116,333	9
LE3 5BE	Bath Lane	Leicester	£121,166	3