House Prices in LE4 House Prices in LE4 (Leicester)

The average house price in LE4 (Leicester) is £290,279 using HM Land Registry data.

The average property price increased by £35,871 (14.92%) over the last 5 years and increased by £7,171 (2.66%) over the last 12 months.

Over the last year, there were 639 residential property sales – a decrease of 202 transactions (-31.61%) relative to the previous year. The majority of house sales (145) were in the £246,000 - £284,000 range. Then came properties in the £208,000 - £246,000 range, where 126 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 63 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,956 (-3%).

In Apr 2026, there were 134 new estate agency instructions, 94 agreed home sales and 92 property price reductions.

5-Year Average Property Prices in LE4 (Leicester)

14.92%

Property prices in LE4 (Leicester) increased by 14.92% 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 LE4 (Leicester) Over the Last Year

2.66%

Property prices in LE4 (Leicester) increased by 2.66% 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 LE4 (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 LE4 (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 LE4 (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 LE4 (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 LE4 (Leicester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LE4 postcode area since 1995.

Recent Sales in LE4 (Leicester)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
45 Colby Drive, Leicester, LE4 8LD£510,000£485,000-£25,00018 Sep 202527 Mar 2026190 Days
30 Verdale Avenue, Leicester, LE4 9TG£270,000£262,000-£8,00006 Aug 202523 Mar 2026229 Days
8 St Bernards Avenue, Leicester, LE4 5EW£299,950£280,000-£19,95017 Oct 202523 Mar 2026157 Days
94 Avebury Avenue, Leicester, LE4 0HB£250,000£245,000-£5,00005 Dec 202517 Mar 2026102 Days
7 Allington Drive, Birstall, LE4 4FD£270,000£240,000-£30,00018 Jul 202517 Mar 2026242 Days
27 Went Road, Leicester, LE4 3BL£299,950£299,950£015 Sep 202513 Mar 2026179 Days
44 Deacon Road, Leicester, LE4 2WE£330,000£325,000-£5,00031 Jul 202513 Mar 2026225 Days
11 Hartshorn Close, Leicester, LE4 8LL£170,000£169,600-£40028 Nov 202513 Mar 2026105 Days
33 Colby Drive, Leicester, LE4 8LD£275,000£265,000-£10,00029 Jan 202612 Mar 202642 Days
16 Clayton Drive, Leicester, LE4 8LQ£274,400£270,000-£4,40030 Sep 202512 Mar 2026163 Days
118 Ashton Green Road, Leicester, LE4 2AE£395,000£390,000-£5,00005 Sep 202511 Mar 2026187 Days
25 Keswick Close, Birstall, LE4 4FS£370,000£360,000-£10,00023 Dec 202511 Mar 202678 Days
344 Abbey Lane, Leicester, LE4 2AF£250,000£243,000-£7,00002 Jun 202511 Mar 2026282 Days
47 Checketts Close, Leicester, LE4 5EU£245,000£237,000-£8,00004 Sep 202509 Mar 2026186 Days
14 Westmorland Avenue, Leicester, LE4 6SB£315,000£310,000-£5,00010 Sep 202509 Mar 2026180 Days
8 Acacia Avenue, Leicester, LE4 4HA£290,000£280,000-£10,00024 Jul 202506 Mar 2026225 Days
4 Griffin Close, Leicester, LE4 8LT£250,000£245,000-£5,00006 Aug 202506 Mar 2026212 Days
45 St Ives Road, Leicester, LE4 9FN£270,000£260,000-£10,00026 Nov 202502 Mar 202696 Days
18 Lea Close, Leicester, LE4 8DW£210,000£205,000-£5,00006 Jan 202602 Mar 202655 Days
6 Tuffley Close, Leicester, LE4 3NX£325,000£305,000-£20,00025 Jun 202527 Feb 2026247 Days

Most Expensive Streets in LE4 (Leicester)

PostcodeStreetAreaAverageNo. of Sales
LE4 4DFBirstall RoadLeicester£634,8333
LE4 5PEChurch Road, BelgraveLeicester£626,6663
LE4 4DGBirstall Road, BirstallLeicester£532,3333
LE4 4BFRoman Road, BirstallLeicester£521,7003
LE4 4BERoman RoadLeicester£509,1663
LE4 4AFCurzon Avenue, BirstallLeicester£500,6254
LE4 2WDDeanery CrescentLeicester£495,0003
LE4 3DSOakfield AvenueLeicester£455,0003
LE4 2BUDovecote RoadLeicester£452,2503
LE4 2AEAshton Green RoadLeicester£451,6663

Least Expensive Streets in LE4 (Leicester)

PostcodeStreetAreaAverageNo. of Sales
LE4 7WALonghurst CloseLeicester£59,6666
LE4 4DYSt James Court, Front Street, LeicesterLeicester£100,5559
LE4 0AJBlackbird RoadLeicester£120,1254
LE4 9WZWarren ViewLeicester£123,5717
LE4 0AWBradgate StreetLeicester£125,8336
LE4 9AJOnyx CrescentLeicester£125,8333
LE4 1BXLaithwaite CloseLeicester£129,3889
LE4 5QBBeaumanor RoadLeicester£130,7005
LE4 9AWKnightwood RoadLeicester£135,7323
LE4 9WYWarren AvenueLeicester£136,2119

Explore LE4 (Leicester) using map

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