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Leicester House Prices

The average house price in Leicester is £235,417 using HM Land Registry data.

The average property price increased by £17,906 (7.18%) over the last 5 years and increased by £3,580 (1.36%) over the last 12 months.

Over the last year, there were 2,175 residential property sales – a decrease of 646 transactions (-29.70%) relative to the previous year. The majority of house sales (525) were in the £236,000 - £284,000 range. Then came properties in the £188,000 - £236,000 range, where 426 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 87 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,835 (-3%).

In Jun 2026, there were 542 new estate agency instructions, 384 agreed home sales and 422 property price reductions.

5-Year Average Property Prices in Leicester

7.18%

Property prices in Leicester increased by 7.18% 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

1.36%

Property prices in Leicester increased by 1.36% 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 - Jun 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 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
19 Petworth Drive, Leicester, LE3 9RF	£250,000	£250,000	£0	08 Oct 2025	24 Apr 2026	198 Days
2 Kirkland Road, Leicester, LE3 2JP	£290,000	£290,000	£0	04 Jul 2025	24 Apr 2026	294 Days
92 Navigation Drive, Leicester, LE2 9TB	£490,000	£485,000	-£5,000	07 Aug 2025	23 Apr 2026	259 Days
18 Bonchurch Street, Leicester, LE3 5EE	£210,000	£195,000	-£15,000	17 Nov 2025	23 Apr 2026	157 Days
196 Mere Road, Leicester, LE5 5GN	£270,000	£260,500	-£9,500	02 Jun 2025	22 Apr 2026	324 Days
6 Huntsmans Way, Leicester, LE4 7ZG	£155,000	£155,000	£0	07 Feb 2026	17 Apr 2026	69 Days
26 Tuffleys Way, Thorpe Astley, Leicester, LE3 3UT	£150,000	£144,000	-£6,000	20 Aug 2025	17 Apr 2026	240 Days
25 Braunstone Lane East, Leicester, LE3 2FD	£240,000	£240,000	£0	20 Oct 2025	17 Apr 2026	179 Days
367 Tudor Road, Leicester, LE3 5JJ	£215,000	£190,000	-£25,000	30 Apr 2025	17 Apr 2026	352 Days
20 Kinross Avenue, Leicester, LE5 2LQ	£205,000	£182,500	-£22,500	19 Sep 2025	16 Apr 2026	209 Days
80 Fairfield Street, Leicester, LE5 5BG	£250,000	£250,000	£0	30 Dec 2025	16 Apr 2026	107 Days
65 Bromwich Close, Leicester, LE3 3RT	£270,000	£265,000	-£5,000	26 Sep 2025	15 Apr 2026	201 Days
Flat 15, 18 Tiffany Court, Albert Road, Leicester, LE2 2AA	£150,000	£147,900	-£2,100	10 Feb 2026	10 Apr 2026	59 Days
23 Overseal Road, Leicester, LE3 6LX	£245,000	£245,000	£0	10 Oct 2025	10 Apr 2026	182 Days
Flat 13, 1 Sanvey Mill, Junior Street, Leicester, LE1 4QB	£140,000	£138,500	-£1,500	29 Jan 2026	10 Apr 2026	71 Days
87 Glenhills Boulevard, Leicester, LE2 8UG	£230,000	£227,000	-£3,000	28 Oct 2025	09 Apr 2026	163 Days
Flat 14, 122 Hadden-costello House, Lansdowne Road, Leicester, LE2 8AR	£130,000	£127,500	-£2,500	25 Sep 2025	09 Apr 2026	196 Days
136 Grasmere Street, Leicester, LE2 7FS	£180,000	£179,000	-£1,000	30 Sep 2025	09 Apr 2026	191 Days
1 Cheviot Road, Leicester, LE2 6RG	£190,000	£190,000	£0	24 Sep 2025	09 Apr 2026	197 Days
Flat 16, 17 Park Hill Court, Park Hill Drive, Leicester, LE2 8HS	£135,000	£132,000	-£3,000	27 Jun 2025	08 Apr 2026	285 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 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
LE2 2FH	Stoughton Lane	Leicester	£684,833	6
LE3 8EH	Fairefield Crescent	Leicester	£673,750	4

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 7DN	Primus Edge	Atkins Street, Leicester	£68,700	5
LE1 3UN	Navigation Street	Leicester	£71,467	5
LE1 3UJ	Navigation Street	Leicester	£75,200	5
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
LE1 3AJ	Lee Street	Leicester	£87,222	9