You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in Leicester

Leicester House Prices

The average house price in Leicester is £267,847 using HM Land Registry data.

The average property price increased by £18,973 (7.62%) over the last 5 years and increased by £3,793 (1.44%) over the last 12 months.

Over the last year, there were 2,070 residential property sales – a decrease of 808 transactions (-39.03%) relative to the previous year. The majority of house sales (499) were in the £236,000 - £284,000 range. Then came properties in the £188,000 - £236,000 range, where 412 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 66 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,087 (-3%).

In Apr 2026, there were 504 new estate agency instructions, 330 agreed home sales and 370 property price reductions.

5-Year Average Property Prices in Leicester

7.62%

Property prices in Leicester increased by 7.62% 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

1.44%

Property prices in Leicester increased by 1.44% 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 - 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 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
224 Welford Road, Leicester, LE2 6BD	£245,000	£240,000	-£5,000	29 Apr 2025	27 Mar 2026	332 Days
19 Pits Avenue, Leicester, LE3 2XL	£340,000	£335,000	-£5,000	06 May 2025	27 Mar 2026	325 Days
130 Tudor Road, Leicester, LE3 5HU	£170,000	£167,000	-£3,000	29 Sep 2025	24 Mar 2026	176 Days
30 Verdale Avenue, Leicester, LE4 9TG	£270,000	£262,000	-£8,000	06 Aug 2025	23 Mar 2026	229 Days
8 St Bernards Avenue, Leicester, LE4 5EW	£299,950	£280,000	-£19,950	17 Oct 2025	23 Mar 2026	157 Days
38 Cranfield Road, Leicester, LE2 8QQ	£250,000	£240,000	-£10,000	02 Jun 2025	20 Mar 2026	291 Days
31 Scotswood Crescent, Leicester, LE2 9QB	£200,000	£198,000	-£2,000	06 May 2025	20 Mar 2026	318 Days
6 Narrow Lane, Leicester, LE2 8NA	£179,950	£175,000	-£4,950	20 Aug 2025	20 Mar 2026	212 Days
11 Copeland Avenue, Leicester, LE3 9BT	£300,000	£286,500	-£13,500	22 Oct 2025	20 Mar 2026	149 Days
83 Dorchester Road, Leicester, LE3 0UJ	£265,000	£258,000	-£7,000	02 Oct 2025	18 Mar 2026	167 Days
94 Avebury Avenue, Leicester, LE4 0HB	£250,000	£245,000	-£5,000	05 Dec 2025	17 Mar 2026	102 Days
Flat 3, 32 Stoneycroft, Stoneygate Road, Leicester, LE2 2AD	£97,000	£95,000	-£2,000	27 Jun 2025	16 Mar 2026	262 Days
82 Lamborne Road, Leicester, LE2 6HN	£300,000	£290,000	-£10,000	17 Dec 2025	16 Mar 2026	89 Days
7 Kestrel Close, Leicester, LE5 3FR	£270,000	£266,000	-£4,000	18 Dec 2025	13 Mar 2026	85 Days
4 Normandy Close, Leicester, LE3 8SZ	£350,000	£346,000	-£4,000	03 Oct 2025	13 Mar 2026	161 Days
27 Boynton Road, Leicester, LE3 1PR	£235,000	£234,500	-£500	23 Sep 2025	13 Mar 2026	171 Days
9 Fiona Drive, Leicester, LE7 9RF	£300,000	£285,500	-£14,500	18 Jun 2025	13 Mar 2026	268 Days
40 Burnaston Road, Leicester, LE2 8QN	£250,000	£250,000	£0	12 Aug 2025	12 Mar 2026	212 Days
344 Abbey Lane, Leicester, LE4 2AF	£250,000	£243,000	-£7,000	02 Jun 2025	11 Mar 2026	282 Days
44 Cranfield Road, Leicester, LE2 8QQ	£230,000	£230,000	£0	06 Aug 2025	11 Mar 2026	217 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
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
LE2 2FH	Stoughton Lane	Leicester	£684,833	6

Least Expensive Streets in Leicester

Postcode	Street	Area	Average	No. of Sales
LE5 4WN	Carrick Point	Falmouth Road	£56,409	11
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
LE3 0PE	Narborough Road	Leicester	£78,125	4
LE1 3AH	Lee Street	Leicester	£80,136	11
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