Local market reports › LE
Leicester market report LE
The standing LE (Leicester) property market report, rebuilt from the full public record every month. The raw material for this page is 501,555 HM Land Registry entries for the LE postcode area (Leicester), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Sales data to August 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh. Page updated 19 October 2026.
In short: the middle 2026 sale in the LE postcode area (Leicester) came in at £270,000, out of 5,814 registered, up 8% on five years earlier, and the mean stands at £302,200, and by floor area homes here have averaged about £3,110 per square metre over the last five years. The record behind it is 501,555 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
The LE postcode area centred on Leicester covers 21 districts. At this scale the figures average away real local contrasts; the district reports below are the place for anywhere specific.
Where LE sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What a home in LE sells for
5,814 sales were registered in LE in 2026, and the middle one of them, the median, went for £270,000. The mean works out at £302,200, somewhat above it, as happens wherever a market carries an expensive tail.
House prices per square metre in LE
By floor space, homes in LE have sold for about £3,110 per square metre on average over the last five years: the like-for-like measure that lets you compare a small flat with a large house, from the Energy Performance Certificate floor areas behind each sale.
The national median for England and Wales is £285,000, which puts LE 5% below the country at large.
LE's median sold price, 1995 to 2026
The cash median beside its inflation-adjusted twin (ONS CPIH). The adjusted line answers the harder question, whether homes really got dearer. Hover for the figures; the legend toggles each series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £270,000 | £270,000 | 5,814 |
| 2025 | £277,500 | £284,136 | 14,307 |
| 2024 | £273,500 | £290,787 | 13,100 |
| 2023 | £271,400 | £298,202 | 12,052 |
| 2022 | £268,000 | £314,261 | 15,121 |
| 2021 | £250,000 | £316,532 | 18,141 |
| 2020 | £235,000 | £304,917 | 13,015 |
| 2019 | £218,000 | £285,746 | 14,919 |
| 2018 | £210,000 | £279,934 | 16,170 |
| 2017 | £197,000 | £268,688 | 16,435 |
| 2016 | £184,000 | £257,418 | 16,739 |
| 2015 | £173,000 | £244,449 | 16,247 |
| 2014 | £165,000 | £234,081 | 16,340 |
| 2013 | £154,000 | £221,591 | 13,193 |
| 2012 | £150,000 | £220,781 | 11,134 |
| 2011 | £150,000 | £226,442 | 10,980 |
| 2010 | £150,000 | £235,239 | 11,143 |
| 2009 | £143,000 | £229,874 | 10,732 |
| 2008 | £148,000 | £242,603 | 10,588 |
| 2007 | £153,000 | £259,531 | 20,309 |
| 2006 | £145,000 | £251,701 | 21,240 |
| 2005 | £140,000 | £249,144 | 16,924 |
| 2004 | £135,000 | £245,186 | 19,898 |
| 2003 | £115,000 | £211,858 | 20,391 |
| 2002 | £90,000 | £169,334 | 22,330 |
| 2001 | £74,000 | £142,261 | 21,210 |
| 2000 | £65,000 | £127,563 | 19,333 |
| 1999 | £60,000 | £119,577 | 19,734 |
| 1998 | £56,500 | £114,049 | 17,030 |
| 1997 | £53,500 | £109,718 | 17,189 |
| 1996 | £50,000 | £105,448 | 15,994 |
| 1995 | £49,000 | £106,518 | 13,803 |
In cash terms the typical LE home went from £49,000 in 1995 to £270,000 in 2026, roughly 6 times the price. Adjusted for inflation it still comes to a real rise of roughly 153%, so homes here got dearer in substance, not only in cash. In inflation-adjusted terms the high-water mark was 2021. The market now sits about 15% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the LE median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2003 (+27.8% on the year before); the weakest, 2009 (−3.4%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 year (since 2025) | −2.7% | −5.0% |
| 5 years (since 2021) | +1.6% | −3.1% |
| 6 years (since 2020) | +2.3% | −2.0% |
| 10 years (since 2016) | +3.9% | +0.5% |
| 20 years (since 2006) | +3.2% | +0.4% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of semi-detached homes dominate the record here, 35% of the typed total. A detached home currently trades at £387,500 against £135,000 for a flat, 2.9 times the price.
Median by property type, LE
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £387,500 | 1,897 | 162,851 |
| Semi-detached | £260,000 | 2,126 | 177,739 |
| Terraced | £215,000 | 1,435 | 131,367 |
| Flats | £135,000 | 356 | 29,598 |
Sales activity in LE
The year-by-year sales count
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
The monthly pulse, last five years
Registrations by month. The repeating sawtooth is seasonality, and the right-hand edge always dips because the register lags completions.
Over the last twelve months of data, 10,516 sales completed in LE. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 20,204 sales a year before the financial crisis and 12,079 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
What homes rent for around LE
The local authority for LE is Leicester, the local authority covering most of the LE area (parts fall under Hinckley and Bosworth and Charnwood, where rents differ), and its ONS average private rent currently stands at £1,024 a month (May 2026 figures). Size sets most of the rent: one-beds average £717 a month here against £1,459 for four or more bedrooms.
Average monthly rent by size, Leicester
ONS Price Index of Private Rents, May 2026.
Against the £270,000 median purchase price, a rent of £1,024 a month (£12,288 a year) works out at a 4.6% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
The shape of the LE market
Turnover here is strong: 10,516 sales in the last twelve months of data, enough that the medians rest on a genuinely broad base and one street cannot move the figure.
What people ask about LE (Leicester)
Are property prices falling in LE (Leicester)?
Is LE (Leicester) a good place to buy a house?
How much did a house sell for in LE (Leicester)?
What happens to LE prices now?
No honest page predicts prices, so this one sticks to the record: the median is up 8% over five years in cash but down 15% after inflation. Anyone weighing a purchase should read the volume chart with the price chart, remembering that these are completed sales, registered weeks after the deals were actually struck.
What you could buy in LE now
Everything above is what homes in LE sold for. This is what you could actually buy today: 2,479 homes currently on the market from 10 agents publishing to HomesIndex, at a typical asking price 8% above the LE median sold price.
LE registered 10,516 sales in the last twelve months; the 2,479 homes listed now would take about 3 months to clear at that rate. The count covers agents publishing to HomesIndex, so the real stock is larger.
11% of current listings sit under the prices comparable homes actually fetched. Every listing is measured against recent recorded sales of similar nearby homes.
- Thringstone, Coalville, Coalville
- Bramley Road, Birstall, LE4, Leicester
- Brookside, Syston, LE7, Leicester
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every LE home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
Listed against sold: the LE mix
Terraced homes are 21% of what sold in LE over 2024 and 2025 but only 12% of what is listed now: they sell, and there are few to choose from, so a good one is unlikely to hang about.
| Type | Share of homes for sale now | Share of sales, 2024 and 2025 |
|---|---|---|
| Detached | 40% | 37% |
| Semi-detached | 38% | 36% |
| Terraced | 12% | 21% |
| Flats | 10% | 6% |
The listing shares count homes published to HomesIndex by agents today; the sales shares count HM Land Registry registrations. Listings typed only as "house", "bungalow" or similar, which the register would file under one of the four forms, are excluded from the listing side (168 of them here).
Month by month: when LE sells
March is when LE changes hands most (10.4% of the 72,721 sales dated 2021 to 2025); January is the quiet end at 6.4%. The spread between the busiest and quietest months is small, so timing matters less here than in most markets; price and presentation decide more than the calendar.
Sales by month, 2021 to 2025
| Month | Sales | Share |
|---|---|---|
| January | 4,642 | 6.4% |
| February | 5,801 | 8.0% |
| March | 7,542 | 10.4% |
| April | 4,791 | 6.6% |
| May | 5,586 | 7.7% |
| June | 7,387 | 10.2% |
| July | 5,463 | 7.5% |
| August | 6,369 | 8.8% |
| September | 7,219 | 9.9% |
| October | 5,875 | 8.1% |
| November | 5,889 | 8.1% |
| December | 6,157 | 8.5% |
Bedroom by bedroom: LE prices by size
Real sold prices by size across the LE area, straight from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | £251,746 | £280,000 (+11%) | £329,500 (+18%) | £415,000 (+26%) | £525,000 (+27%) |
| Semi-detached | £205,000 | £230,000 (+12%) | £255,000 (+11%) | £303,000 (+19%) | £367,750 (+21%) |
| Terraced | £175,000 | £200,000 (+14%) | £219,775 (+10%) | £273,250 (+24%) | £328,000 (+20%) |
| Flat | £115,000 | £140,000 (+22%) | £187,500 (+34%) | £240,000 (+28%) | £311,500 (+30%) |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the LE area is the point: the same five years treated these districts very differently.
LE area districts: five years of change
The biggest risers and fallers in cash terms; every row links to that district's report.
District by district
The spread inside LE matters more than its average. These are its districts with enough sales to measure, priciest first, each with a full report of its own.
| District | Median (2026) | 5-year | Sales |
|---|---|---|---|
| LE14 Ashby Folville, Brooksby | £333,200 | -1% | 110 |
| LE16 Market Harborough, Arthingworth | £333,000 | +0% | 299 |
| LE17 Lutterworth, Leire | £323,000 | -2% | 133 |
| LE15 Oakham, Cold Overton | £315,000 | +13% | 233 |
| LE7 Scraptoft, Thurnby | £311,000 | +6% | 354 |
| LE8 Blaby, Great Glen | £292,300 | +4% | 264 |
| LE6 Ratby, Groby | £292,000 | +17% | 87 |
| LE65 Ashby-de-la-Zouch, Boundary | £290,000 | -2% | 145 |
| LE5 Hamilton, Thurnby Lodge | £275,000 | +15% | 260 |
| LE12 East Leake, West Leake | £275,000 | +8% | 543 |
| LE19 Narborough, Enderby | £275,000 | +5% | 108 |
| LE9 Kirby Muxloe, Stoney Stanton | £265,500 | +6% | 406 |
| LE4 Beaumont Leys, Belgrave | £265,000 | +15% | 374 |
| LE2 Oadby, Knighton | £255,000 | +4% | 453 |
| LE18 Wigston, South Wigston | £255,000 | +11% | 182 |
| LE10 Hinckley, Burbage | £250,000 | +6% | 411 |
| LE3 Braunstone, Glenfield | £247,500 | +15% | 469 |
| LE67 Coalville, Ibstock | £245,000 | +7% | 475 |
| LE13 Melton Mowbray | £235,000 | +4% | 207 |
| LE11 Loughborough, Nanpantan | £229,800 | +7% | 272 |
| LE1 Leicester | £117,000 | -8% | 29 |
Before you sell in LE: what the record supports
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in LE, use the average prices map for a rough value: zoom from LE's shading down to the sold homes on your own street. The figures above are every recorded LE sale; agents price with this same Land Registry record, and now you have it too.
Take it further
The AI answers from the same Land Registry data this report is built on, already scoped to LE. Free after a one click sign in.
See every individual LE sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.