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LE local market report Leicester

Every figure on this page comes from the public record: 526,483 sales registered with HM Land Registry in the LE postcode area (Leicester) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.

Sales data to May 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

LE is the postcode area centred on Leicester, taking in 21 districts. Figures this wide smooth over big local differences, so use the district reports below for anywhere specific.

Where LE sits

Click the map to open LE on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.

NNNGCVDEMKBWSSTPEWRWVDYCBTFCWIPLE
£260,000median sold price, 2026
+6%five-year change (cash)
12,071sales in the last 12 months
4.7%gross rental yield (est.)

What a home in LE sells for

The 2026 median in LE is £260,000, from 3,380 registered sales; the mean, £296,200, sits modestly above it, the usual shape of a market with an expensive tail.

For scale: the England and Wales median is £274,000, so LE trades 5% below the country as a whole.

The price of a typical LE home, 1995 to 2026

The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.

Price at the timeIn today's money (CPIH)
£125k£250k£375k£500k1995200020052010201520202026 1995: £49,000 at the time · £104,031 in today's money · 13,803 sales1996: £50,000 at the time · £102,985 in today's money · 15,994 sales1997: £53,500 at the time · £107,155 in today's money · 17,189 sales1998: £56,500 at the time · £111,386 in today's money · 17,030 sales1999: £60,000 at the time · £116,784 in today's money · 19,733 sales2000: £65,000 at the time · £124,583 in today's money · 19,333 sales2001: £74,000 at the time · £138,939 in today's money · 21,210 sales2002: £90,000 at the time · £165,379 in today's money · 22,330 sales2003: £115,000 at the time · £206,910 in today's money · 20,390 sales2004: £135,000 at the time · £239,460 in today's money · 19,902 sales2005: £140,000 at the time · £243,325 in today's money · 16,924 sales2006: £145,000 at the time · £245,823 in today's money · 21,239 sales2007: £153,000 at the time · £253,469 in today's money · 20,310 sales2008: £148,000 at the time · £236,937 in today's money · 10,589 sales2009: £143,000 at the time · £224,505 in today's money · 10,734 sales2010: £150,000 at the time · £229,745 in today's money · 11,146 sales2011: £150,000 at the time · £221,154 in today's money · 10,982 sales2012: £150,000 at the time · £215,625 in today's money · 11,140 sales2013: £153,500 at the time · £215,713 in today's money · 13,478 sales2014: £162,500 at the time · £225,151 in today's money · 17,303 sales2015: £170,000 at the time · £234,600 in today's money · 17,822 sales2016: £180,000 at the time · £245,941 in today's money · 19,099 sales2017: £195,000 at the time · £259,749 in today's money · 18,988 sales2018: £207,000 at the time · £269,491 in today's money · 18,716 sales2019: £214,500 at the time · £274,592 in today's money · 17,745 sales2020: £228,000 at the time · £288,926 in today's money · 15,438 sales2021: £245,000 at the time · £302,957 in today's money · 21,210 sales2022: £262,000 at the time · £300,050 in today's money · 17,657 sales2023: £267,000 at the time · £286,516 in today's money · 14,489 sales2024: £267,000 at the time · £277,246 in today's money · 15,550 sales2025: £270,000 at the time · £270,000 in today's money · 15,630 sales2026: £260,000 at the time · £260,000 in today's money · 3,380 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£260,000£260,0003,380
2025£270,000£270,00015,630
2024£267,000£277,24615,550
2023£267,000£286,51614,489
2022£262,000£300,05017,657
2021£245,000£302,95721,210
2020£228,000£288,92615,438
2019£214,500£274,59217,745
2018£207,000£269,49118,716
2017£195,000£259,74918,988
2016£180,000£245,94119,099
2015£170,000£234,60017,822
2014£162,500£225,15117,303
2013£153,500£215,71313,478
2012£150,000£215,62511,140
2011£150,000£221,15410,982
2010£150,000£229,74511,146
2009£143,000£224,50510,734
2008£148,000£236,93710,589
2007£153,000£253,46920,310
2006£145,000£245,82321,239
2005£140,000£243,32516,924
2004£135,000£239,46019,902
2003£115,000£206,91020,390
2002£90,000£165,37922,330
2001£74,000£138,93921,210
2000£65,000£124,58319,333
1999£60,000£116,78419,733
1998£56,500£111,38617,030
1997£53,500£107,15517,189
1996£50,000£102,98515,994
1995£49,000£104,03113,803

In cash terms the typical LE home went from £49,000 in 1995 to £260,000 in 2026, roughly 5 times the price. Even after inflation that is a real rise of about 150%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2021; the current median sits about 14% below that. Someone who bought at the 2021 peak has not yet seen that price back in real terms.

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.

+50% -50% 0% 1996 · +2.0% on the year before1997 · +7.0% on the year before1998 · +5.6% on the year before1999 · +6.2% on the year before2000 · +8.3% on the year before2001 · +13.8% on the year before2002 · +21.6% on the year before2003 · +27.8% on the year before2004 · +17.4% on the year before2005 · +3.7% on the year before2006 · +3.6% on the year before2007 · +5.5% on the year before2008 · −3.3% on the year before2009 · −3.4% on the year before2010 · +4.9% on the year before2011 · +0.0% on the year before2012 · +0.0% on the year before2013 · +2.3% on the year before2014 · +5.9% on the year before2015 · +4.6% on the year before2016 · +5.9% on the year before2017 · +8.3% on the year before2018 · +6.2% on the year before2019 · +3.6% on the year before2020 · +6.3% on the year before2021 · +7.5% on the year before2022 · +6.9% on the year before2023 · +1.9% on the year before2024 · +0.0% on the year before2025 · +1.1% on the year before2026 · −3.7% on the year before200020052010201520202026

The strongest year on record here is 2003 (+27.8% on the year before); the weakest, 2026 (−3.7%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

Annualised returns

PeriodCash, per yearReal terms, per year
1 years (since 2025)−3.7%−3.7%
5 years (since 2021)+1.2%−3.0%
10 years (since 2016)+3.7%+0.6%
20 years (since 2006)+3.0%+0.3%

Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.

Transaction volumes

How many homes change hands

Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.

13k25k 1995: 13,803 sales1996: 15,994 sales1997: 17,189 sales1998: 17,030 sales1999: 19,733 sales2000: 19,333 sales2001: 21,210 sales2002: 22,330 sales2003: 20,390 sales2004: 19,902 sales2005: 16,924 sales2006: 21,239 sales2007: 20,310 sales2008: 10,589 sales2009: 10,734 sales2010: 11,146 sales2011: 10,982 sales2012: 11,140 sales2013: 13,478 sales2014: 17,303 sales2015: 17,822 sales2016: 19,099 sales2017: 18,988 sales2018: 18,716 sales2019: 17,745 sales2020: 15,438 sales2021: 21,210 sales2022: 17,657 sales2023: 14,489 sales2024: 15,550 sales2025: 15,630 sales2026: 3,380 sales1995200020052010201520202026

The last five years, month by month

Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.

2,5005,000 June 2021 · 2,963 sales registeredJuly 2021 · 1,130 sales registeredAugust 2021 · 1,468 sales registeredSeptember 2021 · 2,572 sales registeredOctober 2021 · 1,142 sales registeredNovember 2021 · 1,376 sales registeredDecember 2021 · 1,650 sales registeredJanuary 2022 · 1,184 sales registeredFebruary 2022 · 1,333 sales registeredMarch 2022 · 1,660 sales registeredApril 2022 · 1,361 sales registeredMay 2022 · 1,433 sales registeredJune 2022 · 1,514 sales registeredJuly 2022 · 1,469 sales registeredAugust 2022 · 1,546 sales registeredSeptember 2022 · 1,645 sales registeredOctober 2022 · 1,538 sales registeredNovember 2022 · 1,530 sales registeredDecember 2022 · 1,444 sales registeredJanuary 2023 · 946 sales registeredFebruary 2023 · 1,053 sales registeredMarch 2023 · 1,245 sales registeredApril 2023 · 955 sales registeredMay 2023 · 1,136 sales registeredJune 2023 · 1,507 sales registeredJuly 2023 · 1,202 sales registeredAugust 2023 · 1,333 sales registeredSeptember 2023 · 1,327 sales registeredOctober 2023 · 1,261 sales registeredNovember 2023 · 1,218 sales registeredDecember 2023 · 1,306 sales registeredJanuary 2024 · 817 sales registeredFebruary 2024 · 1,112 sales registeredMarch 2024 · 1,209 sales registeredApril 2024 · 1,033 sales registeredMay 2024 · 1,325 sales registeredJune 2024 · 1,294 sales registeredJuly 2024 · 1,252 sales registeredAugust 2024 · 1,534 sales registeredSeptember 2024 · 1,335 sales registeredOctober 2024 · 1,493 sales registeredNovember 2024 · 1,575 sales registeredDecember 2024 · 1,571 sales registeredJanuary 2025 · 1,135 sales registeredFebruary 2025 · 1,399 sales registeredMarch 2025 · 2,461 sales registeredApril 2025 · 736 sales registeredMay 2025 · 1,208 sales registeredJune 2025 · 1,388 sales registeredJuly 2025 · 1,315 sales registeredAugust 2025 · 1,290 sales registeredSeptember 2025 · 1,196 sales registeredOctober 2025 · 1,293 sales registeredNovember 2025 · 1,093 sales registeredDecember 2025 · 1,116 sales registeredJanuary 2026 · 774 sales registeredFebruary 2026 · 800 sales registeredMarch 2026 · 865 sales registeredApril 2026 · 703 sales registeredMay 2026 · 238 sales registered

LE recorded 12,071 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 20,205 sales a year before the financial crisis and 13,341 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.

What homes rent for around LE

LE falls under Leicester, the local authority covering most of the LE area (parts fall under Hinckley and Bosworth and Charnwood, where rents differ), where the ONS puts the average private rent at £1,024 a month (May 2026 figures). A one-bed averages £717 a month here and a four-or-more-bed £1,459, so size does most of the work in setting the rent.

Average monthly rent by size, Leicester

ONS Price Index of Private Rents, May 2026.

1 bed: £717 a month£7171 bed2 bed: £894 a month£8942 bed3 bed: £1,045 a month£1,0453 bed4+ bed: £1,459 a month£1,4594+ bed

Set against the £260,000 median sold price, £1,024 a month is £12,288 a year, a gross yield of 4.7%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.

Will LE prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 6% over five years in cash but down 14% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.

Ladders and snakes: five-year risers and fallers

The spread across the LE area is the point: the same five years treated these districts very differently.

Five-year change in the median, LE area districts

The biggest risers and fallers in cash terms; every row links to that district's report.

LE4LE4 · +18% over five years · median £265,000+18%LE3LE3 · +14% over five years · median £234,200+14%LE6LE6 · +12% over five years · median £276,400+12%LE11LE11 · +11% over five years · median £228,000+11%LE12LE12 · +10% over five years · median £275,000+10%LE16LE16 · −3% over five years · median £320,000−3%LE65LE65 · −5% over five years · median £270,800−5%LE17LE17 · −8% over five years · median £302,500−8%LE14LE14 · −11% over five years · median £290,000−11%LE1LE1 · −22% over five years · median £117,000−22%

District by district

The area medians above hide a lot. Here is every LE district with enough sales to measure, dearest first; each links to its own full report.

DistrictMedian (2026)5-yearSales
LE16 Market Harborough, Arthingworth£320,000-3%167
LE7 Scraptoft, Thurnby£310,000+7%175
LE17 Lutterworth, Leire£302,500-8%86
LE14 Ashby Folville, Brooksby£290,000-11%65
LE8 Blaby, Great Glen£288,000+5%151
LE15 Oakham, Cold Overton£280,000+0%132
LE6 Ratby, Groby£276,400+12%48
LE12 East Leake, West Leake£275,000+10%301
LE65 Ashby-de-la-Zouch, Boundary£270,800-5%76
LE4 Beaumont Leys, Belgrave£265,000+18%217
LE5 Hamilton, Thurnby Lodge£260,000+10%163
LE19 Narborough, Enderby£260,000+1%51
LE9 Kirby Muxloe, Stoney Stanton£258,000+5%237
LE2 Oadby, Knighton£252,000+8%266
LE10 Hinckley, Burbage£245,000+5%239
LE18 Wigston, South Wigston£240,000+4%94
LE67£235,000+4%277
LE3 Braunstone, Glenfield£234,200+14%308
LE13 Melton Mowbray£230,000+7%131
LE11 Loughborough, Nanpantan£228,000+11%167
LE1 Leicester£117,000-22%29

Dig further

See every individual LE sale on the live map, mapped to the exact address, or the quick-reference LE price page. 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.

How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.