Local market reports › LE area › LE2 › LE2 1
Oadby market report LE2 1, Leicester
The LE2 1 (Oadby) house price history in full, 1995 to 2026, in cash and in today's money. This page is built from the public record and nothing else: 5,640 completed sales registered with HM Land Registry in LE2 1 (Leicester) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: 27 registered 2026 sales put the LE2 1 (Leicester) median at £250,000, up 18% on five years earlier, with a mean of £271,000, and by floor area homes here have averaged about £2,770 per square metre over the last five years. Everything rests on 5,640 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
LE2 1 is a postcode sector: one group of streets inside LE2 (Leicester). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where LE2 1 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 LE2 1 sells for
Across 27 registered 2026 sales, the typical (median) LE2 1 home went for £250,000. The mean is £271,000, somewhat above it, as happens wherever a market carries an expensive tail.
Price per square metre in LE2 1
Averaged across five years of sales, floor space in LE2 1 costs about £2,770 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.
England and Wales as a whole trade at a £285,000 median, leaving LE2 1 12% below the national figure.
A typical LE2 1 home, priced year by year (1995 to 2026)
Two lines: the median in the money of its day, and the same years restated by ONS CPIH into today's money, which is the truer test of getting dearer. Hover for exact figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £250,000 | £250,000 | 27 |
| 2025 | £236,800 | £242,463 | 104 |
| 2024 | £228,000 | £242,411 | 101 |
| 2023 | £238,000 | £261,504 | 94 |
| 2022 | £230,000 | £269,701 | 131 |
| 2021 | £212,000 | £268,419 | 131 |
| 2020 | £200,000 | £259,504 | 85 |
| 2019 | £190,000 | £249,045 | 112 |
| 2018 | £187,500 | £249,941 | 118 |
| 2017 | £176,800 | £241,137 | 133 |
| 2016 | £157,500 | £220,344 | 178 |
| 2015 | £155,000 | £219,015 | 148 |
| 2014 | £153,000 | £217,057 | 159 |
| 2013 | £148,000 | £212,957 | 133 |
| 2012 | £128,500 | £189,136 | 92 |
| 2011 | £141,000 | £212,856 | 125 |
| 2010 | £138,800 | £217,674 | 122 |
| 2009 | £147,000 | £236,304 | 132 |
| 2008 | £150,000 | £245,882 | 138 |
| 2007 | £150,000 | £254,442 | 275 |
| 2006 | £138,500 | £240,418 | 349 |
| 2005 | £136,000 | £242,025 | 229 |
| 2004 | £135,000 | £245,186 | 234 |
| 2003 | £113,000 | £208,173 | 283 |
| 2002 | £81,000 | £152,401 | 284 |
| 2001 | £70,000 | £134,571 | 304 |
| 2000 | £59,700 | £117,161 | 290 |
| 1999 | £54,500 | £108,616 | 294 |
| 1998 | £53,400 | £107,792 | 222 |
| 1997 | £47,000 | £96,388 | 201 |
| 1996 | £43,000 | £90,685 | 210 |
| 1995 | £45,100 | £98,040 | 202 |
In cash terms the typical LE2 1 home went from £45,100 in 1995 to £250,000 in 2026, roughly 6 times the price. Even after inflation that is a real rise of about 155%: homes here genuinely became dearer, not merely more expensive on paper. The real-terms peak came in 2022, and today's median remains roughly 7% under it: a 2022 buyer is still waiting to get that price back in today's money.
Year-on-year change in the LE2 1 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 (+39.5% on the year before); the weakest, 2012 (−8.9%). 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 years (since 2025) | +5.6% | +3.1% |
| 5 years (since 2021) | +3.4% | −1.4% |
| 10 years (since 2016) | +4.7% | +1.3% |
| 20 years (since 2006) | +3.0% | +0.2% |
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.
Sales activity in LE2 1
Sales per year, counted
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 register shows 27 LE2 1 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 281 sales a year before the financial crisis and 91 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
What kind of market LE2 1 is
Only 27 sales completed here in the last twelve months of data, which makes LE2 1 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint.
What tenants pay around LE2 1
For renting purposes LE2 1 sits in Leicester. The ONS average private rent there is £1,024 a month (May 2026). 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 £250,000 median purchase price, a rent of £1,024 a month (£12,288 a year) works out at a 4.9% 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.
Common questions on LE2 1 (Oadby)
Is LE2 1 (Oadby) a good place to buy a house?
How much did a house sell for in LE2 1 (Oadby)?
Are property prices falling in LE2 1 (Oadby)?
What happens to LE2 1 prices now?
Prediction is not this page's business. Its business is the record, which says: the median is up 18% over five years in cash but down 7% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
What is for sale in LE2 right now
This is what you could actually buy today: 421 homes currently on the market from 15 agents publishing to HomesIndex.
These cover the whole LE2 district, not just LE2 1: live asking prices are collected per district.
Of everything listed here, 25% asks less than the sold record of comparable homes. Every listing is measured against recent recorded sales of similar nearby homes.
- Bridgemere Close, Glen Parva, Leicest...
- Lockside Close, Glen Parva, Leicester
- Stoneycroft, Stoneygate Road, Stoneygate
"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 LE2 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
What another bedroom costs in LE
What homes of each size actually sold for across the LE area, 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 | — | £285,000 | £380,000 (+33%) | £560,000 (+47%) | £795,000 (+42%) |
| Semi-detached | £210,000 | £242,000 (+15%) | £282,000 (+17%) | £360,000 (+28%) | £500,000 (+39%) |
| Terraced | £183,000 | £205,000 (+12%) | £243,500 (+19%) | £310,000 (+27%) | £402,500 (+30%) |
| Flat | £125,000 | £152,750 (+22%) | £210,000 (+37%) | — | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Blank cells mean too few homes for the figure to mean anything.
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.
Other sectors in LE2
A few minutes' walk can separate two very different markets. Here are LE2's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| LE2 0 | £233,800 | 16 |
| LE2 2 | £229,500 | 27 |
| LE2 3 | £355,000 | 49 |
| LE2 4 | £340,000 | 44 |
| LE2 5 | £324,500 | 46 |
| LE2 6 | £240,000 | 41 |
| LE2 7 | £167,500 | 14 |
| LE2 8 | £230,000 | 59 |
| LE2 9 | £227,000 | 58 |
Zoom out to the full LE2 district report for the type split, monthly volumes and how LE2 compares with its neighbours.
Thinking of selling in LE2 1? Get a rough value first
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in LE2 1, use the average prices map for a rough value: zoom from LE2 1's shading down to the sold homes on your own street. The figures above are every recorded LE2 1 sale; agents price with this same Land Registry record, and now you have it too.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim LE2 1.
Keep digging
Behind the answers sits the same Land Registry record as this page, with LE2 1 already set as the subject. Free, one click sign in.
Two maps carry on from here: every LE2 1 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices 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.