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Oadby market report LE2 2, Leicester
The standing LE2 2 (Oadby) property market report, rebuilt from the full public record every month. This page is built from the public record and nothing else: 3,309 completed sales registered with HM Land Registry in LE2 2 (Leicester) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the typical home in LE2 2 (Leicester) sold for £229,500 in 2026, the median of 27 registered sales, down 34% on five years earlier. The mean was £333,800, and by floor area homes here have averaged about £3,240 per square metre over the last five years. The figures cover 3,309 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
A postcode sector like LE2 2 is a single group of streets within LE2 (Leicester), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where LE2 2 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.
Today's LE2 2 prices, from the sold record
In the LE2 2 property market, the 2026 median sale price is £229,500, from 27 registered sales; the mean, the "average house price" most sites quote, is £333,800, sitting well clear of it: the mark of a market where a small number of costly homes drag the average upwards.
Price per square metre in LE2 2
Measured by floor area, the last five years of LE2 2 sales average about £3,240 per square metre. Price per square metre is the fair way to compare a one-bed flat with a four-bed house, and it comes from the Energy Performance Certificate on each sold home.
For scale: the England and Wales median is £285,000, so LE2 2 trades 19% below the country as a whole.
A typical LE2 2 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 | £229,500 | £229,500 | 27 |
| 2025 | £365,000 | £373,728 | 94 |
| 2024 | £380,000 | £404,018 | 103 |
| 2023 | £380,000 | £417,527 | 118 |
| 2022 | £385,000 | £451,456 | 129 |
| 2021 | £347,000 | £439,347 | 93 |
| 2020 | £190,200 | £246,788 | 58 |
| 2019 | £206,000 | £270,017 | 77 |
| 2018 | £243,500 | £324,590 | 86 |
| 2017 | £165,000 | £225,043 | 79 |
| 2016 | £208,000 | £290,994 | 87 |
| 2015 | £217,000 | £306,621 | 97 |
| 2014 | £285,000 | £404,322 | 107 |
| 2013 | £180,000 | £259,002 | 69 |
| 2012 | £185,000 | £272,297 | 68 |
| 2011 | £235,000 | £354,760 | 71 |
| 2010 | £215,000 | £337,175 | 81 |
| 2009 | £215,000 | £345,614 | 77 |
| 2008 | £180,000 | £295,058 | 71 |
| 2007 | £215,000 | £364,700 | 135 |
| 2006 | £223,000 | £387,100 | 121 |
| 2005 | £225,000 | £400,409 | 111 |
| 2004 | £198,000 | £359,607 | 133 |
| 2003 | £112,500 | £207,252 | 145 |
| 2002 | £93,500 | £175,919 | 132 |
| 2001 | £81,000 | £155,718 | 144 |
| 2000 | £81,000 | £158,963 | 160 |
| 1999 | £81,000 | £161,429 | 164 |
| 1998 | £96,800 | £195,398 | 122 |
| 1997 | £66,500 | £136,378 | 112 |
| 1996 | £70,000 | £147,627 | 125 |
| 1995 | £75,000 | £163,038 | 113 |
In cash terms the typical LE2 2 home went from £75,000 in 1995 to £229,500 in 2026, roughly 3.1 times the price. Adjusted for inflation it still comes to a real rise of roughly 41%, so homes here got dearer in substance, not only in cash. Measured in today's money the market peaked in 2022; the current median sits about 49% below that. Someone who bought at the 2022 peak has not yet seen that price back in real terms.
Year-on-year change in the LE2 2 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 2021 (+82.4% on the year before); the weakest, 2026 (−37.1%). 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) | −37.1% | −38.6% |
| 5 years (since 2021) | −7.9% | −12.2% |
| 10 years (since 2016) | +1.0% | −2.3% |
| 20 years (since 2006) | +0.1% | −2.6% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
Transaction volumes
Sales per year, counted
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
Over the last twelve months of data, 27 sales completed in LE2 2. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 135 sales a year before the financial crisis and 94 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.
Rents around LE2 2
For renting purposes LE2 2 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.
Set against the £229,500 median sold price, £1,024 a month is £12,288 a year, a gross yield of 5.4%: 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.
The shape of the LE2 2 market
Only 27 sales completed here in the last twelve months of data, which makes LE2 2 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching. Within LE2, this sector trades 11% below the district median: one of its district's cheaper corners.
What people ask about LE2 2 (Oadby)
How much did a house sell for in LE2 2 (Oadby)?
Are property prices falling in LE2 2 (Oadby)?
Is LE2 2 (Oadby) a good place to buy a house?
Where do LE2 2 prices go next?
That question has no honest answer, only evidence. The evidence: the median is down 34% over five years in cash but down 48% after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
What you could buy in LE2 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 2: live asking prices are collected per district.
25% of what is on the market here is asking below what comparable homes actually sold for. 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 →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
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 | — | £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%) | — | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. 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 districts that gained and lost most in cash terms, each row linking through to its own 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 1 | £250,000 | 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.
Before you sell in LE2 2: what the record supports
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in LE2 2, use the average prices map for a rough value: zoom from LE2 2's shading down to the sold homes on your own street. The figures above are every recorded LE2 2 sale; agents price with this same Land Registry record, and now you have it too.
Estate agents working LE2 2: the featured spot on this report is free for founding agents, one per district. Claim LE2 2.
Take it further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about LE2 2. Free, with a one click sign in.
Two maps carry on from here: every LE2 2 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.