Local market reports › LE area › LE2 › LE2 3
Oadby market report LE2 3, Leicester
The LE2 3 (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: 5,906 completed sales registered with HM Land Registry in LE2 3 (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: the middle 2026 sale in LE2 3 (Leicester) came in at £355,000, out of 49 registered, up 11% on five years earlier, and the mean stands at £374,500, and by floor area homes here have averaged about £3,360 per square metre over the last five years. The record behind it is 5,906 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
A postcode sector like LE2 3 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 3 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.
LE2 3 sold prices: where the market stands
In the LE2 3 property market, the 2026 median sale price is £355,000, from 49 registered sales; the mean, the "average house price" most sites quote, is £374,500, sitting modestly above it, the usual shape of a market with an expensive tail.
LE2 3 prices by floor area
A square metre of LE2 3 home has cost about £3,360 on average across the last five years of sales, using the floor area on each home's Energy Performance Certificate: the measure that puts a studio and a five-bed on the same footing.
Against a national (England and Wales) median of £285,000, LE2 3 runs 25% above it.
LE2 3's median sold price, 1995 to 2026
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £355,000 | £355,000 | 49 |
| 2025 | £362,500 | £371,168 | 118 |
| 2024 | £360,000 | £382,754 | 145 |
| 2023 | £350,000 | £384,565 | 109 |
| 2022 | £353,800 | £414,871 | 130 |
| 2021 | £320,000 | £405,161 | 180 |
| 2020 | £305,000 | £395,744 | 108 |
| 2019 | £305,000 | £399,782 | 137 |
| 2018 | £303,800 | £404,971 | 154 |
| 2017 | £250,000 | £340,975 | 177 |
| 2016 | £245,000 | £342,757 | 163 |
| 2015 | £240,000 | £339,120 | 186 |
| 2014 | £220,000 | £312,108 | 189 |
| 2013 | £199,000 | £286,341 | 158 |
| 2012 | £205,000 | £301,734 | 134 |
| 2011 | £215,500 | £325,322 | 143 |
| 2010 | £212,500 | £333,255 | 172 |
| 2009 | £205,100 | £329,700 | 171 |
| 2008 | £210,500 | £345,054 | 138 |
| 2007 | £191,500 | £324,837 | 205 |
| 2006 | £185,000 | £321,136 | 254 |
| 2005 | £178,000 | £316,768 | 194 |
| 2004 | £185,000 | £335,996 | 267 |
| 2003 | £150,000 | £276,336 | 269 |
| 2002 | £125,000 | £235,186 | 323 |
| 2001 | £100,200 | £192,629 | 268 |
| 2000 | £87,000 | £170,738 | 228 |
| 1999 | £79,000 | £157,443 | 255 |
| 1998 | £65,000 | £131,207 | 230 |
| 1997 | £64,800 | £132,892 | 194 |
| 1996 | £58,600 | £123,585 | 240 |
| 1995 | £58,000 | £126,083 | 218 |
In cash terms the typical LE2 3 home went from £58,000 in 1995 to £355,000 in 2026, roughly 6 times the price. Inflation explains only part of it: in today's money the rise is still about 182%, a genuine increase in what a home here costs. In inflation-adjusted terms the high-water mark was 2022. The market now sits about 14% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the LE2 3 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 2002 (+24.8% on the year before); the weakest, 2012 (−4.9%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −2.1% | −4.4% |
| 5 years (since 2021) | +2.1% | −2.6% |
| 10 years (since 2016) | +3.8% | +0.4% |
| 20 years (since 2006) | +3.3% | +0.5% |
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.
Transaction volumes
The year-by-year sales count
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, 49 sales completed in LE2 3. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 251 sales a year before the financial crisis and 110 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 kind of market LE2 3 is
This is a thin market: 49 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. Against the LE2 district median, LE2 3 sits 38% higher, marking it as a dearer pocket of the district.
What homes rent for around LE2 3
The local authority for LE2 3 is Leicester, and its ONS average private rent currently stands at £1,024 a month (May 2026 figures). The spread runs from £717 a month for a typical one-bed to £1,459 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Leicester
ONS Price Index of Private Rents, May 2026.
Against the £355,000 median purchase price, a rent of £1,024 a month (£12,288 a year) works out at a 3.5% 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.
LE2 3 (Oadby): the questions that come up
Is LE2 3 (Oadby) a good place to buy a house?
How much did a house sell for in LE2 3 (Oadby)?
Are property prices falling in LE2 3 (Oadby)?
What happens to LE2 3 prices now?
No honest page predicts prices, so this one sticks to the record: the median is up 11% over five years in cash but down 12% 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.
On the market in LE2 today
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 3: live asking prices are collected per district.
25% of current listings sit under the prices comparable homes actually fetched. Each listing is compared with recent recorded sales of similar homes nearby.
- Bridgemere Close, Glen Parva, Leicest...
- Lockside Close, Glen Parva, Leicester
- Stoneycroft, Stoneygate Road, Stoneygate
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
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.
The price of an extra bedroom in LE
The Land Registry record, split by size: what each kind of home actually sold for across the LE area. 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. 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 2 | £229,500 | 27 |
| 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.
Selling in LE2 3? Start from the sold record
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in LE2 3, open the average prices map and zoom from the LE2 3 shading down to the sold homes on your own street. Every recorded LE2 3 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim LE2 3.
Take it further
The AI answers from the same Land Registry data this report is built on, already scoped to LE2 3. Free after a one click sign in.
Two maps carry on from here: every LE2 3 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.
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.