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Oadby market report LE2 5, Leicester
The standing LE2 5 (Oadby) property market report, rebuilt from the full public record every month. Everything below comes from 3,866 sales recorded by HM Land Registry in LE2 5 (Leicester) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the 2026 median for LE2 5 (Leicester) is £324,500, from 46 registered sales, up 14% on five years earlier; the mean is £351,100, and by floor area homes here have averaged about £3,370 per square metre over the last five years. Behind the figures sit 3,866 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
A postcode sector like LE2 5 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 5 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 5 sells for
The 2026 median for LE2 5 is £324,500, taken from 46 registered sales. The mean, which is what most sites call the "average house price", is £351,100, modestly above it, the usual shape of a market with an expensive tail.
LE2 5 prices by floor area
Averaged across five years of sales, floor space in LE2 5 costs about £3,370 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.
For scale: the England and Wales median is £285,000, so LE2 5 trades 14% above the country as a whole.
The price of a typical LE2 5 home, 1995 to 2026
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £324,500 | £324,500 | 46 |
| 2025 | £300,000 | £307,174 | 95 |
| 2024 | £286,200 | £304,289 | 100 |
| 2023 | £295,000 | £324,133 | 111 |
| 2022 | £296,800 | £348,032 | 108 |
| 2021 | £283,500 | £358,948 | 135 |
| 2020 | £262,000 | £339,950 | 101 |
| 2019 | £250,000 | £327,690 | 105 |
| 2018 | £232,800 | £310,327 | 88 |
| 2017 | £225,000 | £306,877 | 107 |
| 2016 | £212,500 | £297,290 | 132 |
| 2015 | £175,000 | £247,275 | 119 |
| 2014 | £175,000 | £248,268 | 118 |
| 2013 | £168,800 | £242,886 | 88 |
| 2012 | £165,000 | £242,859 | 104 |
| 2011 | £175,000 | £264,183 | 107 |
| 2010 | £175,000 | £274,445 | 97 |
| 2009 | £150,000 | £241,126 | 112 |
| 2008 | £165,000 | £270,470 | 90 |
| 2007 | £175,500 | £297,697 | 164 |
| 2006 | £166,800 | £289,543 | 180 |
| 2005 | £165,200 | £293,989 | 161 |
| 2004 | £160,000 | £290,591 | 141 |
| 2003 | £136,000 | £250,545 | 151 |
| 2002 | £112,000 | £210,727 | 153 |
| 2001 | £96,000 | £184,555 | 160 |
| 2000 | £81,500 | £159,944 | 127 |
| 1999 | £72,000 | £143,492 | 157 |
| 1998 | £67,500 | £136,254 | 126 |
| 1997 | £59,700 | £122,433 | 136 |
| 1996 | £53,600 | £113,040 | 132 |
| 1995 | £54,000 | £117,388 | 115 |
In cash terms the typical LE2 5 home went from £54,000 in 1995 to £324,500 in 2026, roughly 6 times the price. Even after inflation that is a real rise of about 176%: homes here genuinely became dearer, not merely more expensive on paper. Measured in today's money the market peaked in 2021; the current median sits about 10% 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 LE2 5 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 (+21.4% on the year before); the weakest, 2009 (−9.1%). 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) | +8.2% | +5.6% |
| 5 years (since 2021) | +2.7% | −2.0% |
| 10 years (since 2016) | +4.3% | +0.9% |
| 20 years (since 2006) | +3.4% | +0.6% |
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.
How many homes change hands in LE2 5
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.
The register shows 46 LE2 5 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 155 sales a year before the financial crisis and 92 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 LE2 5
LE2 5 falls under Oadby and Wigston, where the ONS puts the average private rent at £1,024 a month (May 2026 figures). Size sets most of the rent: one-beds average £733 a month here against £1,562 for four or more bedrooms.
Average monthly rent by size, Oadby and Wigston
ONS Price Index of Private Rents, May 2026.
Against the £324,500 median purchase price, a rent of £1,024 a month (£12,288 a year) works out at a 3.8% 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.
Reading the LE2 5 market
This is a thin market: 46 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 5 sits 26% higher, marking it as a dearer pocket of the district.
What people ask about LE2 5 (Oadby)
Are property prices falling in LE2 5 (Oadby)?
Is LE2 5 (Oadby) a good place to buy a house?
How much did a house sell for in LE2 5 (Oadby)?
Are LE2 5 prices heading up or down?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 14% over five years in cash but down 10% 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.
What you could buy in LE2 now
The live side of the market holds 421 homes at the moment, listed by 15 agents publishing to HomesIndex.
These cover the whole LE2 district, not just LE2 5: 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 →
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.
Bedroom by bedroom: LE prices by size
Real sold prices by size across the LE area, straight from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| 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%) | — | — |
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. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the 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
Cash-terms risers and fallers across the area; click any row for that district's full 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 3 | £355,000 | 49 |
| LE2 4 | £340,000 | 44 |
| 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 a home in LE2 5? Price it on the evidence
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in LE2 5, open the average prices map and zoom from the LE2 5 shading down to the sold homes on your own street. Every recorded LE2 5 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Estate agents working LE2 5: the featured spot on this report is free for founding agents, one per district. Claim LE2 5.
Dig further
Behind the answers sits the same Land Registry record as this page, with LE2 5 already set as the subject. Free, one click sign in.
Two maps carry on from here: every LE2 5 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.