Local market reports › LE area › LE7 › LE7 3

Scraptoft market report LE7 3, Leicester

The standing LE7 3 (Scraptoft) property market report, rebuilt from the full public record every month. Everything below comes from 2,981 sales recorded by HM Land Registry in LE7 3 (Leicester) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.

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

In short: a typical LE7 3 (Leicester) home changed hands for £301,500 in 2026 (median of 36 registered sales, up 11% on five years earlier), with the mean at £327,400, and by floor area homes here have averaged about £3,480 per square metre over the last five years. Source: 2,981 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.

A postcode sector like LE7 3 is a single group of streets within LE7 (Leicester), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.

The going rate for a home in LE7 3

36 sales were registered in LE7 3 in 2026, and the middle one of them, the median, went for £301,500. The mean works out at £327,400, somewhat above it, as happens wherever a market carries an expensive tail.

LE7 3 prices by floor area

The last five years of sales put LE7 3 at roughly £3,480 per square metre. That figure, built from each sale's Energy Performance Certificate floor area, is the one that makes a small flat and a big house comparable.

The national median for England and Wales is £285,000, which puts LE7 3 6% above the country at large.

In cash terms the typical LE7 3 home went from £52,400 in 1995 to £301,500 in 2026, roughly 6 times the price. Even after inflation that is a real rise of about 165%: homes here genuinely became dearer, not merely more expensive on paper. Measured in today's money the market peaked in 2024; the current median sits about 23% below that. Someone who bought at the 2024 peak has not yet seen that price back in real terms.

The strongest year on record here is 2003 (+38.5% on the year before); the weakest, 2026 (−16.9%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

Annualised returns

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.

Sales activity in LE7 3

The register shows 36 LE7 3 sales across the most recent twelve months of data. Unusually, activity here runs above its pre-2008 level: 121 sales a year over the last five years against 90 before the financial crisis. 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.

How LE7 3 trades

Only 36 sales completed here in the last twelve months of data, which makes LE7 3 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.

Rents around LE7 3

LE7 3 falls under Charnwood, where the ONS puts the average private rent at £955 a month (May 2026 figures). A one-bed averages £674 a month here and a four-or-more-bed £1,468, so size does most of the work in setting the rent.

£955 a month is £11,460 a year, which against the £301,500 median sold price makes a gross yield of 3.8%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.

Common questions on LE7 3 (Scraptoft)

Where do LE7 3 prices go next?

That question has no honest answer, only evidence. The evidence: the median is up 11% over five years in cash but down 12% 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.

On the market in LE7 today

Bedroom by bedroom: LE prices by size

The risers and the fallers

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

Other sectors in LE7

A few minutes' walk can separate two very different markets. Here are LE7's other sectors, each with its own report:

Zoom out to the full LE7 district report for the type split, monthly volumes and how LE7 compares with its neighbours.

Before you sell in LE7 3: what the record supports

Dig further

Answers come from the same Land Registry data behind this report, and the AI knows you are asking about LE7 3. Free, with a one click sign in.

See every individual LE7 3 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. 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.

Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.