Real sold price data from HM Land Registry · Last 5 years · Excludes most recent 3 months (reporting lag)
Property Market Overview — Leicester's market has processed nearly 40,000 sales over five years, with a median price of £255,000. Activity remains substantial, though the market has contracted significantly, with prices down 27% from their 2023 peak. The recent 12-month average of £218,600 sits notably below the five-year mean of £319,073, reflecting a marked shift in pricing.
Property Types and Price Differences — Semi-detached homes dominate sales volume and are priced mid-range at £262,450, while detached properties command roughly 60% more at £418,470. Terraced homes average £216,358, and flats are the most affordable segment at £139,086—less than a third of detached prices. Semi-detached and terraced properties together account for nearly half of all transactions.
Price Trends Over Time — Prices climbed from £298,575 in 2021 to a peak of £341,930 in 2023, then entered a sharp decline. The 2024–2026 drop has been particularly steep, with recent prices falling to £218,600—a 36% decrease from the 2023 high and below 2021 levels.
What Stands Out — The recent market correction is extreme and unusually rapid. Price ranges remain wide (£94,000 to £327,000 recently), yet the concentration of sales in lower-priced property types suggests the market is increasingly activity-focused on affordable housing rather than premium stock.
| Street | Sales | Avg Price |
|---|---|---|
| Main Street | 466 | £412,757 |
| Leicester Road | 272 | £385,550 |
| Station Road | 228 | £390,390 |
| London Road | 191 | £261,451 |
| Hinckley Road | 190 | £318,040 |
| Melton Road | 146 | £451,200 |
| Tay Road | 136 | £293,494 |
| High Street | 122 | £295,794 |
| Uppingham Road | 105 | £480,918 |
| Bradgate Road | 88 | £286,467 |
| Date | Address | Postcode | Price | Type |
|---|---|---|---|---|
| Jan 2026 | 86 Whitteney Drive North | LE2 9AP | £230,000 | Semi-detached |
| Jan 2026 | 23 Haskell Close | LE3 3UA | £247,000 | Semi-detached |
| Jan 2026 | 8 Holderness Road | LE4 2LP | £160,000 | Terraced |
| Jan 2026 | 63 Briar Meads | LE2 5WE | £327,000 | Semi-detached |
| Jan 2026 | 4 Foxon Way | LE3 3TP | £275,000 | Terraced |
| Jan 2026 | 17 Flax Road | LE4 6QE | £220,000 | Terraced |
| Jan 2026 | 87 Glebelands Road | LE4 2WB | £198,000 | Semi-detached |
| Jan 2026 | 121 Main Street | LE7 4UW | £94,000 | Terraced |
| Jan 2026 | 10 Anthony Street | LE7 7PA | £250,000 | Terraced |
| Jan 2026 | 13 Bramham Close | LE3 9EL | £185,000 | Terraced |
This overview shows overall trends, but property values vary significantly by postcode, property type, and time period.
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Prices in Leicester have decreased by 27% over the past 5 years. The current mean price is £319,073 and the median is £255,000.
The mean average property price in Leicester is £319,073 based on 39,627 sales over the last 5 years. The median price (the middle value, less affected by extremes) is £255,000.
The most expensive property type in Leicester is detached homes, averaging £418,470. The most affordable is flats, averaging £139,086. There have been 39,627 total sales in the last 5 years.
There have been 39,627 property sales recorded in Leicester over the past 5 years, based on HM Land Registry data. The busiest street is Main Street with 466 sales.
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