Contains HM Land Registry data © Crown copyright and database right 2020. This data is licensed under the Open Government Licence v3.0.

Leicester, LE4 current market prices

The price growth in Leicester is higher than the national average, with the 2 year growth at 0.3 times the national average. Compared to other areas, LE4 is a relatively expensive area, with an average price INF% higher than the national average. The average house price in Leicester, LE4 is £171,582 and the average rent is £916.

LE4 Current Averages

Market characteristic LE4 district National LE4 against national
Average price £171,582 £0 INF%
Average rent £738 £916 -19.4%
Sales per month 45 7 (49,903 Total) +542.9%


LE4 Growth trends

Growth rate LE4 district National
2yr house growth -31.1% -100%
2yr CAGR -17% 0%
Last 12 months house price growth -36% -100%


LE4 Average Price by property type

Type Current Average Average 1 year ago Average 2 year ago Historical Average price
All properties £171,582 £268,117 £248,991 £280,063 View houses for sale in LE4
Flats £0 £116,650 £116,680 £129,369 View flats for sale in LE4
Detached £0 £336,200 £329,868 £382,163 View detached for sale in LE4
Semi-detached £0 £270,541 £248,003 £274,628 View semi-detached for sale in LE4
Terraced £0 £243,639 £210,741 £238,474 View terraced for sale in LE4
Bungalows N/A N/A N/A £279,063 View bungalows for sale in LE4

Type Historical Average Price
All properties to rent £1,414 View houses for rent in LE4
Flats for rent £774 View flats for rent in LE4
Detached for rent £1,382 View detached for rent in LE4
Semi-detached for rent £1,094 View semi-detached for rent in LE4
Terraced for rent £530 View terraced for rent in LE4
Bungalows for rent £913 View bungalows for rent in LE4



Current market notes

The data above illustrates the relative proportions different types of property in the LE4 postcode district. It is important to note that as homes are demolished and built these percentages will fluctuate accordingly. National averages are based on the most recent data available from the HM Land Registry© datasets.
Current average price and rent are based on the last month of data available.
The current average price is an average over the past 6 months to avoid inaccuracies caused by low sales numbers.
Sales per month is an average over the past 12 months.
Historical average prices are calculated using all LE4 sales since 1995. The growth trends table shows the change in average house price for the LE4 postcode district over the past 1 and 2 years as well as the averages across all postcode districts.

Please note that end of terrace properties are defined as terrace, as opposed to semi detached.
Flats include the following property types: Ground Flat, Flat, Studio, Ground Maisonette, Maisonette.
Bungalows include the following property types: Bungalow, Terraced Bungalow, Semi-Detached Bungalow, Detached Bungalow.
The 'Other' category includes all properties in categories not mentioned on this page and is included for completeness.

CAGR: Compound Annual Growth Rate is the year-over-year growth rate of house prices over a specified period of time (in this case five years). This figure gives an indication of the returns that have been seen historically. It can also be seen as a "smoothed" rate of return.