Area guide
Everything you need to know about buying property in the LE5 postcode area, covering Leicester and surrounding areas. All price data sourced from HM Land Registry — updated August 2026.
Average price
£152,466
Median price
£129,950
5-year trend
+34.6%
Total sales
30,547
The LE5 area has 1,297 individual postcodes with 30,547 registered sales. Prices are +61.8% below the national average, with the largest concentration in Leicester. The five-year price movement is +34.6%.
A diverse and affordable Midlands city with fast trains to London St Pancras and a growing food and cultural scene.
🚆 Main station
Leicester
⏱️ London commute
~70 min by train
🏫 Notable school
Leicester Grammar School
LE5 averages £152,466, placing it in the affordable category, +61.8% below the national average. Affordable areas can offer good value for first-time buyers and investors seeking lower entry points. The dataset includes 30,547 recorded sales across 1,297 postcodes.
The five-year price trend in LE5 is +34.6%, significantly outpacing many other areas. This level of growth may reflect improving local amenities, transport links or broader regeneration.
LE5 1UG
£136,813 avg · 173 sales
LE5 0TL
£90,638 avg · 170 sales
LE5 2LX
£80,509 avg · 165 sales
LE5 1PS
£127,144 avg · 151 sales
LE5 1PQ
£141,639 avg · 145 sales
LE5 1BH
£164,232 avg · 144 sales
LE5 1TP
£111,048 avg · 141 sales
LE5 1PT
£199,791 avg · 133 sales
LE5 1QF
£159,802 avg · 129 sales
This LE5 area guide is based on HM Land Registry Price Paid Data, covering registered residential property sales in England and Wales from January 1995 onwards. All figures are historical sold prices, not current valuations or asking prices.
Data last updated: August 2026 · View methodology
The average sold price in the LE5 postcode area is £152,466, based on 30,547 HM Land Registry transactions. The largest town in this area is Leicester.
Properties in LE5 average £152,466, which is +61.8% below the national average of £398,894 for England and Wales.
The median price (£129,950) is 14.8% below the average (£152,466), suggesting a mix of property types or a few high-value sales pulling the mean upward. This is common in areas with both affordable and premium housing.
Prices in LE5 have moved +34.6% over five years, reflecting broader UK house price growth. The large sample size gives confidence in this trend.
No. All figures on this page are historical completed sale prices from HM Land Registry Price Paid Data. They are not current valuations, estate agent asking prices, or financial advice. Always seek professional advice before making property decisions.
Asking Price vs Sold Price in the UK
Understand the difference between asking prices and actual sold prices.
How to Use Sold Prices When Making an Offer
Use sold-price evidence to prepare for a UK property offer.
Down Valuations: What to Do
Respond to a low mortgage valuation with local sold-price evidence.
View all guides →