Area market snapshot

Leicester property market

Updated 4 October 2026 · refreshed daily

Map: Leicester is in Leicestershire, covering about 30 square miles.
Median asking price
£250,000↓ 29% below UK

1,447 for sale · UK £350k

Median sold price · 12 months to January 2026
£250,000↓ 14% below England & Wales

England & Wales £290k

Typical asking range
Typical asking range (middle half of listings) and median
MarketRange lowMedianRange high
Leicester£175,000£250,000£335,000
UK£220,000£350,000£560,000

Each band covers the middle half of asking prices.

How Leicester differs from UK
  • A typical 2-bed asks £180k here, compared to £250k across UK
The last 30 days

More homes came onto the market in Leicester than left it

New listings
357

↓ 15% · was 418

Price cuts
198

↑ 49% · was 133

Went off market
287

↓ 12% · was 326

Typical time listed
63 days

before going off the market

Changes compare with the prior 30 days.

Asking prices

Where homes in Leicester sit by price band, against the UK

Homes for sale in Leicester skew cheaper than in the UK

68% of Leicester listings ask under £300k, a bigger share than the UK (41%)

Share of current listings by asking-price band
Price bandLeicester listingsLeicester shareUK share
<£150k25618%10%
£150k–200k20414%10%
£200k–250k25017%10%
£250k–300k27919%11%
£300k–400k21315%16%
£400k–500k1228%12%
£500k–750k1017%16%
£750k+222%15%

Prices by property type

Current listings and Land Registry sales in Leicester, set against UK

Terraced houses are 29% of homes for sale in Leicester, against 18% across UK

Share of homes for sale by property type
property typeLeicesterUK
Terraced (423 for sale)£29£18
Flats (363 for sale)£25£29
Semi-detached (343 for sale)£24£17
Detached (214 for sale)£15£21

Terraced houses in Leicester ask £230k, 12% less than UK terraced houses (£260k)

Median asking price of current listings; the count under each row

Median asking price by property type
property typeLeicesterUK
Terraced (423 for sale)£230,000£260,000
Flats (363 for sale)£125,000£275,000
Semi-detached (343 for sale)£280,000£300,000
Detached (214 for sale)£450,000£550,000

Price per square foot

Sold · 12 months to July 2026
£277per sq ft↓ 11% below UK

1,967 matched sales

UK: £310 per sq ft

Asking · current listings
£262per sq ft↓ 25% below UK

847 listings with a known floor area

UK: £349 per sq ft

Sold prices per sq ft in Leicester are up 64% over 10 years, to £277

Each point is the median across the 12 months ending on that date

Sold price per square foot over time (12-month windows ending each quarter); the chart plots each line as the percentage change since its first point
Window endsLeicester
Sept 2016£169
Dec 2016£172
Mar 2017£176
Jun 2017£178
Sept 2017£182
Dec 2017£186
Mar 2018£187
Jun 2018£191
Sept 2018£194
Dec 2018£198
Mar 2019£200
Jun 2019£202
Sept 2019£205
Dec 2019£208
Mar 2020£210
Jun 2020£212
Sept 2020£215
Dec 2020£221
Mar 2021£227
Jun 2021£232
Sept 2021£237
Dec 2021£240
Mar 2022£245
Jun 2022£251
Sept 2022£259
Dec 2022£266
Mar 2023£269
Jun 2023£273
Sept 2023£272
Dec 2023£269
Mar 2024£270
Jun 2024£268
Sept 2024£268
Dec 2024£270
Mar 2025£271
Jun 2025£272
Sept 2025£274
Dec 2025£274
Mar 2026£276
Jun 2026£277
Jul 2026£277

Homes sold in Leicester

Completed sales
2,808↑ 6% vs previous year

Previous 12 months: 2,655 sales

Median sold price
£250,000↓ 14% below England & Wales

England & Wales: £290,000

The median sold price in Leicester is up 79% over the last 10 years, to £250k

Each point is the median over the 12 months ending on that date

Median sold price over time (12-month windows ending each quarter); the chart plots each line as the percentage change since its first point
Window endsLeicester
Mar 2016£140k
Jun 2016£141k
Sept 2016£145k
Dec 2016£147k
Mar 2017£150k
Jun 2017£151k
Sept 2017£155k
Dec 2017£160k
Mar 2018£160k
Jun 2018£165k
Sept 2018£168k
Dec 2018£172k
Mar 2019£175k
Jun 2019£175k
Sept 2019£178k
Dec 2019£180k
Mar 2020£185k
Jun 2020£185k
Sept 2020£190k
Dec 2020£195k
Mar 2021£205k
Jun 2021£213k
Sept 2021£216k
Dec 2021£220k
Mar 2022£220k
Jun 2022£222k
Sept 2022£230k
Dec 2022£235k
Mar 2023£238k
Jun 2023£240k
Sept 2023£240k
Dec 2023£237k
Mar 2024£238k
Jun 2024£240k
Sept 2024£242k
Dec 2024£245k
Mar 2025£249k
Jun 2025£250k
Sept 2025£250k
Dec 2025£250k
Jan 2026£250k

2,808 homes sold in Leicester in the 12 months to January 2026, 8% above Leicester's five-year norm of 2,596 a year

Sales in the 12 months ending each quarter

Homes sold over time (12-month windows ending each quarter)
Window endsLeicester
Mar 20164,053
Jun 20163,996
Sept 20163,890
Dec 20163,846
Mar 20173,528
Jun 20173,582
Sept 20173,653
Dec 20173,637
Mar 20183,618
Jun 20183,697
Sept 20183,626
Dec 20183,589
Mar 20193,596
Jun 20193,406
Sept 20193,343
Dec 20193,228
Mar 20203,130
Jun 20202,846
Sept 20202,525
Dec 20202,487
Mar 20212,734
Jun 20213,326
Sept 20213,667
Dec 20213,661
Mar 20223,475
Jun 20223,220
Sept 20223,159
Dec 20223,180
Mar 20233,060
Jun 20232,875
Sept 20232,644
Dec 20232,512
Mar 20242,417
Jun 20242,420
Sept 20242,497
Dec 20242,596
Mar 20252,925
Jun 20252,858
Sept 20252,908
Dec 20252,840
Jan 20262,808

What listings offer

Leicester has less parking and fewer gardens but more chain-free homes than the UK.

Gardens
75%

Fewer gardens than UK

75% of listings have a garden; UK: 78%. 1,079 of 1,447 listings have a garden. Counted from listing descriptions, so treat as a lower bound.
Parking
68%

Less parking than UK

68% of listings have parking or a garage; UK: 74%. 977 of 1,447 listings have parking or a garage. Counted from listing descriptions, so treat as a lower bound.
Chain-free
35%

More chain-free homes than UK

35% of listings are listed as chain-free; UK: 31%. 511 of 1,447 listings are listed as chain-free. Counted from listing descriptions, so treat as a lower bound.

Recent sales in Leicester

The newest completed sales registered with HM Land Registry

AddressSoldPrice
6 Steele Close · LE5 4LWTerraced · FreeholdJul 2026£198,000
61 St Austell Road · LE5 2RHTerraced · FreeholdJul 2026£70,756
357 Scraptoft Lane · LE7 9SESemi-detached · FreeholdJul 2026£297,000
7 College Avenue · LE2 0JFTerraced · FreeholdJul 2026£220,000
28 Paget Road · LE3 5HLTerraced · FreeholdJul 2026£133,500

Current listings worth a look

Picked by simple rules, not adverts: cheapest, most space, gardens

Watching the Leicester market?

Perch sends you the new listings, price drops and off-market moves that match your search, every morning, from every estate agent we track.

Set up my daily briefing

Looking at one home in Leicester?

Paste the listing link and see how its asking price compares with recent sold prices and similar homes nearby. Free, and no account needed.

Try the free house price checker

How nearby areas compare

Current listings around Leicester

AreaFor saleMedian asking
Leicester1,447£250k
Coventry1,271£240k
Nottingham1,481£195k
Derby1,510£230k
Birmingham3,847£240k
Peterborough1,436£220k
Sheffield1,425£190k
Lincoln1,115£210k
Milton Keynes1,081£335k
Wolverhampton922£250k
Stoke-on-Trent835£185k
Cambridge795£425k
Hereford345£260k
UKbenchmark366,672£350k

Key facts about Leicester

  • Rising over the long run, flat over the last year: the median sold price in Leicester is up 79% over the last 10 years and broadly flat over the last 12 months.
  • Homes for sale skew cheaper than in the UK: 68% of current listings in Leicester ask under £300k, against 41% across the UK.
  • Sales are running above Leicester's five-year norm: 2,808 homes sold in the 12 months to January 2026, against a norm of 2,596 a year; 357 homes came onto the market in the last 30 days and 287 left it.

Leicester property market: common questions

Where is Leicester?

Leicester is in Leicestershire, covering about 30 square miles.

What is the average house price in Leicester?

The median asking price across the 1,447 homes for sale in Leicester is £250,000 (as of 4 October 2026). We quote the median (the middle listing) rather than a mean, because a handful of very expensive homes would pull a mean upwards. Half of listings ask between £175,000 and £335,000. That is 29% below the UK. Homes that actually sold in Leicester went for a median £250,000 (Land Registry, 12 months to January 2026).

Are house prices in Leicester rising or falling?

Rising over the long run, flat over the last year. Based on HM Land Registry completed sales, the median sold price in Leicester is up 79% over the last 10 years and broadly flat over the last 12 months (12 months to January 2026). These medians compare the homes that happened to sell in each window, so they mix price movement with changes in what sold.

Is Leicester cheaper than the UK?

Yes: asking prices in Leicester are typically lower than across the UK. The median asking price in Leicester is £250,000 against £350k across the UK: 29% below the UK. Some of that gap reflects what is for sale in each place rather than like-for-like value. The saving holds from the lower end to the top of the market.

How many homes are for sale in Leicester?

1,447 homes are on the market in Leicester right now, broadly unchanged since 31 Aug, 357 of them listed in the last 30 days. Perch counts every listing it tracks across estate agents and portals, refreshed daily.

Are house prices being cut in Leicester?

198 listings in Leicester had their asking price reduced in the last 30 days, about 14% of the homes currently for sale.

How long are homes on the market in Leicester?

Of the Leicester listings that came off the market in the last 30 days and that we first saw after we began tracking the area, the typical one had been advertised for 63 days. Coming off the market usually means sold subject to contract, but it can also mean withdrawn, so treat this as time advertised rather than time to sell.

How much do flats and houses cost in Leicester?

The median asking price for a flat in Leicester is £125,000. Houses are quoted by type rather than as one figure, because the mix moves the number more than the market does: the largest group on the market is terraced houses, at a median £230,000 across 423 listings. The Prices by property type chart on this page covers every type we track.

How much is a two-bedroom flat in Leicester?

The median asking price for a two-bedroom flat in Leicester is £140,000, across 211 current listings.

How much is a three-bedroom house in Leicester?

There is no single three-bedroom house price: the largest group of three-bedroom houses for sale in Leicester is semi-detached houses, at a median asking price of £275,000 across 222 listings. The Size × type view on this page covers every combination we track.

What is the price per square foot in Leicester?

In Leicester, homes that sold went for a median £277 per sq ft (HM Land Registry and EPC data), and current listings with a known floor area ask a median £262 per sq ft.

How these numbers are made

  • Asking figures: Current listings we track across estate agents and portals (1,447 in Leicester), refreshed daily, as of 4 October 2026. We quote medians, never means, and suppress anything based on fewer than 5 listings.
  • Off market and time listed: Off-market counts include only listings confirmed off the market after a short grace period; "typical time listed" is time advertised, not time to sell. We have tracked Leicester since March 2026.
  • UK comparisons: The same daily snapshot taken across the whole of UK, so both sides of every comparison share one basis. Where a comparison spans all property types, some of the gap reflects what is for sale here.
  • Sold figures: HM Land Registry price paid data. Sold prices and sales counts cover the 12 months to January 2026; sold price per square foot covers the 12 months to July 2026, with floor areas from EPC certificates (the two run on different pipelines, and the latest months are left out while sales are still being registered). England and Wales; new-builds and non-standard transactions excluded.

Contains HM Land Registry data © Crown copyright and database right 2026, licensed under the Open Government Licence v3.0, and Energy Performance of Buildings Data: England and Wales © Crown copyright.

All area market pagesUK comparisons as of 4 October 2026