At a Glance
Average Property Price - LE
£304,767
12 month avg at 31 Jul 2026
Average Monthly Rent - LE
£959
Estimate at 31 Jul 2026
Average Net Household Income - LE
£39,115
2023 census data
Flat / Maisonette Yield - LE
6.6%
Estimate at 31 Jul 2026
10-Year Annualised Price Growth - LE
3.5%
Estimate at 31 Jul 2026
10-Year Annualised Rent Growth - LE
4.7%
Estimate at 31 Jul 2026
District Rankings — LE
Top 10 districts in LE ranked by average sale price.
Street Rankings — Leicester (LE)
Top 10 streets in Leicester (LE) ranked by 3-year average sale price.
| # | Street | 3Y Avg |
|---|---|---|
| 1 | Warren Hill | £3,716,667 |
| 2 | Clipston Road | £3,600,000 |
| 3 | Holmewood Drive | £3,000,000 |
| 4 | Bradley Lane | £2,600,000 |
| 5 | Old Green | £2,500,000 |
| 6 | Arnesby Road | £2,400,000 |
| 7 | Clatterpot Lane | £2,250,000 |
| 8 | Holywell Road | £2,000,001 |
| 9 | The Ridgeway | £2,000,000 |
| 10 | Ashby Parva Road | £2,000,000 |
Property Price & Volume Trends
The average property price in LE stands at £305,000, placing it below the national average. Over the past decade, prices have grown at 3.5% annually—a pace notably faster than most UK regions, demonstrating stronger-than-average appreciation despite the overall price level remaining modest.
Rent & Yield Trends
Average monthly rent of £959 is slightly below the national median. Rental growth over ten years has been brisk at 4.7% per year, among the fastest nationally, reflecting steady demand for rental stock. The current gross yield stands at 6.6%, which is attractive and has remained stable in recent years.
Income & Affordability Trends
Household income in LE averages £39,115, roughly in line with the national average. The price-to-income ratio of 8.0x has risen from 7.2x in 2016, indicating that purchasing power has weakened slightly over the past eight years. Rental affordability has improved modestly: the rent-to-income ratio has fallen from 24.4% to 24.0%, suggesting rents have grown only slightly faster than earnings.
Resident Demographic Profile
LE has a notably younger profile than the national average, with 16.8% of residents aged 16–24 compared to 11.0% nationally, reflecting the presence of university communities. The private rental sector is more prominent here at 24.8% against the national 21.7%, typical of areas with younger populations. Employment is weighted towards elementary roles (12.6% vs 10.2% nationally) and slightly away from professional occupations, though the professional and managerial share remains solid.