What is the median house price in LE3?

Homes in LE3 sold for a median £244,907 over the 12 months to Apr 2026, 756 sales. Per square metre that is £2,706/m². Registered completions, not asking prices.

What is the average rent in LE3?

Homes to let in LE3 asked a median £1,047 a month over the 12 months to Jul 2026, 1,882 lets. Asking rent, not the rent agreed.

What is the gross rental yield in LE3?

4.6% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Aug 2026, 3,033 lets. -2.5% on the previous 12 months.

How quickly do homes sell in LE3?

1.8% of the homes in LE3 changed hands over the 12 months to Jan 2026, 832 sales.

Postcode district

LE3 property market

Sold £2,706/m² · Median sold £244,907 (756 sales) · Index -0.7% y/y · Turnover 1.8% · 12 months, sales to Apr 2026, listings to Aug 2026

What is LE3?

Buildings: 12,554
Mixed-use buildings: 1.1%
HMO-shaped units: 6.0%

What does LE3 cost?

LE3: sold price per m² £2,706/m² (12 months to Apr 2026, 756 sales). -0.7% over the year to Dec 2025 by the house price index, which follows the same homes over time.

Sold price per m²

£2,706/m² 12 months to Apr 2026

756 sales

-0.7% over the year to Dec 2025 by the house price index, which follows the same homes over time.

Sold price

£244,907 12 months to Apr 2026

756 sales

-0.7% over the year to Dec 2025 by the house price index, which follows the same homes over time.

Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own carries the parent area's price rather than a measurement, and is not published with no sample.

Asking price

£254,522 12 months to Aug 2026

2,426 listings

+0.9% on the previous 12 months.

Sample is the dated listings that came to market in the latest month (added and reduced cohorts).

Sold price per m²: £1,934/m² in Jul 2016 to £2,685/m² in Jul 2026.

Sold price: £163,393 in Jul 2016 to £208,505 in Jul 2026.

Asking price: £230,000 in Jan 2022 to £260,000 in Aug 2026.

Asking price per m²: £2,891/m² in Aug 2025 to £3,034/m² in Jul 2026.

Asking to sold: 109% in Jan 2022 to 113% in Nov 2024.

Settled months to Dec 2025; the dashed tail is the pipeline's projection of the index 12 months ahead, inside its 80% band. A projection of the index, not a forecast of any home's price.

ObservedForecast with intervalIndex points, not property prices

Asking price index: 96 in Jan 2022 to 98.6 in Aug 2026.

What does LE3 earn?

LE3: asking rent £1,047 a month (12 months to Jul 2026, 1,882 lets).

Asking rent

£1,047 a month 12 months to Jul 2026

1,882 lets

Gross yield, asking basis

4.6% 12 months to Aug 2026

3,033 lets

-2.5% on the previous 12 months.

Sample is the dated lettings behind the latest month's rent cell.

Asking rent: £984 pcm in Aug 2025 to £1,081 pcm in Jul 2026.

Gross yield, asking basis: 4.1% in Jan 2022 to 4.6% in Aug 2026.

How does LE3 vary by home size?

Asking price in LE3 runs from £145,234 for 1 bedroom to £460,435 for 5+ bedrooms.

Asking price by bedroom band in LE3, 12 months to Aug 2026. A band with fewer than 30 dated listings in the year is not published.
Homes	Asking price	Window	Change	Listings
1 bedroom	£145,234	12 months to Aug 2026	—	64
2 bedrooms	£180,870	12 months to Aug 2026	-2.2% on the previous 12 months	610
3 bedrooms	£259,166	12 months to Aug 2026	+0.2% on the previous 12 months	1183
4 bedrooms	£374,740	12 months to Aug 2026	+3.5% on the previous 12 months	450
5+ bedrooms	£460,435	12 months to Aug 2026	+4.2% on the previous 12 months	137

Asking price by bedroom band: the monthly medians of sale listings that came to market, weighted by their dated listings, over the last 12 observed months, from portal listings. A band with fewer than 30 dated listings in the year is not published.

How liquid is LE3?

LE3: turnover 1.8% (12 months to Jan 2026, 832 sales). -3.1% on the previous 12 months.

Turnover

1.8% 12 months to Jan 2026

832 sales

-3.1% on the previous 12 months.

Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own has a rate of zero by arithmetic rather than a measured rate, and is not published with no sample.

Completed sales

1,173 12 months to Jan 2026

1,173 sales

+5.5% on the previous 12 months.

Sample is the registry count itself; months within six months of the last ingest are still filling.

Listings for sale

1,340 12 months to Jul 2026

1,340 listings

Who is active in LE3?

67 agents listed homes for sale in LE3; the three largest took 37% of the listings.

Agents active: 67
Top three agents’ share: 37%
New homes among listings: 1.4%

days_to_completion is on the registry-matched subset (sold_matched_n), not a sell-through rate.

Who owns LE3?

Corporate landlords hold 75% of the 2,715 units in LE3 whose freeholder is classified; 95% of all units are not yet classified.

Corporate landlords75% of classified · 2,048 units
Individuals (not traceable in bulk)14% of classified · 375 units
Housing associations10% of classified · 277 units
RMC0.6% of classified · 15 units

Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.

Where does LE3 rank?

LE3 ranks 1st of 2 postcode districts in City of Leicester for sold price per m², at £2,706/m².

Sold price per m² · postcode districts in City of Leicester

LE3 ranks 1st of 2 postcode districts in City of Leicester for sold price per m², at £2,706/m².

Sold price per m² across postcode districts in City of Leicester, 12 months to Apr 2026. Sample and confidence tier beside every value.
#	Area	Sold price per m²	Sample	Tier
1	LE3	£2,706/m²	756	measured
2	LE5	£2,420/m²	439	measured

Gross yield, asking basis · postcode districts in City of Leicester

LE3 ranks 2nd of 3 postcode districts in City of Leicester for gross yield, asking basis, at 4.6%.

Gross yield, asking basis across postcode districts in City of Leicester, 12 months to Aug 2026. Sample and confidence tier beside every value.
#	Area	Gross yield, asking basis	Sample	Tier
1	LE1	8.5%	4,823	measured
2	LE3	4.6%	3,033	measured
3	LE5	4.3%	673	measured

Turnover · postcode districts in City of Leicester

Where next from LE3?

City of LeicesterThe wider market this area sits in.
LE1Neighbouring postcode district · £1,730/m²
LE5Neighbouring postcode district · £3,322/m²
LE19Next door, in another authority · £3,541/m²
LE2Next door, in another authority · £3,098/m²
LE4Next door, in another authority · £3,422/m²
LE6Next door, in another authority · £3,688/m²
LE7Next door, in another authority · £3,771/m²
LE9Next door, in another authority · £3,168/m²
Homes for sale in LE3Live sale listings, the same place and cohort.
Homes to rent in LE3Live lettings, the same place.
Completed sales in LE3Registered completions, newest first.
Planning applications in LE3Applications and decisions on record.
Buildings in LE3Every building with its units, parcel and freeholder.
Land in LE3Parcels, titles and adjacent ownership.
Properties in LE3Every addressable home with its floor area, tenure and last sale.
Estate agents in LE3Who actually lists here, ranked by volume over 12 months.

Questions about LE3

What is the median house price in LE3?: Homes in LE3 sold for a median £244,907 over the 12 months to Apr 2026, 756 sales. Per square metre that is £2,706/m². Registered completions, not asking prices.
How have house prices in LE3 changed?: -0.7% over the year to Dec 2025 by the house price index, which follows the same homes over time.
What is the average rent in LE3?: Homes to let in LE3 asked a median £1,047 a month over the 12 months to Jul 2026, 1,882 lets. Asking rent, not the rent agreed.
What is the gross rental yield in LE3?: 4.6% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Aug 2026, 3,033 lets. -2.5% on the previous 12 months.
How quickly do homes sell in LE3?: 1.8% of the homes in LE3 changed hands over the 12 months to Jan 2026, 832 sales.

Where these figures come from

Every figure on this page: the dataset behind it, the window it covers, the last month in it and its sample. A monthly point is never a figure here.
Figure	Dataset	Window	Last month	Sample
Sold price per m²	HM Land Registry Price Paid and portal listings, monthly rollup	12 months to Apr 2026	Apr 2026	756 sales
Sold price	HM Land Registry Price Paid and portal listings, monthly rollup	12 months to Apr 2026	Apr 2026	756 sales
Asking price	MarketCode market evidence	12 months to Aug 2026	Aug 2026	2,426 listings
Asking price per m²	the area_facts listing rollup	12 months to Jul 2026	Jul 2026	1,340 listings
Asking to sold	Portal listings, monthly rollup	12 months to Nov 2024	Nov 2024	118 matched sales
Asking rent	MarketCode market evidence	12 months to Jul 2026	Jul 2026	1,882 lets
Gross yield, asking basis	MarketCode market evidence	12 months to Aug 2026	Aug 2026	3,033 lets
Turnover	MarketCode market evidence	12 months to Jan 2026	Jan 2026	832 sales
Completed sales	MarketCode market evidence	12 months to Jan 2026	Jan 2026	1,173 sales
Listings for sale	the area_facts listing rollup	12 months to Jul 2026	Jul 2026	1,340 listings
New listings	MarketCode market evidence	12 months to Aug 2026	Aug 2026	1,537 listings
Price reductions	MarketCode market evidence	12 months to Aug 2026	Aug 2026	889 listings
Live listings	MarketCode market evidence	on 19 Sep 2026	19 Sep 2026	—
Days to completion