Residential dwellings
31,959
Addressable residential units in the area (OS AddressBase).
LE5 rents and yields
Asking rent £1,098/month · Gross yield 4.3% · 12 months, listings to Sep 2026
What is LE5?
LE5: residential dwellings 31,959.
HMO-shaped dwellings
0.1%
LE5 has the lowest HMO-shaped dwellings of the 3 neighbouring postcode districts compared.
Share of dwellings OS AddressBase classifies RH01/RH02/RH03: laid out as a house in multiple occupation. A statement about built form, not about a licence.
- Buildings
- 29,686
- Mixed-use buildings
- 1.8%
- HMO-shaped units
- 14%
- EPC A or B
- 8.4%
- EPC D or worse
- 58%
What does LE5 earn?
LE5: asking rent £1,098/month (12 months to Sep 2026, 413 lets).
Asking rent
£1,098/month 12 months to Sep 2026
413 lets
Median asking rent per calendar month of residential lettings in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 413 lets.
Gross yield, asking basis
4.3% 12 months to Sep 2026
668 lets
-1.6% on the previous 12 months.
Cell asking rent × 12 over the same cell's asking sale price, before costs, voids and finance (cells with fewer than 5 dated listings are not built). 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 668 lets.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
213 on 4 Nov 2026
Count of live residential lettings on the day, from portal listings; observed forwards from 5 Sep 2026. The count on 4 Nov 2026; the daily series began on 5 Sep 2026, so no change over a year is stated.
How does LE5 vary by home size?
Asking rent in LE5 runs from £701/month for 1 bedroom to £1,206/month for 3 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £701/month | 12 months to Aug 2026 | — | 155 |
| 2 bedrooms | £952/month | 12 months to Sep 2026 | +0.4% on the previous 12 months | 193 |
| 3 bedrooms | £1,206/month | 12 months to Sep 2026 | -0.4% on the previous 12 months | 226 |
| 4 bedrooms | Not published | — | — | — |
| 5+ bedrooms | Not published | — | — | — |
Asking rent per calendar month by bedroom band: the monthly medians of lettings that came to market, weighted by their dated listings, within the last 12 calendar months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
Who owns LE5?
Corporate landlords hold 81% of the 1,929 units in LE5 whose freeholder is classified; 94% of all units are not yet classified.
- Corporate landlords81% of classified · 1,556 units
- Individuals (not traceable in bulk)11% of classified · 211 units
- Housing associations7.8% of classified · 150 units
- RMC0.6% of classified · 11 units
- Offshore companies0.1% of classified · 1 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 LE5 rank?
LE5 ranks 1st of 3 postcode districts in City of Leicester for asking rent, at £1,098/month.
Asking rent · postcode districts in City of Leicester
LE5 ranks 1st of 3 postcode districts in City of Leicester for asking rent, at £1,098/month.
| # | Area | Asking rent | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | LE5 | £1,098/month | 12 months to Sep 2026 · from monthly figures | 413 | measured |
| 2 | LE3 | £1,044/month | 12 months to Sep 2026 · from monthly figures | 1,893 | measured |
| 3 | LE1 | £965/month | 12 months to Sep 2026 · from monthly figures | 1,268 | measured |
Gross yield, asking basis · postcode districts in City of Leicester
LE5 ranks 3rd of 3 postcode districts in City of Leicester for gross yield, asking basis, at 4.3%.
| # | Area | Gross yield, asking basis | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | LE1 | 8.5% | 12 months to Sep 2026 · from monthly figures | 4,993 | measured |
| 2 | LE3 | 4.7% | 12 months to Sep 2026 · from monthly figures | 3,020 | measured |
| 3 | LE5 | 4.3% | 12 months to Sep 2026 · from monthly figures | 668 | measured |
Where next from LE5?
- City of LeicesterThe wider market this area sits in.
- LE1Neighbouring postcode district · Asking £1,671/m² · Sep 2026
- LE3Neighbouring postcode district · Asking £2,877/m² · Sep 2026
- LE2Next door, in another authority · Asking £3,183/m² · Sep 2026
- LE4Next door, in another authority · Asking £3,206/m² · Sep 2026
- LE7Next door, in another authority · Asking £4,284/m² · Sep 2026
Questions about LE5
- What is the average rent in LE5?
- Homes to let in LE5 asked a median £1,098/month over the 12 months to Sep 2026, 413 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in LE5?
- 4.3% 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 Sep 2026, 668 lets. -1.6% on the previous 12 months.
- What kind of homes are in LE5?
- LE5 has 31,959 homes, 0.1% laid out as houses in multiple occupation.
Construction costs Context for residential research
Sector and regional evidence. These figures are not a quote for an individual property.
Reading the cost index and the regional factors…
Everything else about LE5
- Property values in LE5Every addressable home with its floor area, tenure and last recorded sale.
- Land and development sites in LE5Registered land with its area, tenure and what stands on it.
- Houses and flats for sale in LE5What is on the market right now, with the evidence beside each asking price.
- Flats and houses to rent in LE5What is available to rent, with the recorded rent and yield beside each asking price.
- Sold house prices in LE5Registered completions from Price Paid, newest first.
- Planning applications in LE5What was proposed, who decided it and whether it was approved.
- Estate agents in LE5Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Residential dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| HMO-shaped dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| Asking rent | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 413 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 668 lets |
| Homes to rent | Portal listings; observed forwards from 5 Sep 2026 | on 4 Nov 2026 | 4 Nov 2026 | — |