Area type
Unitary Authority
Population
366,018
Average detached price
£374,404
Average semi-detached price
£244,336
Average terraced price
£209,796
Average flat price
£135,792
View trend
View trend
View trend
The average property price paid in Leicester is £232,183 according to property sale data for the year ending June 2022 published by HM Land Registry. Between the years ending June 2021 and June 2022, property prices in Leicester fell by £1,214. Compare house prices by area
Average property prices in Leicester fell by 0.5% between the years ending June 2021 and June 2022. Between the years ending June 2012 and June 2022, property prices on average grew by 5.3% per year.
If prices in Leicester continue to rise by 5.3% a year, the average property price will be £285,521 in 2025.
There were 2,774 property sales in Leicester in the year ending June 2022, an increase of 561 when compared to the previous year.
The average price for a house in Leicester ranges from £209,796 for a terraced house to £374,404 for a detached house, with semi-detached in between costing on average £244,336.
The average price for a flat or maisonette in Leicester is £135,792.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Leicester, terraced house prices have risen the most between the years ending 2012 and 2022, and flat prices have grown the least.
Detached house prices have risen 68.5% from £222,135 to £374,404, semi-detached house prices have risen 74.3% from £140,210 to £244,336, terraced house prices have risen 78.4% from £117,595 to £209,796, and flat prices have risen 32.1% from £102,797 to £135,792.
The most common type of property sold in Leicester during the year ending June 2022 was terraced houses, which accounted for 35.4% of properties.
The least commonly available type of property sold in Leicester were detached houses, which account for 9.7% of properties sold.
Of the properties sold in Leicester during 2022, 0.4% were new build properties.
The average premium for a new build property in Leicester was £37,575 lower than the average price paid for an existing property.
Of the new build properties sold, the most common type was flats (86% of new build properties sold). For existing properties, the most common type is terraced houses (42% of existing properties sold).
Rental Market of Leicester
Leicester Crime
Leicester population
The most common price band for property sales in Leicester is £200k - £300k, which accounted for 30.4% of properties sold in 2022.
The cheapest properties in Leicester were in the under £50k price bracket, accounting for 0.2% of sales.
Rank | Area | Average property price | YoY change in price |
|---|
Rank | Area | Average Property Price | YoY CHANGE in PRICE |
|---|
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2022. Data sources: ONS Local statistics