local authority Land Registry UK HPI

Leicester house prices, July 2026

Average sold prices for Leicester, broken down by property type, buyer status, funding status and property status, from HM Land Registry's UK House Price Index.

Average price
£227,322
Annual change
-0.9%
Homes sold, May 2026
134
England average
£293,479

The average property in Leicester sold for £227,322 in July 2026, down 0.9% on the year. That is about 23% below the England average of £293,479. 134 homes sold in Leicester in May 2026, the most recent month HM Land Registry have published transaction counts for.

Price trend

Over the 12 months to July 2026, the average price in Leicester fell 1%, peaking at £234,914 in February 2026.

£234,914 £226,701
August 2025July 2026

Peak £234,914 in February 2026.

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By property type

Detached homes are the most expensive in Leicester at £382,848, 172% above flat or maisonette at £140,724. Detached, Terraced and Flat or maisonette fell over the year while the rest held or rose.

Average sold price by property type, July 2026.
Property typeAverage priceAnnual change
Detached£382,848-1.1%
Semi-detached£261,341Broadly flat
Terraced£205,625-0.6%
Flat or maisonette£140,724-4.4%

By buyer status

First-time buyers in Leicester paid £55,030 less than people who already owned, a gap of 26%.

Average sold price by buyer status, July 2026.
BuyerAverage priceAnnual change
First-time buyer£211,120-0.7%
Former owner-occupier£266,150-1.1%

By funding status

Cash buyers in Leicester paid 6% less than those with a mortgage. Cash accounted for 12% of the sales counted in May 2026.

Average sold price by funding status, July 2026. Sales volumes are for May 2026, the most recent month published. Cash and mortgage sales are counted separately and do not necessarily add up to the total above.
Paid withAverage priceAnnual changeSales
Cash£216,560-1.4%8
Mortgage£230,035-0.7%60

By property status

New builds in Leicester sold for 49% more than existing homes.

Average sold price by property status, May 2026. Sales volumes are not shown for new builds: they are registered months after completion, so recent counts are incomplete rather than low.
Property statusAverage priceAnnual change
New build£335,812+2.4%
Existing property£225,949+0.8%

Month by month

Average sold price and annual change over the last 12 published months. Sales volumes stop two months short because HM Land Registry withhold the most recent counts until more transactions are registered.
MonthAverage priceAnnual changeSales
July 2026£227,322-0.9%n/a
June 2026£226,701+0.9%n/a
May 2026£227,543+0.9%134
April 2026£231,111+1.4%146
March 2026£232,962+1.9%189
February 2026£234,914+3%150
January 2026£232,178+2.1%155
December 2025£228,872Broadly flat189
November 2025£231,496+0.7%189
October 2025£230,896Broadly flat235
September 2025£234,142+2.5%222
August 2025£230,297+2.4%192
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Areas within and around Leicester

Local authorities with similar prices

Figures for a local authority are a three-month average rather than a single month's transactions. HM Land Registry revise the most recent twelve months as more sales are registered, so recent figures are provisional.