local authority Land Registry UK HPI

Leicester house prices

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
£230,107
Annual change
+2%
Homes sold, March 2026
153
England average
£292,095

The average property in Leicester sold for £230,107 in May 2026, up 2% on the year. That is about 21% below the England average of £292,095. 153 homes sold in Leicester in March 2026, the most recent month HM Land Registry have published transaction counts for.

Price trend

Over the 12 months to May 2026, the average price in Leicester rose 2%, peaking at £235,252 in September 2025.

£235,252 £224,697
June 2025May 2026

Peak £235,252 in September 2025.

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By property type

Detached homes are the most expensive in Leicester at £387,602, 172% above flat or maisonette at £142,733. Flat or maisonette is the only type where prices fell over the year, down 2.2%.

Average sold price by property type, May 2026.
Property typeAverage priceAnnual change
Detached£387,602+1.9%
Semi-detached£264,953+3.1%
Terraced£207,738+2.2%
Flat or maisonette£142,733-2.2%

By buyer status

First-time buyers in Leicester paid £55,855 less than people who already owned, a gap of 26%.

Average sold price by buyer status, May 2026.
BuyerAverage priceAnnual change
First-time buyer£213,632+2.1%
Former owner-occupier£269,487+1.9%

By funding status

Cash buyers in Leicester paid 6% less than those with a mortgage. Cash accounted for 8% of the sales counted in March 2026.

Average sold price by funding status, May 2026. Sales volumes are for March 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£219,386+1.5%5
Mortgage£232,807+2.1%57

By property status

New builds in Leicester sold for 47% more than existing homes.

Average sold price by property status, March 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£342,570+4.5%
Existing property£232,858+2.5%

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
May 2026£230,107+2%n/a
April 2026£234,566+2.9%n/a
March 2026£234,472+2.5%153
February 2026£235,057+3%128
January 2026£231,673+1.8%141
December 2025£229,573Broadly flat186
November 2025£232,896+1.3%174
October 2025£232,254+0.7%202
September 2025£235,252+3%204
August 2025£230,552+2.5%187
July 2025£229,606+2.3%217
June 2025£224,697Broadly flat182
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Areas within and around Leicester

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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.