LE1 house prices are built from 3,664 sales lodged with HM Land Registry, the oldest in 1995 and the most recent on 5 Jun 2026. The median price paid across the whole record is £119,000. Across the 10 years from 2016 to 2026 the median moved -2.5% in cash — but once inflation is taken out, the change in 2026 money is -30.2%.
Median price paid
£119,000
Change in cash, 2016–2026
-2.5%
Change in real terms
-30.2%
Median per m²
£1,880
HM Land Registry3,664 sales816 with floor areaLatest sale 5 Jun 2026
Section 01
How LE1 prices moved
The chart tracks the median LE1 house price for every year with a recorded sale, from 1995 to 2026. The dashed line restates each year in 2026 money, so the two lines separate exactly as much as inflation has eroded the cash figure.
| Decade | Years with sales | Median paid | In today's money |
|---|---|---|---|
| 1990s | 5 | £53,000 | £117,685 |
| 2000s | 10 | £124,000 | £225,891 |
| 2010s | 10 | £105,000 | £148,050 |
| 2020s | 7 | £126,745 | £129,500 |
The highest yearly median on record for LE1 is £145,000 in 2018; the lowest is £44,950 in 1998. Across the full 32-year record the cash median has moved from £54,000 to £117,000.
In 2026 money that first median is worth £119,906, so the real change over the whole record is -2.4% — about -0.08% a year after inflation. Cash growth and real growth are not the same story, and the gap is the part most price reports leave out.
Over the last decade alone the difference is stark: -2.5% in cash against -30.2% once inflation is removed. A buyer who sold at the end of that decade would have needed the real figure, not the headline one, to know whether they had actually gained.
Section 02
The most recent sales
Every row is a completed sale as lodged with HM Land Registry. The right-hand column restates the price in 2026 money, which is the only fair way to compare a sale from the 1990s with one from last year.
| Address | Sold | Type | Price paid | In today's money |
|---|---|---|---|---|
| FLAT 3 PRINCESS HOUSE, 26 de Montfort Street | 5 Jun 2026 | Flat or maisonette | £155,000 | £155,000 |
| FLAT 407 the EXCHANGE, 5 Lee Street | 22 May 2026 | Flat or maisonette | £90,000 | £90,000 |
| FLAT 302 the EXCHANGE, 5 Lee Street | 20 May 2026 | Flat or maisonette | £82,000 | £82,000 |
| FLAT 20 DEUCE HOUSE, 20 Wimbledon Street | 12 May 2026 | Flat or maisonette | £86,250 | £86,250 |
| 3 Orchard Street | 27 Apr 2026 | Flat or maisonette | £140,000 | £140,000 |
| FLAT 10 the COTTON MILL, 35 King Street | 24 Apr 2026 | Flat or maisonette | £205,000 | £205,000 |
| FLAT 308 the EXCHANGE, 5 Lee Street | 23 Apr 2026 | Flat or maisonette | £79,500 | £79,500 |
| FLAT 13 SANVEY MILL, 1 Junior Street | 10 Apr 2026 | Flat or maisonette | £138,500 | £138,500 |
| APARTMENT 219 ST. GEORGES MILL, 9 Wimbledon Street | 27 Mar 2026 | Flat or maisonette | £127,000 | £127,000 |
| FLAT 4 5 Turner Street | 27 Mar 2026 | Flat or maisonette | £100,000 | £100,000 |
| FLAT 14 DEUCE HOUSE, 20 Wimbledon Street | 23 Mar 2026 | Flat or maisonette | £75,000 | £75,000 |
| FLAT 8 SANVEY MILL, 1 Junior Street | 20 Mar 2026 | Flat or maisonette | £150,000 | £150,000 |
| FLAT 24 WEST COURT West Walk | 13 Mar 2026 | Flat or maisonette | £117,000 | £117,000 |
| APARTMENT 401 ST GEORGES MILL, 7 Wimbledon Street | 3 Mar 2026 | Flat or maisonette | £120,000 | £120,000 |
| FLAT 118 the EXCHANGE, 5 Lee Street | 3 Mar 2026 | Flat or maisonette | £82,500 | £82,500 |
| FLAT 12A WELLINGTON COURT, 4 Rutland Street | 17 Feb 2026 | Flat or maisonette | £39,425 | £39,425 |
| APARTMENT 10 the HORIZON, 2 Navigation Street | 29 Jan 2026 | Flat or maisonette | £88,000 | £88,000 |
| APARTMENT 35 3 Colton Square | 15 Jan 2026 | Flat or maisonette | £117,000 | £117,000 |
| 8 Guildhall Lane | 7 Jan 2026 | Semi-detached | £268,000 | £268,000 |
| APARTMENT 170 ALEXANDRA HOUSE, 47 Rutland Street | 23 Dec 2025 | Flat or maisonette | £74,500 | £76,120 |
| 47 Calgary Road | 10 Dec 2025 | Flat or maisonette | £152,000 | £155,304 |
| 75 Taylor Road | 10 Dec 2025 | Flat or maisonette | £120,000 | £122,609 |
| APARTMENT 421 ST. GEORGES MILL, 7 Wimbledon Street | 5 Dec 2025 | Flat or maisonette | £280,000 | £286,087 |
| FLAT 202 the EXCHANGE, 5 Lee Street | 3 Dec 2025 | Flat or maisonette | £70,000 | £71,522 |
| APARTMENT 34 ALEXANDRA HOUSE, 47 Rutland Street | 27 Nov 2025 | Flat or maisonette | £85,000 | £86,848 |
Section 03
Homes that sold twice
These addresses appear in the register more than once, so the same bricks are being priced twice. That makes them the strongest evidence of what actually happened to LE1 values — no mix of property types can flatter the number.
| Address | First recorded sale | Most recent sale | Cash a year | Real a year |
|---|---|---|---|---|
| FLAT 3 PRINCESS HOUSE, 26 de Montfort Street | £165,000 (2003) | £155,000 (2026) | -0.3% | -3.0% |
| FLAT 407 the EXCHANGE, 5 Lee Street | £93,000 (2014) | £90,000 (2026) | -0.3% | -3.2% |
| FLAT 302 the EXCHANGE, 5 Lee Street | £90,000 (2014) | £82,000 (2026) | -0.8% | -3.7% |
| FLAT 20 DEUCE HOUSE, 20 Wimbledon Street | £85,000 (2015) | £86,250 (2026) | +0.1% | -2.9% |
| 3 Orchard Street | £111,000 (2020) | £140,000 (2026) | +3.9% | -0.4% |
| FLAT 10 the COTTON MILL, 35 King Street | £192,500 (2002) | £205,000 (2026) | +0.3% | -2.4% |
| FLAT 308 the EXCHANGE, 5 Lee Street | £88,000 (2012) | £79,500 (2026) | -0.7% | -3.5% |
| FLAT 13 SANVEY MILL, 1 Junior Street | £127,000 (2018) | £138,500 (2026) | +1.1% | -2.5% |
| APARTMENT 219 ST. GEORGES MILL, 9 Wimbledon Street | £90,000 (2011) | £127,000 (2026) | +2.3% | -0.5% |
| FLAT 4 5 Turner Street | £84,000 (2006) | £100,000 (2026) | +0.9% | -2.0% |
| FLAT 14 DEUCE HOUSE, 20 Wimbledon Street | £77,000 (2015) | £75,000 (2026) | -0.2% | -3.3% |
| FLAT 8 SANVEY MILL, 1 Junior Street | £85,000 (2014) | £150,000 (2026) | +4.8% | +1.7% |
Section 04
What sells here
The mix of property types explains a large part of any area's median. LE1 is dominated by the type at the top of this table, so its overall median leans that way.
| Property type | Sales | Share | Median paid | Range |
|---|---|---|---|---|
| Flat or maisonette | 3,181 | 86.8% | £118,000 | £5,500 – £449,950 |
| Terraced | 331 | 9.0% | £129,950 | £3,250 – £700,000 |
| Semi-detached | 92 | 2.5% | £165,000 | £18,000 – £645,000 |
| Detached | 60 | 1.6% | £179,828 | £30,000 – £725,000 |
Section 05
How big homes are in LE1
Energy Performance Certificates record a floor area for every home that has been surveyed, sold or let — far more homes than have changed hands. 4,005 certificates cover LE1, and their median floor area is 46 m².
The median across the whole register is 76 m², so homes here are smaller than average — -39.5%. Size explains a large part of why one area's median price sits above another's, which is why the price per square metre further up this page is the fairer comparison.
| Measure | Floor area | Sample |
|---|---|---|
| Median floor area | 46 m² | about 495 sq ft |
| Smaller quarter, up to | 35 m² | about 377 sq ft |
| Larger quarter, from | 64 m² | about 689 sq ft |
| Under 60 m² | 69.4% | 2,779 homes |
| 150 m² and over | 1.4% | 56 homes |
Section 06
Ownership and new build in LE1
3,181 of the sales on record are leasehold and 483 freehold — 86.8% of the market. Tenure is not a detail: a leasehold flat and a freehold house are different assets, and mixing them into one median hides the difference.
The median leasehold sale is £118,000 and the median freehold sale £139,000 — a gap of +17.8%. Most of that gap is property type rather than tenure itself: leasehold here is largely flats, freehold largely houses.
| Category | Sales | Share | Median paid |
|---|---|---|---|
| Leasehold | 3,181 | 86.8% | £118,000 |
| Freehold | 483 | 13.2% | £139,000 |
| New build | 1,215 | 33.2% | £118,000 |
| Existing home | 2,449 | 66.8% | £119,950 |
New builds sold for less than the median existing home — -1.6%. A new-build premium is normal: the buyer gets a warranty and nothing to fix, and the price is set by a developer rather than negotiated between two households.
A further 1,393 transfers for this area are on the register but are left out of every figure above. HM Land Registry marks them as additional price paid entries: repossessions, buy-to-let portfolio moves, transfers between companies or family, and sales at a discount such as right to buy. They are real records but they are not open-market prices, and including them would drag the median somewhere no buyer ever paid.
Section 09
How LE1 compares
The median across the whole archive is £157,500. LE1 sits below that national figure — -24.4%.
Where an EPC floor area could be matched to the sale, the median works out at £1,880 per square metre, across 816 of the 3,664 sales on record. Price per square metre is the only figure that compares a two-bed flat with a four-bed house honestly.
The full range on record runs from £3,250 to £725,000. Extremes usually mean something unusual — a plot sold without a house on it, a transfer between family members, or a very large property — so the median is the number to trust.
Section 10
Nearby on the record
Sectors inside LE1
- LE1 1£119,610 median
- LE1 2£88,500 median
- LE1 3£93,000 median
- LE1 4£125,000 median
- LE1 5£123,506 median
- LE1 6£125,000 median
- LE1 7£161,500 median
This district mostly covers Leicester.
Quick answers
Common questions about this data
What is the average house price in LE1?
The median price paid in LE1 across every sale on the register is £119,000. The median is used rather than the mean because a handful of very large sales would otherwise drag the average away from what a typical buyer paid.
How many homes have sold in LE1?
3,664 sales are on record for LE1, the most recent completing on 5 Jun 2026. Every one is a completed transfer lodged with HM Land Registry, not an asking price or an estimate.
Have LE1 house prices actually risen?
In cash, the median rose -2.5% between 2016 and 2026. In 2026 money — that is, after inflation — the change is -30.2%. Both numbers are true; only the second one tells you whether buying here preserved value.
When were LE1 house prices at their highest?
The highest yearly median on record is £145,000, set in 2018. That is the cash figure; measured in 2026 money the peak may fall in a different year, because inflation reshapes the series.
What is the price per square metre in LE1?
£1,880 per square metre, from the 816 sales where an EPC floor area could be matched to the address. Price per square metre strips out size, so a flat and a house can be compared on the same basis.
How current is this data?
The latest sale shown here completed on 5 Jun 2026. HM Land Registry publishes Price Paid Data monthly and a sale can take a month or two to appear after completion, so the most recent weeks are always incomplete.
Cite this page: Sold Price History, “LE1 house prices”, 2026. Source: HM Land Registry Price Paid Data © Crown copyright and database right, used under the Open Government Licence v3.0. Inflation adjustment: ONS CPIH.