House prices in Leicester
The average house price in Leicester is £230,107, based on the latest May 2026 HM Land Registry House Price Index. Over the past year, prices in Leicester have risen (+2.0%), and over the last five years they have risen strongly (+16.1%). Five years ago the average was around £198,209. That puts Leicester 21% below the England average of £292,095. That makes Leicester the 223rd most expensive of 317 local authorities in England & Wales, and the 169th fastest-rising over the past year.
House prices in Leicester peaked at around £235,252 (September 2025). Since 1995 the average has changed by +530.2%. Adjusted for inflation, prices are -8.8% in real terms over the last five years — so in today’s money they have lagged behind the wider cost of living. Remember this is an area average — your own home’s value depends on its exact street, size and condition.
How Leicester compares
| Area | Average price | 1 year | 5 years |
|---|---|---|---|
| Leicester | £230,107 | +2.0% | +16.1% |
| England | £292,095 | +2.3% | +16.3% |
| Dudley | £229,616 | +4.5% | +22.5% |
| West Lancashire | £229,547 | +2.1% | +22.8% |
| Salford | £231,153 | -6.1% | +25.7% |
Areas with similar house prices
- Dudley — £229,616
- West Lancashire — £229,547
- Salford — £231,153
- South Holland — £231,156
- Fylde — £228,737
- Tamworth — £231,488
Compare with the England average, or browse all areas and the latest movers.
Frequently asked questions
What is the average house price in Leicester?
The average house price in Leicester is £230,107 as of May 2026, according to the HM Land Registry House Price Index. This is an average across all property types.
Are house prices in Leicester rising or falling?
Over the last 12 months, average prices in Leicester have risen (+2.0%). Over five years they have risen strongly (+16.1%). Month-to-month figures can be volatile, so the yearly trend is more reliable.
How much deposit do you need to buy in Leicester?
On the average Leicester home, a 10% deposit is about £23,011, and a 5% deposit around £11,505. Your mortgage is then based on the rest — see how that looks with our mortgage calculator.
Where do house prices in Leicester rank in the UK?
Of 317 local authorities in England & Wales, Leicester is the 223rd most expensive and the 169th fastest-rising this year. See the full rankings and movers.
How can I find out what my Leicester home is worth?
Use our free house value calculator — enter your postcode and what you paid, and it estimates today's value from Land Registry data. For a precise figure, ask a local estate agent or RICS surveyor.
Contains HM Land Registry data © Crown copyright and database right. Open Government Licence v3.0.