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Cheapest and best areas to buy in Leicester. All 10 postcode districts compared.

Typical 3-bed house£274kacross Leicester
Cheapest districtLE13-bed house £250k
Sold last year3,655homes in Leicester
Prices in Leicester-0.9%on a year ago

A typical 3-bedroom house in Leicester sold for £274,000 over the last five years, in today's money. The same home costs £250k in LE1 and £311k in LE7, so where you look matters more than almost anything else.

For the most space for your money, look at LE1: about 103 m² for a typical £250k. LE3 is the busiest market, with 637 sales last year.

Prices in Leicester are down 0.9% on a year ago. Renting a 3-bedroom home costs about £1,045 a month; a 90% mortgage on the typical 3-bed house would be around £1,249 a month at 4.5% over 30 years.

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Cheapest areas to buy in Leicester

1LE13-bed house £250kabout 103 m² · 28 sold last year2LE33-bed house £253kabout 85 m² · 637 sold last year3LE23-bed house £267kabout 87 m² · 611 sold last year4LE93-bed house £268kabout 87 m² · 528 sold last year5LE193-bed house £274kabout 87 m² · 135 sold last year

For a flat, the cheapest is LE9: a typical 2-bedroom flat sells for £124k.

Best areas in Leicester for families

Districts where the best state schools nearby beat the England average, cheapest first.

LE13-bed house £250k
Primary Uplands Junior L.E.A.D. Academy · 72% England 64%Secondary Madani Girls' School · 65.6% England 43.8%
LE33-bed house £253k
Primary Queensmead Primary Academy · 87% England 64%Secondary English Martyrs' Catholic School, A Voluntary Academy · 65.1% England 43.8%
LE23-bed house £267k
Primary St Thomas More Catholic Voluntary Academy · 88% England 64%Secondary Manor High School · 78.7% England 43.8%
LE193-bed house £274k
Primary The Pastures Primary School · 93% England 64%Secondary Brockington College · 45.3% England 43.8%

Best state primary within 2 km (pupils meeting the expected standard at 11) and secondary within 5 km (grade 5+ in English and maths). DfE performance tables.

Leicester postcode districts

District3-bed houseSize2-bed flatHouses per m²Best primarySold last year
LE1£250k103 m²£125k£2,55472%28
LE2£267k87 m²£145k£3,18288%611
LE3£253k85 m²£125k£2,93087%637
LE4£278k86 m²£135k£3,28870%530
LE5£275k86 m²£126k£3,20181%316
LE6£296k87 m²£139k£3,53187%116
LE7£311k91 m²£144k£3,55270%447
LE8£292k87 m²£136k£3,52350%307
LE9£268k87 m²£124k£3,23565%528
LE19£274k87 m²£148k£3,45093%135

Typical prices from sales in the last five years, in today's money. A dash means too few sales to say.

Questions about buying in Leicester

How much is a 3-bedroom house in Leicester?

About £274,000 across Leicester, from sales in the last five years in today's money. It ranges from £250k in LE1 to £311k in LE7.

What is the cheapest area of Leicester to buy a house?

For a 3-bedroom house: LE1 (£250k), LE3 (£253k), LE2 (£267k).

Are house prices going up in Leicester?

In Leicester, prices are down 0.9% on a year ago and up 14.2% over five years, according to the UK House Price Index (July 2026).

Which postcode in Leicester is best for families?

On school results and price together: LE1 (3-bed house £250k, best primary nearby 72% at the expected standard against 64% across England); LE3 (3-bed house £253k, best primary nearby 87% at the expected standard against 64% across England); LE2 (3-bed house £267k, best primary nearby 88% at the expected standard against 64% across England); LE19 (3-bed house £274k, best primary nearby 93% at the expected standard against 64% across England).

Is Leicester a good place to buy a house?

What the numbers say: a typical 3-bedroom house costs £274,000, prices are down 0.9% on a year ago, renting a 3-bedroom home costs about £1,045 a month against roughly £1,249 for a 90% mortgage, and 3,655 homes sold last year, so there is a real choice. Prices vary from £250k to £311k between districts, so the area you pick matters most.

How many homes sell in Leicester each year?

3,655 homes sold across its 10 postcode districts in the last year, the most in LE3.

Sources: HM Land Registry price paid data matched to the EPC register, UK House Price Index (July 2026), ONS private rents (August 2026). The mortgage figure is an illustration, not advice.