Buying a home in LE1, Leicester. What it costs, what you get and where else to look.

Typical 3-bedroom house£250kmost £248k–£265k
Houses per m²£2,460flats £2,356
Sold last year28208 in five years
Prices in Leicester-0.9%on a year ago

A typical 3-bedroom house in LE1 sold for £250,000 over the last five years, in today's money; most went for between £247,500 and £264,871, for about 103 m² of space. That is 9% less than the same home across Leicester (£274,000).

28 homes sold here in the last year: a small market where few homes come up, so it pays to set alerts and be patient. Flats start at around £94k for one bedroom.

Across Leicester, prices are down 0.9% on a year ago and up 14.2% over five years. Renting a similar home there costs about £1,045 a month; a 90% mortgage on the typical price would be around £1,140 a month at 4.5% over 30 years. Lenders would typically want a household income of about £50,000 for that mortgage: what £50,000 buys.

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House prices in LE1 by bedrooms

BedroomsTypical priceMost sell forSizeSold, 5 years
3£250,000£248k–£265k103 m²13

Prices by type of home

1 bed2 bed3 bed4 bed5+ bed
Houses——£250k——
Terraced——£249k——
Flats£94k£125k£182k——

Typical sale price over the last five years, adjusted to today's prices with the UK House Price Index.

Price per m² across LE1

Postcode sectorHousesFlats
LE1 1—£2,130
LE1 2—£1,689
LE1 3—£2,164
LE1 4—£2,550
LE1 5—£2,404
LE1 6£2,375£2,625
LE1 7—£2,672

Schools near LE1

Best state primary within 2 kmUplands Junior L.E.A.D. Academy72% met the expected standard at 11 · England 64%20 state primaries within 2 km
Best state secondary within 5 kmMadani Girls' School65.6% got grade 5+ in English and maths · England 43.8%27 state secondaries within 5 km

Nearby areas

Questions about LE1

Is LE1 a good area to buy a home?

What the numbers say: a 3-bedroom house costs 9% less than across Leicester; prices in Leicester are down 0.9% on a year ago; the best state primary nearby is above the England average (72% against 64%); the best secondary is above it (65.6% against 43.8%); 28 homes sold here last year. Whether it suits you depends on your budget and what you need nearby, so compare it with the districts around it below.

How much is a 3-bedroom house in LE1?

A typical 3-bedroom house in LE1 sold for £250,000 over the last five years, in today's money. Most sold between £247,500 and £264,871.

Is LE1 expensive for Leicester?

A 3-bedroom house in LE1 costs 9% less than the typical 3-bedroom house across Leicester (£274,000).

How many homes sell in LE1 each year?

28 homes sold in the last year and 208 in five years: a small market where few homes come up, so it pays to set alerts and be patient.

What are the schools like near LE1?

The best-performing state primary within 2 km is Uplands Junior L.E.A.D. Academy, where 72% of pupils met the expected standard at age 11 (England: 64%).

Sources: HM Land Registry price paid data matched to the EPC register for size and bedrooms, last five years in today's prices; UK House Price Index (July 2026); ONS private rents (August 2026); DfE school performance tables. Districts with fewer than five sales of a kind are left out. The mortgage figure is an illustration, not advice.