Buying a home in LE3, Leicester. What it costs, what you get and where else to look.

Typical 3-bedroom house£253kmost £212k–£289k
Houses per m²£2,930flats £2,197
Sold last year6374,199 in five years
Prices in Leicester-0.9%on a year ago

A typical 3-bedroom house in LE3 sold for £252,895 over the last five years, in today's money; most went for between £211,774 and £289,182, for about 85 m² of space. That is 8% less than the same home across Leicester (£274,000).

637 homes sold here in the last year: one of the busier markets in England and Wales, so there is usually plenty to choose from. Flats start at around £93k for one bedroom. Within the district, houses cost the least per m² in LE3 5 (£2,391) and the most in LE3 8 (£3,406).

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 £1,153 a month at 4.5% over 30 years. Lenders would typically want a household income of about £51,000 for that mortgage: what £55,000 buys.

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House prices in LE3 by bedrooms

BedroomsTypical priceMost sell forSizeSold, 5 years
1£156,422£112k–£231k48 m²22
2£202,834£173k–£242k71 m²1,194
3£252,895£212k–£289k85 m²2,122
4£324,839£272k–£383k109 m²390
5+£395,897£328k–£509k141 m²260

Prices by type of home

1 bed2 bed3 bed4 bed5+ bed
Houses£156k£203k£253k£325k£396k
Detached—£279k£316k£381k£465k
Semi-detached£211k£230k£259k£300k£336k
Terraced£138k£178k£202k£250k£308k
Flats£93k£125k£149k——

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

Price per m² across LE3

Postcode sectorHousesFlats
LE3 0£2,579£2,153
LE3 1£2,622—
LE3 2£2,876£2,189
LE3 3£3,340£2,532
LE3 5£2,391£1,964
LE3 6£2,784£1,907
LE3 8£3,406£2,313
LE3 9£2,629£2,295

Schools near LE3

Best state primary within 2 kmQueensmead Primary Academy87% met the expected standard at 11 · England 64%16 state primaries within 2 km
Best state secondary within 5 kmEnglish Martyrs' Catholic School, A Voluntary Academy65.1% got grade 5+ in English and maths · England 43.8%15 state secondaries within 5 km

Nearby areas

More space for the money: a 3-bed house in LE1 is about 103 m² for £250k.

Questions about LE3

Is LE3 a good area to buy a home?

What the numbers say: a 3-bedroom house costs 8% 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 (87% against 64%); the best secondary is above it (65.1% against 43.8%); 637 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 LE3?

A typical 3-bedroom house in LE3 sold for £252,895 over the last five years, in today's money. Most sold between £211,774 and £289,182.

Is LE3 expensive for Leicester?

A 3-bedroom house in LE3 costs 8% less than the typical 3-bedroom house across Leicester (£274,000).

How many homes sell in LE3 each year?

637 homes sold in the last year and 4,199 in five years: one of the busier markets in England and Wales, so there is usually plenty to choose from.

What are the schools like near LE3?

The best-performing state primary within 2 km is Queensmead Primary Academy, where 87% 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.