Property prices in Leicester

Every valuation on this site is anchored to completed sales, and the Leicester average shows here once the data holds enough of them.

We publish the five year comparison wherever the price series holds enough sales to make it fair.

Leicester is a compact city where a short move between districts changes both rent and tenant profile. Shared houses cluster close to the centre while family letting sits further out.

Each property type in Leicester carries its own price level, listed below with the number of completed sales behind each figure. The number of sales behind each figure is shown beside it, so you can see how firm it is before you lean on it.

Rent for a year set against what a home is worth is the number to hold, and your report calculates it for your address.

Gross yield is not what you keep. Out of it come management, safety certificates, insurance, repairs and any empty weeks between tenants. The report on your own address sets the rent it can achieve against what the home is worth, so you are looking at your property rather than an area.

If you already own here and want the running of it taken off your hands, the management page for Leicester sets out what a high street agent charges on the area's real average rent against what Caso charges for the same work.

The table below is the price series our data supplier holds for the area, one row a year, with the movement across each year beside it. It is the same series the valuation on your own report is anchored against, which is why a report can say what your home is worth today from what it sold for years ago.

A trend is a description of the past, not a promise. What it is genuinely useful for is a sanity check: if the price you are being asked to pay assumes a rise the last five years never delivered, you are buying someone else's optimism.

District matters twice over for a landlord: it sets what you pay and it sets what you can charge. The districts below are the Leicester postcode areas with enough homes advertised to give a fair rental average, which is the side of the sum most buyers guess at.

Put the two halves together before you buy: the rent a district actually achieves against the price a district actually commands. That is the yield, and it is the only number that tells you whether a purchase works.