Leicester Property Prices and Rents
A quick local authority snapshot for prices, rents, local incomes and market direction. Use the deeper market pages for sales, rental and affordability evidence.
Leicester market at a glance
Page refreshed 19 August 2026Average house price£228,618
MoM -0.7%YoY +1.7%
Average private rent£1,024
MoM -0.1%YoY +2.3%
Median annual pay£33,254ASHE 2026
Employment rate67.1%Aged 16-64
What this means
Leicester house prices are rising modestly compared with last year. Rent and wage data help compare local affordability and demand.
Data freshness
- House price data
- June 2026
- Rent data
- July 2026
- Pay data
- Apr 2025-Mar 2026 / ASHE 2026
Official price trend
All homes UK HPI series, last 5Y.
All homes average price was £228,618 in June 2026, 0.7% down over the month and 1.7% up over the year.
Monthly movementDown 0.7%From £230,128 last month
Annual movementUp 1.7%From £224,702 last year
| Month | Average price | Monthly change | Annual change |
|---|---|---|---|
| Month: July 2025 | Average: £229,394 | Monthly: +2.1% | Annual: +2.2% |
| Month: August 2025 | Average: £230,292 | Monthly: +0.4% | Annual: +2.3% |
| Month: September 2025 | Average: £234,821 | Monthly: +2.0% | Annual: +2.8% |
| Month: October 2025 | Average: £231,985 | Monthly: -1.2% | Annual: +0.5% |
| Month: November 2025 | Average: £232,869 | Monthly: +0.4% | Annual: +1.3% |
| Month: December 2025 | Average: £229,706 | Monthly: -1.4% | Annual: 0.0% |
| Month: January 2026 | Average: £232,614 | Monthly: +1.3% | Annual: +2.3% |
| Month: February 2026 | Average: £235,125 | Monthly: +1.1% | Annual: +3.1% |
| Month: March 2026 | Average: £233,947 | Monthly: -0.5% | Annual: +2.3% |
| Month: April 2026 | Average: £233,222 | Monthly: -0.3% | Annual: +2.3% |
| Month: May 2026 | Average: £230,128 | Monthly: -1.3% | Annual: +2.0% |
| Month: June 2026 | Average: £228,618 | Monthly: -0.7% | Annual: +1.7% |
Continue Leicester Research
House Prices And Sold-Price Evidence
UK HPI shows £228,618 for June 2026, with raw completed-sale evidence from HM Land Registry.
Open pageRents, Yield And Rental DemandONS private rents show £1,024 average rent, with an indicative gross yield signal.
Open pageWages, Employment And AffordabilityMedian resident pay is £33,254 and helps compare local affordability.
Open pageTrack Major Leicester SchemesReview regeneration projects and how they relate to postcode districts and investor research.
Open pageLeicester Property GuidesOpen local-authority-specific guides that explain how to use the data safely.
Open pageSources of this data
UK House Price Index (ONS) · Office for National Statistics Private Rent Index · ASHE earnings data
Official property market data is usually delayed because figures are published after the reporting month has ended.
Leicester market commentary
What the latest official data may mean for buyers, renters and investors.
Leicester’s latest UK House Price Index data shows an average property price of £228,618 in June 2026. That is down 0.7% on the month.
It is still 1.7% higher than a year earlier, so prices remain above where they were in June 2025.
Leicester’s average private rent stood at £1,024 in July 2026, according to the ONS Price Index of Private Rents. That was down slightly from £1,025 in June, so the month-on-month movement was marginally negative at -0.1%.
Even so, rents remain higher than a year ago, with annual growth of 2.3%.
Leicester’s labour market profile gives useful context for affordability, even if it does not tell us anything direct about house prices or rents. The city had a resident population of 383,116 in 2025, so the local market is supported by a large and diverse base of households and workers.