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 5 July 2026Average house price£234,631
MoM +0.4%YoY +2.9%
Average private rent£1,024
MoM -0.1%YoY +3.1%
Median annual pay£33,254ASHE 2025
Employment rate65.1%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
- April 2026
- Rent data
- May 2026
- Pay data
- Jan 2025-Dec 2025 / ASHE 2025
Official price trend
All homes UK HPI series, last 5Y.
All homes average price was £234,631 in April 2026, 0.4% up over the month and 2.9% up over the year.
Monthly movementUp 0.4%From £233,808 last month
Annual movementUp 2.9%From £227,937 last year
| Month | Average price | Monthly change | Annual change |
|---|---|---|---|
| Month: May 2025 | Average: £225,582 | Monthly: -1.0% | Annual: +0.1% |
| Month: June 2025 | Average: £224,610 | Monthly: -0.4% | Annual: +0.2% |
| Month: July 2025 | Average: £229,879 | Monthly: +2.3% | Annual: +2.4% |
| Month: August 2025 | Average: £232,437 | Monthly: +1.1% | Annual: +3.3% |
| Month: September 2025 | Average: £237,487 | Monthly: +2.2% | Annual: +4.0% |
| Month: October 2025 | Average: £234,123 | Monthly: -1.4% | Annual: +1.5% |
| Month: November 2025 | Average: £233,187 | Monthly: -0.4% | Annual: +1.4% |
| Month: December 2025 | Average: £230,062 | Monthly: -1.3% | Annual: +0.1% |
| Month: January 2026 | Average: £231,923 | Monthly: +0.8% | Annual: +2.0% |
| Month: February 2026 | Average: £235,029 | Monthly: +1.3% | Annual: +3.0% |
| Month: March 2026 | Average: £233,808 | Monthly: -0.5% | Annual: +2.2% |
| Month: April 2026 | Average: £234,631 | Monthly: +0.4% | Annual: +2.9% |
Continue Leicester Research
House Prices And Sold-Price Evidence
UK HPI shows £234,631 for April 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 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 average house price stood at £234,631 in April 2026, according to the UK House Price Index. That is a modest rise of 0.4% from March, when the average was £233,808.
On an annual basis, prices were up 2.9%, showing that the city’s market is still moving higher, but at a measured pace.
Leicester’s average private rent was £1,024 in May 2026, according to the ONS Price Index of Private Rents. That was down slightly from £1,025 in April.
The monthly movement was -0.08%, so the latest change was very small and points to a broadly steady market rather than a sharp swing.
Leicester’s labour market picture from ONS and Nomis shows a city with a large resident base and a mixed affordability context. The resident population was 388,348 in 2024.