Leicester · report
House prices in Leicester: the next 12 months
Sale prices have an 80% chance of landing between £202,696 and £229,019 by August 2027.
- Expected, August 2027
- £215,857
- Chance of a rise
- 14%
Leicester: five years of prices and the expected path
Average sale price per home, £, monthly, with the next 12 months' expected path
- Leicester
- East Midlands
- United Kingdom
- Expected path
- 80% range
Show the numbers
| Period | Leicester | East Midlands | United Kingdom |
|---|---|---|---|
| Aug 2027 · Expected path | £215,857 (£202,696–£229,019) | £244,375 | £280,154 |
| Jul 2027 · Expected path | £216,776 (£204,323–£229,229) | £244,173 | £279,560 |
| Jun 2027 · Expected path | £217,695 (£205,965–£229,425) | £243,971 | £278,967 |
| May 2027 · Expected path | £218,613 (£207,623–£229,604) | £243,770 | £278,374 |
| Apr 2027 · Expected path | £219,532 (£209,301–£229,762) | £243,568 | £277,781 |
| Mar 2027 · Expected path | £220,451 (£211,005–£229,896) | £243,366 | £277,188 |
| Feb 2027 · Expected path | £221,369 (£212,741–£229,997) | £243,165 | £276,595 |
| Jan 2027 · Expected path | £222,288 (£214,520–£230,056) | £242,963 | £276,002 |
| Dec 2026 · Expected path | £223,206 (£216,357–£230,056) | £242,762 | £275,409 |
| Nov 2026 · Expected path | £224,125 (£218,279–£229,971) | £242,560 | £274,816 |
| Oct 2026 · Expected path | £225,044 (£220,342–£229,746) | £242,358 | £274,223 |
| Sep 2026 · Expected path | £225,962 (£222,689–£229,236) | £242,157 | £273,630 |
| Aug 2026 | £226,881 | £241,955 | £273,037 |
| Jul 2026 | £226,575 | £241,060 | £272,146 |
| Jun 2026 | £226,865 | £238,396 | £270,690 |
| May 2026 | £227,490 | £242,610 | £272,221 |
| Apr 2026 | £230,545 | £242,002 | £270,966 |
| Mar 2026 | £232,579 | £241,579 | £268,631 |
| Feb 2026 | £234,939 | £241,087 | £269,423 |
| Jan 2026 | £231,554 | £240,921 | £268,814 |
| Dec 2025 | £228,257 | £240,597 | £268,002 |
| Nov 2025 | £230,511 | £240,489 | £270,472 |
| Oct 2025 | £230,686 | £240,774 | £269,819 |
| Sep 2025 | £234,089 | £239,659 | £269,556 |
| Aug 2025 | £230,294 | £240,801 | £270,575 |
| Jul 2025 | £229,336 | £237,763 | £268,843 |
| Jun 2025 | £224,702 | £234,828 | £266,796 |
| May 2025 | £225,605 | £233,359 | £264,078 |
| Apr 2025 | £227,937 | £228,979 | £260,162 |
| Mar 2025 | £228,677 | £240,072 | £268,019 |
| Feb 2025 | £228,155 | £236,450 | £264,771 |
| Jan 2025 | £227,468 | £236,516 | £264,936 |
| Dec 2024 | £229,737 | £237,904 | £263,991 |
| Nov 2024 | £229,991 | £235,874 | £264,515 |
| Oct 2024 | £230,730 | £236,104 | £265,252 |
| Sep 2024 | £228,418 | £234,886 | £264,750 |
| Aug 2024 | £225,007 | £234,304 | £265,085 |
| Jul 2024 | £224,533 | £233,319 | £262,479 |
| Jun 2024 | £224,195 | £228,627 | £259,585 |
| May 2024 | £225,421 | £230,613 | £258,565 |
| Apr 2024 | £221,728 | £227,940 | £256,478 |
| Mar 2024 | £222,574 | £227,703 | £255,082 |
| Feb 2024 | £224,367 | £227,623 | £254,633 |
| Jan 2024 | £226,485 | £227,053 | £255,972 |
| Dec 2023 | £226,980 | £229,757 | £256,177 |
| Nov 2023 | £227,520 | £233,029 | £258,368 |
| Oct 2023 | £226,466 | £232,325 | £260,129 |
| Sep 2023 | £225,269 | £233,437 | £261,318 |
| Aug 2023 | £225,444 | £235,914 | £262,602 |
| Jul 2023 | £225,080 | £233,810 | £261,182 |
| Jun 2023 | £227,678 | £232,790 | £258,275 |
| May 2023 | £225,145 | £229,615 | £257,330 |
| Apr 2023 | £225,987 | £230,965 | £256,479 |
| Mar 2023 | £225,412 | £229,868 | £255,885 |
| Feb 2023 | £228,566 | £232,456 | £258,788 |
| Jan 2023 | £231,749 | £235,315 | £260,941 |
| Dec 2022 | £231,136 | £237,956 | £263,190 |
| Nov 2022 | £228,476 | £237,753 | £265,299 |
| Oct 2022 | £227,464 | £237,264 | £265,693 |
| Sep 2022 | £223,661 | £236,940 | £265,727 |
| Aug 2022 | £224,496 | £237,151 | £265,124 |
| Jul 2022 | £217,613 | £233,487 | £262,904 |
| Jun 2022 | £218,313 | £231,038 | £258,118 |
| May 2022 | £216,652 | £226,878 | £255,040 |
| Apr 2022 | £218,301 | £224,769 | £252,167 |
| Mar 2022 | £217,200 | £222,760 | £249,232 |
| Feb 2022 | £213,874 | £221,012 | £248,309 |
| Jan 2022 | £210,767 | £219,956 | £248,031 |
| Dec 2021 | £207,901 | £218,318 | £245,189 |
| Nov 2021 | £207,153 | £216,112 | £243,930 |
| Oct 2021 | £205,446 | £212,790 | £239,236 |
| Sep 2021 | £200,074 | £217,444 | £245,371 |
What the model expects
The central estimate at each horizon, and the range prices land in 8 times out of 10.
| Horizon | Expected | 80% range | Chance of a rise | Chance of beating inflation |
|---|---|---|---|---|
| In 3 months (November 2026) | £224,125 | £218,279 – £229,971 | 27% | 15% |
| In 4 months (December 2026) | £223,206 | £216,357 – £230,056 | 25% | 12% |
| In 12 months (August 2027) | £215,857 | £202,696 – £229,019 | 14% | 3% |
The outlook carries the region's own monthly price history forward: the recent trend and how far prices usually stray from it. It knows nothing about interest-rate decisions, new laws or local projects, so read it as a description of momentum, not a forecast to act on.
Other reports for Leicester
At the average sale price, a home costs £226,881. With 10% down and a 30-year mortgage, the payment is £1,047 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.
- Payment, two incomes
- 19%
- Payment, one income
- 39%
Owning and renting the average home cost about the same each month. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.
- Rent per month
- £1,020
- Owning per month
- £1,068
76.2% fewer homes were started in the last 12 months than in an average year of the past decade.
- Started, 12 months
- 60
- Per 1,000 residents
- 0.2
Figures for United Kingdom: Leicester has no reliable figures of its own.
Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.
- Bought by buyers abroad, 12 months
- 1.8%
Sale prices have fallen by 3% or more 6 times since 1995. The deepest began in October 2007.
- Deepest fall
- −18.7%
- Recovery from the low
- 78 months
In 2025 the population fell by 3,632 while 190 homes were finished.
- Homes finished, 2025
- 190
- Population change, 2025
- −3,632
5.3% of the 134,659 homes counted in the 2021 census had nobody usually living in them.
- Empty, 2021 census
- 5.3%
- Empty homes
- 7,075
In 2025, 43% of the homes added came from existing buildings rather than new ones.
- Homes from existing buildings, 2025
- 43%