House valuation in LE7, Leicester — housesLE7, Leicester · postcode market · Houses · rolling monthly

Data accurate as of 1 Jul 2026Source: on-market listing data
Median asking price
£352k
Average £403k
Typical time on market
56 days
Median days on the market
Active listings
1,679
Currently on the market
Sold vs asking
−4.9%
−£9k vs asking
AI insight · Your area in three sentences

LE7 houses: asking prices are down year on year

Median asking price for houses in LE7, Leicester is £352,000, down 14% year on year. Homes are listed for an average of 101 days, and 27.3% of listings have had a price reduction. Agreed sales are 4.9% below asking on average. Use the house price trends, time-on-market and momentum figures below to judge what your home could realistically achieve. Then get a free online valuation for a figure on your specific property.

Median asking £352,000101 days on market27.3% price reductions4.9% below asking

Your area at a glance

How the LE7, Leicester market is performing right now. Tap a metric to chart it.

Completion ratei
11%
Share of agreed sales reaching completion

Median asking price trend

3-month rolling average across LE7, Leicester.

£340k£360k£380k£400k£420kJan 2025Jun 2025Nov 2025Apr 2026Jul 2026

Price per square metre

A size-adjusted view of local pricing, useful for comparing homes of different sizes.

Median £/m²i
£3,390
Half of local listings price above this per square metre
Average £/m²i
£3,448
Mean asking price per square metre across current listings

Deal flow this month

How many homes came to market, exchanged, and how often agreed sales fell through.

New instructionsi
106
Homes newly listed for sale this period
Exchangesi
12
Sales that legally completed this period
Fall-through ratei
0%
Share of agreed sales that collapsed before completion

When sellers cut, how much?

For homes that reduced their asking price, the typical size of the cut — plus how often sellers pull and relist.

Avg price reductioni
£18k
Average £ knocked off asking on reduced listings
Avg reduction sizei
4%
Average % cut on listings that dropped their price
Relist ratei
21%
Share of listings withdrawn and re-marketed
Market figures are compiled from on-market listing data, refresh monthly, and are indicative — review before use. Based on 238 listings in the latest period.

How much is my house worth in LE7?

The typical home in LE7 is asking £352k and takes about 56 days to sell. Your property's figure depends on size, condition and street — get a free online valuation in under a minute, with no agent visit and no obligation.

Get my free house valuation
Median asking
£352k
Typical sale time
56 days
Sold vs asking
−4.9%
On the market
1,679

All Leicester postcodes

Browse market data for every postcode in Leicester. You’re viewing LE7.

House valuation in LE7: common questions

What sellers in LE7 most often ask about valuations and local house prices.

How much is my house worth in LE7?

The median asking price in LE7 is currently £352k. That is the mid-point of homes on the market right now, so half are listed above it and half below. Your own figure depends on size, condition, layout and exact street — use £352k as the starting anchor, then get a free Upstix valuation for a figure on your specific property.

How long does it take to sell a house in LE7?

Homes in LE7 typically take around 56 days to go from listed to sale agreed. Add roughly 12–16 weeks on top for conveyancing and completion. Pricing accurately in the first two weeks is the single biggest lever on that timeline — listings that reduce later almost always take longer overall.

Are houses in LE7 selling for the asking price?

No — homes in LE7 are typically agreeing at about 4.9% below the original asking price. That gap is normal in most UK markets and usually reflects opening prices set slightly above expectation to leave negotiating room.

Is an online house valuation free?

Yes. An Upstix online house valuation is free and takes under a minute — there is no obligation and no agent visit required. Estate agents also offer free in-person valuations, while a formal RICS valuation report (used for probate, tax or lending) is a paid service, typically a few hundred pounds.

What is the difference between an online and an in-person valuation?

An online valuation uses sold prices, current listings and property attributes to estimate a market figure instantly — ideal for an early, no-commitment answer. An in-person valuation adds what data cannot see: condition, natural light, layout, noise and finish. Most sellers start online for a range, then confirm with two or three agent visits before choosing an asking price.

Where does the LE7 data on this page come from?

These figures are compiled from live on-market listing data covering LE7 and refresh monthly; the set shown was last refreshed on 2026-07-01. They describe the local market, not any individual property, so treat them as context rather than a valuation.

Talk to the Upstix team

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