Cheapside - LE1 5EA
Key Postcode Insights
LE1 5EA is a residential postcode situated on Cheapside, Leicester, LE1 with 2 addresses.
It ranks as the 110th largest and 1902nd most expensive of the 2,269 postcodes in the LE1 area.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £290,634
- 10 Year change
- up 50.1%
- Ave. Rental Price
- £1,178pcm
- 10 Year change
- up 64.0%
- Ave. £ per ft²
- £197/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
LE1 5EA is a residential postcode situated on Cheapside, Leicester, LE1 with 2 addresses.
It ranks as the 110th largest and 1902nd most expensive of the 2,269 postcodes in the LE1 area.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £290,634
- 10 Year change
- up 50.1%
- Ave. Rental Price
- £1,178pcm
- 10 Year change
- up 64.0%
- Ave. £ per ft²
- £197/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Sales Market Trends
The last sale in LE1 5EA sold for £380,000 on 6th September 2024. Since then prices are down an average of 0.0%.
The current average value in the postcode is £290,634.
The LE1 5EA Sales Market has increased by 50.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.1% | £290,634 |
| June 2025 | 0.8% | £293,737 |
| June 2024 | 0.2% | £291,328 |
| June 2023 | 2.5% | £290,663 |
| June 2022 | 9.2% | £283,674 |
| June 2021 | 8.9% | £259,709 |
| June 2020 | 3.2% | £238,406 |
| June 2019 | 5.8% | £231,060 |
| June 2018 | 6.5% | £218,462 |
| June 2017 | 6% | £205,165 |
| June 2016 | 7.6% | £193,562 |
| June 2015 | 3.7% | £179,924 |
| June 2014 | 5.9% | £173,568 |
| June 2013 | 1.9% | £163,848 |
| June 2012 | 0.2% | £160,738 |
| June 2011 | -0.6% | £160,461 |
| June 2010 | 8.7% | £161,382 |
| June 2009 | -10.5% | £148,483 |
| June 2008 | -4.6% | £165,819 |
| June 2007 | 0% | £173,836 |
Rental Market Trends
The current average rental value in the postcode is £1,178.
The LE1 5EA Rental Market has increased by 64.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £1,178pcm |
| June 2025 | 4.2% | £1,142pcm |
| June 2024 | 8% | £1,096pcm |
| June 2023 | 9.5% | £1,015pcm |
| June 2022 | 9.7% | £927pcm |
| June 2021 | 4% | £845pcm |
| June 2020 | 2.6% | £813pcm |
| June 2019 | 3.1% | £793pcm |
| June 2018 | 4% | £769pcm |
| June 2017 | 2.9% | £739pcm |
| June 2016 | 3.5% | £718pcm |
| June 2015 | 2.5% | £694pcm |
| June 2014 | 1.9% | £677pcm |
| June 2013 | 1.7% | £664pcm |
| June 2012 | 0.1% | £653pcm |
| June 2011 | 4% | £653pcm |
| June 2010 | 6% | £627pcm |
| June 2009 | -5.4% | £592pcm |
| June 2008 | 1.4% | £626pcm |
| June 2007 | 0% | £617pcm |
Sales History
The last sale was on 6th September 2024 for £380,000 and since then the market in the area has remained stable. The postcode has had a total of 4 sales since 1995.
LE1 5EA has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Sep 2024£380,000 | 4 Bed House14, Cheapside, Leicester, LE1 5EA14, Cheapside, Leicester, LE1 5EA
- Sold Jan 2018£750,000 | 4 Bed House14, Cheapside, Leicester, LE1 5EA14, Cheapside, Leicester, LE1 5EA
- Sold Jan 2018£535,000 | 4 Bed House14, Cheapside, Leicester, LE1 5EA14, Cheapside, Leicester, LE1 5EA
- Sold Jan 2017£590,000 | 4 Bed House14, Cheapside, Leicester, LE1 5EA14, Cheapside, Leicester, LE1 5EA
Nearby Postcodes
LE1 5EA is the 110th largest and the 1902nd most expensive postcode out of the 2,269 postcodes in the LE1 area.
- LE1 5EQ, Morley Arcade, Leicester, LE1LE1 5EQ1 Addresses|17 m away
- LE1 5EN, Market Place, Leicester, LE1LE1 5EN3 Addresses|31 m away
- LE1 5EB, Cheapside, Leicester, LE1LE1 5EB1 Addresses|35 m away
- LE1 5AD, Gallowtree Gate, Leicester, LE1LE1 5AD1 Addresses|54 m away
- LE1 5FA, Silver Arcade, Leicester, LE1LE1 5FA7 Addresses|58 m away
Property Types
- 2 other addresses of unknown type
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Jun 2022£1,700,000 | 4 Bed House1-3, Cheapside, Leicester, LE1 5EB1-3, Cheapside, Leicester, LE1 5EB
- Sold Jan 2018£750,000 | 4 Bed House14, Cheapside, Leicester, LE1 5EA14, Cheapside, Leicester, LE1 5EA
- Sold Jan 2017£590,000 | 4 Bed House14, Cheapside, Leicester, LE1 5EA14, Cheapside, Leicester, LE1 5EA
Schools Nearby
- Slater Primary School900 m away
- Taylor Road Primary School1.1 km away
- Sparkenhoe Community Primary School1.1 km away
- Castle Mead Academy800 m away
- Moat Community College900 m away
- Brook Mead Academy1.8 km away
More reading links
Public Transport Nearby
The closest station to LE1 5EA is Leicester station, which is 700 metres away.
- Leicester|700 m away
- South Wigston|5.9 km away
- Syston|7.4 km away
- Narborough|8.6 km away