Market Place - LE1 5EL
Key Postcode Insights
LE1 5EL is a residential postcode situated on Market Place, Leicester, LE1 with 6 addresses.
It ranks as the 238th largest and 1011th most expensive of the 2,269 postcodes in the LE1 area.
The postcode contains a total of 6 properties: 3 houses and 3 flats.
- Ave. Sale Price
- £193,141
- 10 Year change
- up 44.2%
- Ave. Rental Price
- £920pcm
- 10 Year change
- up 57.5%
- Ave. £ per ft²
- £321/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
LE1 5EL is a residential postcode situated on Market Place, Leicester, LE1 with 6 addresses.
It ranks as the 238th largest and 1011th most expensive of the 2,269 postcodes in the LE1 area.
The postcode contains a total of 6 properties: 3 houses and 3 flats.
- Ave. Sale Price
- £193,141
- 10 Year change
- up 44.2%
- Ave. Rental Price
- £920pcm
- 10 Year change
- up 57.5%
- Ave. £ per ft²
- £321/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Propertiesin LE1 5EL
- 49 Market Place
Building | 3 Flats
- 63 Market Place
Unknown
- 65B Market Place
Unknown
- 67 Market Place
Unknown
Sales Market Trends
The last sale in LE1 5EL sold for £2,200,000 on 26th April 2017. Since then prices are down an average of 0.0%.
The current average value in the postcode is £193,141.
The LE1 5EL Sales Market has increased by 44.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.7% | £193,141 |
| June 2025 | 0.4% | £194,448 |
| June 2024 | 0.4% | £193,656 |
| June 2023 | 1.7% | £192,855 |
| June 2022 | 8.7% | £189,679 |
| June 2021 | 7.9% | £174,506 |
| June 2020 | 3.3% | £161,695 |
| June 2019 | 5.4% | £156,470 |
| June 2018 | 5.2% | £148,414 |
| June 2017 | 5.4% | £141,138 |
| June 2016 | 6.9% | £133,957 |
| June 2015 | 3.5% | £125,256 |
| June 2014 | 6% | £121,030 |
| June 2013 | 1.4% | £114,133 |
| June 2012 | -0.2% | £112,608 |
| June 2011 | -1.1% | £112,868 |
| June 2010 | 7% | £114,139 |
| June 2009 | -12.7% | £106,639 |
| June 2008 | -4.4% | £122,183 |
| June 2007 | 0% | £127,745 |
Rental Market Trends
The current average rental value in the postcode is £920.
The LE1 5EL Rental Market has increased by 57.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £920pcm |
| June 2025 | 3.8% | £889pcm |
| June 2024 | 8.2% | £856pcm |
| June 2023 | 8.6% | £791pcm |
| June 2022 | 9.1% | £728pcm |
| June 2021 | 3% | £667pcm |
| June 2020 | 2.7% | £648pcm |
| June 2019 | 2.8% | £631pcm |
| June 2018 | 2.8% | £614pcm |
| June 2017 | 2.3% | £597pcm |
| June 2016 | 2.9% | £584pcm |
| June 2015 | 2.4% | £568pcm |
| June 2014 | 2% | £555pcm |
| June 2013 | 1.1% | £544pcm |
| June 2012 | -0.3% | £538pcm |
| June 2011 | 3.4% | £539pcm |
| June 2010 | 4.4% | £521pcm |
| June 2009 | -7.8% | £500pcm |
| June 2008 | 1.7% | £542pcm |
| June 2007 | 0% | £533pcm |
Sales History
The last sale was on 26th April 2017 for £2,200,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
LE1 5EL has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
LE1 5EL is the 238th largest and the 1011th most expensive postcode out of the 2,269 postcodes in the LE1 area.
- LE1 5EH, Market Place Approach, Leicester, LE1LE1 5EH14 Addresses|40 m away
- LE1 5AD, Gallowtree Gate, Leicester, LE1LE1 5AD1 Addresses|55 m away
- LE1 5EN, Market Place, Leicester, LE1LE1 5EN3 Addresses|71 m away
- LE1 5HB, Market Place South, Leicester, LE1LE1 5HB10 Addresses|71 m away
- LE1 5AE, Silver Arcade, Leicester, LE1LE1 5AE2 Addresses|82 m away
Property Types
- 6 other addresses of unknown type
- Unknown (6)
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 (6)
Top 3 Most Expensive Sales
- Sold Apr 2017£2,200,000 | 4 Bed House65B, Market Place, Leicester, LE1 5EL65B, Market Place, Leicester, LE1 5EL
- Sold Apr 2022£570,000 | 4 Bed HouseE B House 30, Market Place, Leicester, LE1 5GFE B House 30, Market Place, Leicester, LE1 5GF
- Sold Apr 2025£480,000 | 4 Bed HouseE B House 30, Market Place, Leicester, LE1 5GFE B House 30, Market Place, Leicester, LE1 5GF
Schools Nearby
- Sparkenhoe Community Primary School1.0 km away
- Slater Primary School1.0 km away
- Taylor Road Primary School1.1 km away
- Castle Mead Academy900 m away
- Moat Community College900 m away
- Brook Mead Academy1.9 km away
More reading links
Public Transport Nearby
The closest station to LE1 5EL is Leicester station, which is 600 metres away.
- Leicester|600 m away
- South Wigston|5.9 km away
- Syston|7.5 km away
- Narborough|8.5 km away