Medway Street - LE2 1BQ
Key Postcode Insights
LE2 1BQ is a residential postcode situated on Medway Street, Leicester, LE2 with 7 addresses.
It ranks as the 187th largest and 10th most expensive of the 1,980 postcodes in the LE2 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 7 properties: 3 houses and 4 flats.
- Ave. Sale Price
- £133,221
- 10 Year change
- up 47.0%
- Ave. Rental Price
- £780pcm
- 10 Year change
- up 62.4%
- Ave. £ per ft²
- £168/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Key Postcode Insights
LE2 1BQ is a residential postcode situated on Medway Street, Leicester, LE2 with 7 addresses.
It ranks as the 187th largest and 10th most expensive of the 1,980 postcodes in the LE2 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 7 properties: 3 houses and 4 flats.
- Ave. Sale Price
- £133,221
- 10 Year change
- up 47.0%
- Ave. Rental Price
- £780pcm
- 10 Year change
- up 62.4%
- Ave. £ per ft²
- £168/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Explore Propertiesin LE2 1BQ
- 2 Medway Street
3 Bed Period House
- 4 Medway Street
4 Bed Period House
- 6 Medway Street
Building | 2 Flats
- 8 Medway Street
Building | 2 Flats
- 10 Medway Street
4 Bed Period House
Sales Market Trends
The last sale in LE2 1BQ sold for £225,000 on 29th November 2023. Since then prices are up an average of 47.5%.
The current average value in the postcode is £133,221.
The LE2 1BQ Sales Market has increased by 47.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £133,221 |
| June 2025 | 1.4% | £133,753 |
| June 2024 | -0.3% | £131,857 |
| June 2023 | 1.6% | £132,317 |
| June 2022 | 9.1% | £130,279 |
| June 2021 | 7.4% | £119,362 |
| June 2020 | 4.3% | £111,180 |
| June 2019 | 4.2% | £106,637 |
| June 2018 | 6.2% | £102,291 |
| June 2017 | 6.3% | £96,364 |
| June 2016 | 6.1% | £90,649 |
| June 2015 | 4.8% | £85,471 |
| June 2014 | 6.7% | £81,584 |
| June 2013 | 0.2% | £76,472 |
| June 2012 | -0.1% | £76,301 |
| June 2011 | -1.2% | £76,415 |
| June 2010 | 6.3% | £77,339 |
| June 2009 | -12.2% | £72,778 |
| June 2008 | -3.1% | £82,885 |
| June 2007 | 0% | £85,510 |
Rental Market Trends
The current average rental value in the postcode is £780.
The LE2 1BQ Rental Market has increased by 62.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.1% | £780pcm |
| June 2025 | 4.5% | £749pcm |
| June 2024 | 7.7% | £717pcm |
| June 2023 | 8.4% | £666pcm |
| June 2022 | 9.2% | £614pcm |
| June 2021 | 4.6% | £562pcm |
| June 2020 | 2.9% | £537pcm |
| June 2019 | 2.5% | £522pcm |
| June 2018 | 2.8% | £510pcm |
| June 2017 | 3.2% | £496pcm |
| June 2016 | 3.1% | £480pcm |
| June 2015 | 3.2% | £466pcm |
| June 2014 | 2.1% | £452pcm |
| June 2013 | 1.5% | £442pcm |
| June 2012 | -0.6% | £436pcm |
| June 2011 | 3% | £438pcm |
| June 2010 | 3.7% | £425pcm |
| June 2009 | -7.5% | £410pcm |
| June 2008 | 1.9% | £444pcm |
| June 2007 | 0% | £435pcm |
Sales History
The last sale was on 29th November 2023 for £225,000 and since then the market in the area has increased by 47.5%. The postcode has had a total of 9 sales since 1995.
LE2 1BQ has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Nov 2023£225,000 | 2 Bed FlatFlat 1, 8, Medway Street, Leicester, LE2 1BQFlat 1, 8, Medway Street, Leicester, LE2 1BQ
- Sold Nov 2023£225,000 | 1 Bed FlatFlat 1, 6, Medway Street, Leicester, LE2 1BQFlat 1, 6, Medway Street, Leicester, LE2 1BQ
- Sold Feb 2016£143,500 | 4 Bed House4, Medway Street, Leicester, LE2 1BQ4, Medway Street, Leicester, LE2 1BQ
- Sold Jun 2007£105,000 | 4 Bed House4, Medway Street, Leicester, LE2 1BQ4, Medway Street, Leicester, LE2 1BQ
- Sold Apr 2007£125,000 | 4 Bed House10, Medway Street, Leicester, LE2 1BQ10, Medway Street, Leicester, LE2 1BQ
Nearby Postcodes
LE2 1BQ is the 187th largest and the 10th most expensive postcode out of the 1,980 postcodes in the LE2 area.
- LE2 1DR, St. Stephens Road, Leicester, LE2LE2 1DR3 Addresses|27 m away
- LE2 1DA, St. Peters Road, Leicester, LE2LE2 1DA29 Addresses|49 m away
- LE2 1BR, Medway Street, Leicester, LE2LE2 1BR35 Addresses|62 m away
- LE2 1DF, St. Peters Road, Leicester, LE2LE2 1DF27 Addresses|71 m away
- LE2 1BB, Avon Street, Leicester, LE2LE2 1BB34 Addresses|73 m away
Property Types
- 3 period houses built between 1800 and 1911
- 4 modern flats built after 1980
- period house (3)
- modern flat (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (0)
- D (5)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Nov 2023£240,000 | 3 Bed House13, Medway Street, Leicester, LE2 1BR13, Medway Street, Leicester, LE2 1BR
- Sold Nov 2023£225,000 | 2 Bed FlatFlat 1, 8, Medway Street, Leicester, LE2 1BQFlat 1, 8, Medway Street, Leicester, LE2 1BQ
- Sold Nov 2023£225,000 | 1 Bed FlatFlat 1, 6, Medway Street, Leicester, LE2 1BQFlat 1, 6, Medway Street, Leicester, LE2 1BQ
Schools Nearby
- Medway Community Primary School100 m away
- Uplands Junior L.E.A.D. Academy300 m away
- Uplands Infant School300 m away
- Moat Community College600 m away
- Madani Girls' School1.0 km away
- Madani Boys School1.0 km away
More reading links
Public Transport Nearby
The closest station to LE2 1BQ is Leicester station, which is 800 metres away.
- Leicester|800 m away
- South Wigston|5.4 km away
- Syston|7.6 km away
- Narborough|8.8 km away
