Southmeads Road - LE2 2LR
Key Postcode Insights
LE2 2LR is a residential postcode situated on Southmeads Road, Leicester, LE2 with 7 addresses.
It ranks as the 193rd largest and 1797th most expensive of the 1,980 postcodes in the LE2 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 7 properties: 7 houses.
- Ave. Sale Price
- £756,773
- 10 Year change
- up 43.6%
- Ave. Rental Price
- £2,326pcm
- 10 Year change
- up 60.8%
- Ave. £ per ft²
- £145/ft²
- Ave. Gross Yield
- 3.7%/year/yr
Key Postcode Insights
LE2 2LR is a residential postcode situated on Southmeads Road, Leicester, LE2 with 7 addresses.
It ranks as the 193rd largest and 1797th most expensive of the 1,980 postcodes in the LE2 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 7 properties: 7 houses.
- Ave. Sale Price
- £756,773
- 10 Year change
- up 43.6%
- Ave. Rental Price
- £2,326pcm
- 10 Year change
- up 60.8%
- Ave. £ per ft²
- £145/ft²
- Ave. Gross Yield
- 3.7%/year/yr
Explore Propertiesin LE2 2LR
- 3 Southmeads Road
5 Bed Mid-century House
- 5 Southmeads Road
5 Bed Early-century House
- 11 Southmeads Road
Unknown
- 13 Southmeads Road
5 Bed Early-century House
- 15 Southmeads Road
5 Bed Modern House
Sales Market Trends
The last sale in LE2 2LR sold for £1,657,500 on 29th May 2025. Since then prices are down an average of 0.9%.
The current average value in the postcode is £756,773.
The LE2 2LR Sales Market has increased by 43.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.1% | £756,773 |
| June 2025 | 1.6% | £765,413 |
| June 2024 | 0.5% | £753,009 |
| June 2023 | 1% | £748,969 |
| June 2022 | 8.3% | £741,752 |
| June 2021 | 7.1% | £684,813 |
| June 2020 | 3.6% | £639,129 |
| June 2019 | 3.7% | £616,899 |
| June 2018 | 5.9% | £594,785 |
| June 2017 | 6.6% | £561,647 |
| June 2016 | 6.7% | £526,873 |
| June 2015 | 4.6% | £493,637 |
| June 2014 | 7.3% | £471,813 |
| June 2013 | 0.6% | £439,745 |
| June 2012 | -0.1% | £437,268 |
| June 2011 | -0.4% | £437,746 |
| June 2010 | 11.3% | £439,537 |
| June 2009 | -9.4% | £394,848 |
| June 2008 | -4% | £435,743 |
| June 2007 | 0% | £454,044 |
Rental Market Trends
The current average rental value in the postcode is £2,326.
The LE2 2LR Rental Market has increased by 60.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.9% | £2,326pcm |
| June 2025 | 5% | £2,239pcm |
| June 2024 | 7.4% | £2,132pcm |
| June 2023 | 8.9% | £1,986pcm |
| June 2022 | 7.1% | £1,823pcm |
| June 2021 | 6.5% | £1,702pcm |
| June 2020 | 1.3% | £1,599pcm |
| June 2019 | 2.5% | £1,579pcm |
| June 2018 | 3.2% | £1,540pcm |
| June 2017 | 3.3% | £1,493pcm |
| June 2016 | 4% | £1,446pcm |
| June 2015 | 2.7% | £1,391pcm |
| June 2014 | 2.3% | £1,354pcm |
| June 2013 | 2% | £1,323pcm |
| June 2012 | -0.8% | £1,297pcm |
| June 2011 | 4.9% | £1,308pcm |
| June 2010 | 8.9% | £1,247pcm |
| June 2009 | -4.6% | £1,145pcm |
| June 2008 | 1.4% | £1,200pcm |
| June 2007 | 0% | £1,184pcm |
Sales History
The last sale was on 29th May 2025 for £1,657,500 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 7 sales since 1995.
LE2 2LR has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold May 2025£1,657,500 | 5 Bed House15, Southmeads Road, Leicester, LE2 2LR15, Southmeads Road, Leicester, LE2 2LR
- Sold May 2019£1,325,000 | 5 Bed House5, Southmeads Road, Leicester, LE2 2LR5, Southmeads Road, Leicester, LE2 2LR
- Sold Aug 2015£775,000 | 5 Bed House13, Southmeads Road, Leicester, LE2 2LR13, Southmeads Road, Leicester, LE2 2LR
- Sold Oct 2011£910,000 | 5 Bed House3, Southmeads Road, Leicester, LE2 2LR3, Southmeads Road, Leicester, LE2 2LR
- Sold Jul 2006£730,000 | 5 Bed House15, Southmeads Road, Leicester, LE2 2LR15, Southmeads Road, Leicester, LE2 2LR
Nearby Postcodes
LE2 2LR is the 193rd largest and the 1797th most expensive postcode out of the 1,980 postcodes in the LE2 area.
- LE2 2LS, Southmeads Road, Leicester, LE2LE2 2LS16 Addresses|97 m away
- LE2 2ND, Stoughton Drive South, Leicester, LE2LE2 2ND1 Addresses|181 m away
- LE2 2NG, Stoughton Drive South, Leicester, LE2LE2 2NG3 Addresses|190 m away
- LE2 2LH, Manor Road, Oadby, Leicester, LE2LE2 2LH3 Addresses|220 m away
- LE2 2NF, Stoughton Drive South, Leicester, LE2LE2 2NF2 Addresses|246 m away
Property Types
- 1 modern house built after 1980
- 1 mid-century house built between 1936 and 1979
- 2 early-century houses built between 1912 and 1935
- 3 other addresses of unknown type
- modern house (1)
- mid-century house (1)
- early-century house (2)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is B.
- A (0)
- E (1)
- B (1)
- F (0)
- C (1)
- G (0)
- D (1)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold May 2025£1,657,500 | 5 Bed House15, Southmeads Road, Leicester, LE2 2LR15, Southmeads Road, Leicester, LE2 2LR
- Sold Oct 2025£1,425,000 | 5 Bed House34, Southmeads Road, Leicester, LE2 2LS34, Southmeads Road, Leicester, LE2 2LS
- Sold May 2019£1,325,000 | 5 Bed House5, Southmeads Road, Leicester, LE2 2LR5, Southmeads Road, Leicester, LE2 2LR
Schools Nearby
- Launde Primary School1.1 km away
- Langmoor Primary School Oadby1.3 km away
- St Thomas More Catholic Voluntary Academy1.7 km away
- Manor High School1.9 km away
- Judgemeadow Community College2.1 km away
- Crown Hills Community College2.3 km away
More reading links
Public Transport Nearby
The closest station to LE2 2LR is Leicester station, which is 3.7 kilometres away.
- Leicester|3.7 km away
- South Wigston|4.3 km away
- Narborough|8.9 km away
- Syston|9.7 km away
