Morland Avenue - LE2 2PE
Key Postcode Insights
LE2 2PE is a residential postcode situated on Morland Avenue, Leicester, LE2 with 26 addresses.
It ranks as the 1091st largest and 1911th most expensive of the 1,980 postcodes in the LE2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 26 properties: 19 houses and 7 flats.
- Ave. Sale Price
- £592,457
- 10 Year change
- up 37.0%
- Ave. Rental Price
- £1,835pcm
- 10 Year change
- up 54.4%
- Ave. £ per ft²
- £359/ft²
- Ave. Gross Yield
- 3.7%/year/yr
Key Postcode Insights
LE2 2PE is a residential postcode situated on Morland Avenue, Leicester, LE2 with 26 addresses.
It ranks as the 1091st largest and 1911th most expensive of the 1,980 postcodes in the LE2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 26 properties: 19 houses and 7 flats.
- Ave. Sale Price
- £592,457
- 10 Year change
- up 37.0%
- Ave. Rental Price
- £1,835pcm
- 10 Year change
- up 54.4%
- Ave. £ per ft²
- £359/ft²
- Ave. Gross Yield
- 3.7%/year/yr
Explore Propertiesin LE2 2PE
- 2 Morland Avenue
6 Units
- 4 Morland Avenue
5 Bed Period House
- 6 Morland Avenue
Unknown
- 8 Morland Avenue
5 Bed Period House
- 10 Morland Avenue
5 Bed Period House
Sales Market Trends
The last sale in LE2 2PE sold for £705,000 on 21st September 2023. Since then prices are down an average of 0.1%.
The current average value in the postcode is £592,457.
The LE2 2PE Sales Market has increased by 37.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.4% | £592,457 |
| June 2025 | 1.3% | £600,967 |
| June 2024 | 1% | £593,351 |
| June 2023 | 0.9% | £587,341 |
| June 2022 | 6.7% | £582,064 |
| June 2021 | 6.2% | £545,375 |
| June 2020 | 4.2% | £513,568 |
| June 2019 | 2.8% | £492,760 |
| June 2018 | 5.2% | £479,415 |
| June 2017 | 5.4% | £455,884 |
| June 2016 | 6% | £432,482 |
| June 2015 | 4.3% | £407,897 |
| June 2014 | 7.3% | £391,171 |
| June 2013 | 0% | £364,587 |
| June 2012 | -0.2% | £364,735 |
| June 2011 | -1.1% | £365,623 |
| June 2010 | 9.7% | £369,641 |
| June 2009 | -10.6% | £336,813 |
| June 2008 | -3.1% | £376,618 |
| June 2007 | 0% | £388,762 |
Rental Market Trends
The current average rental value in the postcode is £1,835.
The LE2 2PE Rental Market has increased by 54.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £1,835pcm |
| June 2025 | 4.5% | £1,769pcm |
| June 2024 | 7.6% | £1,694pcm |
| June 2023 | 8.6% | £1,575pcm |
| June 2022 | 6.1% | £1,450pcm |
| June 2021 | 5.9% | £1,367pcm |
| June 2020 | 1.1% | £1,290pcm |
| June 2019 | 2.4% | £1,277pcm |
| June 2018 | 2.3% | £1,247pcm |
| June 2017 | 2.6% | £1,219pcm |
| June 2016 | 3.3% | £1,188pcm |
| June 2015 | 2.8% | £1,150pcm |
| June 2014 | 2.4% | £1,119pcm |
| June 2013 | 1.6% | £1,093pcm |
| June 2012 | -1.3% | £1,076pcm |
| June 2011 | 4.3% | £1,091pcm |
| June 2010 | 7.6% | £1,046pcm |
| June 2009 | -6.3% | £972pcm |
| June 2008 | 1.7% | £1,037pcm |
| June 2007 | 0% | £1,020pcm |
Sales History
The last sale was on 21st September 2023 for £705,000 and since then the market in the area has decreased by 0.1%. The postcode has had a total of 25 sales since 1995.
LE2 2PE has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Sep 2023£705,000 | 2 Bed FlatFlat 1, 2, Morland Avenue, Leicester, LE2 2PEFlat 1, 2, Morland Avenue, Leicester, LE2 2PE
- Sold Feb 2023£715,000 | 5 Bed House18A, Morland Avenue, Leicester, LE2 2PE18A, Morland Avenue, Leicester, LE2 2PE
- Sold Nov 2022£625,000 | 5 Bed House38, Morland Avenue, Leicester, LE2 2PE38, Morland Avenue, Leicester, LE2 2PE
- Sold Oct 2022£888,500 | 5 Bed House4, Morland Avenue, Leicester, LE2 2PE4, Morland Avenue, Leicester, LE2 2PE
- Sold Mar 2022£653,000 | 4 Bed House40, Morland Avenue, Leicester, LE2 2PE40, Morland Avenue, Leicester, LE2 2PE
Nearby Postcodes
LE2 2PE is the 1091st largest and the 1911th most expensive postcode out of the 1,980 postcodes in the LE2 area.
- LE2 2PF, Morland Avenue, Leicester, LE2LE2 2PF27 Addresses|45 m away
- LE2 2LF, Knighton Grange Road, Leicester, LE2LE2 2LF22 Addresses|136 m away
- LE2 2PY, London Road, Oadby, Leicester, LE2LE2 2PY60 Addresses|165 m away
- LE2 2PZ, London Road, Oadby, Leicester, LE2LE2 2PZ38 Addresses|165 m away
- LE2 2PP, London Road, Oadby, Leicester, LE2LE2 2PP43 Addresses|169 m away
Property Types
- 5 period houses built between 1800 and 1911
- 4 mid-century houses built between 1936 and 1979
- 17 other addresses of unknown type
- period house (5)
- mid-century house (4)
- Unknown (17)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 16 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (0)
- C (3)
- G (0)
- D (9)
- No EPC (10)
Top 3 Most Expensive Sales
- Sold Oct 2022£888,500 | 5 Bed House4, Morland Avenue, Leicester, LE2 2PE4, Morland Avenue, Leicester, LE2 2PE
- Sold Sep 2019£875,000 | 5 Bed House16, Morland Avenue, Leicester, LE2 2PE16, Morland Avenue, Leicester, LE2 2PE
- Sold Jul 2020£859,250 | 5 Bed House19, Morland Avenue, Leicester, LE2 2PF19, Morland Avenue, Leicester, LE2 2PF
Schools Nearby
- St Thomas More Catholic Voluntary Academy900 m away
- Overdale Junior School1.2 km away
- Overdale Infant School1.3 km away
- Sir Jonathan North Girls' College1.9 km away
- Lancaster Academy2.0 km away
- Madani Girls' School2.0 km away
More reading links
Public Transport Nearby
The closest station to LE2 2PE is Leicester station, which is 3.0 kilometres away.
- Leicester|3.0 km away
- South Wigston|4.0 km away
- Narborough|8.3 km away
- Syston|9.4 km away
