Southernhay Road - LE2 3TL
Key Postcode Insights
LE2 3TL is a residential postcode situated on Southernhay Road, Leicester, LE2 with 7 addresses.
It ranks as the 198th largest and 1834th most expensive of the 1,980 postcodes in the LE2 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 7 properties: 7 houses.
- Ave. Sale Price
- £559,000
- 10 Year change
- up 41.5%
- Ave. Rental Price
- £1,671pcm
- 10 Year change
- up 59.9%
- Ave. £ per ft²
- £358/ft²
- Ave. Gross Yield
- 3.6%/year/yr
Key Postcode Insights
LE2 3TL is a residential postcode situated on Southernhay Road, Leicester, LE2 with 7 addresses.
It ranks as the 198th largest and 1834th most expensive of the 1,980 postcodes in the LE2 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 7 properties: 7 houses.
- Ave. Sale Price
- £559,000
- 10 Year change
- up 41.5%
- Ave. Rental Price
- £1,671pcm
- 10 Year change
- up 59.9%
- Ave. £ per ft²
- £358/ft²
- Ave. Gross Yield
- 3.6%/year/yr
Explore Propertiesin LE2 3TL
- 52 Southernhay Road
5 Bed Mid-century House
- 54 Southernhay Road
Unknown
- 56 Southernhay Road
4 Bed Early-century House
- 58 Southernhay Road
Unknown
- 60 Southernhay Road
4 Bed Mid-century House
Sales Market Trends
The last sale in LE2 3TL sold for £800,000 on 28th March 2025. Since then prices are down an average of 0.6%.
The current average value in the postcode is £559,000.
The LE2 3TL Sales Market has increased by 41.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.4% | £559,000 |
| June 2025 | 1.9% | £567,014 |
| June 2024 | 0.8% | £556,305 |
| June 2023 | 1.5% | £551,938 |
| June 2022 | 7% | £543,927 |
| June 2021 | 6.9% | £508,210 |
| June 2020 | 4.5% | £475,573 |
| June 2019 | 2.7% | £455,274 |
| June 2018 | 6% | £443,275 |
| June 2017 | 5.9% | £418,042 |
| June 2016 | 6.7% | £394,920 |
| June 2015 | 4.1% | £369,952 |
| June 2014 | 7.3% | £355,489 |
| June 2013 | 0.2% | £331,323 |
| June 2012 | 0.4% | £330,670 |
| June 2011 | -0.4% | £329,423 |
| June 2010 | 11.4% | £330,772 |
| June 2009 | -9% | £296,931 |
| June 2008 | -3.1% | £326,219 |
| June 2007 | 0% | £336,541 |
Rental Market Trends
The current average rental value in the postcode is £1,671.
The LE2 3TL Rental Market has increased by 59.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £1,671pcm |
| June 2025 | 5% | £1,610pcm |
| June 2024 | 7.3% | £1,533pcm |
| June 2023 | 9.1% | £1,428pcm |
| June 2022 | 6.6% | £1,310pcm |
| June 2021 | 6.7% | £1,228pcm |
| June 2020 | 1.1% | £1,151pcm |
| June 2019 | 2.5% | £1,139pcm |
| June 2018 | 3.1% | £1,111pcm |
| June 2017 | 3.1% | £1,078pcm |
| June 2016 | 4.1% | £1,045pcm |
| June 2015 | 2.8% | £1,004pcm |
| June 2014 | 2.4% | £977pcm |
| June 2013 | 1.9% | £955pcm |
| June 2012 | -0.8% | £937pcm |
| June 2011 | 4.9% | £945pcm |
| June 2010 | 9.3% | £900pcm |
| June 2009 | -4.7% | £824pcm |
| June 2008 | 1.5% | £865pcm |
| June 2007 | 0% | £852pcm |
Sales History
The last sale was on 28th March 2025 for £800,000 and since then the market in the area has decreased by 0.6%. The postcode has had a total of 10 sales since 1995.
LE2 3TL has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2025£800,000 | 5 Bed House52, Southernhay Road, Leicester, LE2 3TL52, Southernhay Road, Leicester, LE2 3TL
- Sold Jul 2024£495,000 | 4 Bed House60, Southernhay Road, Leicester, LE2 3TL60, Southernhay Road, Leicester, LE2 3TL
- Sold Oct 2020£530,000 | 4 Bed House56, Southernhay Road, Leicester, LE2 3TL56, Southernhay Road, Leicester, LE2 3TL
- Sold Mar 2018£462,928 | 5 Bed House52, Southernhay Road, Leicester, LE2 3TL52, Southernhay Road, Leicester, LE2 3TL
- Sold Sep 2011£305,000 | 4 Bed House62, Southernhay Road, Leicester, LE2 3TL62, Southernhay Road, Leicester, LE2 3TL
Nearby Postcodes
LE2 3TL is the 198th largest and the 1834th most expensive postcode out of the 1,980 postcodes in the LE2 area.
- LE2 3TP, Southernhay Road, Leicester, LE2LE2 3TP13 Addresses|46 m away
- LE2 3HF, Westernhay Road, Leicester, LE2LE2 3HF7 Addresses|64 m away
- LE2 3HN, Knighton Road, Leicester, LE2LE2 3HN6 Addresses|78 m away
- LE2 3UD, Cara Close, Leicester, LE2LE2 3UD11 Addresses|116 m away
- LE2 3TU, Southernhay Avenue, Leicester, LE2LE2 3TU23 Addresses|120 m away
Property Types
- 3 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 1 early-century house built between 1912 and 1935
- 2 other addresses of unknown type
- mid-century house (3)
- house (1)
- early-century house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (3)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Dec 2023£975,000 | 5 Bed House2A, Southernhay Road, Leicester, LE2 3TJ2A, Southernhay Road, Leicester, LE2 3TJ
- Sold May 2024£974,000 | 5 Bed House20, Southernhay Road, Leicester, LE2 3TJ20, Southernhay Road, Leicester, LE2 3TJ
- Sold Oct 2024£925,000 | 5 Bed House17, Southernhay Road, Leicester, LE2 3TN17, Southernhay Road, Leicester, LE2 3TN
Schools Nearby
- St Thomas More Catholic Voluntary Academy100 m away
- Avenue Primary School500 m away
- St John the Baptist CofE Primary School700 m away
- Sir Jonathan North Girls' College1.0 km away
- Lancaster Academy1.2 km away
- Madani Girls' School1.9 km away
More reading links
Public Transport Nearby
The closest station to LE2 3TL is Leicester station, which is 2.3 kilometres away.
- Leicester|2.3 km away
- South Wigston|3.7 km away
- Narborough|7.7 km away
- Syston|9.4 km away
