Elizabeth Drive - LE2 4RE
Key Postcode Insights
LE2 4RE is a residential postcode situated on Elizabeth Drive, Oadby, Leicester, LE2 with 20 addresses.
It ranks as the 768th largest and 1203rd 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 20 properties: 19 houses and 1 other property.
- Ave. Sale Price
- £293,651
- 10 Year change
- up 45.1%
- Ave. Rental Price
- £1,159pcm
- 10 Year change
- up 63.6%
- Ave. £ per ft²
- £337/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Key Postcode Insights
LE2 4RE is a residential postcode situated on Elizabeth Drive, Oadby, Leicester, LE2 with 20 addresses.
It ranks as the 768th largest and 1203rd 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 20 properties: 19 houses and 1 other property.
- Ave. Sale Price
- £293,651
- 10 Year change
- up 45.1%
- Ave. Rental Price
- £1,159pcm
- 10 Year change
- up 63.6%
- Ave. £ per ft²
- £337/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Explore Properties in LE2 4RE
- 39 Elizabeth Drive
4 Bed Mid-century House
- 40 Elizabeth Drive
3 Bed Period House
- 41 Elizabeth Drive
4 Bed Early-century House
- 42 Elizabeth Drive
2 Bed House
- 43 Elizabeth Drive
2 Bed Mid-century House
Sales Market Trends
The last sale in LE2 4RE sold for £243,500 on 10th December 2025. Since then prices are up an average of 0.7%.
The current average value in the postcode is £293,651.
The LE2 4RE Sales Market has increased by 45.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.4% | £293,651 |
| June 2025 | 1.5% | £297,752 |
| June 2024 | 0.2% | £293,347 |
| June 2023 | 0.8% | £292,838 |
| June 2022 | 9.6% | £290,611 |
| June 2021 | 7.4% | £265,107 |
| June 2020 | 3.2% | £246,942 |
| June 2019 | 4.4% | £239,184 |
| June 2018 | 5.6% | £229,057 |
| June 2017 | 7.1% | £216,845 |
| June 2016 | 6.5% | £202,439 |
| June 2015 | 5.9% | £190,059 |
| June 2014 | 7.5% | £179,540 |
| June 2013 | 1% | £166,946 |
| June 2012 | -0.2% | £165,288 |
| June 2011 | -0.7% | £165,540 |
| June 2010 | 10.1% | £166,661 |
| June 2009 | -10.1% | £151,429 |
| June 2008 | -4.6% | £168,507 |
| June 2007 | 0% | £176,562 |
Rental Market Trends
The current average rental value in the postcode is £1,159.
The LE2 4RE Rental Market has increased by 63.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £1,159pcm |
| June 2025 | 5.2% | £1,118pcm |
| June 2024 | 7.2% | £1,063pcm |
| June 2023 | 9.2% | £991pcm |
| June 2022 | 7.6% | £908pcm |
| June 2021 | 6.7% | £844pcm |
| June 2020 | 1.7% | £791pcm |
| June 2019 | 2.6% | £778pcm |
| June 2018 | 3.5% | £759pcm |
| June 2017 | 3.5% | £733pcm |
| June 2016 | 4.2% | £708pcm |
| June 2015 | 3.1% | £680pcm |
| June 2014 | 2.3% | £659pcm |
| June 2013 | 2% | £645pcm |
| June 2012 | -0.6% | £632pcm |
| June 2011 | 4.6% | £636pcm |
| June 2010 | 8.1% | £608pcm |
| June 2009 | -5.4% | £562pcm |
| June 2008 | 1.5% | £594pcm |
| June 2007 | 0% | £585pcm |
Sales History
The last recorded sale was on 10th December 2025 for £243,500 and since then the market in the area has increased by 0.7%.
LE2 4RE has had 3 sales since 1995, with 3 in the last three years and 2 in the last twelve months.
- Sold Dec 2025£243,500 | 3 Bed House48, Elizabeth Drive, Leicester, LE2 4RE48, Elizabeth Drive, Leicester, LE2 4RE
- Sold Nov 2025£340,000 | 3 Bed House52, Elizabeth Drive, Leicester, LE2 4RE52, Elizabeth Drive, Leicester, LE2 4RE
- Sold Mar 2025£355,000 | 3 Bed House40, Elizabeth Drive, Leicester, LE2 4RE40, Elizabeth Drive, Leicester, LE2 4RE
Nearby Postcodes
LE2 4RE is the 768th largest and the 1203rd most expensive postcode out of the 1,980 postcodes in the LE2 area.
- LE2 4RD, Elizabeth Drive, Oadby, Leicester, LE2LE2 4RD37 Addresses|6 m away
- LE2 4SD, Princess Avenue, Oadby, Leicester, LE2LE2 4SD9 Addresses|119 m away
- LE2 4SG, Belvoir Close, Oadby, Leicester, LE2LE2 4SG18 Addresses|123 m away
- LE2 4SU, Ludlow Close, Oadby, Leicester, LE2LE2 4SU25 Addresses|128 m away
- LE2 4SW, Meynell Close, Oadby, Leicester, LE2LE2 4SW10 Addresses|136 m away
Property Types
- 1 period house built between 1800 and 1911
- 12 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 5 early-century houses built between 1912 and 1935
- 1 other address of unknown type
- period house (1)
- mid-century house (12)
- house (1)
- early-century house (5)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 18 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (0)
- F (0)
- C (6)
- G (0)
- D (7)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Mar 2025£355,000 | 3 Bed House40, Elizabeth Drive, Leicester, LE2 4RE40, Elizabeth Drive, Leicester, LE2 4RE
- Sold Nov 2025£340,000 | 3 Bed House52, Elizabeth Drive, Leicester, LE2 4RE52, Elizabeth Drive, Leicester, LE2 4RE
- Sold Feb 2024£340,000 | 4 Bed House29, Elizabeth Drive, Leicester, LE2 4RD29, Elizabeth Drive, Leicester, LE2 4RD
Schools Nearby
- Woodland Grange Primary School600 m away
- Brocks Hill Primary School900 m away
- Launde Primary School1.0 km away
- Beauchamp College700 m away
- Gartree High School700 m away
- Manor High School1.2 km away
More reading links
Public Transport Nearby
The closest station to LE2 4RE is South Wigston station, which is 4.7 kilometres away.
- South Wigston|4.7 km away
- Leicester|5.8 km away
- Narborough|9.6 km away
- Syston|11.3 km away
