Mortimer Way - LE3 1GR
Key Postcode Insights
LE3 1GR is a residential postcode situated on Mortimer Way, Leicester, LE3 with 31 addresses.
It ranks as the 1503rd largest and 1108th most expensive of the 2,269 postcodes in the LE3 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 31 properties: 31 houses.
- Ave. Sale Price
- £202,601
- 10 Year change
- up 53.1%
- Ave. Rental Price
- £1,023pcm
- 10 Year change
- up 67.4%
- Ave. £ per ft²
- £217/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
LE3 1GR is a residential postcode situated on Mortimer Way, Leicester, LE3 with 31 addresses.
It ranks as the 1503rd largest and 1108th most expensive of the 2,269 postcodes in the LE3 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 31 properties: 31 houses.
- Ave. Sale Price
- £202,601
- 10 Year change
- up 53.1%
- Ave. Rental Price
- £1,023pcm
- 10 Year change
- up 67.4%
- Ave. £ per ft²
- £217/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertiesin LE3 1GR
- 9 Mortimer Way
Unknown
- 11 Mortimer Way
Unknown
- 13 Mortimer Way
Unknown
- 15 Mortimer Way
3 Bed Early-century House
- 17 Mortimer Way
Unknown
Sales Market Trends
The last sale in LE3 1GR sold for £205,000 on 12th August 2025. Since then prices have on average remained the same.
The current average value in the postcode is £202,601.
The LE3 1GR Sales Market has increased by 53.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.9% | £202,601 |
| June 2025 | 0.5% | £204,384 |
| June 2024 | -0.3% | £203,346 |
| June 2023 | 1.9% | £203,941 |
| June 2022 | 10.8% | £200,156 |
| June 2021 | 9.8% | £180,692 |
| June 2020 | 3.2% | £164,581 |
| June 2019 | 6.1% | £159,406 |
| June 2018 | 7.4% | £150,244 |
| June 2017 | 5.7% | £139,852 |
| June 2016 | 7.5% | £132,361 |
| June 2015 | 3.9% | £123,123 |
| June 2014 | 6.1% | £118,551 |
| June 2013 | 2.8% | £111,725 |
| June 2012 | 0.1% | £108,710 |
| June 2011 | -1.4% | £108,602 |
| June 2010 | 6.4% | £110,176 |
| June 2009 | -12.7% | £103,548 |
| June 2008 | -4.9% | £118,606 |
| June 2007 | 0% | £124,684 |
Rental Market Trends
The current average rental value in the postcode is £1,023.
The LE3 1GR Rental Market has increased by 67.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £1,023pcm |
| June 2025 | 3.8% | £988pcm |
| June 2024 | 6.8% | £952pcm |
| June 2023 | 9.6% | £891pcm |
| June 2022 | 11.6% | £813pcm |
| June 2021 | 3.8% | £728pcm |
| June 2020 | 2.7% | £701pcm |
| June 2019 | 3.5% | £683pcm |
| June 2018 | 5.4% | £660pcm |
| June 2017 | 2.5% | £626pcm |
| June 2016 | 3% | £611pcm |
| June 2015 | 3% | £593pcm |
| June 2014 | 2.4% | £576pcm |
| June 2013 | 1.7% | £562pcm |
| June 2012 | 0.1% | £553pcm |
| June 2011 | 3.8% | £552pcm |
| June 2010 | 3.9% | £532pcm |
| June 2009 | -7.9% | £512pcm |
| June 2008 | 1.9% | £556pcm |
| June 2007 | 0% | £545pcm |
Sales History
The last sale was on 12th August 2025 for £205,000 and since then the market in the area has remained stable. The postcode has had a total of 21 sales since 1995.
LE3 1GR has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£205,000 | 3 Bed House19, Mortimer Way, Leicester, LE3 1GR19, Mortimer Way, Leicester, LE3 1GR
- Sold Apr 2024£208,000 | 3 Bed House27, Mortimer Way, Leicester, LE3 1GR27, Mortimer Way, Leicester, LE3 1GR
- Sold Feb 2024£192,000 | 3 Bed House59, Mortimer Way, Leicester, LE3 1GR59, Mortimer Way, Leicester, LE3 1GR
- Sold Oct 2021£220,000 | 3 Bed House21, Mortimer Way, Leicester, LE3 1GR21, Mortimer Way, Leicester, LE3 1GR
- Sold Jul 2021£150,000 | 3 Bed House29, Mortimer Way, Leicester, LE3 1GR29, Mortimer Way, Leicester, LE3 1GR
Nearby Postcodes
LE3 1GR is the 1503rd largest and the 1108th most expensive postcode out of the 2,269 postcodes in the LE3 area.
- LE3 1GQ, Mortimer Way, Leicester, LE3LE3 1GQ29 Addresses|45 m away
- LE3 1GA, Audley End, Leicester, LE3LE3 1GA23 Addresses|105 m away
- LE3 2RR, Braunstone Lane, Leicester, LE3LE3 2RR12 Addresses|106 m away
- LE3 1GF, Beaufort Road, Leicester, LE3LE3 1GF50 Addresses|115 m away
- LE3 1GP, Mortimer Place, Leicester, LE3LE3 1GP24 Addresses|116 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- 19 early-century houses built between 1912 and 1935
- 11 other addresses of unknown type
- mid-century house (1)
- early-century house (19)
- Unknown (11)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 20 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (2)
- F (0)
- C (5)
- G (0)
- D (11)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold Oct 2021£220,000 | 3 Bed House21, Mortimer Way, Leicester, LE3 1GR21, Mortimer Way, Leicester, LE3 1GR
- Sold Apr 2024£208,000 | 3 Bed House27, Mortimer Way, Leicester, LE3 1GR27, Mortimer Way, Leicester, LE3 1GR
- Sold Aug 2025£205,000 | 3 Bed House19, Mortimer Way, Leicester, LE3 1GR19, Mortimer Way, Leicester, LE3 1GR
Schools Nearby
- Caldecote Community Primary School400 m away
- Folville Junior School600 m away
- Ravenhurst Primary School800 m away
- Fullhurst Community College1.0 km away
- The Winstanley School1.3 km away
- Castle Mead Academy2.8 km away
More reading links
Public Transport Nearby
The closest station to LE3 1GR is Leicester station, which is 3.3 kilometres away.
- Leicester|3.3 km away
- South Wigston|4.3 km away
- Narborough|5.5 km away
- Syston|10.5 km away
