LE3 1QX is a residential postcode situated on Morcote Road, Leicester, LE3 with 62 addresses.
It ranks as the 2151st largest and 877th most expensive of the 2,267 postcodes in the LE3 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 62 properties: 62 houses.
LE3 1QX is a residential postcode situated on Morcote Road, Leicester, LE3 with 62 addresses.
It ranks as the 2151st largest and 877th most expensive of the 2,267 postcodes in the LE3 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 62 properties: 62 houses.
Sale prices range from £127,165 for 2 bedroom freehold houses with a garden (376 ft2) to £246,783 for 4 bedroom freehold houses with a garden (1,410 ft2) .
Monthly rental prices range from £676 pcm for 2 bed houses to £1,105 pcm for 4 bed houses.
The gross rental yield is between 5.4% and 6.5%.
The average value per square foot is £242.
The last sale in LE3 1QX sold for £160,000 on 29th November 2023. Since then prices are up an average of 1.2%.
The current average value in the postcode is £180,698.
The LE3 1QX Sales Market has increased by 55.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.1% | £180,698 |
| May 2025 | 0.2% | £180,837 |
| May 2024 | -0.7% | £180,549 |
| May 2023 | 2.9% | £181,866 |
| May 2022 | 11% | £176,795 |
| May 2021 | 9.7% | £159,269 |
| May 2020 | 2.7% | £145,189 |
| May 2019 | 6.7% | £141,440 |
| May 2018 | 8.1% | £132,525 |
| May 2017 | 5.7% | £122,585 |
| May 2016 | 7.4% | £115,952 |
| May 2015 | 3.6% | £107,992 |
| May 2014 | 6.2% | £104,222 |
| May 2013 | 2.8% | £98,172 |
| May 2012 | -0.4% | £95,494 |
| May 2011 | -1.4% | £95,833 |
| May 2010 | 5.8% | £97,168 |
| May 2009 | -14.4% | £91,865 |
| May 2008 | -3.3% | £107,377 |
| May 2007 | 0% | £111,085 |
The current average rental value in the postcode is £953.
The LE3 1QX Rental Market has increased by 68.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.2% | £953pcm |
| May 2025 | 4.2% | £923pcm |
| May 2024 | 7.1% | £886pcm |
| May 2023 | 9.3% | £828pcm |
| May 2022 | 12.5% | £757pcm |
| May 2021 | 2.8% | £673pcm |
| May 2020 | 2.9% | £654pcm |
| May 2019 | 4.4% | £636pcm |
| May 2018 | 4.8% | £609pcm |
| May 2017 | 2.7% | £581pcm |
| May 2016 | 3% | £565pcm |
| May 2015 | 2.7% | £549pcm |
| May 2014 | 2.6% | £534pcm |
| May 2013 | 2% | £521pcm |
| May 2012 | -0.2% | £510pcm |
| May 2011 | 3.7% | £512pcm |
| May 2010 | 2.3% | £494pcm |
| May 2009 | -7.8% | £482pcm |
| May 2008 | 2.6% | £523pcm |
| May 2007 | 0% | £510pcm |
The last sale was on 29th November 2023 for £160,000 and since then the market in the area has increased by 1.2%. The postcode has had a total of 14 sales since 1995.
LE3 1QX has seen 3 sales in the last three years and no sales in the last twelve months.
LE3 1QX is the 2151st largest and the 877th most expensive postcode out of the 2,267 postcodes in the LE3 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around LE3 1QX, 69.5% of property is socially rented and 13.7% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around LE3 1QX, 37.1% of residents are recorded as possessing school level qualifications and 22.3% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around LE3 1QX, the average age was 33.5 and the most common age was 12.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around LE3 1QX, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around LE3 1QX, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.