Ocean Road - LE5 2ER
Key Postcode Insights
LE5 2ER is a residential postcode situated on Ocean Road, Leicester, LE5 with 37 addresses.
It ranks as the 1147th largest and 184th most expensive of the 1,375 postcodes in the LE5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 37 properties: 35 houses and 2 flats.
- Ave. Sale Price
- £209,111
- 10 Year change
- up 60.4%
- Ave. Rental Price
- £1,063pcm
- 10 Year change
- up 73.7%
- Ave. £ per ft²
- £415/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
LE5 2ER is a residential postcode situated on Ocean Road, Leicester, LE5 with 37 addresses.
It ranks as the 1147th largest and 184th most expensive of the 1,375 postcodes in the LE5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 37 properties: 35 houses and 2 flats.
- Ave. Sale Price
- £209,111
- 10 Year change
- up 60.4%
- Ave. Rental Price
- £1,063pcm
- 10 Year change
- up 73.7%
- Ave. £ per ft²
- £415/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertiesin LE5 2ER
- 1A Ocean Road
Unknown
- 1B Ocean Road
2 Bed Mid-century House
- 1 Ocean Road
Unknown
- 3 Ocean Road
Unknown
- 5 Ocean Road
Unknown
Sales Market Trends
The last sale in LE5 2ER sold for £125,000 on 5th September 2025. Since then prices are up an average of 1.3%.
The current average value in the postcode is £209,111.
The LE5 2ER Sales Market has increased by 60.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.2% | £209,111 |
| June 2025 | 2.9% | £208,781 |
| June 2024 | -2.5% | £202,836 |
| June 2023 | 2.1% | £208,012 |
| June 2022 | 10.5% | £203,713 |
| June 2021 | 9% | £184,431 |
| June 2020 | 3.3% | £169,156 |
| June 2019 | 5.3% | £163,744 |
| June 2018 | 9.4% | £155,511 |
| June 2017 | 9.1% | £142,194 |
| June 2016 | 5.7% | £130,367 |
| June 2015 | 6.1% | £123,370 |
| June 2014 | 5.8% | £116,249 |
| June 2013 | -0.8% | £109,864 |
| June 2012 | -0.4% | £110,730 |
| June 2011 | 1% | £111,131 |
| June 2010 | 7.1% | £109,981 |
| June 2009 | -10.5% | £102,660 |
| June 2008 | -3.9% | £114,667 |
| June 2007 | 0% | £119,380 |
Rental Market Trends
The current average rental value in the postcode is £1,063.
The LE5 2ER Rental Market has increased by 73.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.3% | £1,063pcm |
| June 2025 | 5.1% | £1,019pcm |
| June 2024 | 8.5% | £969pcm |
| June 2023 | 8.5% | £893pcm |
| June 2022 | 11.5% | £823pcm |
| June 2021 | 4.2% | £738pcm |
| June 2020 | 4.4% | £708pcm |
| June 2019 | 2.3% | £678pcm |
| June 2018 | 3.4% | £663pcm |
| June 2017 | 4.7% | £641pcm |
| June 2016 | 3.8% | £612pcm |
| June 2015 | 3.3% | £589pcm |
| June 2014 | 1.1% | £570pcm |
| June 2013 | 2.4% | £564pcm |
| June 2012 | 0.2% | £551pcm |
| June 2011 | 3.4% | £550pcm |
| June 2010 | 3.6% | £532pcm |
| June 2009 | -5.2% | £514pcm |
| June 2008 | 0.4% | £542pcm |
| June 2007 | 0% | £539pcm |
Sales History
The last sale was on 5th September 2025 for £125,000 and since then the market in the area has increased by 1.3%. The postcode has had a total of 10 sales since 1995.
LE5 2ER has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£125,000 | 3 Bed House71, Ocean Road, Leicester, LE5 2ER71, Ocean Road, Leicester, LE5 2ER
- Sold Aug 2022£300,000 | 3 Bed House63, Ocean Road, Leicester, LE5 2ER63, Ocean Road, Leicester, LE5 2ER
- Sold Jun 2022£125,000 | 3 Bed House71, Ocean Road, Leicester, LE5 2ER71, Ocean Road, Leicester, LE5 2ER
- Sold Mar 2021£200,000 | 3 Bed House73, Ocean Road, Leicester, LE5 2ER73, Ocean Road, Leicester, LE5 2ER
- Sold May 2019£192,000 | 3 Bed House59A, Ocean Road, Leicester, LE5 2ER59A, Ocean Road, Leicester, LE5 2ER
Nearby Postcodes
LE5 2ER is the 1147th largest and the 184th most expensive postcode out of the 1,375 postcodes in the LE5 area.
- LE5 2EQ, Ocean Road, Leicester, LE5LE5 2EQ10 Addresses|97 m away
- LE5 2DE, Averil Road, Leicester, LE5LE5 2DE38 Addresses|106 m away
- LE5 2DB, Averil Road, Leicester, LE5LE5 2DB29 Addresses|132 m away
- LE5 2DL, Elmcroft Avenue, Leicester, LE5LE5 2DL23 Addresses|139 m away
- LE5 2DJ, Colchester Road, Leicester, LE5LE5 2DJ33 Addresses|171 m away
Property Types
- 21 mid-century houses built between 1936 and 1979
- 2 mid-century flats built between 1936 and 1979
- 2 early-century houses built between 1912 and 1935
- 12 other addresses of unknown type
- mid-century house (21)
- mid-century flat (2)
- early-century house (2)
- Unknown (12)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 23 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (5)
- G (0)
- D (17)
- No EPC (14)
Top 3 Most Expensive Sales
- Sold Apr 2026£590,000 | 5 Bed House82, Ocean Road, Leicester, LE5 2ES82, Ocean Road, Leicester, LE5 2ES
- Sold Dec 2025£442,650 | 5 Bed House80, Ocean Road, Leicester, LE5 2ES80, Ocean Road, Leicester, LE5 2ES
- Sold Aug 2022£375,000 | 4 Bed House2, Ocean Road, Leicester, LE5 2EQ2, Ocean Road, Leicester, LE5 2EQ
Schools Nearby
- St Josephs Catholic Academy700 m away
- Humberstone Junior School700 m away
- Humberstone Infant Academy700 m away
- St Paul's Catholic School, a Voluntary Academy1.4 km away
- Orchard Mead Academy1.6 km away
- The City of Leicester College1.9 km away
More reading links
Public Transport Nearby
The closest station to LE5 2ER is Leicester station, which is 4.0 kilometres away.
- Leicester|4.0 km away
- Syston|5.9 km away
- South Wigston|8.0 km away
- Sileby|10.3 km away
