Telford Way - LE5 2LZ
Key Postcode Insights
LE5 2LZ is a residential postcode situated on Telford Way, Leicester, LE5 with 4 addresses.
It ranks as the 57th largest and 188th most expensive of the 1,375 postcodes in the LE5 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £176,667
- 10 Year change
- up 71.0%
- Ave. Rental Price
- £946pcm
- 10 Year change
- up 85.4%
- Ave. £ per ft²
- £241/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
LE5 2LZ is a residential postcode situated on Telford Way, Leicester, LE5 with 4 addresses.
It ranks as the 57th largest and 188th most expensive of the 1,375 postcodes in the LE5 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £176,667
- 10 Year change
- up 71.0%
- Ave. Rental Price
- £946pcm
- 10 Year change
- up 85.4%
- Ave. £ per ft²
- £241/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin LE5 2LZ
- 1 The Railway Cottages Telford Way
2 Bed Modern House
- 2 The Railway Cottages Telford Way
3 Bed Modern House
- 3 The Railway Cottages Telford Way
3 Bed Modern House
- 4 The Railway Cottages Telford Way
3 Bed Modern House
Sales Market Trends
The last sale in LE5 2LZ sold for £120,000 on 10th June 2022. Since then prices are up an average of 2.8%.
The current average value in the postcode is £176,667.
The LE5 2LZ Sales Market has increased by 71.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.5% | £176,667 |
| June 2025 | 3.3% | £175,754 |
| June 2024 | -3.3% | £170,184 |
| June 2023 | 2.4% | £175,982 |
| June 2022 | 13% | £171,838 |
| June 2021 | 9.9% | £152,094 |
| June 2020 | 4.2% | £138,393 |
| June 2019 | 5.5% | £132,840 |
| June 2018 | 10.7% | £125,895 |
| June 2017 | 10% | £113,687 |
| June 2016 | 6% | £103,344 |
| June 2015 | 7% | £97,512 |
| June 2014 | 6.1% | £91,097 |
| June 2013 | 0.1% | £85,843 |
| June 2012 | 0.1% | £85,777 |
| June 2011 | 0.7% | £85,668 |
| June 2010 | 5.1% | £85,075 |
| June 2009 | -12% | £80,917 |
| June 2008 | -3.4% | £91,935 |
| June 2007 | 0% | £95,179 |
Rental Market Trends
The current average rental value in the postcode is £946.
The LE5 2LZ Rental Market has increased by 85.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.7% | £946pcm |
| June 2025 | 5.6% | £904pcm |
| June 2024 | 7.3% | £856pcm |
| June 2023 | 8.8% | £798pcm |
| June 2022 | 14% | £733pcm |
| June 2021 | 5.2% | £643pcm |
| June 2020 | 5.1% | £611pcm |
| June 2019 | 2.6% | £582pcm |
| June 2018 | 5% | £567pcm |
| June 2017 | 5.7% | £540pcm |
| June 2016 | 4% | £511pcm |
| June 2015 | 4.3% | £491pcm |
| June 2014 | 1.5% | £471pcm |
| June 2013 | 3% | £464pcm |
| June 2012 | 0.6% | £450pcm |
| June 2011 | 3.2% | £447pcm |
| June 2010 | 1.7% | £434pcm |
| June 2009 | -6.8% | £427pcm |
| June 2008 | 1% | £458pcm |
| June 2007 | 0% | £453pcm |
Sales History
The last sale was on 10th June 2022 for £120,000 and since then the market in the area has increased by 2.8%. The postcode has had a total of 5 sales since 1995.
LE5 2LZ has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jun 2022£120,000 | 3 Bed House4 The Railway Cottages, Telford Way, Leicester, LE5 2LZ4 The Railway Cottages, Telford Way, Leicester, LE5 2LZ
- Sold Mar 2014£99,250 | 2 Bed House1 The Railway Cottages, Telford Way, Leicester, LE5 2LZ1 The Railway Cottages, Telford Way, Leicester, LE5 2LZ
- Sold Sep 2013£97,500 | 3 Bed House2 The Railway Cottages, Telford Way, Leicester, LE5 2LZ2 The Railway Cottages, Telford Way, Leicester, LE5 2LZ
- Sold Feb 2013£95,000 | 3 Bed House3 The Railway Cottages, Telford Way, Leicester, LE5 2LZ3 The Railway Cottages, Telford Way, Leicester, LE5 2LZ
- Sold Aug 2012£97,000 | 3 Bed House4 The Railway Cottages, Telford Way, Leicester, LE5 2LZ4 The Railway Cottages, Telford Way, Leicester, LE5 2LZ
Nearby Postcodes
LE5 2LZ is the 57th largest and the 188th most expensive postcode out of the 1,375 postcodes in the LE5 area.
- LE5 2LS, Kinross Avenue, Leicester, LE5LE5 2LS22 Addresses|126 m away
- LE5 2LR, Kinross Avenue, Leicester, LE5LE5 2LR12 Addresses|154 m away
- LE5 2LX, Telford Way, Leicester, LE5LE5 2LX79 Addresses|169 m away
- LE5 2LQ, Kinross Avenue, Leicester, LE5LE5 2LQ25 Addresses|229 m away
- LE5 2NA, Roborough Green, Leicester, LE5LE5 2NA8 Addresses|233 m away
Property Types
- 4 modern houses built after 1980
- modern house (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (3)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Sep 2018£350,000 | 2 Bed Flat7A, Telford Way, Leicester, LE5 2LX7A, Telford Way, Leicester, LE5 2LX
- Sold Jul 2024£225,000 | 3 Bed House12A, Telford Way, Leicester, LE5 2LX12A, Telford Way, Leicester, LE5 2LX
- Sold Dec 2021£220,000 | 4 Bed House76, Telford Way, Leicester, LE5 2LX76, Telford Way, Leicester, LE5 2LX
Schools Nearby
- Willowbrook Mead Primary Academy400 m away
- Fernvale Primary School500 m away
- Thurnby, St Luke's Church of England Primary School600 m away
- The City of Leicester College1.3 km away
- St Paul's Catholic School, a Voluntary Academy1.5 km away
- Judgemeadow Community College1.9 km away
More reading links
Public Transport Nearby
The closest station to LE5 2LZ is Leicester station, which is 5.3 kilometres away.
- Leicester|5.3 km away
- Syston|7.2 km away
- South Wigston|8.2 km away
- Sileby|11.6 km away
