Spencefield Lane - LE5 6GG
Key Postcode Insights
LE5 6GG is a residential postcode situated on Spencefield Lane, Leicester, LE5 with 25 addresses.
It ranks as the 831st largest of the 1,375 postcodes in the LE5 area.
The postcode contains a total of 25 properties: 13 houses and 12 other properties.
- Ave. Sale Price
- £570,092
- 10 Year change
- up 54.4%
- Ave. Rental Price
- £2,002pcm
- 10 Year change
- up 68.3%
- Ave. £ per ft²
- £351/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Key Postcode Insights
LE5 6GG is a residential postcode situated on Spencefield Lane, Leicester, LE5 with 25 addresses.
It ranks as the 831st largest of the 1,375 postcodes in the LE5 area.
The postcode contains a total of 25 properties: 13 houses and 12 other properties.
- Ave. Sale Price
- £570,092
- 10 Year change
- up 54.4%
- Ave. Rental Price
- £2,002pcm
- 10 Year change
- up 68.3%
- Ave. £ per ft²
- £351/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Explore Properties in LE5 6GG
- 121 Spencefield Lane
5 Bed Mid-century House
- 125 Spencefield Lane
House
- 127 Spencefield Lane
House
- 129 Spencefield Lane
House
- 131 Spencefield Lane
5 Bed Early-century House
Sales Market Trends
The last sale in LE5 6GG sold for £495,000 on 27th March 2025. Since then prices are up an average of 0.7%.
The current average value in the postcode is £570,092.
The LE5 6GG Sales Market has increased by 54.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.2% | £570,092 |
| June 2025 | 2.6% | £571,425 |
| June 2024 | -1.4% | £557,124 |
| June 2023 | 1.9% | £564,944 |
| June 2022 | 9.3% | £554,263 |
| June 2021 | 8.7% | £507,330 |
| June 2020 | 3% | £466,838 |
| June 2019 | 4.9% | £453,140 |
| June 2018 | 8.1% | £431,922 |
| June 2017 | 8.2% | £399,393 |
| June 2016 | 6.3% | £369,205 |
| June 2015 | 5.1% | £347,192 |
| June 2014 | 6.1% | £330,365 |
| June 2013 | -0.3% | £311,395 |
| June 2012 | -0.2% | £312,197 |
| June 2011 | 1.1% | £312,933 |
| June 2010 | 9.8% | £309,583 |
| June 2009 | -8.7% | £282,003 |
| June 2008 | -4.3% | £308,798 |
| June 2007 | 0% | £322,593 |
Rental Market Trends
The current average rental value in the postcode is £2,002.
The LE5 6GG Rental Market has increased by 68.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.1% | £2,002pcm |
| June 2025 | 5.1% | £1,924pcm |
| June 2024 | 8.5% | £1,830pcm |
| June 2023 | 8.6% | £1,687pcm |
| June 2022 | 9.7% | £1,553pcm |
| June 2021 | 4.8% | £1,415pcm |
| June 2020 | 3.2% | £1,351pcm |
| June 2019 | 2.3% | £1,309pcm |
| June 2018 | 3.2% | £1,279pcm |
| June 2017 | 4.2% | £1,239pcm |
| June 2016 | 4.1% | £1,190pcm |
| June 2015 | 2.7% | £1,143pcm |
| June 2014 | 1.4% | £1,113pcm |
| June 2013 | 2.2% | £1,098pcm |
| June 2012 | 0% | £1,074pcm |
| June 2011 | 4.2% | £1,074pcm |
| June 2010 | 6.4% | £1,030pcm |
| June 2009 | -3.4% | £968pcm |
| June 2008 | 0.4% | £1,002pcm |
| June 2007 | 0% | £998pcm |
Sales History
The last recorded sale was on 27th March 2025 for £495,000 and since then the market in the area has increased by 0.7%.
LE5 6GG has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Mar 2025£495,000 | 4 Bed House155, Spencefield Lane, Leicester, LE5 6GG155, Spencefield Lane, Leicester, LE5 6GG
- Sold Apr 2023£537,000 | 5 Bed House157, Spencefield Lane, Leicester, LE5 6GG157, Spencefield Lane, Leicester, LE5 6GG
- Sold Oct 2022£430,000 | 4 Bed House145, Spencefield Lane, Leicester, LE5 6GG145, Spencefield Lane, Leicester, LE5 6GG
Nearby Postcodes
LE5 6GG is the 831st largest and the 1363rd most expensive postcode out of the 1,375 postcodes in the LE5 area.
- LE5 6HG, Spencefield Lane, Leicester, LE5LE5 6HG39 Addresses|56 m away
- LE5 6FB, Ensbury Gardens, Leicester, LE5LE5 6FB12 Addresses|81 m away
- LE5 6HJ, Thurnview Road, Leicester, LE5LE5 6HJ34 Addresses|102 m away
- LE5 6FE, Spencefield Drive, Leicester, LE5LE5 6FE25 Addresses|133 m away
- LE5 6HL, Thurnview Road, Leicester, LE5LE5 6HL30 Addresses|142 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 12 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (2)
- G (0)
- D (7)
- No EPC (13)
Top 3 Most Expensive Sales
- Sold Jul 2023£1,075,000 | 5 Bed House99, Spencefield Lane, Leicester, LE5 6HH99, Spencefield Lane, Leicester, LE5 6HH
- Sold Jun 2025£955,000 | 5 Bed House95, Spencefield Lane, Leicester, LE5 6HH95, Spencefield Lane, Leicester, LE5 6HH
- Sold Aug 2023£930,000 | 5 Bed House70, Spencefield Lane, Leicester, LE5 6HF70, Spencefield Lane, Leicester, LE5 6HF
Schools Nearby
- Whitehall Primary School400 m away
- Krishna Avanti Primary School400 m away
- Linden Primary School900 m away
- Judgemeadow Community College300 m away
- St Paul's Catholic School, a Voluntary Academy500 m away
- The City of Leicester College600 m away
More reading links
Public Transport Nearby
The closest station to LE5 6GG is Leicester station, which is 3.8 kilometres away.
- Leicester|3.8 km away
- South Wigston|6.4 km away
- Syston|7.9 km away
- Narborough|10.7 km away
