Spencefield Lane - LE5 6GL
Key Postcode Insights
LE5 6GL is a residential postcode situated on Spencefield Lane, Leicester, LE5 with 1 addresses.
It ranks as the 19th largest and 1293rd 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 1 properties: 1 house.
- Ave. Sale Price
- £423,333
- 10 Year change
- up 54.5%
- Ave. Rental Price
- £1,913pcm
- 10 Year change
- up 68.4%
- Ave. £ per ft²
- £220/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
LE5 6GL is a residential postcode situated on Spencefield Lane, Leicester, LE5 with 1 addresses.
It ranks as the 19th largest and 1293rd 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 1 properties: 1 house.
- Ave. Sale Price
- £423,333
- 10 Year change
- up 54.5%
- Ave. Rental Price
- £1,913pcm
- 10 Year change
- up 68.4%
- Ave. £ per ft²
- £220/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Sales Market Trends
The last sale in LE5 6GL sold for £270,000 on 8th April 2016. Since then prices are up an average of 56.2%.
The current average value in the postcode is £423,333.
The LE5 6GL Sales Market has increased by 54.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.1% | £423,333 |
| June 2025 | 2.5% | £423,772 |
| June 2024 | -1.5% | £413,289 |
| June 2023 | 1.8% | £419,396 |
| June 2022 | 9.4% | £411,816 |
| June 2021 | 8.7% | £376,509 |
| June 2020 | 3% | £346,344 |
| June 2019 | 4.9% | £336,374 |
| June 2018 | 8.2% | £320,719 |
| June 2017 | 8.2% | £296,461 |
| June 2016 | 6.3% | £274,029 |
| June 2015 | 5.1% | £257,886 |
| June 2014 | 6.2% | £245,404 |
| June 2013 | -0.2% | £231,122 |
| June 2012 | -0.3% | £231,614 |
| June 2011 | 1.1% | £232,367 |
| June 2010 | 9.7% | £229,733 |
| June 2009 | -8.7% | £209,334 |
| June 2008 | -4.3% | £229,268 |
| June 2007 | 0% | £239,503 |
Rental Market Trends
The current average rental value in the postcode is £1,913.
The LE5 6GL Rental Market has increased by 68.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.2% | £1,913pcm |
| June 2025 | 5.1% | £1,836pcm |
| June 2024 | 8.4% | £1,747pcm |
| June 2023 | 8.5% | £1,612pcm |
| June 2022 | 9.8% | £1,485pcm |
| June 2021 | 4.8% | £1,352pcm |
| June 2020 | 3.2% | £1,290pcm |
| June 2019 | 2.3% | £1,250pcm |
| June 2018 | 3.2% | £1,222pcm |
| June 2017 | 4.2% | £1,184pcm |
| June 2016 | 4% | £1,136pcm |
| June 2015 | 2.7% | £1,093pcm |
| June 2014 | 1.5% | £1,064pcm |
| June 2013 | 2.3% | £1,048pcm |
| June 2012 | -0.1% | £1,025pcm |
| June 2011 | 4.3% | £1,026pcm |
| June 2010 | 6.4% | £984pcm |
| June 2009 | -3.4% | £925pcm |
| June 2008 | 0.4% | £958pcm |
| June 2007 | 0% | £953pcm |
Sales History
The last recorded sale was on 8th April 2016 for £270,000 and since then the market in the area has increased by 56.2%.
LE5 6GL has had 3 sales since 1995, none of them in the last three years.
- Sold Apr 2016£270,000 | 5 Bed House223, Spencefield Lane, Leicester, LE5 6GL223, Spencefield Lane, Leicester, LE5 6GL
- Sold Jun 2006£399,000 | 5 Bed House223, Spencefield Lane, Leicester, LE5 6GL223, Spencefield Lane, Leicester, LE5 6GL
- Sold Aug 2000£178,500 | 5 Bed House223, Spencefield Lane, Leicester, LE5 6GL223, Spencefield Lane, Leicester, LE5 6GL
Nearby Postcodes
LE5 6GL is the 19th largest and the 1293rd most expensive postcode out of the 1,375 postcodes in the LE5 area.
- LE5 6DW, The Dell, Leicester, LE5LE5 6DW8 Addresses|44 m away
- LE5 6GB, Main Street, Evington, Leicester, LE5LE5 6GB6 Addresses|48 m away
- LE5 6HS, Fairford Avenue, Leicester, LE5LE5 6HS8 Addresses|100 m away
- LE5 6FG, Gifford Close, Leicester, LE5LE5 6FG18 Addresses|127 m away
- LE5 6DS, St. Denys Road, Leicester, LE5LE5 6DS29 Addresses|133 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- mid-century house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 1 property.
- The most common rating is E.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
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 School600 m away
- Linden Primary School700 m away
- Krishna Avanti Primary School700 m away
- Judgemeadow Community College400 m away
- St Paul's Catholic School, a Voluntary Academy800 m away
- The City of Leicester College900 m away
More reading links
Public Transport Nearby
The closest station to LE5 6GL is Leicester station, which is 3.7 kilometres away.
- Leicester|3.7 km away
- South Wigston|6.1 km away
- Syston|8.1 km away
- Narborough|10.5 km away
