Spencefield Lane - LE5 6PS
Key Postcode Insights
LE5 6PS is a residential postcode situated on Spencefield Lane, Leicester, LE5 with 23 addresses.
It ranks as the 749th largest and 1373rd most expensive of the 1,375 postcodes in the LE5 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 23 properties: 16 houses and 7 other properties.
- Ave. Sale Price
- £729,887
- 10 Year change
- up 55.6%
- Ave. Rental Price
- £2,622pcm
- 10 Year change
- up 69.3%
- Ave. £ per ft²
- £407/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Key Postcode Insights
LE5 6PS is a residential postcode situated on Spencefield Lane, Leicester, LE5 with 23 addresses.
It ranks as the 749th largest and 1373rd most expensive of the 1,375 postcodes in the LE5 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 23 properties: 16 houses and 7 other properties.
- Ave. Sale Price
- £729,887
- 10 Year change
- up 55.6%
- Ave. Rental Price
- £2,622pcm
- 10 Year change
- up 69.3%
- Ave. £ per ft²
- £407/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Explore Properties in LE5 6PS
- 6 Spencefield Lane
5 Bed Mid-century House
- 8 Spencefield Lane
House
- 10A Spencefield Lane
5 Bed Modern House
- 10 Spencefield Lane
5 Bed Early-century House
- 12 Spencefield Lane
5 Bed Mid-century House
Sales Market Trends
The last sale in LE5 6PS sold for £700,000 on 17th June 2024. Since then prices are up an average of 1.7%.
The current average value in the postcode is £729,887.
The LE5 6PS Sales Market has increased by 55.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -1.8% | £729,887 |
| July 2025 | 3.3% | £742,984 |
| July 2024 | -2.2% | £719,385 |
| July 2023 | 1.7% | £735,767 |
| July 2022 | 9.3% | £723,409 |
| July 2021 | 9.3% | £661,888 |
| July 2020 | 3.1% | £605,299 |
| July 2019 | 5.6% | £586,899 |
| July 2018 | 8.7% | £555,797 |
| July 2017 | 9% | £511,344 |
| July 2016 | 5.9% | £469,177 |
| July 2015 | 6.5% | £443,102 |
| July 2014 | 6.2% | £416,129 |
| July 2013 | -0.5% | £391,864 |
| July 2012 | 0.1% | £393,862 |
| July 2011 | 0.4% | £393,467 |
| July 2010 | 9% | £391,877 |
| July 2009 | -7.6% | £359,675 |
| July 2008 | -5.2% | £389,390 |
| July 2007 | 0% | £410,845 |
Rental Market Trends
The current average rental value in the postcode is £2,622.
The LE5 6PS Rental Market has increased by 69.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 2.4% | £2,622pcm |
| July 2025 | 5.4% | £2,562pcm |
| July 2024 | 8% | £2,430pcm |
| July 2023 | 8.8% | £2,250pcm |
| July 2022 | 10.9% | £2,068pcm |
| July 2021 | 4.3% | £1,864pcm |
| July 2020 | 4.4% | £1,787pcm |
| July 2019 | 2.2% | £1,711pcm |
| July 2018 | 3.8% | £1,674pcm |
| July 2017 | 4.1% | £1,612pcm |
| July 2016 | 4.2% | £1,549pcm |
| July 2015 | 3.3% | £1,486pcm |
| July 2014 | 1.8% | £1,439pcm |
| July 2013 | 2.3% | £1,413pcm |
| July 2012 | -0.3% | £1,381pcm |
| July 2011 | 3.2% | £1,385pcm |
| July 2010 | 6.1% | £1,343pcm |
| July 2009 | -3.3% | £1,266pcm |
| July 2008 | 0.5% | £1,309pcm |
| July 2007 | 0% | £1,303pcm |
Sales History
The last recorded sale was on 17th June 2024 for £700,000 and since then the market in the area has increased by 1.7%.
LE5 6PS has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Jun 2024£700,000 | 4 Bed House36, Spencefield Lane, Leicester, LE5 6PS36, Spencefield Lane, Leicester, LE5 6PS
- Sold Apr 2023£300,000 | 4 Bed House18, Spencefield Lane, Leicester, LE5 6PS18, Spencefield Lane, Leicester, LE5 6PS
- Sold Nov 2022£300,000 | 4 Bed House18, Spencefield Lane, Leicester, LE5 6PS18, Spencefield Lane, Leicester, LE5 6PS
Nearby Postcodes
LE5 6PS is the 749th largest and the 1373rd most expensive postcode out of the 1,375 postcodes in the LE5 area.
- LE5 6PN, Frinton Avenue, Leicester, LE5LE5 6PN25 Addresses|113 m away
- LE5 6PT, Spencefield Lane, Leicester, LE5LE5 6PT18 Addresses|124 m away
- LE5 6PY, Spencefield Gardens, Leicester, LE5LE5 6PY5 Addresses|143 m away
- LE5 6PP, Fulbeck Avenue, Leicester, LE5LE5 6PP22 Addresses|176 m away
- LE5 6HT, Uppingham Close, Leicester, LE5LE5 6HT8 Addresses|179 m away
Property Types
- 2 modern houses built after 1980
- 4 mid-century houses built between 1936 and 1979
- 10 early-century houses built between 1912 and 1935
- 7 other addresses of unknown type
- modern house (2)
- mid-century house (4)
- early-century house (10)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 16 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (2)
- F (3)
- C (1)
- G (0)
- D (7)
- No EPC (7)
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
- Krishna Avanti Primary School500 m away
- Whitehall Primary School700 m away
- Thurnby Mead Primary Academy700 m away
- St Paul's Catholic School, a Voluntary Academy400 m away
- The City of Leicester College600 m away
- Judgemeadow Community College1.0 km away
More reading links
Public Transport Nearby
The closest station to LE5 6PS is Leicester station, which is 4.2 kilometres away.
- Leicester|4.2 km away
- Syston|7.2 km away
- South Wigston|7.2 km away
- Sileby|11.5 km away
