Spencefield Lane - LE5 6PT
Key Postcode Insights
LE5 6PT is a residential postcode situated on Spencefield Lane, Leicester, LE5 with 18 addresses.
It ranks as the 543rd largest and 1331st 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 18 properties: 13 houses and 5 other properties.
- Ave. Sale Price
- £387,417
- 10 Year change
- up 57.9%
- Ave. Rental Price
- £1,655pcm
- 10 Year change
- up 71.8%
- Ave. £ per ft²
- £236/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Key Postcode Insights
LE5 6PT is a residential postcode situated on Spencefield Lane, Leicester, LE5 with 18 addresses.
It ranks as the 543rd largest and 1331st 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 18 properties: 13 houses and 5 other properties.
- Ave. Sale Price
- £387,417
- 10 Year change
- up 57.9%
- Ave. Rental Price
- £1,655pcm
- 10 Year change
- up 71.8%
- Ave. £ per ft²
- £236/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Explore Properties in LE5 6PT
- 15 Spencefield Lane
5 Bed Early-century House
- 17 Spencefield Lane
5 Bed House
- 19 Spencefield Lane
House
- 21A Spencefield Lane
House
- 21 Spencefield Lane
5 Bed Early-century House
Sales Market Trends
The last sale in LE5 6PT sold for £785,000 on 1st September 2020. Since then prices are up an average of 19.6%.
The current average value in the postcode is £387,417.
The LE5 6PT Sales Market has increased by 57.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -1.7% | £387,417 |
| July 2025 | 3.5% | £393,969 |
| July 2024 | -2.4% | £380,750 |
| July 2023 | 1.6% | £390,077 |
| July 2022 | 10% | £384,061 |
| July 2021 | 9.6% | £349,195 |
| July 2020 | 3.3% | £318,682 |
| July 2019 | 5.7% | £308,598 |
| July 2018 | 9% | £292,008 |
| July 2017 | 9.2% | £267,843 |
| July 2016 | 5.9% | £245,369 |
| July 2015 | 6.6% | £231,684 |
| July 2014 | 6.3% | £217,240 |
| July 2013 | -0.4% | £204,366 |
| July 2012 | 0.3% | £205,217 |
| July 2011 | 0.3% | £204,696 |
| July 2010 | 8.1% | £204,098 |
| July 2009 | -8.3% | £188,739 |
| July 2008 | -5.2% | £205,780 |
| July 2007 | 0% | £217,157 |
Rental Market Trends
The current average rental value in the postcode is £1,655.
The LE5 6PT Rental Market has increased by 71.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 2.5% | £1,655pcm |
| July 2025 | 5.6% | £1,615pcm |
| July 2024 | 7.9% | £1,529pcm |
| July 2023 | 8.6% | £1,418pcm |
| July 2022 | 11.7% | £1,305pcm |
| July 2021 | 4.5% | £1,169pcm |
| July 2020 | 4.6% | £1,118pcm |
| July 2019 | 2.3% | £1,069pcm |
| July 2018 | 4.1% | £1,045pcm |
| July 2017 | 4.2% | £1,004pcm |
| July 2016 | 4.3% | £963pcm |
| July 2015 | 3.4% | £924pcm |
| July 2014 | 1.9% | £893pcm |
| July 2013 | 2.4% | £876pcm |
| July 2012 | -0.1% | £855pcm |
| July 2011 | 3% | £857pcm |
| July 2010 | 5.3% | £831pcm |
| July 2009 | -4% | £790pcm |
| July 2008 | 0.5% | £822pcm |
| July 2007 | 0% | £819pcm |
Sales History
The last recorded sale was on 1st September 2020 for £785,000 and since then the market in the area has increased by 19.6%.
LE5 6PT has had 3 sales since 1995, none of them in the last three years.
- Sold Sep 2020£785,000 | 5 Bed House15, Spencefield Lane, Leicester, LE5 6PT15, Spencefield Lane, Leicester, LE5 6PT
- Sold Jul 2019£680,000 | 5 Bed House49B, Spencefield Lane, Leicester, LE5 6PT49B, Spencefield Lane, Leicester, LE5 6PT
- Sold Jun 2018£615,000 | 5 Bed House21, Spencefield Lane, Leicester, LE5 6PT21, Spencefield Lane, Leicester, LE5 6PT
Nearby Postcodes
LE5 6PT is the 543rd largest and the 1331st most expensive postcode out of the 1,375 postcodes in the LE5 area.
- LE5 6PS, Spencefield Lane, Leicester, LE5LE5 6PS23 Addresses|124 m away
- LE5 6SN, Oakside Close, Leicester, LE5LE5 6SN20 Addresses|164 m away
- LE5 6SY, Beechwood Close, Leicester, LE5LE5 6SY20 Addresses|174 m away
- LE5 6PN, Frinton Avenue, Leicester, LE5LE5 6PN25 Addresses|176 m away
- LE5 6PY, Spencefield Gardens, Leicester, LE5LE5 6PY5 Addresses|188 m away
Property Types
- 8 modern houses built after 1980
- 1 house of an unknown age
- 4 early-century houses built between 1912 and 1935
- 5 other addresses of unknown type
- modern house (8)
- house (1)
- early-century house (4)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 12 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (2)
- F (1)
- C (3)
- G (0)
- D (4)
- No EPC (6)
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 School400 m away
- Whitehall Primary School600 m away
- Thurnby Mead Primary Academy800 m away
- St Paul's Catholic School, a Voluntary Academy300 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 6PT is Leicester station, which is 4.1 kilometres away.
- Leicester|4.1 km away
- South Wigston|7.1 km away
- Syston|7.2 km away
- Narborough|11.4 km away