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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
LE8 5LWHouse Prices / East Midlands, Harborough, Watt Lane
Last updated May 2026
Key Postcode Insights
LE8 5LW is a residential postcode situated on Watt Lane, Peatling Magna, Leicester, LE8 with 2 addresses.
It ranks as the 25th largest and 833rd most expensive of the 854 postcodes in the LE8 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 2 properties: 2 houses.
2
Properties
- Houses
Key Postcode Insights
LE8 5LW is a residential postcode situated on Watt Lane, Peatling Magna, Leicester, LE8 with 2 addresses.
It ranks as the 25th largest and 833rd most expensive of the 854 postcodes in the LE8 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 2 properties: 2 houses.
2
Properties
- Houses
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House Pricesin LE8 5LW
Sale prices range from £515,812 for 3 bedroom freehold houses with a garden (1,140 ft2) to £907,632 for 5 bedroom freehold houses with a garden (2,960 ft2) .
Monthly rental prices range from £1,545 pcm for 3 bed houses to £2,592 pcm for 5 bed houses.
The gross rental yield is between 3.4% and 3.6%.
The average value per square foot is £379.
Average Sale Value
£711,722
Average Rental Value
£2,069 pcm
Average Rental Yield
3.5% /year
Average Value Per Sqft
£379 /ft2
Sales Market Trendsin LE8 5LW
The last sale in LE8 5LW sold for £520,000 on 17th November 2023. Since then prices are down an average of 0.9%.
The current average value in the postcode is £711,722.
The LE8 5LW Sales Market has increased by 37.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.5% | £711,722 |
| April 2025 | 1.4% | £722,782 |
| April 2024 | -1.2% | £712,808 |
| April 2023 | 3.4% | £721,717 |
| April 2022 | 8.6% | £697,969 |
| April 2021 | 6.7% | £642,938 |
| April 2020 | 1.9% | £602,471 |
| April 2019 | 4.6% | £591,075 |
| April 2018 | 3.9% | £565,066 |
| April 2017 | 5.3% | £543,935 |
| April 2016 | 6.1% | £516,349 |
| April 2015 | 6.5% | £486,622 |
| April 2014 | 8.8% | £457,063 |
| April 2013 | 1.9% | £419,983 |
| April 2012 | 0% | £412,050 |
| April 2011 | 0.5% | £412,074 |
| April 2010 | 7.1% | £410,033 |
| April 2009 | -11.2% | £382,921 |
| April 2008 | -1.6% | £431,260 |
| April 2007 | 0% | £438,094 |
Rental Market Trendsin LE8 5LW
The current average rental value in the postcode is £2,069.
The LE8 5LW Rental Market has increased by 56.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.8% | £2,069pcm |
| April 2025 | 4.6% | £2,032pcm |
| April 2024 | 7.1% | £1,942pcm |
| April 2023 | 9.8% | £1,813pcm |
| April 2022 | 6.7% | £1,652pcm |
| April 2021 | 6.3% | £1,548pcm |
| April 2020 | 0.9% | £1,457pcm |
| April 2019 | 3.4% | £1,444pcm |
| April 2018 | 2.6% | £1,397pcm |
| April 2017 | 2.9% | £1,361pcm |
| April 2016 | 4.5% | £1,323pcm |
| April 2015 | 2.7% | £1,267pcm |
| April 2014 | 3.8% | £1,233pcm |
| April 2013 | 3.2% | £1,188pcm |
| April 2012 | 0% | £1,151pcm |
| April 2011 | 5.7% | £1,151pcm |
| April 2010 | 5.3% | £1,090pcm |
| April 2009 | -6.2% | £1,035pcm |
| April 2008 | 2.7% | £1,103pcm |
| April 2007 | 0% | £1,074pcm |
Explore Propertiesin LE8 5LW, Watt Lane, Peatling Magna, Leicester, LE8
- Ashdale, Watt Lane, Leicester, LE8 5LW3 bed mid-century house
- Watt House, Watt Lane, Leicester, LE8 5LW
Sales Historyin LE8 5LW
The last sale was on 17th November 2023 for £520,000 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 2 sales since 1995.
LE8 5LW has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby Postcodesto LE8 5LW
LE8 5LW is the 25th largest and the 833rd most expensive postcode out of the 854 postcodes in the LE8 area.
- 105 mLE8 5UQ, Main Street, Peatling Magna, Leicester, LE8LE8 5UQ46 Addresses
- 159 mLE8 5US, School Lane, Peatling Magna, Leicester, LE8LE8 5US15 Addresses
- 242 mLE8 5UN, Arnesby Lane, Peatling Magna, Leicester, LE8LE8 5UN12 Addresses
- 1.2 kmLE8 5UL, Peatling Magna, Leicester, LE8LE8 5UL2 Addresses
- 1.3 kmLE8 5UP, Arnesby Lane, Peatling Magna, Leicester, LE8LE8 5UP1 Addresses
- 1.4 kmLE8 6UJ, Mere Road, Willoughby Waterleys, Leicester, LE8LE8 6UJ2 Addresses
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Property Typesin LE8 5LW
- 1 mid-century house built between 1936 and 1979
- 1 other address of unknown type
- mid-century house (1)
- Unknown (1)
Energy Efficiencyof properties in LE8 5LW
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The dominant rating is E.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (1)
Schools Nearbyto LE8 5LW
The nearest primary school to LE8 5LW is Arnesby Church of England Primary School which is 2.3 kilometres away.
- 2.3kmArnesby Church of England Primary School
- 3.0kmGreenfield Primary School
- 3.8kmKilby St Mary's Church of England Primary School
The nearest secondary school is Countesthorpe Academy which is 3.7 kilometres away.
- 3.7kmCountesthorpe Academy
- 5.5kmSouth Wigston High School
- 5.8kmWigston College
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Public Transport Nearbyto LE8 5LW
The closest station to LE8 5LW is South Wigston station which is 5.8 kilometres away.
- 5.8kmSouth Wigston
- 6.9kmNarborough
- 11.3kmLeicester
- 15.8kmMarket Harborough
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