Data from Land Registry, ONS, Bank of England
Compare with another area →Key indicators for buyers
The Leicestershire market looks favourable for buyers. Affordability has improved from a peak of 9.1x in 2021 to 7.7x today.
Average sale prices · HM Land Registry / UK HPI
House price ÷ median earnings · ONS data
A home in Leicestershire costs 7.7x the local median salary — moderate, improving from a peak of 9.1x in 2021.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Leicestershire price of £287,131 with a 25% deposit (£72k), a 2-year fixed mortgage at 3.97% costs around £1,133 per month.
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in Leicestershire sells for £287,131, up 3.0% over the past year. Prices have grown from around £50k in the mid-1990s.