LE1 in Leicester has demonstrated rental growth of 6.2% annually over five years, outpacing its price appreciation of 3.1% CAGR, indicating a yield-focused market. The district scores 54.7/100 on trajectory analysis, placing it in the 76th percentile nationally and classified as early-stage gentrification. Population growth of 1.2% over five years suggests modest demographic expansion. The divergence between rent and price growth may reflect investor interest in rental income strategies, though the slower capital appreciation warrants consideration against alternative markets with comparable or higher growth metrics across both metrics.
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See plans from £20/moKey signals
- 1Property prices up 2.3% over 5 years (5yr CAGR)
- 2Rents growing at 6.2% per year
- 3Population growing at 1.2% per year
Nearby districts
What's changing in Leicester · June 2026
The trajectory score moved up 0.4 points this month to 55/100, driven mainly by safety.
Leicester (LE1) common questions
Is Leicester up and coming?
Praesago's gentrification model currently classifies Leicester (LE1) as Early. Its trajectory score is 55/100 (Strong), in the top 23% of districts nationally. The score is up 7.8 points over the last 12 months.
Is Leicester safe?
Leicester has a safety score of 48/100 on Praesago's index, based on police.uk recorded crime data.
What is the average house price in Leicester?
The average property price in Leicester (LE1) is £252k as of January 2026, based on UK House Price Index data. Prices have grown at 2.3% per year over the last five years.
What is the average rent in Leicester?
The median monthly rent in Leicester (LE1) is £959 (2026), based on ONS private rental data.
Which areas are near Leicester?
Neighbouring postcode districts include Leicester (LE5), Leicester (LE2), Leicester (LE4), Leicester (LE3). Each has its own monthly data page on Praesago.
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Disclaimer: Praesago provides data analytics and market intelligence. Nothing on this platform constitutes financial advice, investment advice, or a personal recommendation. Property values can fall as well as rise. Past performance does not predict future results. Seek independent financial and legal advice before making property investment decisions.