Analysis of recent property sales -- official HM Land Registry data
The average house price in LE1 (LE1 1AD) is £491,728, based on 50 transactions recorded by HM Land Registry. The median price is £113,250, giving a price range from £47,000 to £7,750,000.
| Date | Price | Type | Area |
|---|---|---|---|
| 2026-01-15 | £117,000 | F | 42.0 m² |
| 2026-01-07 | £268,000 | S | 132.0 m² |
| 2025-12-23 | £74,500 | F | 39.0 m² |
| 2025-12-19 | £72,500 | F | 47.0 m² |
| 2025-12-10 | £152,000 | F | 68.0 m² |
Standard residential rates for primary residence. Does not include surcharges for additional properties or non-UK residents.
Market Overview: LE1
Land Registry records 50 residential transactions in LE1 across the last twelve months — a middle-of-the-road volume that supports broad price indications without pinning a specific street.
The local market is dominated by flats, which made up 76% of all sales in the sample, while other property types accounted for 18%. A flats-heavy composition like this usually points to a city-centre or regeneration postcode where high-density apartment blocks have replaced or supplemented older stock.
The twelve-month trend is upward: comparing the first half of the window with the second, the median shifted by roughly +23.6%. Monthly volume was fairly consistent, giving the trend line a reliable shape.
For buyers and sellers in LE1 1AD, the wide dispersion means averages are a weak guide — comparable sales matched on property type, floor area and condition will produce a far tighter estimate. On the rental side, the estimated gross yield on a median-priced property here is around 9.5%, based on ONS regional rents.