Analysis of recent property sales -- official HM Land Registry data
The average house price in LE1 (LE1 1AD) is £877,661, based on 21 transactions recorded by HM Land Registry. The median price is £118,500, giving a price range from £66,384 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 |
| 2025-12-12 | £122,500 | F | 64.0 m² |
Standard residential rates for primary residence. Does not include surcharges for additional properties or non-UK residents.
Market Overview: LE1
Prices in LE1 span a notably wide range, from £66k at the lower end to £7.75m at the top of the 21-sale sample — a signal that the local housing stock is mixed rather than homogeneous.
The local market is dominated by flats, which made up 76% of all sales in the sample. 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.
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 9.1%, based on ONS regional rents.