# LE2 2EJ Area Summary
The LE2 2EJ postcode covers a section of Leicester, falling within the LE2 postal district which encompasses areas to the south and southwest of Leicester city centre, including parts of Knighton, Stoneygate, and Oadby. With 66 properties recording an average price of £63,700, this area sits well below the current Leicester average, suggesting a prevalence of leasehold flats, ex-local authority properties, or potentially shared ownership schemes rather than traditional freehold houses.
The significantly low average price point of £63,700 is highly indicative of a market dominated by apartments, studios, or maisonettes, likely including a substantial proportion of buy-to-let investments or first-time buyer properties. This pricing suggests the area may feature purpose-built flat developments or converted properties, potentially appealing to students given Leicester's proximity to both the University of Leicester and De Montfort University, as well as young professionals seeking affordable entry points into the property market.
This postcode represents an accessible corner of Leicester's property market, offering affordability that is increasingly rare in UK cities. The low average price combined with the reasonable property stock indicates a dynamic rental market, making it particularly relevant for investors seeking yield or first-time buyers requiring lower deposit requirements.
The average house price in LE2 2EJ, Leicester is £63,700. Prices range from £5,500 to £132,000.
There are 66 properties in LE2 2EJ, Leicester.
LE2 2EJ contains 64 flat / maisonette properties, 1 other properties, 1 semi-detached properties.
Average house prices in LE2 2EJ have risen by 181.9% from £37,250 in 1995 to £105,000 in 2024.
LE2 2EJ is located in Leicester, Leicester, England.