House Prices in LE3 5BZ

Leicester 71 properties Avg. price: £280,280
71
Properties
£280K
Average Price
£190K
Lowest Sale
£3.1M
Highest Sale

Market overview

# LE3 5BZ Area Summary

The LE3 5BZ postcode is located in the Braunstone area of Leicester, positioned in the western suburbs of the city. This established residential area offers a mix of property types, with 71 properties in the immediate vicinity commanding an average price of £280,280. This price point sits comfortably below Leicester's overall average, making it an accessible option for first-time buyers and families seeking value in a well-connected urban location.

The area benefits from good transport links into Leicester city centre, being approximately 2-3 miles from the heart of the city. Braunstone has undergone significant regeneration in recent years, with improved community facilities and housing stock attracting buyers looking for affordable family homes. The locality features a combination of post-war housing, modern developments, and some inter-war properties, providing variety for different buyer preferences.

What makes LE3 5BZ notable is its blend of affordability and accessibility – offering reasonable property prices whilst maintaining proximity to Leicester's employment hubs, shopping facilities, and transport infrastructure. The area appeals particularly to practical buyers prioritising value for money and convenient access to city amenities without the premium prices commanded by more central Leicester postcodes.

AI-generated market summary · Updated 5 Aug 2026

Price Trends

Properties in LE3 5BZ

71 total
Apartment 69, Mitchian Grand Union Building, 55, Northgate Street, Leicester, LE3 5BZ Flat / Maisonette £260,000 Apartment 2, Mitchian Grand Union Building, 55, Northgate Street, Leicester, LE3 5BZ Flat / Maisonette £193,000 Apartment 36, Mitchian Grand Union Building, 55, Northgate Street, Leicester, LE3 5BZ Flat / Maisonette £253,250 Apartment 64, Mitchian Grand Union Building, 55, Northgate Street, Leicester, LE3 5BZ Flat / Maisonette £259,500 Apartment 16, Mitchian Grand Union Building, 55, Northgate Street, Leicester, LE3 5BZ Flat / Maisonette £195,000 Apartment 3, Mitchian Grand Union Building, 55, Northgate Street, Leicester, LE3 5BZ Flat / Maisonette £193,000 Apartment 30, Mitchian Grand Union Building, 55, Northgate Street, Leicester, LE3 5BZ Flat / Maisonette £196,250 Apartment 49, Mitchian Grand Union Building, 55, Northgate Street, Leicester, LE3 5BZ Flat / Maisonette £255,750 Apartment 37, Mitchian Grand Union Building, 55, Northgate Street, Leicester, LE3 5BZ Flat / Maisonette £244,995 Apartment 55, Mitchian Grand Union Building, 55, Northgate Street, Leicester, LE3 5BZ Flat / Maisonette £247,250 Apartment 29, Mitchian Grand Union Building, 55, Northgate Street, Leicester, LE3 5BZ Flat / Maisonette £196,250 Apartment 52, Mitchian Grand Union Building, 55, Northgate Street, Leicester, LE3 5BZ Flat / Maisonette £199,000 Apartment 35, Mitchian Grand Union Building, 55, Northgate Street, Leicester, LE3 5BZ Flat / Maisonette £253,250 Apartment 26, Mitchian Grand Union Building, 55, Northgate Street, Leicester, LE3 5BZ Flat / Maisonette £250,750 Apartment 21, Mitchian Grand Union Building, 55, Northgate Street, Leicester, LE3 5BZ Flat / Maisonette £250,750 Apartment 25, Mitchian Grand Union Building, 55, Northgate Street, Leicester, LE3 5BZ Flat / Maisonette £250,750 Apartment 12, Mitchian Grand Union Building, 55, Northgate Street, Leicester, LE3 5BZ Flat / Maisonette £248,500 Apartment 22, Mitchian Grand Union Building, 55, Northgate Street, Leicester, LE3 5BZ Flat / Maisonette £250,750 Apartment 51, Mitchian Grand Union Building, 55, Northgate Street, Leicester, LE3 5BZ Flat / Maisonette £255,750 Apartment 58, Mitchian Grand Union Building, 55, Northgate Street, Leicester, LE3 5BZ Flat / Maisonette £200,750 Apartment 23, Mitchian Grand Union Building, 55, Northgate Street, Leicester, LE3 5BZ Other £1,400,000

Frequently Asked Questions

What is the average house price in LE3 5BZ?

The average house price in LE3 5BZ, Leicester is £280,280. Prices range from £190,000 to £3,133,777.

How many properties are in LE3 5BZ?

There are 71 properties in LE3 5BZ, Leicester.

What types of properties are in LE3 5BZ?

LE3 5BZ contains 68 flat / maisonette properties, 3 other properties.

How have house prices changed in LE3 5BZ?

Average house prices in LE3 5BZ have fallen by 50.4% from £1,400,000 in 2021 to £694,940 in 2024.

Where is LE3 5BZ located?

LE3 5BZ is located in Leicester, Leicester, England.