LE2, Oadby house prices & rental yield

Postcode district in Oadby, part of the LE postcode area

Likely student area · 1.5km from The University of Leicester

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Looking for a property valuation in LE2? The average asking price above is a guide for the area as a whole, not a valuation of your specific property — a local estate agent or RICS surveyor can give you an accurate figure for that.

Average asking price
£267k
UK avg £340k
Average rent (pcm)
£850
UK avg £1,275
Gross rental yield
3.8%
15% below UK avg
Net yield (estimated)
2.9%
assumes ~25% costs, excl. mortgage
Crimes reported (2026-08)
311
202% above UK avg
Short-term let activity (Leicester)
#153 of 318

Summary

LE2 has a gross rental yield of 3.8%, 15% below the UK average, ranking #11 of 20 LE postcode districts by yield.

Gross yield trend

+0.1pp since Jul
Jul: 5.3% 5.3% Jul Sep: 5.3% 5.3% Sep Oct: 5.4% 5.4% Oct

Buy-to-let calculator

Stamp Duty (SDLT)—
Deposit required—
Mortgage payment (monthly)—
Letting agent fee (monthly)—
Est. net monthly cashflow—

Estimate only, for England/Northern Ireland SDLT rates. Assumes an interest-only mortgage and doesn't account for insurance, maintenance, voids, or other running costs. Not financial advice.

LE2 by bedroom count

BedroomsAvg buyAvg rentYieldSampled
Studio — £763 — 0 / 63
1 £120k £750 7.5% 58 / 159
2 £200k £995 6.0% 223 / 94
3 £280k £1,210 5.2% 280 / 56
4 £445k £1,394 3.8% 140 / 46
5+ £630k £1,395 2.7% 98 / 37

Nearby LE postcode districts, by yield

DistrictAvg buyAvg rentYield
LE1 £115k £825 8.6% Compare
LE19 £290k £1,338 5.5% Compare
LE5 £300k £1,150 4.6% Compare
LE10 £265k £995 4.5% Compare
LE4 £280k £1,038 4.4% Compare
LE3 £260k £960 4.4% Compare
LE18 £270k £975 4.3% Compare
LE11 £260k £900 4.2% Compare
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