LE4, Leicester house prices & rental yield

Postcode district in Leicester, part of the LE postcode area

Near a university · 3.9km from De Montfort University

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Looking for a property valuation in LE4? 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
£280k
UK avg £340k
Average rent (pcm)
£1,038
UK avg £1,275
Gross rental yield
4.4%
1% below UK avg
Net yield (estimated)
3.3%
assumes ~25% costs, excl. mortgage
Crimes reported (2026-08)
338
228% above UK avg
Short-term let activity (Leicester)
#153 of 318

Summary

LE4 has a gross rental yield of 4.4%, 1% below the UK average, ranking #5 of 20 LE postcode districts by yield.

Gross yield trend

-0.2pp since Jul
Jul: 5.1% 5.1% Jul Aug: 5.1% 5.1% Aug Sep: 5.1% 5.1% Sep Oct: 4.9% 4.9% 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.

LE4 by bedroom count

BedroomsAvg buyAvg rentYieldSampled
Studio — £1,000 — 0 / 1
1 £119k £724 7.3% 14 / 22
2 £210k £972 5.6% 112 / 24
3 £295k £1,150 4.7% 179 / 29
4 £375k £1,688 — 58 / 4
5+ £437k £1,472 — 18 / 4

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
LE3 £260k £960 4.4% Compare
LE18 £270k £975 4.3% Compare
LE11 £260k £900 4.2% Compare
LE9 £290k £962 4.0% Compare
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