Neighbourhood · Leicester

Colchester Road: house prices and how the area is changing

Official figures for the Colchester Road neighbourhood of Leicester, England (ONS area Leicester 013). Headline figures assembled 23 October 2026. Postcodes LE5. Figures that read a point use the neighbourhood's centre, near LE5 1LE.

A neighbourhood with below-average incomes, changing little against Leicester

Colchester Road is a neighbourhood with below-average incomes; it is changing little against Leicester (few signs of gentrification: 3 of 19 signals rising, 1 falling). Houses here typically resell for £270,000 (median resale price, 2023-2025). Recorded crime is lower than across Leicester (0.6 times the borough's rate), schools nearby are improving in line with the council's and the nearest railway station, Leicester, is 4.1 km from the neighbourhood's centre.

The neighbourhood in brief, from the figures on this page. Summary updated 23 October 2026; source dates are shown below.

Typical house price

£270,000

Median resale price of houses in the neighbourhood, 2023-2025; +37% against 2017-2019.

Source: HM Land Registry Price Paid Data

Affluence today

Below average income

How well off the neighbourhood is now, from household income, home prices and deprivation.

Source: ONS, HM Land Registry, MHCLG Indices of Deprivation

Signs of gentrification

Few signs

Weighted balance +0.05; 3 of 19 signals up, 1 down, against the borough.

Source: Official statistics on prices, incomes, benefits, businesses, schools and more (a full report shows every signal)

Deprivation

Decile 4 of 10

English Indices of Deprivation 2025: 1 is the most deprived tenth of neighbourhoods, 10 the least. At the neighbourhood's centre; its 5 small areas range from decile 2 to 6.

Source: MHCLG English Indices of Deprivation 2025

Average household income

£46,800

ONS estimate for the neighbourhood (modelled, with a margin of error).

Source: Office for National Statistics

Recorded crime

0.6 times the borough's rate

Crimes recorded by the police over 12 months (not anti-social behaviour) per resident, against the borough. Crime per resident can overstate the risk in busy centres where many people work or visit.

Source: Police.uk

Schools getting better

In line with the council's

Nearby state schools' latest Ofsted inspections and results, against the council's schools.

Source: Ofsted, Department for Education

Where Colchester Road sits in Leicester

  • Typical house price: joint 9th highest of the 37 neighbourhoods in Leicester with enough house sales for one
  • Average household income: 13th highest of 38 neighbourhoods in Leicester

Ranked among the council's neighbourhoods by the figures on each one's own page, checked 23 October 2026: typical prices are HM Land Registry resale medians over the latest three-year window, household income the ONS's modelled estimate, with a margin of error, so neighbourhoods a place or two apart may not really differ.

Prices over time in Colchester Road

House prices: Colchester Road against Leicester: This neighbourhood £48k (1995) to £290k (2026); Leicester £38k (1995) to £250k (2026).£70k£258k2026202120162011200620011995This neighbourhood£290kLeicester£250k
Median resale price of houses each year here and across Leicester, 1995 to 2026 (HM Land Registry Price Paid Data: standard sales, new builds left out). Years with fewer than 10 sales here are left out. 2026 is the year so far (dashed).

Source: HM Land Registry Price Paid Data, held locally and checked 23 October 2026. Medians each year, not a valuation of any home.

How the area is changing, signal by signal

3 of 19 counted signals point towards rising affluence against Leicester, 1 the other way and 15 in line. A reading of official statistics against the borough, not a prediction; a full report shows every signal's figures and weight. Where this reading sits among every neighbourhood in England and Wales: the gentrification league table.

Rising against the borough

  • Single-person households under 65
  • Recorded crime
  • Solar and heat pumps

Falling behind the borough

  • Income deprivation ranking

Stations and schools nearby

Nearest station

  • Leicester Railway station, 4.1 km from the neighbourhood's centre in a straight line. About 12 trains an hour leave between 07:00 and 19:00 on a weekday: East Midlands Railway to London St Pancras International (63 to 71 min) and Nottingham (21 to 37 min).

Station locations: NaPTAN (Department for Transport). Trains: Network Rail's timetable for Tuesday 6 October 2026, with the timetabled minutes of direct trains; timetabled, not live running. Distances from the neighbourhood's centre in a straight line, walked at 4.8 km/h; the real route is longer.

Nearest state schools

  • Nearest state primary school St Joseph's Catholic Academy 470 m from the neighbourhood's centre. Ofsted: Report card: Expected standard in 6 areas, Needs attention in 1 (Jun 2026).
  • Nearest state secondary school Avanti Fields School 1.1 km from the neighbourhood's centre. Ofsted: Good (Apr 2023).

Schools: Department for Education, Get Information about Schools (20 October 2026); inspections: Ofsted's management information as at 30 September 2026, in Ofsted's own words. Straight-line distances; not a catchment or admissions assessment.

Questions about Colchester Road

What is the typical house price in Colchester Road?

£270,000. Median resale price of houses in the neighbourhood, 2023-2025; +37% against 2017-2019.

How does Colchester Road compare with the rest of Leicester?

Typical house price: joint 9th highest of the 37 neighbourhoods in Leicester with enough house sales for one. Average household income: 13th highest of 38 neighbourhoods in Leicester.

Is Colchester Road an affluent area?

Below average income. How well off the neighbourhood is now, from household income, home prices and deprivation.

Is Colchester Road gentrifying?

Few signs. Weighted balance +0.05; 3 of 19 signals up, 1 down, against the borough.

What is the nearest station to Colchester Road?

Leicester. Railway station, 4.1 km from the neighbourhood's centre in a straight line. About 12 trains an hour leave between 07:00 and 19:00 on a weekday: East Midlands Railway to London St Pancras International (63 to 71 min) and Nottingham (21 to 37 min).

Which state schools are nearest to Colchester Road?

Nearest state primary school. St Joseph's Catholic Academy. 470 m from the neighbourhood's centre. Ofsted: Report card: Expected standard in 6 areas, Needs attention in 1 (Jun 2026). Nearest state secondary school. Avanti Fields School. 1.1 km from the neighbourhood's centre. Ofsted: Good (Apr 2023).

Each answer repeats a figure shown above, with its source there.

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Neighbourhood names: House of Commons Library, MSOA Names, Open Parliament Licence v3.0. Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0. Contains National Statistics data © Crown copyright and database right 2026. Contains public sector information (MHCLG, Police.uk, Ofsted, Department for Education) licensed under the Open Government Licence v3.0. Station locations from NaPTAN (Department for Transport), Open Government Licence v3.0. Trains: contains information of Network Rail Infrastructure Limited licensed under the Open Government Licence v3.0. Figures describe the area, not any home, and are not a valuation or a prediction.