Neighbourhood · Leicester

Leicester City Centre: house prices and how the area is changing

Official figures for the Leicester City Centre neighbourhood of Leicester, England (ONS area Leicester 041). Headline figures assembled 3 October 2026. Additional local information checked 13 October 2026. Postcodes LE1, LE2, LE21, LE5, LE87. Figures that read a point use the neighbourhood's centre, near LE1 5EH.

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

Leicester City Centre is a neighbourhood with below-average incomes; it is changing little against Leicester (signals are mixed: 4 rising and 6 falling of 20). Flats here typically resell for £120,000 (median resale price, 2023-2025). Schools nearby are improving in line with the council's and the nearest station, Leicester, is about a 7-minute walk from the neighbourhood's centre. Recorded crime per resident is 6.9 times the borough's rate, but there are about 3.4 jobs for every resident here, so crime per resident overstates the risk to people who live here.

The neighbourhood in brief, from the figures on this page. Summary updated 13 October 2026; source dates are shown below.

Typical flat price

£120,000

Median resale price of flats in the neighbourhood, 2023-2025; -7% 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

Mixed signs

Weighted balance -0.07; 4 of 20 signals up, 6 down, against the borough.

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

Deprivation

Decile 2 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 4.

Source: MHCLG English Indices of Deprivation 2025

Average household income

£52,000

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

Source: Office for National Statistics

Recorded crime

6.9 times the borough's rate

A busy centre, with about 3.4 jobs for every resident here, so crime per resident overstates the risk to people who live here (34,000 jobs in 2024 against 10,051 residents at the 2021 census). 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 Leicester City Centre sits in Leicester

  • Typical flat price: 4th lowest of the 10 neighbourhoods in Leicester with enough flat sales for one
  • Average household income: 7th highest of 38 neighbourhoods in Leicester

Ranked among the council's neighbourhoods by the figures on each one's own page, checked 13 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 Leicester City Centre

House prices: Leicester City Centre against Leicester: This neighbourhood £66k (1999) to £143k (2007); Leicester £43k (1999) to £250k (2026).£69k£224k2026202220182014201020061999This neighbourhood£143kLeicester£250k
Median resale price of houses each year here and across Leicester, 1999 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).
Flat prices: Leicester City Centre against Leicester: This neighbourhood £125k (2000) to £88k (2026); Leicester £39k (2000) to £125k (2026).£54k£140k2026202220182014201020062000This neighbourhood£88kLeicester£125k
Median resale price of flats each year here and across Leicester, 2000 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 13 October 2026. Medians each year, not a valuation of any home.

How the area is changing, signal by signal

4 of 20 counted signals point towards rising affluence against Leicester, 6 the other way and 10 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

  • Household income
  • New-build activity
  • Lifestyle businesses
  • Borough against the region

Falling behind the borough

  • Resale prices
  • Residents aged 25 to 29
  • Single-person households under 65
  • Catching up with neighbouring areas
  • Homes selling
  • Benefit claims (DWP)

Stations and schools nearby

Nearest station

  • Leicester Railway station, about a 7-minute walk from the neighbourhood's centre (550 m 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 Sparkenhoe Community Primary School 910 m from the neighbourhood's centre. Ofsted: Good (Feb 2023).
  • Nearest state secondary school Moat Community College 800 m from the neighbourhood's centre. Ofsted: Ungraded visit: School remains Good (Mar 2023).

Schools: Department for Education, Get Information about Schools (11 October 2026); inspections: Ofsted's management information as at 31 August 2026, in Ofsted's own words. Straight-line distances; not a catchment or admissions assessment.

Questions about Leicester City Centre

What is the typical flat price in Leicester City Centre?

£120,000. Median resale price of flats in the neighbourhood, 2023-2025; -7% against 2017-2019.

How does Leicester City Centre compare with the rest of Leicester?

Typical flat price: 4th lowest of the 10 neighbourhoods in Leicester with enough flat sales for one. Average household income: 7th highest of 38 neighbourhoods in Leicester.

Is Leicester City Centre an affluent area?

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

Is Leicester City Centre gentrifying?

Mixed signs. Weighted balance -0.07; 4 of 20 signals up, 6 down, against the borough.

What is the nearest station to Leicester City Centre?

Leicester. Railway station, about a 7-minute walk from the neighbourhood's centre (550 m 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 Leicester City Centre?

Nearest state primary school. Sparkenhoe Community Primary School. 910 m from the neighbourhood's centre. Ofsted: Good (Feb 2023). Nearest state secondary school. Moat Community College. 800 m from the neighbourhood's centre. Ofsted: Ungraded visit: School remains Good (Mar 2023).

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

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Nearby neighbourhoods in Leicester

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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.