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Leicester house buying guide

If you’ve been searching for houses for sale in Leicester but you’re no closer to finding the right location, look no further. Keep reading to find out the best places to live in Leicester in our location guide. To see how you could get on the ladder sooner, create a free Tembo plan today — or try out our Mortgage Calculator.

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£225,400 Average Property Price

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-1.8% Annual House Price Change

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£82,000 Average Affordability Boost

Where should I buy in Leicester?

With a population of more than 350,000, Leicester has great schools, shopping centres, theatres, entertainment venues, and green spaces on its doorstep — without a hefty price tag. 

There are countless jobs in Leicestershire itself, making it ideal for those who favour a short commute. If you’re happy to travel for work, you can get to Nottingham, Coventry and Birmingham in less than an hour by car. 

Alternatively, you could get the train to London in just over an hour! So if you work in the capital but you can’t afford to buy a house there, Leicester could hold the key to your first home.

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£287,799

Average property price

£234,297

Average terraced price

£185,500

Average flat price

Clarendon Park

Overflowing with trendy bars, indie restaurants, and green spaces, Leicester’s Clarendon Park has become a popular place among young professionals, students, and families alike.

It’s unsurprising when you look at its location — just a stone’s throw away from the University of Leicester, Victoria Park and live entertainment venue De Montfort Hall. 

If you love a period property with high ceilings and original fireplaces, there’s no shortage of Victorian terraces in the area.

The neighbourhood has changed in recent years due to a growing popularity with students, but it remains friendly, lively and has a community spirit.

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Struggling to buy a home in Leicester? We can help

Tembo specialises in helping buyers and home movers boost what they can afford so they can buy sooner. Create your free Tembo plan today for a personalised recommendation.

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The application process

4 simple steps to getting the keys to your new home

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Make a Tembo plan

Check your eligibility for a range of buying schemes, and get a personalised recommendation with interest rates and repayments in under 10-minutes.

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Talk to an expert

Book a call with our experts to complete the qualification process, and we’ll cover off any questions you might have about any of the budget boosting schemes we advise on.

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Find a property

Once you’ve found a property, your dedicated advisor will undertake full affordability checks to prepare the mortgage application. Then we’ll submit it on your behalf!

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Make home happen

During conveyancing, we’ll liaise with the seller and your solicitors to ensure a smooth purchase. We’ll also provide a free protection review for your insurance needs.

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Data sourced from Zoopla's January 2024 House Price Index and Rightmove property prices. Accurate as of 01/02/2024.