Sell Your House Fast In Leicester

Are you looking to sell your Leicester property quickly but don’t know how to approach the current market? It’s true, you have a lot of sale routes you can take these days, including traditional estate agents, auction houses and cash buyers. It can be difficult knowing which is best for you and what you can expect in terms of sale timelines and eventual revenue. 

Leicester remains a relatively strong market for sellers, with a little growth in average house prices over the last 12 months. Unfortunately, due to various factors, it can still be difficult selling property quickly in and around the city. 

Not all sale routes rely on the open market. Auction houses and cash buying companies can help you sell your Leicester house fast. We buy any house in any condition for a fair price, often closing sales up to 12x faster than estate agents can on the open market. You also don’t pay anything to sell to us. We don’t charge commission and we cover conveyancing fees. 

That’s our brief sales pitch, but more on that later. First, let’s dive into the nitty gritty and take a look at the current housing market in Leicester. Read on to discover expert insights and current data around Leicester property prices and sale timelines, including hot and cold neighbourhoods. You’ll also learn how different types of property and house features might impact your ability to sell quickly. 

Later on, we’ll take a closer look at your various sale routes. Hopefully, we can help you identify a viable and efficient way to sell your home fast and save you time, stress and money. 

Table of Contents

• Current state of the Leicester property market

• Main factors influencing property prices and sale times in Leicester

• Is buying a house in Leicester a good investment right now?

• Is now a good time to sell property in Leicester?

• Where are the best places to live in Leicester?

• 4 easiest areas in Leicester to sell property quickly

• 4 hardest areas in Leicester to sell property quickly

• How to sell your house in Leicester

• How to sell your house fast in Leicester

• Pros and cons of choosing a cash buyer vs estate agent and auction house in Leicester

• Quick breakdown of the cash buying process

• Types of Leicester property you can sell to a cash buyer

• Areas we buy houses fast in and around Leicester

• Should you sell your Leicester property to a cash buyer?

• Frequently Asked Questions

Current state of the Leicester property market

The average house price in Leicester increased by 2.9% in August 2025 compared to August 2024, according to the Office for National Statistics (ONS). This now puts average property prices at £232,000, which is around £40,000 below the UK average. Mortgage-reliant buyers are spending a little more than average (£234,000), while first-time buyers are spending £215,000. 

Leicester’s recent growth has been a little less impactful than the rest of the East Midlands, which saw a 4.4% year-on-year increase in the same time. So while there has been growth, it could be seen as a little lacklustre compared to increases seen elsewhere in the region and around the UK. 

On the sales front, Plumplot data shows that transactions have dropped by over 10% in the last 12 months. This coincides with a 2.1% drop in asking prices by estate agents in Leicester, according to GetAgent. While data often needs to be taken with a grain of salt, this could be indicative of lower buyer confidence, resulting in slower sales. High mortgage rates, lower spending capacities and uncertain global economies all impact buyer confidence. 

Not all property types or locations in Leicester are as impacted by the growth or slower sale timelines. Your location can also drastically change your asking price. There’s currently an almost £550,000 difference between the most affordable neighbourhood (LE1 3) and the most expensive (LE15 8). 

Plumplot data also shows that Leicester is still relatively affordable to buy compared to a lot of places in England and Wales. It’s listed as the 58th most expensive city to buy a house in these two countries. This means it’s slightly more affordable than Coventry, St Albans, Twickenham and various other cities. However, it’s still considerably more expensive to buy here than say Doncaster or Oldham. 

According to Zoopla data, the average home in the UK spends over 6 months (25 weeks) on the open market. You can expect to wait around this time when selling property in Leicester. Data from the last 12 months shows an average time on market of 160 days (over 5 months). Flats take significantly longer than this, while most houses are a bit faster (more on that soon), so there are certain property types that are easier to sell.  

A few areas in Leicester have been making headlines recently for being some of the best places to live in the UK. Leicestershire Live recently highlighted Melton, Harborough, and Hinckley and Bosworth as being listed in the top 100 places in England to live. These rankings were based on data that focused on schools, NHS and GP facilities, public transport, community hubs, parks, pubs and various other amenities. Melton almost cracked the top 50 thanks to its amenities. 

While these neighbourhoods and others may be a little more sought after, it’s still taking homeowners a long time to close sales. Waiting over 5 months on the open market can impact lives and your future career, home and relationships. It can also eat away at your hard-earned savings. It’s why some people are turning to cash buyers like The Property Buying Company (TPBC) to sell their Leicester home quickly.

Main factors influencing property prices and sale times in Leicester

It’s hard to always know what’s going to affect your property sale. However, there are some factors that tend to always be present. These exist in Leicester as well as most places around the UK. Some of these are beyond your control. Others may be helpful to know when getting your property ready to sell. 

Here are the most common influences to be aware of: 

1. Supply and demand

Average Leicester property prices haven’t grown a lot these last 12 months. Combined with a 2.2% drop in estate agent asking prices and a 10.2% drop in transactions, property supply here might be outweighing demand right now. 

It’s worth considering this oversupply when you’re approaching the open market. You may need to market your property better and across a range of platforms (online, print etc.) to help it stand out. You may also have to lower your asking price. Check what properties in your area have been selling for recently (you can do this on Zoopla and Rightmove) to give you a better idea. 

2. Mortgage loan borrowing costs

Mortgage loan rates can impact property prices and sale timelines in the most unexpected ways. Nowhere in the UK is untouchable when it comes to changes to borrowing costs. 

The open market is full of mortgage-dependent buyers, so if borrowing costs are too high, they’re less likely to pull the trigger on property. You may need to lower your asking price just to get them interested. 

The fluctuations and uncertainty around borrowing costs in 2025 have resulted in average property prices rising and falling by incremental amounts throughout the year. After a 0.3% month-on-month drop in average prices in September, the Guardian reported a 0.6% increase in October. This happened despite uncertainty over upcoming tax changes. 

Although buyer demand has continued and mortgage loans are still being approved, more buyers are choosing smaller deposits and longer terms to make the borrowing costs more feasible. This could mean that houses with higher values aren’t as possible for these buyers. 

“Demand from buyers has held up well coming into autumn, despite a degree of uncertainty in the market, with the number of new mortgages being approved recently hitting its highest level so far this year,” said Amanda Bryden, the head of mortgages at Halifax, in the article.

“Rising costs for everyday essentials are also squeezing disposable incomes, which affects how much people are willing or able to spend on a new property,” she added. “Even so, while there has been some volatility, the market has proven resilient over recent months.”

You can get around any negative impact of mortgage rates by approaching a cash buyer. Genuine cash buyers don’t need a mortgage loan to purchase your house or flat, as they have cash funds available. This might mean they’re more willing to purchase your property than a traditional buyer. 

3. Property type

ONS data shows that not all property types in Leicester have increased in value the last 12 months. Unfortunately for flat owners, these properties have decreased by 1%, while detached, semi-detached and terraced houses have all increased by between 2.3% and 4.2%. While a 1% drop isn’t anything to worry about, it shows that the demand for houses is much higher in Leicester. 

Looking at the average time on market, we again see that buyers are far less interested in flats than houses. Flats spend 266 days on average on the open market, while detached and semi-detached houses only spend 124 to 138 days. That’s around half the time. 

Could you imagine having to wait an extra 4 or 5 months to sell your property than someone else? You can understand why people are getting frustrated. Fortunately, there are ways to sell your flat fast if you’re fed up with waiting, such as a cash buyer.

4. Property location

Property prices and sale timelines can vary greatly depending on your location in Leicester. As far as prices go, your property could be valued anywhere from £70,000 to £611,000 according to Plumplot. That’s a discrepancy of almost £550,000. You won’t know your property’s true value unless you do some proper local research into recent sale figures or get an experienced, RICS-certified surveyor to do a professional valuation. 

Location can also affect how easy it is to sell your Leicester house fast. The average time on market for Leicester property is 160 days, but that’s not the same for all postcodes. We’ll cover this more when we look at the hardest and easiest places to sell quickly in Leicester. But to give you an idea of what we’re talking about, here’s a quick example: 

The average time on market in LE1 is over 300 days, which is very different to the average of 160 days. If you’re trying to sell property in central Leicester, you could be waiting almost an entire year. But if you have property in LE3, you may only need to wait around 132 days, one month faster than the city’s average. 

Put simply, your property’s location could be the difference between you waiting 10 months or 4 months to sell. That’s definitely something to consider if your number one priority is to sell quickly. 

5. Number of bedrooms 

How many bedrooms your Leicester flat or house has will change the total value and the expected sale timeline. Properties with more bedrooms are generally valued higher, but they might not be as quick to sell because they appeal to a smaller buyer group. 

In the case of Leicester, it seems three- and four-bedroom properties are the easiest to sell quickly. Recent data has them selling within 133-135 days, while homes with two or five bedrooms tend to sell between 165 and 177 days. One-bedroom homes are the slowest to sell, taking 274 days on average. These are most likely flats. If you have a one-bedroom property you’re trying to sell quickly in Leicester, you might need to find a different sale route like a quick house buying company.

If you have a one-bedroom property, you could also rent it out. Rental yields for one-bedroom homes in Leicester have increased the most over the last 12 months. It’s been a good 12 months for buy-to-let investors across the board though, as rents have increased for all properties regardless of the number of bedrooms. You also need to consider the costs and stress of being a landlord before you choose this option.

Is buying a house in Leicester a good investment right now? 

Leicester is a city in the East Midlands, England, 101 miles northwest of London and 311 miles southeast of Edinburgh. The city is famous for its part as a stronghold for both the Romans and Danes, and for a history going back for almost two millennia.

In the 19th century, the industrial revolution led to the rise of hosiery and knitwear industries in Leicester, which later turned into light engineering and manufacturing. The city is famous for its cheese – Red Leicester – and its hand in the rise of the worldwide sensation, Walkers Crisps (Lays if you’re from abroad). Currently, the largest industries in Leicester are wholesale and retail trade, manufacturing, education, and transport. 

As far as affordability goes, Leicester is an attractive prospect for buyers at the moment. It’s also starting to gain attention for its new city developments. Unbiased recently listed the city in its list of top 10 places to invest in property in the UK. They highlighted Leicester’s strong economy and job market, affordable housing, and inner-city transformation projects as big pros for anyone looking to purchase property here. 

If you’re a first-time home buyer, Leicester may offer a more realistic route onto the UK property ladder. According to 2019 Zoopla data, first-time buyer properties here cost around £184,000. This meant that you were looking at a deposit of under £30,000 in most cases. It was also possible for households with lower incomes (around £40,000 per annum) to purchase property with a mortgage. 

Today, the average cost of a first-time home is £215,000 according to the ONS. This £30,000 increase, plus higher mortgage rates, could make it harder for first-time buyers to secure a home in Leicester. 

Leicester has a decent tourism draw as well, including its historic Roman landmarks, the National Space Centre, and rugby. Property Investments UK also highlights its great transport links as a positive, providing great highway connections to Birmingham and London, especially for locals working in these cities. 

Property value growth hasn’t been as high in Leicester as other places in the East Midlands. This could make the city more accessible for you as a buyer looking for a lower entry cost. However, it may also mean investment here is stagnating or taking longer to see significant dividends than other cities. However, rental yield increases above 8% in the last 12 months are good news for anyone looking at buy-to-let investment property. 

At the end of the day, you’re the only one who can decide whether now is the right time to buy property or not. If you have the necessary capital and you’ve found a place that feels like a good home or investment, you could find yourself a decent deal in Leicester compared to elsewhere in the UK. 

Is now a good time to sell property in Leicester?

Whether or not now is the right time to sell your Leicester property depends on a lot of factors. Most importantly your own specific situation financially and in life. As Angela Kerr, director of HomeOwners Alliance puts it: 

“No-one really knows what will happen with house prices in the future so you need to do what is right for you. And if you’re wondering whether to wait because you hope your property will increase in value, you may find the property you want to buy will also increase in value. So the gains are really relative unless you’re cashing out of the housing market altogether.”

These are words to live by. Selling a home is a big decision, especially if it’s your only property. Selling could mean you now have the means to invest elsewhere, move into your next dream home, travel, support family, get out of a bad situation, or declutter your life. Whatever your reason, you should weigh up the pros and cons and the current housing market. 

Waiting for the next housing boom could take you through a couple of housing busts. The right time to sell isn’t just whenever houses are most expensive. It completely depends on your individual circumstances and ambitions. 

The market has rebounded slightly since earlier this year, when the Guardian called it the “toughest sellers’ market in 10 years.” However, there are no guarantees if it’s going to continue improving. Leicester’s recent growth in property value has been minor, but it’s still growing. Prices aren’t near where they were in 2021 and 2022, but they are still relatively good if you’ve owned your house or flat for a number of years. 

It could still be hard to sell it on the open market, as buyer interest is still cautious after a tumultuous 2025. Some property experts consider Leicester to be more of a balanced market right now, with both buyers and sellers having negotiating power. Others have seen successful property sale rates drop from over 30% in 2022 to 16% in 2025. 

Based on this, it could be difficult selling your Leicester house quickly for the price you want. If you don’t want to hold onto your Leicester property, you could sell quickly and avoid the slow open market by selling to a professional cash buyer or at an auction. 

Where are the best places to live in Leicester?

Leicester is a trendy city known for its rich history and heritage, passionate sports opportunities, multiculturalism and innovation. The city has many famous landmarks, such as the Roman bathhouse, the Jewry Wall Museum, the King Richard III Visitor Centre and the King Power Stadium.

Leicester is one of the most diverse cities in the UK, with a rich cultural heritage that includes Pakistani, Indian, Bangladeshi and African communities. It hosts multicultural events throughout the year, including Diwali.

The city is also surrounded by some beautiful countryside areas, with plenty of opportunities for outdoor activities and exploring nature. There are many wonderful areas to live in Leicester. Here are a few of our top picks:

Aylestone

Aylestone is 3.6 miles south of Leicester’s city centre and is popular for its community spirit and family-friendly atmosphere. The suburb is well connected to Leicester city centre via bus and train routes, as well as the M1 motorway.

The town has lots of shops, cafes and restaurants, plenty of parks and green spaces. It has a range of housing options for those wanting a more affordable and family-friendly lifestyle than the city centre. Aylestone also has a mix of traditional Victorian and Edwardian homes sitting amongst modern developments. 

Braunstone

Braunstone is 3.8 miles southwest of Leicester’s city centre and is easily accessible to the centre by train within 25 minutes. Braunstone is considered a safe place to live and is known for its affordability and green spaces, like Braunstone Park, which is ideal for walks, picnics and events.

Braunstone has a wide range of properties available, ranging from traditional terraced housing to modern new build developments. This affordability makes it popular amongst first-time buyers.

Kirby Muxloe

Kirby Muxloe is 4.7 miles west of Leicester’s city centre and is known as one of the best places to live in Leicester. The parish has plenty of green spaces including the Kirby Muxloe Golf Club and Leicester Forest Rugby Club. Kirby Muxloe is famous for its moated Kirby Muxloe Castle, which was a fortress in the 15th century for Lord Hastings.

The town has a population of just under 5,000 and a mix of newer and period property, with highly rated schools and excellent community spirit. It’s considerably more expensive to buy here than other areas in and around Leicester. However, the quality of homes and amenities may make the higher price tags worth it for certain buyers. 

4 easiest areas in Leicester to sell property quickly

There are certain areas in Leicester that are known for being more desirable, which will usually mean it’s easier to sell property quickly here. Here’s a quick breakdown of the areas where property is selling fastest. 

4 hardest areas in Leicester to sell property quickly

Not all areas in Leicester offer the same level of desirability. They might also have an oversupply of property or higher average price tags, limiting the range of buyers. As a seller with property in these areas, you should still be able to find a buyer. However, you’re probably going to spend longer than average on the open market. 

How to sell your house in Leicester

There are numerous ways to sell your house in Leicester. Here’s a summary of all your possible routes and how to compare to one another when it comes to fees, sale times and more.

Local estate agents

An estate agent isn’t usually going to be the fastest way to sell your home in Leicester. Local estate agents target traditional buyers (anyone who needs a mortgage loan or property chain to purchase your house), so they’re often hamstrung by the delays associated with these limitations. If you want to sell fast, you may need to explore other options.

Some typical estate agents in Leicester include: 

• Connells

• William H Brown

• Frank Innes

• Hampsons Estate Agents

• Belvoir

You can find a lot of national agencies with local offices in Leicester. If you’re approaching one of these, just make sure the estate agent you’re dealing with has local expertise. 

Estate agents in Leicester charge 1.3% commissions (plus VAT) on average according to GetAgent. It’s possible to use two agents in tandem, but you’ll pay closer to 3% commission.  

Top Tip: Don’t forget these important questions to ask your estate agent when selling

Online estate agents

You can sell your house in Leicester through an online estate agent. However, these tend to take just as long as traditional estate agents. They don’t always offer local expertise either. If you get an online agent who doesn’t know your area or house, they could convince you to inflate or deflate your asking price. This might result in a lower sale price or spending longer than average on the open market. 

Yopa and Purplebricks are two popular options. You don’t always pay commission to an online estate agent. You could purchase an upfront package from between £99 and £1,500. These have various inclusions, with the more expensive options naturally providing more services and perks. 

Remember, these packages don’t guarantee a sale. It’s not uncommon for a homeowner to pay for a package and not even sell their property after spending months on the open market. Do you due diligence when choosing an online or local estate agent. Make sure you know what you’re getting for your money. 

Top Tip: Use our Top 10 Estate Agents in the UK guide to help you find the right one.

Auction houses

Have you ever considered selling your house at auction? You could sell your house at a traditional auction within 28 days or at a modern auction within 56 days, excluding the lead-in time. 

It’s still faster selling to a cash house buyer, but you may get lucky at an auction and receive 100% market value depending on the buyers. Unfortunately, it also costs money to sell through an auction house. You’ll typically pay 2% commission (plus VAT), according to Auction Link. This goes to the auctioneer, while the auction house also charges you for entry and the legal pack. 

Properties don’t always sell at auction, but you can find a wider variety of buyers. They range from mortgage-dependent buyers to investors willing to take a chance on properties with issues. Churchgate Auctions is the most notable auction house in Leicester, so you don’t have a lot of choices here. 

Top Tip: Find the best online property auction companies for selling your house

Private cash buyer

A cash buyer might be able to purchase your house in 4-6 weeks if they’re organised and experienced property investors. Otherwise it can take upwards of 8 weeks. They’ll also offer around 10-15% below market value. 

It’s hard vetting individual cash buyers. While there are numerous ways to check if a professional cash house buying company is legitimate, these don’t necessarily work as well with individuals. If you’re worried, ask for them to provide proof of their cash funds. Legitimate cash buyers will be able to do this at the very least. If they can’t or are unwilling to do so, they may be a scammer. 

Scam artists posing as buyers have stolen personal information, money and assets in the past. Unregulated, they’re also known for luring sellers in with a deal that’s too good to be true then lowering the price and exploiting their need to sell quickly. 

The BBC reported on this latter tactic, known as ‘gazundering’, back in 2013 and it can still crop up from time to time. More recently, people on Reddit have been seeking advice about cash buyers pretending to not be in a property chain or pulling out of the sale last minute.

Top Tip: Learn how much less cash buyers pay for houses before approaching one.

Professional cash house buying company

A cash buying company is the best option if you want to sell your house fast in Leicester. We purchase many homes in Leicester every year. We buy any house in and around the city, providing a fast sale for a fair price. With us, you can sell your house or flat in 2-3 weeks, sometimes as quickly as 7 days. 

We tailor our cash buying service to meet your specific needs. If you need to sell really fast, we can usually speed up the process. Or if you’re happy to take a little longer, we can sometimes provide a higher price thanks to having more time to do our due diligence or even find you a cash buyer. The process is smooth and hassle-free, with various members of our team helping you throughout. It starts with a no-obligation cash offer and ends with you receiving all proceeds from the sale. 

You don’t pay anything when you sell to us. We cover all legal and survey fees. We also don’t charge any commission. As a cash buyer, we usually offer 75-85% of the market value on Leicester property. This reduction takes into consideration the risk we face purchasing your property so quickly and the fees we cover. You save thousands of pounds when you don’t pay estate agent commission or legal fees, so the final difference isn’t as high as you may think. 

Top Tip: Get to know the best quick house sale companies before you commit to one.

How to sell your house fast in Leicester

You can sell your Leicester home fast by using a professional cash house buyer, which can take 1-3 weeks. This includes valuation, negotiations, processing and payment. 

Legitimate cash buying companies, like The Property Buying Company, cover all the costs (e.g. solicitors and surveyor) and actively work to make the sale process as fast as possible. As a cash buyer, we tend to offer around 80% of market value, though this depends on the property and your desired sale timeline. 

Over the last 12 months, we have purchased 10 properties in Leicester at an average market value of £269,500. Our average cash offer on these properties for that same period was £215,600. That’s 20% below market value. 

Based on the above Leicester data, let’s take a look at what you could make from a cash sale:

• Avg. market value from ONS: £232,000

• Avg. cash offer from TPBC: 80% of market value

• Potential earning from a cash sale: £185,600

When you consider the roughly £5,000 to £7,000 you can spend on real estate agent, solicitor and survey fees, this potential cash sale figure isn’t as low as you might expect. 

Expert tips to help you sell quickly

Here are some expert tips to help you sell property faster in Leicester. Remember, even changing your approach a little bit can make a big difference. 

1. Ensure the price is right

2. Improve kerb appeal

3. Stage with a personal touch

4. Use professional photos

5. Market your home online

6. Be flexible with your viewings

7. Keep it warm in winter, cool in summer

8. Work with cash buyers

Pros and cons of choosing a cash buyer vs estate agent and auction house in Leicester

Quick breakdown of the cash buying process 

You can read our detailed guide on how we purchase your property for cash in three simple steps. We’ve also provided a quick breakdown below:

Types of Leicester property you can sell to a cash buyer

Areas we buy houses fast in and around Leicester 

We can buy your property in any area of Leicester, but we've pulled together a list below of some of our most commonly purchased areas:

Should you sell your Leicester property to a cash buyer?

There are many reasons why you may want to sell your Leicester property to a cash buyer, besides wanting a fast sale. Here are some additional benefits of using our service: 

• No estate agent fees – When you accept a cash offer from us, that is the amount you will receive in your bank. 

• No legal costs – We cover all of the legal fees associated with selling a house for you. 

• No hidden fees – We offer a service that is honest, transparent and upfront. What you see is what you get. 

• Flexible timeline – We can buy your Leicester property in a timeline that suits you, whether that's 7 days or 3 months.

Ultimately it’s up to you and your needs whether a cash buyer is the right option or not. If you want to prioritise a quick sale and don’t mind a slightly lower offer than market value, we might be the best route. We can’t offer full market value, but we can help you sell in 1-3 weeks, saving you money, time and stress. Who knows, we might be the difference between you securing your dream house instead of missing out while waiting to sell. 

If you’re unsure, start by researching the best house buying companies in the UK. You could also learn more about us as a company. If you’re ready for your cash offer, submit your postcode below and we’ll get in touch within 24 hours. 

Frequently Asked Questions