Housing Market Analysis for MERE ROAD, LE18 3RJ

Are you looking to understand LE18 3RJ house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Oadby and Wigston postcode.

For the location information and nearby amenities in the LE18 3RJ area, explore the LE18 3RJ Area information page.
For comprehensive crime statistics in the LE18 3RJ area, explore the LE18 3RJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LE18 3RJ postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £179,745 median price is £168,750 Standard Deviation is £76,701 with Total Sold: 32
- The Last 5 Year average price is £277,750 with Total Sold: 4
- The most recent sale happened at this postcode is 41 MERE ROAD: £240,000 (Sold on 05 May 2023)
- The first recorded sale happened at this postcode is 39 MERE ROAD: £82,950 (Sold on 30 Aug 1996)
Detached
- The average price is around £208,425 median price is £205,000 Standard Deviation is £95,019 with Total Sold: 18
- The Last 5 Year average price is £319,000 with Total Sold: 5
- The most recent sale happened at this postcode is 9 MERE ROAD: £410,000 (Sold on 31 Mar 2023)
- The first recorded sale happened at this postcode is 9 MERE ROAD: £95,000 (Sold on 31 Jan 1996)
Terraced
- The average price is around £174,950 median price is £174,950 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 44 MERE ROAD: £174,950 (Sold on 24 Mar 2016)
- The first recorded sale happened at this postcode is 44 MERE ROAD: £174,950 (Sold on 24 Mar 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average LE18 3RJ house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£240,000	£2,963	1
2022	£335,000	£3,564	1
2021	£300,000	£3,226	1
2020	£236,000	£2,914	1
2018	£255,000	£2,688	3
2017	£230,000	£2,728	2
2016	£285,000	£2,133	1
2015	£245,000	£2,059	1
2012	£154,150	£1,420	3
2011	£246,000	£1,841	1
2010	£249,950	£2,877	1
2007	£182,000		1
2004	£163,333	£1,559	3
2003	£160,000	£1,768	1
2002	£176,250	£1,459	2
2001	£102,333	£1,126	3
2000	£79,000		1
1999	£73,000	£658	1
1997	£71,500	£628	2
1996	£70,475	£631	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£410,000	£3,565	1
2022	£300,000	£3,191	1
2021	£385,000	£3,319	1
2019	£250,000	£2,942	2
2016	£267,500	£2,505	2
2014	£163,500	£2,044	1
2013	£205,000	£2,113	1
2011	£166,500	£1,840	1
2007	£248,500		1
2006	£205,000		1
2001	£119,983	£1,292	3
1999	£93,500	£964	1
1998	£84,700	£712	1
1996	£95,000	£826	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£174,950	£1,715	1

All the Sales in the MERE ROAD, LE18 3RJ

See the table below for more details on the sold house prices in the LE18 3RJ, Oadby and Wigston postcode.

Address	Sold Date	Price	% Change
41 MERE ROADSemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1930-1949	05 May 2023	£240,000	189.16%
	09 Nov 2001	£83,000	First Sale
9 MERE ROADDetached, FreeholdArea: 115 Sq.mtrAge: 1976-1982	31 Mar 2023	£410,000	331.58%
9 MERE ROADDetached, FreeholdArea: 115 Sq.mtrAge: 1976-1982	31 Jan 1996	£95,000	First Sale
15 MERE ROADDetached, FreeholdArea: 94 Sq.mtrAge: 1976-1982	07 Dec 2022	£300,000	First Sale
34 MERE ROADSemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1930-1949	30 Sep 2022	£335,000	112.70%
	16 Jun 2004	£157,500	0.0
	27 Apr 2004	£157,500	166.95%
	29 Aug 1997	£59,000	First Sale
37 MERE ROADDetached, FreeholdArea: 116 Sq.mtrAge: 1930-1949	18 Jun 2021	£385,000	First Sale
31 MERE ROADSemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1900-1929	24 Feb 2021	£300,000	First Sale
49 MERE ROADSemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1930-1949	10 Jun 2020	£236,000	First Sale
16 MERE ROADDetached, FreeholdArea: 80 Sq.mtrAge: 1976-1982	18 Oct 2019	£247,000	51.07%
16 MERE ROADDetached, FreeholdArea: 80 Sq.mtrAge: 1976-1982	28 Aug 2014	£163,500	First Sale
22 MERE ROADDetached, FreeholdArea: 90.5 Sq.mtrAge: 1983-1990	28 Jan 2019	£253,000	51.95%
	19 Aug 2011	£166,500	4.06%
	19 Dec 2003	£160,000	47.47%
	02 Aug 2001	£108,500	87.07%
	29 Nov 1996	£58,000	First Sale
25 MERE ROADSemi-Detached, FreeholdArea: 143.32 Sq.mtrAge: 1950-1966	31 Jul 2018	£285,000	75.38%
	28 Nov 2012	£162,500	-7.14%
	05 Feb 2004	£175,000	First Sale
17 MERE ROADSemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1983-1990	29 Jun 2018	£250,000	8.70%
	29 Mar 2018	£230,000	-9.80%
	01 Dec 2017	£255,000	First Sale
38 MERE ROADSemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1950-1966	20 Jun 2017	£205,000	First Sale
39 MERE ROADSemi-Detached, FreeholdArea: 133.61 Sq.mtrAge: 1930-1949	30 Sep 2016	£285,000	15.85%
	12 Oct 2011	£246,000	66.78%
	17 Jan 2002	£147,500	75.60%
	11 Jul 1997	£84,000	1.27%
	30 Aug 1996	£82,950	First Sale
13 MERE ROADDetached, FreeholdArea: 113 Sq.mtrAge: 1967-1975	13 Jul 2016	£295,000	43.90%
	16 Dec 2002	£205,000	First Sale
20 MERE ROADDetached, FreeholdArea: 100 Sq.mtrAge: 1976-1982	03 Jun 2016	£240,000	107.79%
	05 Jul 2001	£115,500	First Sale
44 MERE ROADTerraced, FreeholdArea: 102 Sq.mtrAge: 1930-1949	24 Mar 2016	£174,950	First Sale
28 MERE ROADSemi-Detached, FreeholdArea: 119 Sq.mtrAge: 1976-1982	29 Jan 2015	£245,000	189.26%
	31 Jul 1998	£84,700	First Sale
35 MERE ROADDetached, FreeholdArea: 97 Sq.mtrAge: 1930-1949	05 Jun 2013	£205,000	119.25%
35 MERE ROADDetached, FreeholdArea: 97 Sq.mtrAge: 1930-1949	30 Nov 1999	£93,500	First Sale
48 MERE ROADSemi-Detached, FreeholdArea: 88.8 Sq.mtrAge: 1930-1949	24 Aug 2012	£140,000	First Sale
36 MERE ROADSemi-Detached, FreeholdArea: 103.24 Sq.mtrAge: 1950-1966	24 Apr 2012	£159,950	First Sale
23 MERE ROADSemi-Detached, FreeholdArea: 86.87 Sq.mtrAge: 1930-1949	29 Jan 2010	£249,950	First Sale
50 MERE ROADSemi-Detached, Freehold	20 Dec 2007	£182,000	First Sale
19 MERE ROADDetached, Freehold	13 Jun 2007	£248,500	First Sale
26 MERE ROADDetached, Freehold	07 Apr 2006	£205,000	75.21%
26 MERE ROADDetached, Freehold	07 Sep 2001	£117,000	First Sale
18 MERE ROADDetached, Freehold	07 Sep 2001	£128,000	First Sale
30 MERE ROADDetached, FreeholdArea: 89 Sq.mtrAge: 1950-1966	28 Aug 2001	£114,950	First Sale
33 MERE ROADSemi-Detached, Freehold	24 Nov 2000	£79,000	First Sale
43 MERE ROADSemi-Detached, FreeholdArea: 111 Sq.mtrAge: 1900-1929	12 Nov 1999	£73,000	First Sale

Check out the sold house prices near the LE18 3RJ postcode. Properties currently for saleProperties currently for rent

MERE ROAD, LE18 3RJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LE18 3RJ postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the LE18 3RJ postcode.

Semi-Detached
- The average price is around £143,411 median price is £142,000 Standard Deviation is £71,401 with Total Sold: 1,402
- The Last 5 Year average price is £243,398 with Total Sold: 231
- The most recent sale happened at this postcode is , 5 MILTON CLOSE: £220,000 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 47 THIRLMERE ROAD: £60,000 (Sold on 04 Jan 1995)
Terraced
- The average price is around £121,979 median price is £120,000 Standard Deviation is £62,446 with Total Sold: 534
- The Last 5 Year average price is £200,589 with Total Sold: 90
- The most recent sale happened at this postcode is , 7 CREATON ROAD: £183,000 (Sold on 15 Aug 2024)
- The first recorded sale happened at this postcode is , 28 ACORN WAY: £45,000 (Sold on 20 Jan 1995)
Detached
- The average price is around £225,072 median price is £225,000 Standard Deviation is £111,327 with Total Sold: 559
- The Last 5 Year average price is £356,062 with Total Sold: 135
- The most recent sale happened at this postcode is , 24 KELMARSH AVENUE: £407,000 (Sold on 01 Aug 2024)
- The first recorded sale happened at this postcode is , 51 SPA LANE: £52,865 (Sold on 24 Mar 1995)
Other
- The average price is around £720,052 median price is £352,500 Standard Deviation is £1,235,316 with Total Sold: 28
- The Last 5 Year average price is £628,333 with Total Sold: 18
- The most recent sale happened at this postcode is , 57 - 59 LEICESTER ROAD: £355,000 (Sold on 13 Jun 2024)
- The first recorded sale happened at this postcode is , B & Q PLC BULL HEAD STREET: £4,000,000 (Sold on 13 Dec 2013)
Flat
- The average price is around £89,854 median price is £90,000 Standard Deviation is £39,422 with Total Sold: 65
- The Last 5 Year average price is £114,050 with Total Sold: 10
- The most recent sale happened at this postcode is FLAT 6, THE LIMES BULL HEAD STREET: £140,000 (Sold on 11 Dec 2023)
- The first recorded sale happened at this postcode is , 39 ACORN WAY: £31,000 (Sold on 24 May 1996)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£262,714	£3,459	21
2023	£268,620	£3,272	28
2022	£265,345	£3,363	49
2021	£244,887	£3,087	60
2020	£220,806	£2,802	41
2019	£201,203	£2,602	32
2018	£211,948	£2,591	48
2017	£194,748	£2,373	48
2016	£176,727	£2,293	47
2015	£159,760	£2,153	51
2014	£154,459	£1,990	40
2013	£141,233	£1,767	33
2012	£150,498	£1,862	32
2011	£150,185	£1,863	42
2010	£143,996	£1,890	37
2009	£135,715	£1,591	39
2008	£142,248	£1,846	28
2007	£161,622	£2,045	62
2006	£158,609	£1,875	76
2005	£136,671	£1,741	62
2004	£157,335	£1,685	54
2003	£123,911	£1,551	53
2002	£93,361	£1,199	47
2001	£76,999	£918	46
2000	£67,358	£904	72
1999	£62,652	£814	58
1998	£57,422	£671	54
1997	£52,082	£704	53
1996	£49,688	£638	48
1995	£49,383	£630	41

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£185,714		7
2023	£245,000	£2,811	12
2022	£214,024	£2,994	21
2021	£195,912	£2,910	17
2020	£187,300	£2,457	20
2019	£172,462	£2,104	13
2018	£162,975	£2,562	21
2017	£163,745	£2,213	22
2016	£151,318	£2,067	22
2015	£148,025	£1,919	18
2014	£136,022	£1,890	18
2013	£125,278	£1,747	9
2012	£114,820	£1,773	15
2011	£124,386	£1,630	7
2010	£140,531	£1,926	27
2009	£136,538	£1,571	29
2008	£122,744	£1,628	8
2007	£135,347	£1,778	19
2006	£137,657	£1,749	26
2005	£115,900	£1,739	11
2004	£113,932	£1,463	19
2003	£88,711	£1,239	19
2002	£72,808	£946	25
2001	£57,358	£876	24
2000	£51,288	£784	30
1999	£46,025	£654	16
1998	£41,458	£657	9
1997	£43,153	£674	16
1996	£38,355	£575	20
1995	£41,589	£647	14

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£410,667		3
2023	£337,607	£3,824	14
2022	£354,382	£3,575	17
2021	£362,769	£3,093	58
2020	£386,442	£2,924	25
2019	£299,097	£2,799	18
2018	£319,636	£2,715	11
2017	£269,500	£2,449	15
2016	£250,427	£2,467	22
2015	£240,317	£2,382	26
2014	£212,469	£2,061	16
2013	£222,606	£2,157	9
2012	£229,996	£2,209	14
2011	£204,625	£2,025	12
2010	£200,770	£1,974	10
2009	£184,231	£1,771	13
2008	£181,250	£1,579	6
2007	£223,903	£2,085	16
2006	£217,967	£2,119	28
2005	£243,593	£2,032	39
2004	£218,817	£1,958	30
2003	£170,075	£1,778	16
2002	£134,248	£1,382	22
2001	£122,033	£1,128	21
2000	£102,718	£1,085	11
1999	£82,410	£818	23
1998	£83,407	£764	15
1997	£74,843	£727	23
1996	£73,466	£783	16
1995	£70,162	£760	10

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£357,500		2
2023	£250,000	£7,241	5
2022	£476,250	£3,682	4
2021	£2,188,333		3
2020	£208,333		3
2019	£250,000		1
2018	£553,750		2
2017	£338,167		3
2016	£682,362		4
2013	£4,000,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£111,250	£2,024	4
2022	£140,000	£2,222	1
2021	£118,000	£2,107	1
2020	£107,500	£2,106	2
2019	£111,250	£2,371	2
2018	£108,000	£2,512	1
2017	£108,833	£1,931	3
2016	£88,500	£1,874	2
2015	£73,000	£1,322	2
2013	£82,500	£1,539	2
2011	£100,000	£2,000	1
2010	£71,550	£1,388	3
2009	£95,400	£1,359	5
2008	£122,158	£2,189	6
2007	£86,444	£1,904	9
2006	£128,436	£2,138	4
2005	£89,500	£1,719	6
2004	£83,000	£1,804	1
2002	£46,983	£1,063	3
2001	£29,100	£526	2
1999	£20,000	£377	1
1998	£38,000	£500	1
1997	£18,000	£212	1
1996	£33,000	£567	2

House Type in LE18 3RJ area

The most common house types in the LE18 3RJ postcode area are Semi-detached (109), Detached (50), and Terraced (0).

Total	159
Semi-detached	109
Detached	50
Terraced	0
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (85), and Owned: Owns with a mortgage or loan (68).

Owned: Owns outright	85
Owned: Owns with a mortgage or loan	68
Private rented: Private landlord or letting agency	4
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the LE18 3RJ have 2 people in household (57), and 1 person in household (43).

2 people in household	57
1 person in household	43
4 people in household	27
3 people in household	19
5 people in household	7
7 people in household	5
8 or more people in household	1
0 people in household	0
6 people in household	0