Housing Market Analysis for MERE ROAD, LE18 3RL

Are you looking to understand LE18 3RL 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 3RL area, explore the LE18 3RL Area information page.
For comprehensive crime statistics in the LE18 3RL area, explore the LE18 3RL Crime Rates page.

Overview of Sold House prices

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

Detached
- The average price is around £203,863 median price is £210,000 Standard Deviation is £79,158 with Total Sold: 15
- The Last 5 Year average price is £351,500 with Total Sold: 2
- The most recent sale happened at this postcode is 106 MERE ROAD: £335,000 (Sold on 03 Jul 2023)
- The first recorded sale happened at this postcode is 144 MERE ROAD: £79,000 (Sold on 01 Dec 1995)
Semi-Detached
- The average price is around £146,400 median price is £143,500 Standard Deviation is £65,152 with Total Sold: 28
- The Last 5 Year average price is £276,250 with Total Sold: 3
- The most recent sale happened at this postcode is 94 MERE ROAD: £253,750 (Sold on 08 Jul 2022)
- The first recorded sale happened at this postcode is 98 MERE ROAD: £50,000 (Sold on 04 Oct 1996)
Terraced
- The average price is around £257,975 median price is £257,975 Standard Deviation is £12,025 with Total Sold: 2
- The Last 5 Year average price is £270,000 with Total Sold: 1
- The most recent sale happened at this postcode is 136 MERE ROAD: £270,000 (Sold on 04 Jun 2021)
- The first recorded sale happened at this postcode is 134 MERE ROAD: £245,950 (Sold on 05 May 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average LE18 3RL 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£335,000	£3,454	1
2021	£368,000	£2,706	1
2017	£245,000	£2,227	1
2016	£175,000	£2,869	1
2015	£210,000	£2,249	2
2013	£234,950	£2,554	1
2010	£238,000	£2,086	1
2007	£227,000		1
2005	£198,000	£1,923	2
2003	£154,000		1
2001	£116,000	£1,261	1
1999	£70,000	£761	1
1995	£79,000	£675	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£264,375	£2,895	2
2020	£300,000	£3,061	1
2019	£165,000	£2,230	1
2018	£212,000	£2,141	1
2015	£223,500	£1,979	2
2012	£150,000	£1,286	1
2011	£140,000	£1,467	2
2010	£157,000	£1,791	1
2006	£158,000	£1,731	2
2005	£168,750		2
2004	£130,000		1
2003	£167,500		1
2002	£97,500		2
2001	£107,000		1
2000	£79,500		2
1999	£82,317		3
1998	£67,000	£574	1
1997	£83,500		1
1996	£50,000	£676	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£270,000	£3,140	1
2016	£245,950	£1,983	1

All the Sales in the MERE ROAD, LE18 3RL

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

Address	Sold Date	Price	% Change
106 MERE ROADDetached, FreeholdArea: 97 Sq.mtrAge: 1950-1966	03 Jul 2023	£335,000	59.52%
	29 May 2015	£210,000	First Sale
94 MERE ROADSemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1930-1949	08 Jul 2022	£253,750	85.22%
	26 May 2006	£137,000	First Sale
58 MERE ROADSemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1900-1929	25 Feb 2022	£275,000	First Sale
136 MERE ROADTerraced, FreeholdArea: 86 Sq.mtrAge: 1950-1966	04 Jun 2021	£270,000	First Sale
128 MERE ROADDetached, FreeholdArea: 136 Sq.mtrAge: 1930-1949	24 Feb 2021	£368,000	First Sale
56 MERE ROADSemi-Detached, FreeholdArea: 98 Sq.mtrAge: 1930-1949	29 Jul 2020	£300,000	32.16%
	20 Jul 2015	£227,000	First Sale
98 MERE ROADSemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1930-1949	18 Feb 2019	£165,000	230.00%
	04 Oct 1996	£50,000	First Sale
150 MERE ROADSemi-Detached, FreeholdArea: 99 Sq.mtrAge: 1950-1966	09 Mar 2018	£212,000	First Sale
124 MERE ROADDetached, FreeholdArea: 110 Sq.mtrAge: 1950-1966	12 May 2017	£245,000	First Sale
134 MERE ROADTerraced, FreeholdArea: 124 Sq.mtrAge: 1950-1966	05 May 2016	£245,950	First Sale
92 MERE ROADDetached, FreeholdArea: 61 Sq.mtrAge: 1930-1949	08 Feb 2016	£175,000	First Sale
126 MERE ROADDetached, FreeholdArea: 90 Sq.mtrAge: 1930-1949	28 Aug 2015	£210,000	First Sale
54 MERE ROADSemi-Detached, FreeholdArea: 134 Sq.mtrAge: 1930-1949	13 Jul 2015	£220,000	First Sale
130 MERE ROADDetached, FreeholdArea: 92 Sq.mtrAge: 1950-1966	27 Sep 2013	£234,950	31.99%
	17 Jun 2005	£178,000	53.45%
	16 Feb 2001	£116,000	65.71%
	10 Sep 1999	£70,000	First Sale
60 MERE ROADSemi-Detached, FreeholdArea: 116.63 Sq.mtrAge: 1950-1966	03 Feb 2012	£150,000	123.88%
	07 Aug 1998	£67,000	First Sale
152 MERE ROADSemi-Detached, FreeholdArea: 106.77 Sq.mtrAge: 1930-1949	26 Aug 2011	£150,000	First Sale
62 MERE ROADSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-1966	01 Apr 2011	£130,000	First Sale
120 MERE ROADSemi-Detached, FreeholdArea: 87.68 Sq.mtrAge: 1930-1949	10 Dec 2010	£157,000	First Sale
158 MERE ROADDetached, FreeholdArea: 114.1 Sq.mtrAge: 1930-1949	30 Jul 2010	£238,000	9.17%
	26 Sep 2005	£218,000	First Sale
164 MERE ROADDetached, Freehold	05 Oct 2007	£227,000	47.40%
164 MERE ROADDetached, Freehold	16 May 2003	£154,000	First Sale
68 MERE ROADSemi-Detached, FreeholdArea: 89.28 Sq.mtrAge: 1950-1966	09 Jun 2006	£179,000	First Sale
122 MERE ROADSemi-Detached, Freehold	27 May 2005	£167,500	First Sale
102 MERE ROADSemi-Detached, Freehold	20 May 2005	£170,000	117.95%
102 MERE ROADSemi-Detached, Freehold	28 Jun 1999	£78,000	First Sale
100 MERE ROADSemi-Detached, Freehold	16 Dec 2004	£130,000	First Sale
118 MERE ROADSemi-Detached, Freehold	24 Oct 2003	£167,500	First Sale
64 MERE ROADSemi-Detached, Freehold	15 Jul 2002	£98,000	First Sale
66 MERE ROADSemi-Detached, Freehold	28 Mar 2002	£97,000	22.78%
66 MERE ROADSemi-Detached, Freehold	08 Oct 1999	£79,000	First Sale
138 MERE ROADSemi-Detached, Freehold	26 Apr 2001	£107,000	22.99%
138 MERE ROADSemi-Detached, Freehold	29 Nov 2000	£87,000	First Sale
78 MERE ROADSemi-Detached, Freehold	10 Nov 2000	£72,000	First Sale
146 MERE ROADSemi-Detached, Freehold	25 Nov 1999	£89,950	First Sale
110 MERE ROADSemi-Detached, Freehold	23 May 1997	£83,500	First Sale
144 MERE ROADDetached, FreeholdArea: 117 Sq.mtrAge: 1930-1949	01 Dec 1995	£79,000	First Sale

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

MERE ROAD, LE18 3RL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LE18 3RL 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 3RL postcode.

Semi-Detached
- The average price is around £144,007 median price is £140,000 Standard Deviation is £71,421 with Total Sold: 1,054
- The Last 5 Year average price is £255,238 with Total Sold: 137
- 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 £122,784 median price is £119,975 Standard Deviation is £63,572 with Total Sold: 324
- The Last 5 Year average price is £218,427 with Total Sold: 41
- 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 £227,482 median price is £220,000 Standard Deviation is £118,677 with Total Sold: 559
- The Last 5 Year average price is £354,770 with Total Sold: 102
- The most recent sale happened at this postcode is , 9 BYFIELD DRIVE: £365,000 (Sold on 13 Feb 2024)
- The first recorded sale happened at this postcode is , 26 BLAKESLEY ROAD: £72,500 (Sold on 11 Apr 1995)
Other
- The average price is around £335,000 median price is £335,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £335,000 with Total Sold: 1
- The most recent sale happened at this postcode is , 164 OADBY ROAD: £335,000 (Sold on 31 Mar 2023)
- The first recorded sale happened at this postcode is , 164 OADBY ROAD: £335,000 (Sold on 31 Mar 2023)
Flat
- The average price is around £90,512 median price is £94,250 Standard Deviation is £38,318 with Total Sold: 16
- The Last 5 Year average price is £105,000 with Total Sold: 1
- The most recent sale happened at this postcode is , 39 ACORN WAY: £105,000 (Sold on 28 Aug 2020)
- 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	£266,267	£3,771	15
2023	£276,675	£3,411	22
2022	£271,669	£3,340	39
2021	£244,020	£3,076	36
2020	£220,280	£2,842	25
2019	£206,036	£2,620	28
2018	£215,145	£2,572	31
2017	£201,602	£2,428	29
2016	£181,362	£2,375	30
2015	£165,966	£2,259	31
2014	£158,342	£1,943	32
2013	£157,731	£1,750	26
2012	£152,873	£1,842	30
2011	£154,537	£1,841	34
2010	£156,200	£1,835	23
2009	£141,313	£1,672	30
2008	£146,050	£1,913	20
2007	£157,077	£2,089	49
2006	£164,134	£1,876	63
2005	£140,435	£1,814	48
2004	£147,576	£1,645	42
2003	£123,938	£1,608	50
2002	£96,580	£1,283	38
2001	£81,030	£981	32
2000	£67,537	£893	54
1999	£64,638	£868	40
1998	£57,538	£669	42
1997	£55,532	£726	46
1996	£50,712	£642	37
1995	£52,115	£681	32

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£216,333		3
2023	£267,429	£3,249	7
2022	£221,292	£3,398	12
2021	£196,000	£3,023	10
2020	£202,111	£2,763	9
2019	£185,429	£2,370	7
2018	£162,232	£2,687	15
2017	£169,075	£2,512	12
2016	£151,638	£2,120	13
2015	£149,028	£2,039	16
2014	£134,746	£2,155	12
2013	£126,200	£1,896	10
2012	£118,830	£1,925	10
2011	£135,033	£1,750	6
2010	£141,625	£1,807	4
2009	£116,611	£1,529	9
2008	£125,083	£2,071	6
2007	£138,496	£2,019	13
2006	£151,841	£1,983	17
2005	£118,562	£1,858	13
2004	£118,890	£1,811	10
2003	£95,329	£1,426	12
2002	£73,587	£1,189	15
2001	£59,014	£1,002	14
2000	£54,845	£893	20
1999	£47,270	£810	10
1998	£49,494	£756	8
1997	£43,493	£730	14
1996	£39,325	£729	10
1995	£44,679	£676	7

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£365,000		1
2023	£351,667	£3,902	18
2022	£347,531	£3,645	16
2021	£345,796	£3,215	42
2020	£376,303	£3,054	25
2019	£300,988	£3,067	20
2018	£341,600	£2,810	10
2017	£309,869	£2,627	18
2016	£256,047	£2,619	19
2015	£233,848	£2,307	26
2014	£253,250	£2,172	18
2013	£247,162	£2,152	12
2012	£230,996	£2,091	13
2011	£248,464	£2,253	14
2010	£243,872	£2,105	16
2009	£192,650	£1,859	13
2008	£257,062	£1,703	8
2007	£248,445	£2,120	19
2006	£223,788	£2,148	28
2005	£255,609	£1,933	32
2004	£190,892	£2,337	19
2003	£226,497	£1,807	19
2002	£141,677	£1,454	22
2001	£123,318	£1,250	25
2000	£114,696	£1,189	12
1999	£88,355	£834	28
1998	£87,321	£818	19
1997	£86,347	£792	18
1996	£71,247	£810	17
1995	£81,496	£734	12

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£335,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£105,000	£2,283	1
2011	£100,000	£2,000	1
2007	£101,000	£2,590	1
2006	£128,436	£2,138	4
2005	£112,833	£2,331	3
2004	£83,000	£1,804	1
2002	£51,475	£1,236	2
1998	£38,000	£500	1
1996	£33,000	£567	2

House Type in LE18 3RL area

The most common house types in the LE18 3RL postcode area are Semi-detached (66), Detached (60), and Terraced (0).

Total	126
Semi-detached	66
Detached	60
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 (70), and Owned: Owns with a mortgage or loan (43).

Owned: Owns outright	70
Owned: Owns with a mortgage or loan	43
Private rented: Private landlord or letting agency	10
Private rented: Other private rented	2
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the LE18 3RL have 2 people in household (46), and 1 person in household (33).

2 people in household	46
1 person in household	33
3 people in household	27
4 people in household	15
5 people in household	4
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0