Housing Market Analysis for MERE LANE, LE2 4SA

Are you looking to understand LE2 4SA 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 LE2 4SA area, explore the LE2 4SA Area information page.
For comprehensive crime statistics in the LE2 4SA area, explore the LE2 4SA Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LE2 4SA postcode area, The average prices are as follows,

  • Detached
    • The average price is around £652,414 median price is £652,414 Standard Deviation is £232,414 with Total Sold: 2
    • The Last 5 Year average price is £884,827 with Total Sold: 1
    • The most recent sale happened at this postcode is STONE LODGE MERE LANE: £884,827 (Sold on 16 Dec 2020)
    • The first recorded sale happened at this postcode is STONE LODGE MERE LANE: £420,000 (Sold on 25 Sep 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average LE2 4SA 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£884,827 £3,083 1
2015£420,000 £1,463 1

All the Sales in the MERE LANE, LE2 4SA

See the table below for more details on the sold house prices in the LE2 4SA, Oadby and Wigston postcode.

AddressSold DatePrice% Change
STONE LODGE MERE LANEDetached, FreeholdArea: 287 Sq.mtrAge: 1930-194916 Dec 2020£884,827110.67%
25 Sep 2015£420,000First Sale

Check out the sold house prices near the LE2 4SA postcode. Properties currently for saleProperties currently for rent

MERE LANE, LE2 4SA Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LE2 4SA 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 LE2 4SA postcode.

  • Semi-Detached
    • The average price is around £209,258 median price is £219,000 Standard Deviation is £88,482 with Total Sold: 144
    • The Last 5 Year average price is £285,508 with Total Sold: 56
    • The most recent sale happened at this postcode is , 7 KENSINGTON CLOSE: £190,000 (Sold on 08 Aug 2024)
    • The first recorded sale happened at this postcode is , 6 HYDE CLOSE: £54,250 (Sold on 03 Apr 1995)
  • Detached
    • The average price is around £305,597 median price is £315,000 Standard Deviation is £133,565 with Total Sold: 243
    • The Last 5 Year average price is £393,785 with Total Sold: 123
    • The most recent sale happened at this postcode is , 25 WOODSIDE ROAD: £320,000 (Sold on 30 Jul 2024)
    • The first recorded sale happened at this postcode is , 167 GLEN ROAD: £75,000 (Sold on 05 Jan 1995)
  • Terraced
    • The average price is around £204,215 median price is £208,500 Standard Deviation is £54,147 with Total Sold: 30
    • The Last 5 Year average price is £263,812 with Total Sold: 8
    • The most recent sale happened at this postcode is , 54 GORSE LANE: £290,000 (Sold on 29 Sep 2022)
    • The first recorded sale happened at this postcode is , 8 GORSE LANE: £86,000 (Sold on 25 May 2001)
  • Other
    • The average price is around £3,820,950 median price is £3,820,950 Standard Deviation is £2,679,050 with Total Sold: 2
    • The Last 5 Year average price is £1,141,899 with Total Sold: 1
    • The most recent sale happened at this postcode is , 36 JAMIE MARCUS WAY: £1,141,899 (Sold on 26 Jul 2019)
    • The first recorded sale happened at this postcode is , 22 DURRAD DRIVE: £6,500,000 (Sold on 02 Jul 2018)
  • Flat
    • The average price is around £101,625 median price is £105,750 Standard Deviation is £9,794 with Total Sold: 4
    • The most recent sale happened at this postcode is , 23 ERRINGTONS CLOSE: £110,000 (Sold on 09 Feb 2006)
    • The first recorded sale happened at this postcode is , 23 ERRINGTONS CLOSE: £107,000 (Sold on 02 Jul 2004)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£283,333 £3,354 3
2023£300,589 £3,508 9
2022£342,300 £3,745 5
2021£307,083 £2,876 6
2020£278,139 £3,230 19
2019£256,750 £3,242 14
2018£312,500 £2,450 2
2016£230,000 £943 1
2015£191,000 £2,122 1
2013£262,500 £2,313 2
2012£193,167 £1,935 3
2011£156,250 £2,053 2
2010£236,612 £1,829 4
2009£165,000 £2,143 1
2008£168,875 £1,700 4
2007£181,357 £1,823 7
2006£191,438 £1,929 8
2005£224,778 £1,920 9
2004£200,538 £1,958 13
2003£164,667 £1,248 3
2002£100,875 £803 4
2001£88,812 £953 4
2000£92,500 £1,077 1
1999£72,667 £820 3
1998£59,7502
1997£55,875 £543 4
1996£58,350 £680 5
1995£53,150 £472 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£460,000 £4,829 4
2023£455,864 £3,975 14
2022£400,911 £3,944 9
2021£392,270 £3,612 28
2020£392,678 £3,418 42
2019£351,123 £3,122 26
2018£325,000 £2,912 8
2017£282,667 £2,665 3
2016£321,889 £2,376 9
2015£357,333 £2,969 3
2014£241,900 £1,970 5
2013£186,000 £2,682 4
2012£310,000 £2,078 2
2011£230,000 £2,118 1
2010£201,750 £1,631 2
2009£247,500 £1,632 3
2008£214,000 £1,723 5
2007£202,667 £2,508 3
2006£233,664 £1,723 7
2005£307,125 £1,977 6
2004£273,833 £2,283 6
2003£223,586 £1,520 11
2002£185,800 £1,370 5
2001£131,124 £1,162 13
2000£138,590 £1,158 5
1999£126,700 £798 5
1998£116,5263
1997£84,0003
1996£86,000 £915 4
1995£73,375 £524 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£300,167 £3,285 3
2020£272,000 £3,317 2
2019£222,000 £2,352 3
2018£167,500 £2,746 1
2017£234,000 £2,156 2
2015£215,000 £2,282 2
2013£180,000 £1,827 1
2011£189,750 £1,634 2
2009£191,750 £2,002 2
2008£207,0001
2007£218,000 £2,000 1
2004£180,429 £2,095 7
2002£129,950 £1,319 1
2001£94,750 £799 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£1,141,899 £16,793 1
2018£6,500,000 £77,381 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£110,0001
2004£98,833 £2,010 3

House Type in LE2 4SA area

The most common house types in the LE2 4SA postcode area are Semi-detached (92), Detached (84), and Terraced (11).

Total193
Semi-detached92
Detached84
Terraced11
Flat5
commercial building1
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (96), and Owned: Owns outright (47).

Owned: Owns with a mortgage or loan96
Owned: Owns outright47
Social rented: Other social rented28
Private rented: Private landlord or letting agency15
Shared ownership: Shared ownership5
Private rented: Other private rented4
Social rented: Rents from council or Local Authority1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the LE2 4SA have 2 people in household (52), and 3 people in household (41).

2 people in household52
3 people in household41
4 people in household40
1 person in household34
5 people in household18
6 people in household6
7 people in household2
0 people in household0
8 or more people in household0