Housing Market Analysis for MERCIA DRIVE, LE2 5GB

Are you looking to understand LE2 5GB 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 5GB area, explore the LE2 5GB Area information page.
For comprehensive crime statistics in the LE2 5GB area, explore the LE2 5GB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LE2 5GB postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £143,773 median price is £148,800 Standard Deviation is £63,740 with Total Sold: 13
    • The Last 5 Year average price is £260,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 9 MERCIA DRIVE: £290,000 (Sold on 06 May 2022)
    • The first recorded sale happened at this postcode is 4 MERCIA DRIVE: £48,000 (Sold on 29 Sep 1995)
  • Detached
    • The average price is around £170,000 median price is £170,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 13 MERCIA DRIVE: £170,000 (Sold on 28 Nov 2003)
    • The first recorded sale happened at this postcode is 13 MERCIA DRIVE: £170,000 (Sold on 28 Nov 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average LE2 5GB 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£290,000 £3,625 1
2021£230,000 £3,966 1
2016£168,500 £2,133 1
2014£85,000 £1,232 1
2009£148,800 £1,751 1
2008£130,000 £2,031 1
2007£158,0001
2006£160,000 £2,759 1
2004£156,750 £2,879 1
2003£120,000 £2,014 2
1995£51,0002
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£170,0001

All the Sales in the MERCIA DRIVE, LE2 5GB

See the table below for more details on the sold house prices in the LE2 5GB, Oadby and Wigston postcode.

AddressSold DatePrice% Change
9 MERCIA DRIVESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1950-196606 May 2022£290,000First Sale
8 MERCIA DRIVESemi-Detached, FreeholdArea: 58 Sq.mtrAge: 1950-196630 Sep 2021£230,00043.75%
22 Jun 2006£160,000First Sale
5 MERCIA DRIVESemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1950-196618 Nov 2016£168,500First Sale
10 MERCIA DRIVESemi-Detached, FreeholdArea: 69 Sq.mtrAge: 1967-197528 Mar 2014£85,000First Sale
7 MERCIA DRIVESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-196603 Jul 2009£148,800First Sale
15 MERCIA DRIVESemi-Detached, FreeholdArea: 64 Sq.mtrAge: 1930-194912 Dec 2008£130,000-6.47%
31 Oct 2003£139,000First Sale
11 MERCIA DRIVESemi-Detached, Freehold04 May 2007£158,000First Sale
6 MERCIA DRIVESemi-Detached, FreeholdArea: 54.44 Sq.mtrAge: 1950-196623 Jul 2004£156,75055.20%
02 Jul 2003£101,000First Sale
13 MERCIA DRIVEDetached, Freehold28 Nov 2003£170,000First Sale
3 MERCIA DRIVESemi-Detached, Freehold08 Dec 1995£54,000First Sale
4 MERCIA DRIVESemi-Detached, Freehold29 Sep 1995£48,000First Sale

Check out the sold house prices near the LE2 5GB postcode. Properties currently for saleProperties currently for rent

MERCIA DRIVE, LE2 5GB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LE2 5GB 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 5GB postcode.

  • Semi-Detached
    • The average price is around £149,441 median price is £146,500 Standard Deviation is £75,549 with Total Sold: 819
    • The Last 5 Year average price is £260,288 with Total Sold: 121
    • The most recent sale happened at this postcode is 4, OADBY COURT LEICESTER ROAD: £465,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 38 BEAUMONT STREET: £42,000 (Sold on 20 Jan 1995)
  • Flat
    • The average price is around £119,505 median price is £109,500 Standard Deviation is £55,966 with Total Sold: 244
    • The Last 5 Year average price is £143,117 with Total Sold: 51
    • The most recent sale happened at this postcode is FLAT 4, 80 THE PARADE: £100,000 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is FLAT 19, VICTORIA COURT LEICESTER ROAD: £29,000 (Sold on 24 Feb 1995)
  • Detached
    • The average price is around £249,105 median price is £222,975 Standard Deviation is £145,108 with Total Sold: 256
    • The Last 5 Year average price is £379,883 with Total Sold: 43
    • The most recent sale happened at this postcode is , 12 KILBURN AVENUE: £310,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 148A LEICESTER ROAD: £77,000 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £121,591 median price is £122,000 Standard Deviation is £62,755 with Total Sold: 415
    • The Last 5 Year average price is £216,000 with Total Sold: 51
    • The most recent sale happened at this postcode is , 8 SPENCER STREET: £225,000 (Sold on 29 Feb 2024)
    • The first recorded sale happened at this postcode is , 64 REGENT STREET: £33,000 (Sold on 20 Jan 1995)
  • Other
    • The average price is around £866,084 median price is £320,000 Standard Deviation is £2,270,906 with Total Sold: 43
    • The Last 5 Year average price is £1,192,650 with Total Sold: 24
    • The most recent sale happened at this postcode is , ASDA STORES LTD LEICESTER ROAD: £13,447,315 (Sold on 20 Dec 2023)
    • The first recorded sale happened at this postcode is , 35 KENILWORTH DRIVE: £180,000 (Sold on 24 Jul 2013)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£296,438 £4,650 8
2023£277,545 £3,602 29
2022£273,342 £3,816 19
2021£264,167 £3,215 24
2020£233,250 £3,633 20
2019£232,190 £2,739 21
2018£226,225 £2,875 20
2017£203,940 £2,800 21
2016£198,212 £2,547 26
2015£175,375 £2,091 24
2014£169,702 £2,242 27
2013£146,635 £2,076 24
2012£156,372 £2,183 23
2011£151,750 £1,902 20
2010£158,128 £1,794 23
2009£145,298 £1,719 32
2008£155,273 £1,742 22
2007£165,687 £1,926 43
2006£164,737 £1,965 53
2005£142,634 £1,857 26
2004£147,869 £1,960 35
2003£125,485 £1,485 34
2002£99,781 £1,141 37
2001£79,675 £972 42
2000£81,196 £933 34
1999£67,184 £786 28
1998£62,226 £775 23
1997£50,175 £578 30
1996£51,908 £660 26
1995£52,794 £542 25
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£110,833 £1,981 3
2023£150,500 £2,577 13
2022£148,567 £2,394 15
2021£146,331 £2,333 6
2020£110,583 £1,764 6
2019£155,000 £2,046 8
2018£120,071 £2,068 14
2017£115,667 £1,845 9
2016£140,934 £2,276 17
2015£155,448 £2,369 29
2014£106,917 £1,989 6
2013£82,286 £1,512 7
2012£145,478 £2,387 9
2011£167,637 £3,151 27
2010£64,000 £1,450 2
2009£80,333 £1,309 3
2008£93,500 £1,399 5
2007£90,571 £1,682 7
2006£100,833 £1,483 3
2005£90,583 £1,522 6
2004£83,088 £1,314 12
2003£83,983 £1,292 3
2002£63,319 £963 8
2001£43,375 £638 4
2000£57,000 £629 5
1999£53,300 £575 4
1998£35,240 £528 5
1997£35,775 £528 4
1996£22,000 £324 1
1995£32,067 £472 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£335,250 £3,333 4
2023£445,000 £3,670 3
2022£403,500 £4,160 6
2021£383,700 £3,277 10
2020£379,727 £2,905 11
2019£358,219 £3,265 9
2018£255,000 £2,303 2
2017£265,500 £2,538 4
2016£310,141 £2,176 16
2015£369,000 £3,065 5
2014£279,808 £2,243 13
2013£249,250 £2,290 8
2012£257,000 £2,728 4
2011£248,586 £1,846 11
2010£282,021 £2,392 9
2009£224,100 £1,890 5
2008£241,000 £2,213 2
2007£359,545 £2,162 14
2006£224,265 £2,073 13
2005£276,812 £1,784 8
2004£250,953 £1,888 18
2003£170,717 £2,028 9
2002£149,745 £1,170 10
2001£175,600 £1,033 9
2000£219,317 £1,244 3
1999£96,600 £818 10
1998£150,804 £1,010 14
1997£110,345 £828 10
1996£74,472 £519 9
1995£102,571 £601 7
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£225,0001
2023£249,500 £3,084 10
2022£227,611 £2,739 9
2021£205,625 £2,390 16
2020£192,333 £2,319 3
2019£198,375 £2,353 12
2018£172,510 £2,183 10
2017£172,958 £1,877 12
2016£153,488 £2,087 17
2015£149,994 £1,928 9
2014£135,966 £1,625 16
2013£123,639 £1,624 14
2012£141,318 £1,635 11
2011£132,662 £1,645 12
2010£130,700 £1,557 9
2009£131,115 £1,458 13
2008£139,389 £2,800 14
2007£138,378 £1,735 21
2006£135,528 £1,757 18
2005£146,551 £1,451 17
2004£143,958 £1,527 12
2003£105,552 £1,419 24
2002£76,639 £1,042 24
2001£72,600 £904 13
2000£57,487 £739 15
1999£62,105 £727 21
1998£48,611 £635 14
1997£42,582 £591 22
1996£48,639 £536 9
1995£40,999 £515 17
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£3,609,3294
2022£446,6676
2021£189,695 £6,971 4
2020£1,433,2147
2019£238,333 £2,530 3
2018£177,5002
2017£742,6676
2016£255,750 £1,793 4
2015£394,7504
2014£512,5002
2013£180,0001

House Type in LE2 5GB area

The most common house types in the LE2 5GB postcode area are Semi-detached (99), Detached (20), and Shared house (1).

Total120
Semi-detached99
Detached20
Shared house1
Terraced0
Flat0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (63), and Owned: Owns with a mortgage or loan (29).

Owned: Owns outright63
Owned: Owns with a mortgage or loan29
Private rented: Private landlord or letting agency19
Private rented: Other private rented7
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LE2 5GB have 1 person in household (50), and 2 people in household (38).

1 person in household50
2 people in household38
4 people in household13
3 people in household10
5 people in household4
6 people in household2
7 people in household1
0 people in household0
8 or more people in household0