Housing Market Analysis for MERE ROAD, LE5 5GP

Are you looking to understand LE5 5GP 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 Leicester postcode.

For the location information and nearby amenities in the LE5 5GP area, explore the LE5 5GP Area information page.
For comprehensive crime statistics in the LE5 5GP area, explore the LE5 5GP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LE5 5GP postcode area, The average prices are as follows,

  • Flat
    • The average price is around £63,208 median price is £57,500 Standard Deviation is £26,820 with Total Sold: 12
    • The most recent sale happened at this postcode is FLAT 1, 244 MERE ROAD: £55,000 (Sold on 07 Aug 2017)
    • The first recorded sale happened at this postcode is FLAT 1, 252 MERE ROAD: £24,000 (Sold on 10 Apr 2001)
  • Terraced
    • The average price is around £81,562 median price is £89,000 Standard Deviation is £52,286 with Total Sold: 24
    • The most recent sale happened at this postcode is 220 MERE ROAD: £120,500 (Sold on 13 May 2016)
    • The first recorded sale happened at this postcode is 222 MERE ROAD: £23,500 (Sold on 31 Oct 1996)
  • Other
    • The average price is around £555,000 median price is £555,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £555,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 254 MERE ROAD: £555,000 (Sold on 08 Dec 2023)
    • The first recorded sale happened at this postcode is 254 MERE ROAD: £555,000 (Sold on 08 Dec 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average LE5 5GP 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£55,0001
2016£87,000 £1,298 2
2014£55,000 £833 2
2007£115,000 £2,018 1
2006£54,0001
2005£89,0001
2004£75,5001
2001£28,667 £561 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£120,250 £1,620 2
2014£119,000 £1,488 1
2011£105,000 £1,314 1
2010£89,000 £1,086 2
2008£143,000 £1,233 1
2007£117,500 £1,497 2
2005£151,467 £1,129 3
2002£66,458 £361 4
2001£37,000 £462 1
2000£30,000 £380 1
1999£25,250 £305 5
1996£23,500 £270 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£555,0001

All the Sales in the MERE ROAD, LE5 5GP

See the table below for more details on the sold house prices in the LE5 5GP, Leicester postcode.

AddressSold DatePrice% Change
FLAT 1, 244 MERE ROADFlat, Leasehold07 Aug 2017£55,0001.85%
30 Jun 2006£54,000First Sale
220 MERE ROADTerraced, FreeholdArea: 70 Sq.mtrAge: before 190013 May 2016£120,500First Sale
234 MERE ROADTerraced, FreeholdArea: 79 Sq.mtrAge: 1900-192904 Mar 2016£120,00027.12%
24 Jun 2005£94,400214.67%
20 Sep 2000£30,000First Sale
FLAT 4, 254 MERE ROADFlat, LeaseholdArea: 74.1 Sq.mtrAge: 2007 onwards19 Jan 2016£92,00084.00%
11 Sep 2014£50,000First Sale
FLAT 1, 254 MERE ROADFlat, LeaseholdArea: 60.5 Sq.mtrAge: 2007 onwards19 Jan 2016£82,00036.67%
11 Sep 2014£60,000First Sale
238 MERE ROADTerraced, FreeholdArea: 80 Sq.mtrAge: before 190022 Jan 2014£119,0000.42%
19 Oct 2007£118,500First Sale
248 MERE ROADTerraced, FreeholdArea: 79.89 Sq.mtrAge: before 190028 Jun 2011£105,00023.53%
18 Jun 2010£85,000286.36%
10 Sep 1999£22,00017.33%
27 May 1999£18,750First Sale
230 MERE ROADTerraced, FreeholdArea: 84 Sq.mtrAge: 1900-192921 Jun 2010£93,000447.06%
27 May 1999£17,000First Sale
246 MERE ROADTerraced, FreeholdArea: 116 Sq.mtrAge: before 190028 Mar 2008£143,00010.00%
21 Dec 2005£130,000116.67%
21 Aug 2002£60,00050.00%
30 Sep 1999£40,000First Sale
242 MERE ROADFlat, LeaseholdArea: 57 Sq.mtrAge: before 190021 Dec 2007£115,000259.38%
10 May 2001£32,000First Sale
228 MERE ROADTerraced, FreeholdArea: 77 Sq.mtrAge: 1900-192927 Jul 2007£116,500First Sale
FLAT 1, 252 MERE ROADFlat, Leasehold15 Jul 2005£89,00017.88%
30 Jul 2004£75,500151.67%
21 Nov 2001£30,00025.00%
10 Apr 2001£24,000First Sale
254 MERE ROADTerraced, Freehold29 Mar 2005£230,000100.00%
15 Mar 2002£115,00064.40%
07 Jan 2002£69,950-87.40%
08 Dec 2023£555,000First Sale
224 MERE ROADTerraced, FreeholdArea: 102 Sq.mtrAge: before 190016 Sep 2002£20,880First Sale
218 MERE ROADTerraced, FreeholdArea: 80 Sq.mtrAge: 1900-192913 Aug 2001£37,000First Sale
236 MERE ROADTerraced, FreeholdArea: 84.86 Sq.mtrAge: before 190003 Nov 1999£28,500First Sale
222 MERE ROADTerraced, FreeholdArea: 87.08 Sq.mtrAge: 1900-192931 Oct 1996£23,500First Sale

Check out the sold house prices near the LE5 5GP postcode. Properties currently for saleProperties currently for rent

MERE ROAD, LE5 5GP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LE5 5GP 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 LE5 5GP postcode.

  • Semi-Detached
    • The average price is around £145,743 median price is £135,000 Standard Deviation is £85,612 with Total Sold: 719
    • The Last 5 Year average price is £275,576 with Total Sold: 82
    • The most recent sale happened at this postcode is , 15 HAZELWOOD ROAD: £166,465 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 8 HAZELWOOD ROAD: £51,700 (Sold on 03 Mar 1995)
  • Terraced
    • The average price is around £101,681 median price is £97,000 Standard Deviation is £66,730 with Total Sold: 3,485
    • The Last 5 Year average price is £210,800 with Total Sold: 396
    • The most recent sale happened at this postcode is , 11 ABINGDON ROAD: £310,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 4 TENNYSON STREET: £30,000 (Sold on 05 Jan 1995)
  • Flat
    • The average price is around £95,607 median price is £73,750 Standard Deviation is £72,398 with Total Sold: 76
    • The Last 5 Year average price is £166,047 with Total Sold: 16
    • The most recent sale happened at this postcode is , 4 DEVANA ROAD: £212,000 (Sold on 28 Feb 2024)
    • The first recorded sale happened at this postcode is , 19 BECKINGHAM ROAD: £20,000 (Sold on 30 Jun 1995)
  • Other
    • The average price is around £411,033 median price is £260,000 Standard Deviation is £437,094 with Total Sold: 89
    • The Last 5 Year average price is £488,530 with Total Sold: 50
    • The most recent sale happened at this postcode is , 254 MERE ROAD: £555,000 (Sold on 08 Dec 2023)
    • The first recorded sale happened at this postcode is , 92 EVINGTON ROAD: £220,000 (Sold on 15 Feb 2013)
  • Detached
    • The average price is around £177,313 median price is £155,000 Standard Deviation is £120,795 with Total Sold: 78
    • The Last 5 Year average price is £266,750 with Total Sold: 4
    • The most recent sale happened at this postcode is , 1 ABINGDON ROAD: £430,000 (Sold on 09 Nov 2023)
    • The first recorded sale happened at this postcode is , 13 SHIPLEY ROAD: £59,000 (Sold on 24 Mar 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£290,8088
2023£347,200 £3,019 10
2022£290,088 £2,850 17
2021£259,812 £2,565 16
2020£248,143 £2,522 14
2019£249,191 £2,705 17
2018£231,695 £2,138 24
2017£199,630 £1,956 19
2016£236,792 £2,605 12
2015£188,900 £1,705 15
2014£194,000 £2,017 16
2013£182,200 £1,627 10
2012£196,663 £1,916 15
2011£173,506 £1,517 16
2010£173,659 £1,731 11
2009£169,744 £1,655 18
2008£187,617 £1,640 21
2007£187,747 £1,687 43
2006£164,091 £1,497 41
2005£143,080 £1,337 30
2004£150,334 £1,378 32
2003£137,653 £1,117 38
2002£94,183 £906 36
2001£80,508 £674 44
2000£66,338 £587 29
1999£60,797 £505 49
1998£60,514 £511 35
1997£49,880 £458 37
1996£58,186 £455 29
1995£57,888 £459 17
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£228,383 £2,644 30
2023£236,457 £2,563 59
2022£231,831 £2,655 82
2021£211,609 £2,265 90
2020£188,965 £1,986 58
2019£177,394 £1,946 77
2018£182,741 £2,029 80
2017£157,452 £1,808 83
2016£143,410 £1,627 126
2015£137,808 £1,488 85
2014£131,078 £1,467 97
2013£120,500 £1,398 75
2012£116,465 £1,337 65
2011£119,613 £1,402 66
2010£120,911 £1,389 71
2009£115,519 £1,271 70
2008£133,363 £1,397 87
2007£127,205 £1,427 159
2006£120,917 £1,400 184
2005£120,758 £1,320 113
2004£111,529 £1,343 138
2003£89,794 £1,015 162
2002£65,816 £742 208
2001£50,880 £560 223
2000£41,517 £476 226
1999£38,463 £415 183
1998£37,287 £382 171
1997£33,957 £370 141
1996£32,788 £357 127
1995£34,080 £372 149
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£212,000 £5,300 1
2023£149,500 £2,818 4
2022£107,000 £1,574 1
2021£167,000 £3,165 1
2020£243,500 £1,745 5
2019£88,812 £1,686 4
2018£62,000 £1,836 1
2017£70,242 £1,437 4
2016£83,938 £1,567 8
2015£67,750 £1,394 2
2014£58,333 £972 3
2013£124,950 £2,316 1
2012£62,0001
2011£136,999 £2,516 6
2010£45,000 £1,000 1
2008£67,6673
2007£78,000 £2,018 4
2006£68,875 £1,063 4
2005£75,250 £1,670 4
2004£59,500 £1,234 3
2003£44,0002
2002£112,790 £730 5
2001£47,800 £561 5
1999£34,5001
1998£15,0001
1995£20,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£557,65013
2022£350,750 £5,235 4
2021£287,158 £1,877 16
2020£560,667 £6,223 9
2019£766,688 £1,549 8
2018£372,857 £3,895 7
2017£225,333 £3,023 15
2016£412,778 £3,593 9
2015£410,6005
2014£88,7502
2013£220,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£430,000 £2,038 1
2022£270,000 £2,389 1
2021£157,000 £1,308 1
2020£210,000 £2,258 1
2018£296,667 £2,301 3
2017£325,000 £1,562 6
2016£238,125 £1,870 4
2014£220,000 £2,401 2
2013£225,000 £1,797 2
2010£250,000 £1,603 1
2009£194,975 £1,719 2
2008£210,0001
2007£204,875 £1,693 8
2006£188,125 £1,530 4
2005£142,011 £1,665 3
2004£233,750 £1,671 4
2003£232,5004
2002£119,990 £694 5
2001£99,000 £727 4
2000£93,650 £683 3
1999£69,500 £557 4
1998£70,700 £587 5
1997£62,750 £327 4
1996£85,000 £397 2
1995£73,000 £266 3

House Type in LE5 5GP area

The most common house types in the LE5 5GP postcode area are Terraced (56), Semi-detached (9), and Detached (6).

Total79
Terraced56
Semi-detached9
Detached6
Shared house6
Flat2
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (29), and Private rented: Private landlord or letting agency (24).

Owned: Owns outright29
Private rented: Private landlord or letting agency24
Owned: Owns with a mortgage or loan11
Private rented: Other private rented5
Social rented: Other social rented4
Social rented: Rents from council or Local Authority3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LE5 5GP have 3 people in household (17), and 1 person in household (12).

3 people in household17
1 person in household12
4 people in household12
2 people in household10
6 people in household9
5 people in household8
7 people in household3
8 or more people in household3
0 people in household0