Housing Market Analysis for MERE ROAD, LE5 5GQ

Are you looking to understand LE5 5GQ 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 5GQ area, explore the LE5 5GQ Area information page.
For comprehensive crime statistics in the LE5 5GQ area, explore the LE5 5GQ Crime Rates page.

Overview of Sold House prices

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

  • Other
    • The average price is around £432,500 median price is £432,500 Standard Deviation is £22,500 with Total Sold: 2
    • The Last 5 Year average price is £432,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 169 MERE ROAD: £410,000 (Sold on 25 May 2022)
    • The first recorded sale happened at this postcode is 169 MERE ROAD: £455,000 (Sold on 10 May 2024)
  • Terraced
    • The average price is around £208,667 median price is £201,000 Standard Deviation is £101,421 with Total Sold: 6
    • The Last 5 Year average price is £311,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 95 MERE ROAD: £311,500 (Sold on 25 Mar 2022)
    • The first recorded sale happened at this postcode is 159 MERE ROAD: £58,500 (Sold on 26 Jul 1996)
  • Semi-Detached
    • The average price is around £221,000 median price is £163,000 Standard Deviation is £82,024 with Total Sold: 3
    • The Last 5 Year average price is £250,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 167 MERE ROAD: £163,000 (Sold on 26 Feb 2019)
    • The first recorded sale happened at this postcode is 133 MERE ROAD: £337,000 (Sold on 15 Feb 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average LE5 5GQ 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£410,000 £17,083 1
2024£455,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£311,500 £2,415 1
2018£292,500 £1,990 2
2014£167,000 £1,081 1
2002£130,000 £929 1
1996£58,5001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£163,000 £1,190 1
2010£163,000 £1,190 1
2024£337,0001

All the Sales in the MERE ROAD, LE5 5GQ

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

AddressSold DatePrice% Change
169 MERE ROADOther, FreeholdArea: 24 Sq.mtrAge: 1930-194925 May 2022£410,000-9.89%
10 May 2024£455,000First Sale
95 MERE ROADTerraced, FreeholdArea: 129 Sq.mtrAge: before 190025 Mar 2022£311,500First Sale
167 MERE ROADSemi-Detached, FreeholdArea: 137 Sq.mtr26 Feb 2019£163,0000.0
26 Feb 2010£163,000First Sale
165 MERE ROADTerraced, FreeholdArea: 155 Sq.mtrAge: before 190020 Dec 2018£235,000First Sale
91 MERE ROADTerraced, FreeholdArea: 142 Sq.mtrAge: before 190009 Mar 2018£350,000First Sale
107 MERE ROADTerraced, FreeholdArea: 154.52 Sq.mtrAge: 1900-192922 Aug 2014£167,00028.46%
10 Dec 2002£130,000First Sale
159 MERE ROADTerraced, Freehold26 Jul 1996£58,500First Sale
133 MERE ROADSemi-Detached, Freehold15 Feb 2024£337,000First Sale

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

MERE ROAD, LE5 5GQ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £128,489 median price is £120,000 Standard Deviation is £73,769 with Total Sold: 267
    • The Last 5 Year average price is £241,152 with Total Sold: 28
    • The most recent sale happened at this postcode is , 21 PROSPECT ROAD: £220,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 17 HOLLAND ROAD: £32,500 (Sold on 27 Mar 1995)
  • Terraced
    • The average price is around £95,109 median price is £90,000 Standard Deviation is £61,508 with Total Sold: 3,043
    • The Last 5 Year average price is £204,482 with Total Sold: 323
    • The most recent sale happened at this postcode is , 50 HALSTEAD STREET: £355,000 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is , 89 BAGGRAVE STREET: £30,000 (Sold on 05 Jan 1995)
  • Flat
    • The average price is around £89,522 median price is £75,000 Standard Deviation is £51,466 with Total Sold: 75
    • The Last 5 Year average price is £133,610 with Total Sold: 25
    • The most recent sale happened at this postcode is FLAT 2, 55 MELBOURNE STREET: £120,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 17 KEYTHORPE STREET: £45,000 (Sold on 06 Feb 1997)
  • Other
    • The average price is around £435,803 median price is £249,500 Standard Deviation is £623,463 with Total Sold: 48
    • The Last 5 Year average price is £467,643 with Total Sold: 26
    • The most recent sale happened at this postcode is , 169 MERE ROAD: £455,000 (Sold on 10 May 2024)
    • The first recorded sale happened at this postcode is , 310 ST SAVIOURS ROAD: £180,000 (Sold on 16 Dec 2013)
  • Detached
    • The average price is around £181,686 median price is £185,000 Standard Deviation is £80,320 with Total Sold: 38
    • The Last 5 Year average price is £231,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , 238 ST SAVIOURS ROAD: £260,000 (Sold on 25 Sep 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£278,5002
2023£273,333 £2,644 3
2022£269,000 £2,047 3
2021£255,333 £2,518 6
2020£256,000 £2,680 3
2019£206,205 £2,224 11
2018£202,946 £1,749 6
2017£149,600 £1,756 5
2016£177,000 £1,652 8
2015£146,500 £1,587 4
2014£191,125 £1,683 4
2013£140,000 £1,436 1
2012£184,750 £1,697 8
2011£151,410 £1,305 10
2010£167,000 £1,534 6
2009£132,000 £1,248 7
2008£193,938 £1,498 8
2007£170,303 £1,310 16
2006£142,829 £1,421 12
2005£142,269 £1,342 13
2004£125,192 £1,342 13
2003£120,258 £912 19
2002£82,075 £877 20
2001£67,316 £620 16
2000£56,800 £483 10
1999£57,591 £428 11
1998£52,746 £477 13
1997£47,446 £389 13
1996£50,714 £513 7
1995£48,261 £349 9
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£232,857 £2,596 21
2023£233,246 £2,592 51
2022£222,254 £2,537 59
2021£212,681 £2,330 75
2020£180,873 £2,131 52
2019£166,040 £2,005 65
2018£176,000 £1,984 61
2017£150,441 £1,748 68
2016£134,559 £1,597 89
2015£133,646 £1,457 78
2014£127,267 £1,379 74
2013£119,666 £1,375 70
2012£116,313 £1,277 52
2011£119,154 £1,279 54
2010£112,831 £1,299 83
2009£112,061 £1,291 82
2008£126,282 £1,405 78
2007£121,340 £1,405 121
2006£120,369 £1,421 137
2005£110,087 £1,327 97
2004£103,238 £1,167 145
2003£85,195 £972 155
2002£61,009 £708 176
2001£47,266 £516 188
2000£39,032 £445 210
1999£34,246 £396 137
1998£34,818 £364 149
1997£31,697 £372 130
1996£32,603 £342 125
1995£33,545 £364 161
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£120,0001
2023£151,667 £2,344 3
2022£140,750 £2,209 6
2021£128,786 £1,656 7
2020£161,250 £1,871 4
2019£93,562 £1,605 4
2018£75,975 £1,800 2
2017£69,000 £985 2
2016£82,800 £1,116 5
2015£66,500 £875 2
2014£56,000 £1,037 1
2012£76,250 £879 4
2011£154,500 £985 2
2010£77,500 £991 2
2009£65,0001
2008£59,3333
2007£83,677 £1,710 11
2006£77,750 £493 2
2003£41,700 £625 5
2002£23,9884
2001£23,0001
1997£21,853 £433 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£455,0001
2023£222,500 £5,814 4
2022£434,000 £17,083 5
2021£279,000 £3,817 4
2020£929,667 £1,996 6
2019£324,954 £2,716 6
2018£1,182,5004
2017£185,975 £1,632 7
2016£162,250 £3,234 4
2015£336,8005
2014£215,0001
2013£180,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£260,000 £1,635 1
2021£217,5002
2018£340,000 £2,048 1
2017£238,333 £1,603 3
2016£175,0001
2014£140,000 £1,801 2
2011£132,0711
2010£183,000 £1,384 2
2008£197,500 £1,495 2
2007£234,000 £3,462 6
2006£201,000 £1,043 3
2004£242,5002
2003£200,0001
2002£130,000 £833 3
2001£100,000 £735 1
2000£107,5002
1999£65,000 £367 1
1998£97,0001
1997£118,0001
1995£64,500 £266 2

House Type in LE5 5GQ area

The most common house types in the LE5 5GQ postcode area are Terraced (77), Semi-detached (10), and Detached (3).

Total94
Terraced77
Semi-detached10
Detached3
Flat2
Shared house2
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (50), and Private rented: Private landlord or letting agency (23).

Owned: Owns outright50
Private rented: Private landlord or letting agency23
Owned: Owns with a mortgage or loan12
Social rented: Other social rented8
Social rented: Rents from council or Local Authority2
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LE5 5GQ have 2 people in household (19), and 5 people in household (17).

2 people in household19
5 people in household17
4 people in household15
7 people in household10
1 person in household9
3 people in household9
6 people in household9
8 or more people in household3
0 people in household0