Housing Market Analysis for MERE ROAD, LE5 5GS

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £59,614 median price is £38,500 Standard Deviation is £48,973 with Total Sold: 21
    • The Last 5 Year average price is £186,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 269 MERE ROAD: £178,000 (Sold on 23 Aug 2021)
    • The first recorded sale happened at this postcode is 301 MERE ROAD: £25,000 (Sold on 26 Jan 1995)
  • Flat
    • The average price is around £232,500 median price is £232,500 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £232,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 289 MERE ROAD: £232,500 (Sold on 18 Dec 2020)
    • The first recorded sale happened at this postcode is 289 MERE ROAD: £232,500 (Sold on 18 Dec 2020)
  • Semi-Detached
    • The average price is around £109,800 median price is £92,500 Standard Deviation is £47,452 with Total Sold: 5
    • The most recent sale happened at this postcode is 307 MERE ROAD: £190,000 (Sold on 20 Dec 2018)
    • The first recorded sale happened at this postcode is 243 MERE ROAD: £50,000 (Sold on 13 May 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average LE5 5GS 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£178,000 £1,982 1
2019£195,000 £2,349 1
2014£115,000 £1,278 1
2007£85,0001
2006£102,000 £1,229 1
2003£55,250 £667 2
2002£59,950 £704 2
2001£37,000 £505 3
2000£31,167 £408 3
1999£22,500 £324 2
1998£23,000 £311 1
1996£30,000 £361 1
1995£22,000 £337 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£232,5001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£190,000 £2,165 1
2005£108,250 £1,481 2
2002£71,2502

All the Sales in the MERE ROAD, LE5 5GS

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

AddressSold DatePrice% Change
269 MERE ROADTerraced, FreeholdArea: 89.8 Sq.mtrAge: before 190023 Aug 2021£178,000First Sale
289 MERE ROADFlat, Freehold18 Dec 2020£232,500First Sale
281 MERE ROADTerraced, FreeholdArea: 83 Sq.mtrAge: before 190010 Apr 2019£195,00091.18%
31 Jan 2006£102,000164.94%
04 Feb 2000£38,50028.33%
28 Jun 1996£30,000First Sale
307 MERE ROADSemi-Detached, FreeholdArea: 87.76 Sq.mtrAge: before 190020 Dec 2018£190,00046.15%
18 Jan 2005£130,000First Sale
261 MERE ROADTerraced, FreeholdArea: 90 Sq.mtrAge: before 190018 Mar 2014£115,000296.55%
08 May 2001£29,000First Sale
287 MERE ROADTerraced, Freehold28 Sep 2007£85,00036.00%
06 Jan 2003£62,500184.09%
09 Dec 1999£22,000First Sale
273 MERE ROADSemi-Detached, Freehold13 Oct 2005£86,500First Sale
245 MERE ROADTerraced, FreeholdArea: 72 Sq.mtrAge: 1900-192929 Jul 2003£48,000First Sale
267 MERE ROADTerraced, Freehold23 Aug 2002£69,950First Sale
243 MERE ROADSemi-Detached, Freehold16 Aug 2002£92,50085.00%
13 May 2002£50,000First Sale
257 MERE ROADTerraced, FreeholdArea: 71 Sq.mtrAge: before 190022 Apr 2002£49,950First Sale
283 MERE ROADTerraced, FreeholdArea: 70 Sq.mtrAge: before 190016 Nov 2001£48,000First Sale
259 MERE ROADTerraced, FreeholdArea: 66.9 Sq.mtrAge: 1900-192916 Feb 2001£34,000First Sale
301 MERE ROADTerraced, FreeholdArea: 70 Sq.mtrAge: 1900-192910 May 2000£20,000-20.00%
26 Jan 1995£25,000First Sale
277 MERE ROADTerraced, FreeholdArea: 74 Sq.mtrAge: 1900-192903 Mar 2000£35,00052.17%
27 Nov 1998£23,000First Sale
305 MERE ROADTerraced, FreeholdArea: 71 Sq.mtrAge: before 190026 Nov 1999£23,000First Sale
295 MERE ROADTerraced, FreeholdArea: 60 Sq.mtrAge: 1900-192931 Jan 1995£19,000First Sale

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

MERE ROAD, LE5 5GS Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £145,692 median price is £135,000 Standard Deviation is £85,604 with Total Sold: 698
    • The Last 5 Year average price is £271,186 with Total Sold: 79
    • 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 £101,668 median price is £97,000 Standard Deviation is £67,003 with Total Sold: 3,540
    • The Last 5 Year average price is £211,757 with Total Sold: 399
    • 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 £81,980 median price is £65,250 Standard Deviation is £61,027 with Total Sold: 126
    • The Last 5 Year average price is £162,750 with Total Sold: 17
    • 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 £402,195 median price is £259,500 Standard Deviation is £427,041 with Total Sold: 92
    • The Last 5 Year average price is £478,990 with Total Sold: 53
    • 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 £176,109 median price is £155,000 Standard Deviation is £121,111 with Total Sold: 77
    • The Last 5 Year average price is £265,667 with Total Sold: 3
    • 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£288,933 £2,833 15
2021£254,529 £2,566 17
2020£252,231 £2,499 13
2019£230,328 £2,561 16
2018£231,695 £2,138 24
2017£205,104 £1,940 19
2016£239,700 £2,761 10
2015£186,607 £1,663 14
2014£192,933 £2,007 15
2013£186,889 £1,648 9
2012£192,854 £1,864 14
2011£173,506 £1,517 16
2010£177,525 £1,801 10
2009£164,758 £1,623 19
2008£194,259 £1,701 23
2007£188,942 £1,649 41
2006£164,091 £1,497 41
2005£143,657 £1,337 28
2004£149,358 £1,312 32
2003£138,136 £1,123 39
2002£92,276 £909 33
2001£81,710 £685 43
2000£66,844 £584 27
1999£60,824 £497 48
1998£59,706 £496 34
1997£50,959 £446 35
1996£58,186 £455 29
1995£58,069 £459 16
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£230,138 £2,644 29
2023£238,849 £2,542 60
2022£231,607 £2,662 81
2021£211,756 £2,250 91
2020£188,729 £2,001 59
2019£181,282 £1,942 79
2018£183,132 £2,024 78
2017£157,320 £1,814 86
2016£144,063 £1,633 122
2015£137,741 £1,497 86
2014£131,412 £1,467 96
2013£120,135 £1,403 78
2012£116,340 £1,334 64
2011£119,280 £1,404 66
2010£120,908 £1,399 74
2009£115,258 £1,282 71
2008£133,287 £1,403 90
2007£128,500 £1,431 163
2006£120,338 £1,400 190
2005£120,075 £1,322 117
2004£111,723 £1,345 141
2003£89,617 £1,005 168
2002£65,914 £744 206
2001£51,227 £563 226
2000£41,863 £478 231
1999£39,052 £418 186
1998£37,302 £392 175
1997£33,942 £371 143
1996£33,540 £360 133
1995£34,099 £375 151
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£212,000 £5,300 1
2023£141,600 £2,722 5
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£72,250 £1,835 2
2017£69,494 £1,571 6
2016£85,167 £1,613 9
2015£68,500 £1,595 3
2014£70,000 £1,178 5
2013£124,950 £2,316 1
2012£62,0001
2011£136,999 £2,516 6
2010£53,500 £1,238 2
2009£71,600 £1,884 1
2008£67,6673
2007£77,833 £1,646 6
2006£81,643 £1,667 7
2005£76,857 £1,719 7
2004£70,750 £1,328 8
2003£74,300 £1,478 5
2002£88,119 £775 8
2001£48,500 £743 7
1999£36,870 £821 15
1998£15,0001
1997£29,000 £744 1
1996£28,250 £601 3
1995£24,2502
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£537,461 £4,231 14
2022£293,250 £5,235 4
2021£306,085 £1,923 18
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£302,6005
2014£88,7502
2013£220,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£430,000 £2,038 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 5GS area

The most common house types in the LE5 5GS postcode area are Terraced (62), Shared house (27), and Flat (23).

Total126
Terraced62
Shared house27
Flat23
Semi-detached11
Detached3
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (42), and Social rented: Other social rented (38).

Private rented: Private landlord or letting agency42
Social rented: Other social rented38
Owned: Owns outright16
Owned: Owns with a mortgage or loan15
Social rented: Rents from council or Local Authority10
Private rented: Other private rented3
Lives rent free2
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the LE5 5GS have 1 person in household (39), and 2 people in household (26).

1 person in household39
2 people in household26
4 people in household17
5 people in household15
3 people in household12
6 people in household8
8 or more people in household7
7 people in household2
0 people in household0