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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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123 Mere RoadHouse Prices / East Midlands, Leicester, Mere Road, LE5 5GQ
Last updated Jun 2026
Key Building Insights
123 Mere Road is a residential building situated on Mere Road, Leicester, LE5 with 2 addresses.
It ranks as the 36th largest and 245th most expensive of the 554 buildings in the LE5 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
2
Properties
- Flats
Key Building Insights
123 Mere Road is a residential building situated on Mere Road, Leicester, LE5 with 2 addresses.
It ranks as the 36th largest and 245th most expensive of the 554 buildings in the LE5 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
2
Properties
- Flats
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House Pricesin 123 Mere Road
Sale prices range from £101,481 for 2 bedroom Leasehold flats with a garden (548 ft2) to £107,904 for 2 bedroom Leasehold flats (484 ft2) .
Monthly rental prices range from £576 pcm for 2 bed flats to £583 pcm for 2 bed flats.
The gross rental yield is between 6.5% and 6.8%.
The average value per square foot is £204.
Average Sale Value
£104,693
Average Rental Value
£579 pcm
Average Rental Yield
6.6% /year
Average Value Per Sqft
£204 /ft2
Sales Market Trendsin 123 Mere Road
The current average value in the building is £104,693.
The 123 Mere Road Sales Market has increased by 42.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.7% | £104,693 |
| May 2025 | 1.9% | £105,414 |
| May 2024 | -1% | £103,475 |
| May 2023 | 2.1% | £104,563 |
| May 2022 | 7.7% | £102,382 |
| May 2021 | 6.8% | £95,078 |
| May 2020 | 3.4% | £88,995 |
| May 2019 | 4.3% | £86,064 |
| May 2018 | 5.8% | £82,515 |
| May 2017 | 6.4% | £77,964 |
| May 2016 | 5.4% | £73,256 |
| May 2015 | 5.1% | £69,475 |
| May 2014 | 5.8% | £66,130 |
| May 2013 | -1.5% | £62,515 |
| May 2012 | -1.1% | £63,473 |
| May 2011 | -0.2% | £64,152 |
| May 2010 | 4.9% | £64,307 |
| May 2009 | -14.1% | £61,298 |
| May 2008 | -1.5% | £71,391 |
| May 2007 | 0% | £72,447 |
Rental Market Trendsin 123 Mere Road
The current average rental value in the building is £579.
The 123 Mere Road Rental Market has increased by 51.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4% | £579pcm |
| May 2025 | 5.8% | £557pcm |
| May 2024 | 8.1% | £527pcm |
| May 2023 | 7.9% | £487pcm |
| May 2022 | 6.9% | £451pcm |
| May 2021 | 3.1% | £422pcm |
| May 2020 | 2.2% | £410pcm |
| May 2019 | 2.4% | £401pcm |
| May 2018 | 0.2% | £391pcm |
| May 2017 | 2.1% | £390pcm |
| May 2016 | 2.8% | £382pcm |
| May 2015 | 2.3% | £372pcm |
| May 2014 | 1.6% | £363pcm |
| May 2013 | -0.1% | £358pcm |
| May 2012 | -1.1% | £358pcm |
| May 2011 | 3.2% | £362pcm |
| May 2010 | 1.6% | £351pcm |
| May 2009 | -9.5% | £346pcm |
| May 2008 | 3.9% | £382pcm |
| May 2007 | 0% | £368pcm |
Explore Propertiesin 123, Mere Road, Leicester, LE5 5GQ
Property Typesin 123 Mere Road
- 1 period flat built between 1800 and 1911
- 1 other address of unknown type
- period flat (1)
- Unknown (1)
Energy Efficiencyof properties in 123 Mere Road
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The dominant rating is E.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Saleson Mere Road, Leicester, LE5
Schools Nearbyto 123, Mere Road, Leicester, LE5 5GQ
The nearest primary school to 123, Mere Road, Leicester, LE5 5GQ is Uplands Junior L.E.A.D. Academy which is 400 metres away.
- 400mUplands Junior L.E.A.D. Academy
- 400mUplands Infant School
- 400mHighfields Primary School
The nearest secondary school is Moat Community College which is 700 metres away.
- 700mMoat Community College
- 1.0kmMadani Girls' School
- 1.0kmMadani Boys School
More reading links
Public Transport Nearbyto 123, Mere Road, Leicester, LE5 5GQ
The closest station to 123, Mere Road, Leicester, LE5 5GQ is Leicester station which is 1.1 kilometres away.
- 1.1kmLeicester
- 6.0kmSouth Wigston
- 6.9kmSyston
- 9.5kmNarborough
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