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126 Mere Road is a residential building situated on Mere Road, Leicester, LE5 with 27 addresses.
It ranks as the 544th largest and 7th 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 27 properties: 27 flats.
126 Mere Road is a residential building situated on Mere Road, Leicester, LE5 with 27 addresses.
It ranks as the 544th largest and 7th 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 27 properties: 27 flats.
Sale prices range from £47,563 for 1 bedroom leasehold flats (107 ft2) to £85,084 for 1 bedroom leasehold flats with a garden (365 ft2) .
Monthly rental prices range from £263 pcm for 1 bed flats to £471 pcm for 1 bed flats.
The gross rental yield is between 6.6% and 6.6%.
The average value per square foot is £346.
The current average value in the building is £61,990.
The 126 Mere Road Sales Market has increased by 45.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.7% | £61,990 |
| May 2025 | 1.7% | £62,420 |
| May 2024 | -1% | £61,355 |
| May 2023 | 2.7% | £61,949 |
| May 2022 | 8.2% | £60,350 |
| May 2021 | 6.9% | £55,772 |
| May 2020 | 3.6% | £52,183 |
| May 2019 | 4.7% | £50,381 |
| May 2018 | 5.6% | £48,130 |
| May 2017 | 6.7% | £45,568 |
| May 2016 | 5.4% | £42,718 |
| May 2015 | 5% | £40,531 |
| May 2014 | 5.7% | £38,608 |
| May 2013 | -1.1% | £36,518 |
| May 2012 | -1% | £36,931 |
| May 2011 | -0.3% | £37,320 |
| May 2010 | 4.7% | £37,420 |
| May 2009 | -14.3% | £35,730 |
| May 2008 | -1.6% | £41,689 |
| May 2007 | 0% | £42,354 |
The current average rental value in the building is £343.
The 126 Mere Road Rental Market has increased by 53.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4% | £343pcm |
| May 2025 | 6% | £330pcm |
| May 2024 | 8% | £311pcm |
| May 2023 | 8.2% | £288pcm |
| May 2022 | 7.3% | £266pcm |
| May 2021 | 3% | £248pcm |
| May 2020 | 2.5% | £241pcm |
| May 2019 | 2.5% | £235pcm |
| May 2018 | 0.5% | £229pcm |
| May 2017 | 2.4% | £228pcm |
| May 2016 | 2.4% | £223pcm |
| May 2015 | 2.4% | £218pcm |
| May 2014 | 1.5% | £213pcm |
| May 2013 | -0.1% | £209pcm |
| May 2012 | -1.1% | £210pcm |
| May 2011 | 3.2% | £212pcm |
| May 2010 | 1.4% | £205pcm |
| May 2009 | -9.5% | £203pcm |
| May 2008 | 3.9% | £224pcm |
| May 2007 | 0% | £216pcm |
The closest station to 126, Mere Road, Leicester, LE5 3HR is Leicester station which is 1.3 kilometres away.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 126, Mere Road, Leicester, LE5 3HR, 35.4% of property is privately rented and 25.2% is privately owned outright.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 126, Mere Road, Leicester, LE5 3HR, 23.4% of residents are recorded as possessing school level qualifications and 13.6% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 126, Mere Road, Leicester, LE5 3HR, the average age was 33.9 and the most common age was 22.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 126, Mere Road, Leicester, LE5 3HR, 3.3% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 126, Mere Road, Leicester, LE5 3HR, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.