148, Mere Road - LE5 5GN
Key Building Insights
148, Mere Road is a residential building situated on Mere Road, Leicester, LE5 with 4 addresses.
It ranks as the 357th largest and 79th most expensive of the 562 buildings in the LE5 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 4 properties: 3 flats and 1 other property.
- Ave. Sale Price
- £83,009
- 10 Year change
- up 41.2%
- Ave. Rental Price
- £509pcm
- 10 Year change
- up 55.0%
- Ave. £ per ft²
- £171/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Key Building Insights
148, Mere Road is a residential building situated on Mere Road, Leicester, LE5 with 4 addresses.
It ranks as the 357th largest and 79th most expensive of the 562 buildings in the LE5 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 4 properties: 3 flats and 1 other property.
- Ave. Sale Price
- £83,009
- 10 Year change
- up 41.2%
- Ave. Rental Price
- £509pcm
- 10 Year change
- up 55.0%
- Ave. £ per ft²
- £171/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Explore Properties on Mere Road, Leicester, LE5
- Flat 1, 148 Mere Road
2 Bed Period Flat
- Flat 2, 148 Mere Road
2 Bed Period Flat
- Flat 3, 148 Mere Road
Period Flat
- Flat 4, 148 Mere Road
2 Bed Period Flat
Sales Market Trends
The last sale in 148, Mere Road sold for £65,000 on 18th December 2019. Since then prices are up an average of 19.0%.
The current average value in the building is £83,009.
The 148, Mere Road Sales Market has increased by 41.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £83,009 |
| June 2025 | 1.4% | £83,431 |
| June 2024 | -0.3% | £82,309 |
| June 2023 | 1.2% | £82,555 |
| June 2022 | 8% | £81,586 |
| June 2021 | 6.2% | £75,569 |
| June 2020 | 4.1% | £71,187 |
| June 2019 | 4.5% | £68,381 |
| June 2018 | 4.9% | £65,459 |
| June 2017 | 6.2% | £62,417 |
| June 2016 | 5.2% | £58,798 |
| June 2015 | 4.6% | £55,871 |
| June 2014 | 6.4% | £53,407 |
| June 2013 | -0.9% | £50,189 |
| June 2012 | -0.9% | £50,643 |
| June 2011 | -0.9% | £51,103 |
| June 2010 | 5.9% | £51,573 |
| June 2009 | -13.9% | £48,681 |
| June 2008 | -3% | £56,516 |
| June 2007 | 0% | £58,235 |
Rental Market Trends
The current average rental value in the building is £509.
The 148, Mere Road Rental Market has increased by 55.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £509pcm |
| June 2025 | 4.2% | £490pcm |
| June 2024 | 8.6% | £470pcm |
| June 2023 | 7.8% | £433pcm |
| June 2022 | 8.2% | £401pcm |
| June 2021 | 2.8% | £371pcm |
| June 2020 | 3.4% | £361pcm |
| June 2019 | 2.3% | £349pcm |
| June 2018 | 1% | £341pcm |
| June 2017 | 2.7% | £337pcm |
| June 2016 | 2.5% | £328pcm |
| June 2015 | 2.7% | £320pcm |
| June 2014 | 1.8% | £312pcm |
| June 2013 | 0.8% | £306pcm |
| June 2012 | -1.1% | £304pcm |
| June 2011 | 2.7% | £307pcm |
| June 2010 | 3.1% | £299pcm |
| June 2009 | -9.1% | £290pcm |
| June 2008 | 1.9% | £319pcm |
| June 2007 | 0% | £313pcm |
Sales History
The last recorded sale was on 18th December 2019 for £65,000 and since then the market in the area has increased by 19.0%.
148, Mere Road, Leicester, LE5 5GN has had 3 sales since 1995, none of them in the last three years.
- Sold Dec 2019£65,000 | 2 Bed FlatFlat 2, 148, Mere Road, Leicester, LE5 5GNFlat 2, 148, Mere Road, Leicester, LE5 5GN
- Sold Feb 2019£62,250 | 2 Bed FlatFlat 4, 148, Mere Road, Leicester, LE5 5GNFlat 4, 148, Mere Road, Leicester, LE5 5GN
- Sold Jul 2018£62,000 | 2 Bed FlatFlat 2, 148, Mere Road, Leicester, LE5 5GNFlat 2, 148, Mere Road, Leicester, LE5 5GN
Property Types
- 3 period flats built between 1800 and 1911
- 1 other address of unknown type
- period flat (3)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 3 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Dec 2023£555,000 | 2 Bed FlatFlat 1, 254, Mere Road, Leicester, LE5 5GPFlat 1, 254, Mere Road, Leicester, LE5 5GP
- Sold Mar 2018£350,000 | 4 Bed House91, Mere Road, Leicester, LE5 5GQ91, Mere Road, Leicester, LE5 5GQ
- Sold Feb 2024£337,000 | 4 Bed House133, Mere Road, Leicester, LE5 5GQ133, Mere Road, Leicester, LE5 5GQ
Schools Nearby
- Uplands Junior L.E.A.D. Academy300 m away
- Uplands Infant School300 m away
- Medway Community Primary School400 m away
- Moat Community College700 m away
- Madani Girls' School800 m away
- Madani Boys School800 m away
More reading links
Public Transport Nearby
The closest station to 148, Mere Road, Leicester, LE5 5GN is Leicester station, which is 1.0 kilometres away.
- Leicester|1.0 km away
- South Wigston|5.6 km away
- Syston|7.4 km away
- Narborough|9.1 km away
