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254, Mere Road, Leicester, LE5 5GP
Home, House Prices, Mere Road, Leicester, East Midlands
254, Mere Road

254, Mere Road - LE5 5GP

Last updated Aug 2026

Key Building Insights

254, Mere Road is a residential building situated on Mere Road, Leicester, LE5 with 8 addresses.

It ranks as the 489th largest and 87th most expensive of the 562 buildings in the LE5 area. The most common property type is a modern flat built after 1980.

The building contains a total of 8 properties: 8 flats.

Ave. Sale Price
£84,470
10 Year change
up 38.0%
Ave. Rental Price
£495pcm
10 Year change
up 52.1%
Ave. £ per ft²
£129/ft²
Ave. Gross Yield
7.0%/year/yr
All figures are subject to T&Cs
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Explore Properties on Mere Road, Leicester, LE5

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Sales Market Trends

The last sale in 254, Mere Road sold for £555,000 on 8th December 2023. Since then prices are up an average of 50.8%.

The current average value in the building is £84,470.
The 254, Mere Road Sales Market has increased by 38.0% over the last 10 years.

PeriodYear on YearAverage Price
June 2026-0.4%£84,470
June 20251.1%£84,828
June 20240.1%£83,919
June 20230.6%£83,868
June 20227.7%£83,363
June 20215.7%£77,412
June 20203.9%£73,205
June 20194%£70,444
June 20184.4%£67,759
June 20176%£64,922
June 20165.4%£61,220
June 20154.6%£58,074
June 20146.6%£55,542
June 2013-0.9%£52,082
June 2012-0.9%£52,572
June 2011-1.2%£53,061
June 20106.4%£53,688
June 2009-13.9%£50,476
June 2008-3%£58,633
June 20070%£60,462
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Rental Market Trends

The current average rental value in the building is £495.
The 254, Mere Road Rental Market has increased by 52.1% over the last 10 years.

PeriodYear on YearAverage Price
June 20264.1%£495pcm
June 20254%£475pcm
June 20248.5%£457pcm
June 20237.5%£421pcm
June 20227.6%£392pcm
June 20213.2%£364pcm
June 20202.8%£353pcm
June 20192.1%£343pcm
June 20180.7%£336pcm
June 20172.6%£334pcm
June 20162.7%£325pcm
June 20152.6%£317pcm
June 20141.9%£309pcm
June 20130.8%£303pcm
June 2012-1.2%£300pcm
June 20112.9%£304pcm
June 20103.6%£296pcm
June 2009-9.2%£285pcm
June 20081.9%£314pcm
June 20070%£308pcm
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Sales History

The last recorded sale was on 8th December 2023 for £555,000 and since then the market in the area has increased by 50.8%.

254, Mere Road, Leicester, LE5 5GP has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.

properties list title title

Property Types

  • 8 modern flats built after 1980
  • modern flat (8)
Energy Efficiency

Energy Efficiency

  • Energy Performance Certificate (EPC) surveys have been conducted for 8 properties.
  • The most common rating is D.
  • A (0)
  • E (0)
  • B (1)
  • F (0)
  • C (2)
  • G (0)
  • D (5)
  • No EPC (0)
properties list title title

Top 3 Most Expensive Sales

Schools Nearby

Schools Nearby

The nearest primary school to 254, Mere Road, Leicester, LE5 5GP is Medway Community Primary School, which is 400 metres away.
  • Medway Community Primary School
    400 m away
  • Uplands Junior L.E.A.D. Academy
    600 m away
  • Uplands Infant School
    600 m away
The nearest secondary school is Madani Girls' School, which is 600 metres away.
  • Madani Girls' School
    600 m away
  • Madani Boys School
    600 m away
  • Moat Community College
    900 m away
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Schools and house prices
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearby

The closest station to 254, Mere Road, Leicester, LE5 5GP is Leicester station, which is 1.2 kilometres away.

  • Leicester
    |
    1.2 km away
  • South Wigston
    |
    5.4 km away
  • Syston
    |
    7.6 km away
  • Narborough
    |
    9.0 km away
Source: National Rail
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