Mere Road - LE18 3RL
Key Postcode Insights
LE18 3RL is a residential postcode situated on Mere Road, Wigston, LE18 with 57 addresses.
It ranks as the 638th largest and 496th most expensive of the 649 postcodes in the LE18 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 57 properties: 57 houses.
- Ave. Sale Price
- £311,740
- 10 Year change
- up 47.3%
- Ave. Rental Price
- £1,179pcm
- 10 Year change
- up 62.8%
- Ave. £ per ft²
- £289/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
LE18 3RL is a residential postcode situated on Mere Road, Wigston, LE18 with 57 addresses.
It ranks as the 638th largest and 496th most expensive of the 649 postcodes in the LE18 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 57 properties: 57 houses.
- Ave. Sale Price
- £311,740
- 10 Year change
- up 47.3%
- Ave. Rental Price
- £1,179pcm
- 10 Year change
- up 62.8%
- Ave. £ per ft²
- £289/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Propertiesin LE18 3RL
- 52 Mere Road
House
- 54 Mere Road
4 Bed Mid-century House
- 56 Mere Road
3 Bed Early-century House
- 58 Mere Road
3 Bed Period House
- 60 Mere Road
3 Bed Early-century House
Sales Market Trends
The last sale in LE18 3RL sold for £267,000 on 9th October 2025. Since then prices are down an average of 0.9%.
The current average value in the postcode is £311,740.
The LE18 3RL Sales Market has increased by 47.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.4% | £311,740 |
| June 2025 | 1.3% | £316,304 |
| June 2024 | 0.9% | £312,360 |
| June 2023 | 0.3% | £309,469 |
| June 2022 | 10.4% | £308,519 |
| June 2021 | 7.1% | £279,431 |
| June 2020 | 3.3% | £260,964 |
| June 2019 | 5.1% | £252,723 |
| June 2018 | 5.5% | £240,480 |
| June 2017 | 7.7% | £227,975 |
| June 2016 | 7.5% | £211,669 |
| June 2015 | 5.6% | £196,836 |
| June 2014 | 7.4% | £186,453 |
| June 2013 | 1.2% | £173,605 |
| June 2012 | -0.3% | £171,568 |
| June 2011 | -1.4% | £172,165 |
| June 2010 | 11.2% | £174,683 |
| June 2009 | -11.3% | £157,152 |
| June 2008 | -5.4% | £177,102 |
| June 2007 | 0% | £187,256 |
Rental Market Trends
The current average rental value in the postcode is £1,179.
The LE18 3RL Rental Market has increased by 62.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £1,179pcm |
| June 2025 | 5.2% | £1,140pcm |
| June 2024 | 7% | £1,083pcm |
| June 2023 | 9.3% | £1,012pcm |
| June 2022 | 7.2% | £925pcm |
| June 2021 | 6.9% | £863pcm |
| June 2020 | 1.5% | £807pcm |
| June 2019 | 2.6% | £796pcm |
| June 2018 | 3.5% | £775pcm |
| June 2017 | 3.4% | £749pcm |
| June 2016 | 4.2% | £724pcm |
| June 2015 | 3.1% | £695pcm |
| June 2014 | 2.4% | £674pcm |
| June 2013 | 2% | £658pcm |
| June 2012 | -0.6% | £645pcm |
| June 2011 | 4.6% | £649pcm |
| June 2010 | 8.3% | £621pcm |
| June 2009 | -5.7% | £573pcm |
| June 2008 | 1.6% | £607pcm |
| June 2007 | 0% | £598pcm |
Sales History
The last sale was on 9th October 2025 for £267,000 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 49 sales since 1995.
LE18 3RL has seen 5 sales in the last three years and 1 sale in the last twelve months.
- Sold Oct 2025£267,000 | 3 Bed House98, Mere Road, Wigston, LE18 3RL98, Mere Road, Wigston, LE18 3RL
- Sold Jul 2025£320,000 | 4 Bed House54, Mere Road, Wigston, LE18 3RL54, Mere Road, Wigston, LE18 3RL
- Sold Jun 2025£313,000 | 3 Bed House60, Mere Road, Wigston, LE18 3RL60, Mere Road, Wigston, LE18 3RL
- Sold Mar 2025£425,000 | 4 Bed House144, Mere Road, Wigston, LE18 3RL144, Mere Road, Wigston, LE18 3RL
- Sold Jul 2023£335,000 | 3 Bed House106, Mere Road, Wigston, LE18 3RL106, Mere Road, Wigston, LE18 3RL
Nearby Postcodes
LE18 3RL is the 638th largest and the 496th most expensive postcode out of the 649 postcodes in the LE18 area.
- LE18 3RN, Mere Road, Wigston, LE18LE18 3RN62 Addresses|31 m away
- LE18 3RG, Grasmere Road, Wigston, LE18LE18 3RG26 Addresses|66 m away
- LE18 3RT, Windermere Road, Wigston, LE18LE18 3RT12 Addresses|138 m away
- LE18 3WG, Emberton Close, Wigston, LE18LE18 3WG16 Addresses|170 m away
- LE18 3WB, Harrington Road, Wigston, LE18LE18 3WB48 Addresses|191 m away
Property Types
- 1 period house built between 1800 and 1911
- 11 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 12 early-century houses built between 1912 and 1935
- 32 other addresses of unknown type
- period house (1)
- mid-century house (11)
- house (1)
- early-century house (12)
- Unknown (32)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 24 properties.
- The most common rating is D.
- A (0)
- E (8)
- B (0)
- F (0)
- C (2)
- G (0)
- D (14)
- No EPC (33)
Top 3 Most Expensive Sales
- Sold Mar 2023£525,000 | 4 Bed House61, Mere Road, Wigston, LE18 3RN61, Mere Road, Wigston, LE18 3RN
- Sold Mar 2025£425,000 | 4 Bed House144, Mere Road, Wigston, LE18 3RL144, Mere Road, Wigston, LE18 3RL
- Sold Mar 2023£410,000 | 4 Bed House9, Mere Road, Wigston, LE18 3RJ9, Mere Road, Wigston, LE18 3RJ
Schools Nearby
- Glenmere Community Primary School300 m away
- The Meadow Community Primary School300 m away
- Saint John Fisher Catholic Voluntary Academy, Wigston, Leicestershire500 m away
- Gartree High School1.3 km away
- Beauchamp College1.4 km away
- Wigston Academy1.7 km away
More reading links
Public Transport Nearby
The closest station to LE18 3RL is South Wigston station, which is 2.8 kilometres away.
- South Wigston|2.8 km away
- Leicester|5.4 km away
- Narborough|7.7 km away
- Syston|12.0 km away
