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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
LE2 5GBHouse Prices / East Midlands, Oadby and Wigston, Mercia Drive
Last updated May 2026
Key Postcode Insights
LE2 5GB is a residential postcode situated on Mercia Drive, Oadby, Leicester, LE2 with 13 addresses.
It ranks as the 460th largest and 1210th most expensive of the 1,974 postcodes in the LE2 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 13 properties: 13 houses.
13
Properties
- Houses
Key Postcode Insights
LE2 5GB is a residential postcode situated on Mercia Drive, Oadby, Leicester, LE2 with 13 addresses.
It ranks as the 460th largest and 1210th most expensive of the 1,974 postcodes in the LE2 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 13 properties: 13 houses.
13
Properties
- Houses
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House Pricesin LE2 5GB
Sale prices range from £219,944 for 2 bedroom freehold houses with a garden (538 ft2) to £410,605 for 4 bedroom freehold houses with a garden (1,689 ft2) .
Monthly rental prices range from £887 pcm for 2 bed houses to £1,413 pcm for 4 bed houses.
The gross rental yield is between 4.1% and 4.9%.
The average value per square foot is £330.
Average Sale Value
£273,296
Average Rental Value
£1,069 pcm
Average Rental Yield
4.7% /year
Average Value Per Sqft
£330 /ft2
Sales Market Trendsin LE2 5GB
The last sale in LE2 5GB sold for £217,000 on 31st October 2025. Since then prices are down an average of 1.5%.
The current average value in the postcode is £273,296.
The LE2 5GB Sales Market has increased by 48.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2% | £273,296 |
| April 2025 | 2.1% | £278,987 |
| April 2024 | -0.9% | £273,326 |
| April 2023 | 3.8% | £275,678 |
| April 2022 | 8.7% | £265,550 |
| April 2021 | 7.8% | £244,347 |
| April 2020 | 3.3% | £226,752 |
| April 2019 | 5% | £219,513 |
| April 2018 | 6.1% | £209,063 |
| April 2017 | 6.7% | £196,974 |
| April 2016 | 7.1% | £184,624 |
| April 2015 | 5.1% | £172,313 |
| April 2014 | 7.7% | £163,921 |
| April 2013 | 1.3% | £152,217 |
| April 2012 | -0.5% | £150,207 |
| April 2011 | -0.1% | £150,909 |
| April 2010 | 7.8% | £151,072 |
| April 2009 | -12.9% | £140,143 |
| April 2008 | -1.2% | £160,879 |
| April 2007 | 0% | £162,855 |
Rental Market Trendsin LE2 5GB
The current average rental value in the postcode is £1,069.
The LE2 5GB Rental Market has increased by 61.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £1,069pcm |
| April 2025 | 4.7% | £1,043pcm |
| April 2024 | 7.1% | £996pcm |
| April 2023 | 9.8% | £930pcm |
| April 2022 | 7.6% | £847pcm |
| April 2021 | 6.7% | £787pcm |
| April 2020 | 1.1% | £738pcm |
| April 2019 | 3.6% | £729pcm |
| April 2018 | 3% | £704pcm |
| April 2017 | 3.4% | £683pcm |
| April 2016 | 4.3% | £661pcm |
| April 2015 | 3.3% | £633pcm |
| April 2014 | 3.2% | £613pcm |
| April 2013 | 2.6% | £594pcm |
| April 2012 | -1% | £579pcm |
| April 2011 | 5.2% | £585pcm |
| April 2010 | 5.4% | £556pcm |
| April 2009 | -6% | £527pcm |
| April 2008 | 2.7% | £561pcm |
| April 2007 | 0% | £546pcm |
Explore Propertiesin LE2 5GB, Mercia Drive, Oadby, Leicester, LE2
- 1, Mercia Drive, Leicester, LE2 5GB
- 2, Mercia Drive, Leicester, LE2 5GB
- 3, Mercia Drive, Leicester, LE2 5GB
- 4, Mercia Drive, Leicester, LE2 5GB2 bed mid-century house
- 5, Mercia Drive, Leicester, LE2 5GB3 bed mid-century house
- 6, Mercia Drive, Leicester, LE2 5GB2 bed mid-century house
- 7, Mercia Drive, Leicester, LE2 5GB3 bed mid-century house
- 8, Mercia Drive, Leicester, LE2 5GB2 bed mid-century house
- 9, Mercia Drive, Leicester, LE2 5GB3 bed mid-century house
- 10, Mercia Drive, Leicester, LE2 5GB3 bed mid-century house
- 11, Mercia Drive, Leicester, LE2 5GB3 bed house
- 13, Mercia Drive, Leicester, LE2 5GB4 bed mid-century house
- 15, Mercia Drive, Leicester, LE2 5GB3 bed early-century house
Sales Historyin LE2 5GB
The last sale was on 31st October 2025 for £217,000 and since then the market in the area has decreased by 1.5%. The postcode has had a total of 16 sales since 1995.
LE2 5GB has seen 2 sales in the last three years and 1 sale in the last twelve months.
Sold Oct 2025£217,000 | 2 Bed HouseMercia Drive4, Mercia Drive, Leicester, LE2 5GB
Sold Oct 2024£280,000 | 4 Bed HouseMercia Drive13, Mercia Drive, Leicester, LE2 5GB
Sold May 2022£290,000 | 3 Bed HouseMercia Drive9, Mercia Drive, Leicester, LE2 5GB
Sold Sep 2021£230,000 | 2 Bed HouseMercia Drive8, Mercia Drive, Leicester, LE2 5GB
Sold Nov 2016£168,500 | 3 Bed HouseMercia Drive5, Mercia Drive, Leicester, LE2 5GB
Sold Mar 2014£85,000 | 3 Bed HouseMercia Drive10, Mercia Drive, Leicester, LE2 5GB
Sold Jul 2009£148,800 | 3 Bed HouseMercia Drive7, Mercia Drive, Leicester, LE2 5GB
Sold Dec 2008£130,000 | 3 Bed HouseMercia Drive15, Mercia Drive, Leicester, LE2 5GB
Sold May 2007£158,000 | 3 Bed HouseMercia Drive11, Mercia Drive, Leicester, LE2 5GB
Sold Jun 2006£160,000 | 2 Bed HouseMercia Drive8, Mercia Drive, Leicester, LE2 5GB
Sold Jul 2004£156,750 | 2 Bed HouseMercia Drive6, Mercia Drive, Leicester, LE2 5GB
Sold Nov 2003£170,000 | 4 Bed HouseMercia Drive13, Mercia Drive, Leicester, LE2 5GB
Sold Oct 2003£139,000 | 3 Bed HouseMercia Drive15, Mercia Drive, Leicester, LE2 5GB
Sold Jul 2003£101,000 | 2 Bed HouseMercia Drive6, Mercia Drive, Leicester, LE2 5GB
Sold Dec 1995£54,000 | 3 Bed HouseMercia Drive3, Mercia Drive, Leicester, LE2 5GB
Sold Sep 1995£48,000 | 2 Bed HouseMercia Drive4, Mercia Drive, Leicester, LE2 5GB
Nearby Postcodesto LE2 5GB
LE2 5GB is the 460th largest and the 1210th most expensive postcode out of the 1,974 postcodes in the LE2 area.
- 63 mLE2 5FA, Brampton Way, Oadby, Leicester, LE2LE2 5FA12 Addresses
- 67 mLE2 5FE, Foxhunter Drive, Oadby, Leicester, LE2LE2 5FE28 Addresses
- 83 mLE2 5FQ, Kilburn Avenue, Oadby, Leicester, LE2LE2 5FQ19 Addresses
- 103 mLE2 5FG, Foxhunter Drive, Oadby, Leicester, LE2LE2 5FG32 Addresses
- 119 mLE2 5GJ, Seagrave Drive, Oadby, Leicester, LE2LE2 5GJ28 Addresses
- 123 mLE2 5GH, Seagrave Drive, Oadby, Leicester, LE2LE2 5GH26 Addresses
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Property Typesin LE2 5GB
- 8 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 1 early-century house built between 1912 and 1935
- 3 other addresses of unknown type
- mid-century house (8)
- house (1)
- early-century house (1)
- Unknown (3)
Energy Efficiencyof properties in LE2 5GB
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The dominant rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (3)
- G (0)
- D (4)
- No EPC (4)
Schools Nearbyto LE2 5GB
The nearest primary school to LE2 5GB is Langmoor Primary School Oadby which is 453 metres away.
- 453mLangmoor Primary School Oadby
- 816mLaunde Primary School
- 999mSaint John Fisher Catholic Voluntary Academy, Wigston, Leicestershire
The nearest secondary school is Gartree High School which is 1.7 kilometres away.
- 1.7kmGartree High School
- 1.8kmBeauchamp College
- 2.0kmManor High School
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Public Transport Nearbyto LE2 5GB
The closest station to LE2 5GB is South Wigston station which is 3.6 kilometres away.
- 3.6kmSouth Wigston
- 4.2kmLeicester
- 8.3kmNarborough
- 10.5kmSyston
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