Mere Road - LE5 3HQ
Key Postcode Insights
LE5 3HQ is a residential postcode situated on Mere Road, Leicester, LE5 with 38 addresses.
It ranks as the 1172nd largest and 269th most expensive of the 1,375 postcodes in the LE5 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 38 properties: 29 houses and 9 flats.
- Ave. Sale Price
- £192,958
- 10 Year change
- up 57.8%
- Ave. Rental Price
- £988pcm
- 10 Year change
- up 71.7%
- Ave. £ per ft²
- £196/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
LE5 3HQ is a residential postcode situated on Mere Road, Leicester, LE5 with 38 addresses.
It ranks as the 1172nd largest and 269th most expensive of the 1,375 postcodes in the LE5 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 38 properties: 29 houses and 9 flats.
- Ave. Sale Price
- £192,958
- 10 Year change
- up 57.8%
- Ave. Rental Price
- £988pcm
- 10 Year change
- up 71.7%
- Ave. £ per ft²
- £196/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertiesin LE5 3HQ
- 2 Mere Road
Unknown
- 4 Mere Road
3 Bed Period House
- 6 Mere Road
3 Bed Period House
- 8 Mere Road
4 Bed Period House
- 10 Mere Road
3 Bed Period House
Sales Market Trends
The last sale in LE5 3HQ sold for £230,000 on 31st March 2023. Since then prices have on average remained the same.
The current average value in the postcode is £192,958.
The LE5 3HQ Sales Market has increased by 57.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.1% | £192,958 |
| June 2025 | 2.2% | £193,102 |
| June 2024 | -1.6% | £188,969 |
| June 2023 | 2.3% | £192,026 |
| June 2022 | 11% | £187,629 |
| June 2021 | 8.4% | £169,106 |
| June 2020 | 4.1% | £155,939 |
| June 2019 | 5.3% | £149,813 |
| June 2018 | 7.6% | £142,226 |
| June 2017 | 8.1% | £132,193 |
| June 2016 | 6.4% | £122,297 |
| June 2015 | 5.6% | £114,970 |
| June 2014 | 6% | £108,858 |
| June 2013 | 0.3% | £102,659 |
| June 2012 | -0.1% | £102,370 |
| June 2011 | 0.2% | £102,516 |
| June 2010 | 6.2% | £102,360 |
| June 2009 | -12.1% | £96,367 |
| June 2008 | -3.6% | £109,661 |
| June 2007 | 0% | £113,712 |
Rental Market Trends
The current average rental value in the postcode is £988.
The LE5 3HQ Rental Market has increased by 71.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4% | £988pcm |
| June 2025 | 5.1% | £951pcm |
| June 2024 | 8% | £905pcm |
| June 2023 | 8.6% | £838pcm |
| June 2022 | 11.3% | £771pcm |
| June 2021 | 4.3% | £693pcm |
| June 2020 | 4.3% | £665pcm |
| June 2019 | 2.5% | £637pcm |
| June 2018 | 3.4% | £622pcm |
| June 2017 | 4.4% | £601pcm |
| June 2016 | 3.6% | £576pcm |
| June 2015 | 3.4% | £556pcm |
| June 2014 | 1.5% | £537pcm |
| June 2013 | 2.1% | £529pcm |
| June 2012 | 0% | £519pcm |
| June 2011 | 3.2% | £519pcm |
| June 2010 | 3% | £503pcm |
| June 2009 | -6.9% | £488pcm |
| June 2008 | 1.2% | £524pcm |
| June 2007 | 0% | £518pcm |
Sales History
The last sale was on 31st March 2023 for £230,000 and since then the market in the area has remained stable. The postcode has had a total of 18 sales since 1995.
LE5 3HQ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2023£230,000 | 4 Bed House64, Mere Road, Leicester, LE5 3HQ64, Mere Road, Leicester, LE5 3HQ
- Sold Feb 2019£118,000 | 3 Bed House4, Mere Road, Leicester, LE5 3HQ4, Mere Road, Leicester, LE5 3HQ
- Sold Aug 2018£185,000 | 4 Bed House52, Mere Road, Leicester, LE5 3HQ52, Mere Road, Leicester, LE5 3HQ
- Sold Mar 2016£130,000 | 4 Bed House52, Mere Road, Leicester, LE5 3HQ52, Mere Road, Leicester, LE5 3HQ
- Sold Oct 2015£140,000 | 3 Bed House62, Mere Road, Leicester, LE5 3HQ62, Mere Road, Leicester, LE5 3HQ
Nearby Postcodes
LE5 3HQ is the 1172nd largest and the 269th most expensive postcode out of the 1,375 postcodes in the LE5 area.
- LE5 3RR, Prospect Road, Leicester, LE5LE5 3RR25 Addresses|47 m away
- LE5 3HS, Mere Road, Leicester, LE5LE5 3HS16 Addresses|50 m away
- LE5 3HL, Brambling Road, Leicester, LE5LE5 3HL22 Addresses|53 m away
- LE5 3JB, Wood Hill, Leicester, LE5LE5 3JB12 Addresses|85 m away
- LE5 3FA, Whinchat Road, Leicester, LE5LE5 3FA3 Addresses|96 m away
Property Types
- 24 period houses built between 1800 and 1911
- 9 period flats built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- 4 other addresses of unknown type
- period house (24)
- period flat (9)
- mid-century house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 27 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (0)
- C (2)
- G (0)
- D (21)
- No EPC (11)
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
- Bridge Junior School100 m away
- Sacred Heart Catholic Voluntary Academy100 m away
- Green Lane Infant School200 m away
- Moat Community College1.1 km away
- Madani Girls' School1.3 km away
- Madani Boys School1.3 km away
More reading links
Public Transport Nearby
The closest station to LE5 3HQ is Leicester station, which is 1.5 kilometres away.
- Leicester|1.5 km away
- Syston|6.4 km away
- South Wigston|6.6 km away
- Narborough|9.9 km away
