Mere Road - LE5 3HR
Key Postcode Insights
LE5 3HR is a residential postcode situated on Mere Road, Leicester, LE5 with 63 addresses.
It ranks as the 1354th largest and 18th most expensive of the 1,375 postcodes in the LE5 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 63 properties: 30 houses and 33 flats.
- Ave. Sale Price
- £171,067
- 10 Year change
- up 53.1%
- Ave. Rental Price
- £847pcm
- 10 Year change
- up 66.6%
- Ave. £ per ft²
- £250/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
LE5 3HR is a residential postcode situated on Mere Road, Leicester, LE5 with 63 addresses.
It ranks as the 1354th largest and 18th most expensive of the 1,375 postcodes in the LE5 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 63 properties: 30 houses and 33 flats.
- Ave. Sale Price
- £171,067
- 10 Year change
- up 53.1%
- Ave. Rental Price
- £847pcm
- 10 Year change
- up 66.6%
- Ave. £ per ft²
- £250/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Propertiesin LE5 3HR
- 72 Mere Road
Period Building | 6 Units
- 74 Mere Road
3 Bed Period House
- 76 Mere Road
3 Bed Period House
- 78 Mere Road
House
- 80 Mere Road
4 Bed Period House
Sales Market Trends
The last sale in LE5 3HR sold for £300,000 on 22nd March 2024. Since then prices are up an average of 2.4%.
The current average value in the postcode is £171,067.
The LE5 3HR Sales Market has increased by 53.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.2% | £171,067 |
| June 2025 | 2% | £171,353 |
| June 2024 | -1.3% | £168,053 |
| June 2023 | 2.1% | £170,237 |
| June 2022 | 10.1% | £166,751 |
| June 2021 | 7.7% | £151,421 |
| June 2020 | 4.1% | £140,555 |
| June 2019 | 5.3% | £135,059 |
| June 2018 | 6.7% | £128,290 |
| June 2017 | 7.6% | £120,236 |
| June 2016 | 5.9% | £111,766 |
| June 2015 | 5.4% | £105,517 |
| June 2014 | 6.1% | £100,150 |
| June 2013 | -0.2% | £94,429 |
| June 2012 | -0.5% | £94,580 |
| June 2011 | -0.1% | £95,033 |
| June 2010 | 5.9% | £95,127 |
| June 2009 | -12.8% | £89,808 |
| June 2008 | -3.4% | £103,008 |
| June 2007 | 0% | £106,614 |
Rental Market Trends
The current average rental value in the postcode is £847.
The LE5 3HR Rental Market has increased by 66.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.9% | £847pcm |
| June 2025 | 4.8% | £815pcm |
| June 2024 | 8.3% | £778pcm |
| June 2023 | 8.3% | £718pcm |
| June 2022 | 10.5% | £663pcm |
| June 2021 | 3.6% | £600pcm |
| June 2020 | 4.3% | £579pcm |
| June 2019 | 2.4% | £555pcm |
| June 2018 | 2.5% | £542pcm |
| June 2017 | 3.9% | £529pcm |
| June 2016 | 3.2% | £509pcm |
| June 2015 | 3.2% | £493pcm |
| June 2014 | 1.5% | £478pcm |
| June 2013 | 1.6% | £471pcm |
| June 2012 | -0.3% | £463pcm |
| June 2011 | 2.9% | £465pcm |
| June 2010 | 2.7% | £451pcm |
| June 2009 | -7.6% | £439pcm |
| June 2008 | 1.4% | £476pcm |
| June 2007 | 0% | £469pcm |
Sales History
The last sale was on 22nd March 2024 for £300,000 and since then the market in the area has increased by 2.4%. The postcode has had a total of 19 sales since 1995.
LE5 3HR has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2024£300,000 | 4 Bed House86, Mere Road, Leicester, LE5 3HR86, Mere Road, Leicester, LE5 3HR
- Sold Jan 2022£220,000 | 4 Bed House80, Mere Road, Leicester, LE5 3HR80, Mere Road, Leicester, LE5 3HR
- Sold Jan 2022£300,000 | 4 Bed House112, Mere Road, Leicester, LE5 3HR112, Mere Road, Leicester, LE5 3HR
- Sold Feb 2019£210,000 | 3 Bed House76, Mere Road, Leicester, LE5 3HR76, Mere Road, Leicester, LE5 3HR
- Sold Apr 2017£221,000 | 4 Bed House82, Mere Road, Leicester, LE5 3HR82, Mere Road, Leicester, LE5 3HR
Nearby Postcodes
LE5 3HR is the 1354th largest and the 18th most expensive postcode out of the 1,375 postcodes in the LE5 area.
- LE5 3RS, Prospect Hill, Leicester, LE5LE5 3RS39 Addresses|50 m away
- LE5 3RT, Prospect Hill, Leicester, LE5LE5 3RT52 Addresses|64 m away
- LE5 3HT, Mere Road, Leicester, LE5LE5 3HT18 Addresses|73 m away
- LE5 3JA, St. Saviours Hill, Leicester, LE5LE5 3JA20 Addresses|79 m away
- LE5 3HW, St. Saviours Road, Leicester, LE5LE5 3HW14 Addresses|80 m away
Property Types
- 21 period houses built between 1800 and 1911
- 33 period flats built between 1800 and 1911
- 9 other addresses of unknown type
- period house (21)
- period flat (33)
- Unknown (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 53 properties.
- The most common rating is D.
- A (0)
- E (17)
- B (0)
- F (1)
- C (10)
- G (0)
- D (25)
- No EPC (10)
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
- Sacred Heart Catholic Voluntary Academy200 m away
- Bridge Junior School300 m away
- Green Lane Infant School400 m away
- Moat Community College900 m away
- Madani Girls' School1.1 km away
- Madani Boys School1.1 km away
More reading links
Public Transport Nearby
The closest station to LE5 3HR is Leicester station, which is 1.3 kilometres away.
- Leicester|1.3 km away
- South Wigston|6.3 km away
- Syston|6.7 km away
- Narborough|9.7 km away
