Mere Road - LE5 3HS
Key Postcode Insights
LE5 3HS is a residential postcode situated on Mere Road, Leicester, LE5 with 16 addresses.
It ranks as the 448th largest and 76th 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 16 properties: 7 houses and 9 flats.
- Ave. Sale Price
- £168,854
- 10 Year change
- up 57.9%
- Ave. Rental Price
- £886pcm
- 10 Year change
- up 71.9%
- Ave. £ per ft²
- £195/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
LE5 3HS is a residential postcode situated on Mere Road, Leicester, LE5 with 16 addresses.
It ranks as the 448th largest and 76th 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 16 properties: 7 houses and 9 flats.
- Ave. Sale Price
- £168,854
- 10 Year change
- up 57.9%
- Ave. Rental Price
- £886pcm
- 10 Year change
- up 71.9%
- Ave. £ per ft²
- £195/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertiesin LE5 3HS
- 25 Mere Road
Unknown
- 31 Mere Road
Building | 3 Flats
- 33 Mere Road
4 Bed Period House
- 35 Mere Road
4 Bed Period House
- 37 Mere Road
3 Bed Period House
Sales Market Trends
The last sale in LE5 3HS sold for £245,000 on 26th July 2024. Since then prices are up an average of 1.6%.
The current average value in the postcode is £168,854.
The LE5 3HS Sales Market has increased by 57.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.1% | £168,854 |
| June 2025 | 2.2% | £169,010 |
| June 2024 | -1.5% | £165,365 |
| June 2023 | 2.4% | £167,945 |
| June 2022 | 10.9% | £164,039 |
| June 2021 | 8.6% | £147,967 |
| June 2020 | 4% | £136,299 |
| June 2019 | 5.3% | £131,090 |
| June 2018 | 7.7% | £124,490 |
| June 2017 | 8.2% | £115,636 |
| June 2016 | 6.6% | £106,913 |
| June 2015 | 5.6% | £100,317 |
| June 2014 | 6% | £95,034 |
| June 2013 | 0.4% | £89,674 |
| June 2012 | 0% | £89,357 |
| June 2011 | 0.3% | £89,388 |
| June 2010 | 6.6% | £89,148 |
| June 2009 | -11.6% | £83,602 |
| June 2008 | -3.7% | £94,615 |
| June 2007 | 0% | £98,227 |
Rental Market Trends
The current average rental value in the postcode is £886.
The LE5 3HS Rental Market has increased by 71.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4% | £886pcm |
| June 2025 | 5.1% | £852pcm |
| June 2024 | 8.1% | £811pcm |
| June 2023 | 8.6% | £750pcm |
| June 2022 | 11.2% | £690pcm |
| June 2021 | 4.4% | £621pcm |
| June 2020 | 4.2% | £595pcm |
| June 2019 | 2.5% | £571pcm |
| June 2018 | 3.5% | £557pcm |
| June 2017 | 4.5% | £538pcm |
| June 2016 | 3.8% | £515pcm |
| June 2015 | 3.4% | £496pcm |
| June 2014 | 1.4% | £480pcm |
| June 2013 | 2.1% | £474pcm |
| June 2012 | 0.1% | £464pcm |
| June 2011 | 3.3% | £463pcm |
| June 2010 | 3.4% | £448pcm |
| June 2009 | -6.4% | £433pcm |
| June 2008 | 1.1% | £463pcm |
| June 2007 | 0% | £458pcm |
Sales History
The last sale was on 26th July 2024 for £245,000 and since then the market in the area has increased by 1.6%. The postcode has had a total of 8 sales since 1995.
LE5 3HS has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jul 2024£245,000 | 4 Bed House47, Mere Road, Leicester, LE5 3HS47, Mere Road, Leicester, LE5 3HS
- Sold Dec 2020£188,000 | 4 Bed House47, Mere Road, Leicester, LE5 3HS47, Mere Road, Leicester, LE5 3HS
- Sold Jul 2017£128,000 | 4 Bed House47, Mere Road, Leicester, LE5 3HS47, Mere Road, Leicester, LE5 3HS
- Sold Jan 2006£136,000 | 4 Bed House47, Mere Road, Leicester, LE5 3HS47, Mere Road, Leicester, LE5 3HS
- Sold Mar 2002£72,500 | 4 Bed House41, Mere Road, Leicester, LE5 3HS41, Mere Road, Leicester, LE5 3HS
Nearby Postcodes
LE5 3HS is the 448th largest and the 76th most expensive postcode out of the 1,375 postcodes in the LE5 area.
- LE5 3JB, Wood Hill, Leicester, LE5LE5 3JB12 Addresses|37 m away
- LE5 3HQ, Mere Road, Leicester, LE5LE5 3HQ38 Addresses|50 m away
- LE5 3FA, Whinchat Road, Leicester, LE5LE5 3FA3 Addresses|56 m away
- LE5 3RR, Prospect Road, Leicester, LE5LE5 3RR25 Addresses|68 m away
- LE5 3HL, Brambling Road, Leicester, LE5LE5 3HL22 Addresses|103 m away
Property Types
- 6 period houses built between 1800 and 1911
- 6 period flats built between 1800 and 1911
- 3 modern flats built after 1980
- 1 other address of unknown type
- period house (6)
- period flat (6)
- modern flat (3)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (1)
- G (0)
- D (6)
- No EPC (7)
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 Academy100 m away
- Bridge Junior School100 m away
- Green Lane Infant School300 m away
- Moat Community College1.0 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 3HS is Leicester station, which is 1.4 kilometres away.
- Leicester|1.4 km away
- Syston|6.5 km away
- South Wigston|6.5 km away
- Narborough|9.9 km away
