Mere Road - LE5 3HT
Key Postcode Insights
LE5 3HT is a residential postcode situated on Mere Road, Leicester, LE5 with 18 addresses.
It ranks as the 525th largest and 929th 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 18 properties: 12 houses and 6 flats.
- Ave. Sale Price
- £240,551
- 10 Year change
- up 54.7%
- Ave. Rental Price
- £1,127pcm
- 10 Year change
- up 68.3%
- Ave. £ per ft²
- £239/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
LE5 3HT is a residential postcode situated on Mere Road, Leicester, LE5 with 18 addresses.
It ranks as the 525th largest and 929th 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 18 properties: 12 houses and 6 flats.
- Ave. Sale Price
- £240,551
- 10 Year change
- up 54.7%
- Ave. Rental Price
- £1,127pcm
- 10 Year change
- up 68.3%
- Ave. £ per ft²
- £239/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertiesin LE5 3HT
- 49 Mere Road
House
- 51 Mere Road
4 Bed Period House
- 53 Mere Road
4 Bed Period House
- 55 Mere Road
4 Bed Period House
- 57 Mere Road
3 Bed Period House
Sales Market Trends
The last sale in LE5 3HT sold for £252,500 on 8th October 2025. Since then prices are up an average of 43.1%.
The current average value in the postcode is £240,551.
The LE5 3HT Sales Market has increased by 54.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.1% | £240,551 |
| June 2025 | 2% | £240,794 |
| June 2024 | -1.4% | £236,007 |
| June 2023 | 2.2% | £239,350 |
| June 2022 | 10.4% | £234,298 |
| June 2021 | 8% | £212,147 |
| June 2020 | 4.1% | £196,441 |
| June 2019 | 5.3% | £188,792 |
| June 2018 | 7% | £179,334 |
| June 2017 | 7.8% | £167,585 |
| June 2016 | 6.1% | £155,485 |
| June 2015 | 5.4% | £146,527 |
| June 2014 | 6.1% | £138,957 |
| June 2013 | 0% | £131,028 |
| June 2012 | -0.3% | £131,017 |
| June 2011 | 0% | £131,475 |
| June 2010 | 6% | £131,485 |
| June 2009 | -12.6% | £124,014 |
| June 2008 | -3.4% | £141,832 |
| June 2007 | 0% | £146,898 |
Rental Market Trends
The current average rental value in the postcode is £1,127.
The LE5 3HT Rental Market has increased by 68.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.9% | £1,127pcm |
| June 2025 | 4.9% | £1,084pcm |
| June 2024 | 8.2% | £1,033pcm |
| June 2023 | 8.4% | £955pcm |
| June 2022 | 10.8% | £881pcm |
| June 2021 | 3.8% | £795pcm |
| June 2020 | 4.3% | £766pcm |
| June 2019 | 2.4% | £734pcm |
| June 2018 | 2.8% | £717pcm |
| June 2017 | 4.1% | £697pcm |
| June 2016 | 3.3% | £669pcm |
| June 2015 | 3.3% | £648pcm |
| June 2014 | 1.5% | £627pcm |
| June 2013 | 1.8% | £618pcm |
| June 2012 | -0.2% | £607pcm |
| June 2011 | 3% | £608pcm |
| June 2010 | 2.8% | £590pcm |
| June 2009 | -7.4% | £574pcm |
| June 2008 | 1.3% | £620pcm |
| June 2007 | 0% | £612pcm |
Sales History
The last sale was on 8th October 2025 for £252,500 and since then the market in the area has increased by 43.1%. The postcode has had a total of 10 sales since 1995.
LE5 3HT has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Oct 2025£252,500 | 3 Bed House59, Mere Road, Leicester, LE5 3HT59, Mere Road, Leicester, LE5 3HT
- Sold Aug 2017£220,000 | 4 Bed House51, Mere Road, Leicester, LE5 3HT51, Mere Road, Leicester, LE5 3HT
- Sold Sep 2014£157,000 | 4 Bed House81, Mere Road, Leicester, LE5 3HT81, Mere Road, Leicester, LE5 3HT
- Sold Oct 2012£124,500 | 4 Bed House77, Mere Road, Leicester, LE5 3HT77, Mere Road, Leicester, LE5 3HT
- Sold Aug 2007£245,000 | 4 Bed House51, Mere Road, Leicester, LE5 3HT51, Mere Road, Leicester, LE5 3HT
Nearby Postcodes
LE5 3HT is the 525th largest and the 929th most expensive postcode out of the 1,375 postcodes in the LE5 area.
- LE5 3HW, St. Saviours Road, Leicester, LE5LE5 3HW14 Addresses|27 m away
- LE5 3HD, Fern Bank, Leicester, LE5LE5 3HD10 Addresses|48 m away
- LE5 3HX, St. Saviours Road, Leicester, LE5LE5 3HX13 Addresses|55 m away
- LE5 3RS, Prospect Hill, Leicester, LE5LE5 3RS39 Addresses|64 m away
- LE5 3HR, Mere Road, Leicester, LE5LE5 3HR63 Addresses|73 m away
Property Types
- 11 period houses built between 1800 and 1911
- 6 period flats built between 1800 and 1911
- 1 other address of unknown type
- period house (11)
- period flat (6)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is E.
- A (0)
- E (5)
- B (0)
- F (1)
- C (1)
- G (0)
- D (4)
- 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 Academy200 m away
- Bridge Junior School200 m away
- Green Lane Infant School400 m away
- Moat Community College900 m away
- Madani Girls' School1.2 km away
- Madani Boys School1.2 km away
More reading links
Public Transport Nearby
The closest station to LE5 3HT is Leicester station, which is 1.3 kilometres away.
- Leicester|1.3 km away
- South Wigston|6.4 km away
- Syston|6.6 km away
- Narborough|9.7 km away
