Mere Road - LE5 5GN
Key Postcode Insights
LE5 5GN is a residential postcode situated on Mere Road, Leicester, LE5 with 39 addresses.
It ranks as the 1198th largest and 803rd 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 39 properties: 25 houses and 14 flats.
- Ave. Sale Price
- £227,122
- 10 Year change
- up 48.0%
- Ave. Rental Price
- £1,124pcm
- 10 Year change
- up 62.5%
- Ave. £ per ft²
- £198/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
LE5 5GN is a residential postcode situated on Mere Road, Leicester, LE5 with 39 addresses.
It ranks as the 1198th largest and 803rd 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 39 properties: 25 houses and 14 flats.
- Ave. Sale Price
- £227,122
- 10 Year change
- up 48.0%
- Ave. Rental Price
- £1,124pcm
- 10 Year change
- up 62.5%
- Ave. £ per ft²
- £198/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Propertiesin LE5 5GN
- 136 Mere Road
5 Bed Period House
- 138 Mere Road
Building  |  4 Flats
- 140 Mere Road
Unknown
- 142 Mere Road
5 Bed Period House
- 144 Mere Road
5 Bed Period House
Sales Market Trends
The last sale in LE5 5GN sold for £260,500 on 22nd April 2026. Since then prices are up an average of 0.8%.
The current average value in the postcode is £227,122.
The LE5 5GN Sales Market has increased by 48.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £227,122 |
| June 2025 | 1.8% | £228,335 |
| June 2024 | -0.7% | £224,229 |
| June 2023 | 1.7% | £225,778 |
| June 2022 | 9% | £221,901 |
| June 2021 | 7.3% | £203,605 |
| June 2020 | 4.1% | £189,742 |
| June 2019 | 4.6% | £182,253 |
| June 2018 | 6.2% | £174,216 |
| June 2017 | 6.9% | £163,992 |
| June 2016 | 6% | £153,413 |
| June 2015 | 4.9% | £144,724 |
| June 2014 | 6.3% | £137,996 |
| June 2013 | -0.3% | £129,793 |
| June 2012 | -0.3% | £130,132 |
| June 2011 | -0.4% | £130,576 |
| June 2010 | 6.9% | £131,141 |
| June 2009 | -12.4% | £122,653 |
| June 2008 | -3.3% | £139,994 |
| June 2007 | 0% | £144,731 |
Rental Market Trends
The current average rental value in the postcode is £1,124.
The LE5 5GN Rental Market has increased by 62.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £1,124pcm |
| June 2025 | 4.7% | £1,083pcm |
| June 2024 | 8.2% | £1,034pcm |
| June 2023 | 8.4% | £956pcm |
| June 2022 | 9.2% | £882pcm |
| June 2021 | 4% | £807pcm |
| June 2020 | 3.5% | £776pcm |
| June 2019 | 2.4% | £750pcm |
| June 2018 | 2.3% | £732pcm |
| June 2017 | 3.5% | £716pcm |
| June 2016 | 3.3% | £692pcm |
| June 2015 | 3% | £670pcm |
| June 2014 | 1.7% | £651pcm |
| June 2013 | 1.5% | £640pcm |
| June 2012 | -0.5% | £631pcm |
| June 2011 | 3.2% | £634pcm |
| June 2010 | 4% | £614pcm |
| June 2009 | -7.5% | £590pcm |
| June 2008 | 1.5% | £638pcm |
| June 2007 | 0% | £628pcm |
Sales History
The last sale was on 22nd April 2026 for £260,500 and since then the market in the area has increased by 0.8%. The postcode has had a total of 34 sales since 1995.
LE5 5GN has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Apr 2026£260,500 | 3 Bed House196, Mere Road, Leicester, LE5 5GN196, Mere Road, Leicester, LE5 5GN
- Sold Dec 2023£332,000 | 4 Bed House174, Mere Road, Leicester, LE5 5GN174, Mere Road, Leicester, LE5 5GN
- Sold Apr 2022£125,000 | 4 Bed House192, Mere Road, Leicester, LE5 5GN192, Mere Road, Leicester, LE5 5GN
- Sold Sep 2021£252,000 | 4 Bed House190, Mere Road, Leicester, LE5 5GN190, Mere Road, Leicester, LE5 5GN
- Sold Aug 2021£293,000 | 4 Bed House198, Mere Road, Leicester, LE5 5GN198, Mere Road, Leicester, LE5 5GN
Nearby Postcodes
LE5 5GN is the 1198th largest and the 803rd most expensive postcode out of the 1,375 postcodes in the LE5 area.
- LE5 5AN, Cork Street, Leicester, LE5LE5 5AN12 Addresses|31 m away
- LE5 5GR, Mere Road, Leicester, LE5LE5 5GR37 Addresses|43 m away
- LE5 5AU, Dronfield Street, Leicester, LE5LE5 5AU22 Addresses|55 m away
- LE5 5AS, Dronfield Street, Leicester, LE5LE5 5AS29 Addresses|66 m away
- LE5 5BH, Fairfield Street, Leicester, LE5LE5 5BH31 Addresses|77 m away
Property Types
- 19 period houses built between 1800 and 1911
- 14 period flats built between 1800 and 1911
- 1 house of an unknown age
- 5 other addresses of unknown type
- period house (19)
- period flat (14)
- house (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 30 properties.
- The most common rating is D.
- A (0)
- E (11)
- B (0)
- F (0)
- C (5)
- G (0)
- D (14)
- No EPC (9)
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
- Uplands Junior L.E.A.D. Academy300 m away
- Uplands Infant School300 m away
- Medway Community Primary School400 m away
- Moat Community College700 m away
- Madani Girls' School800 m away
- Madani Boys School800 m away
More reading links
Public Transport Nearby
The closest station to LE5 5GN is Leicester station, which is 1.0 kilometres away.
- Leicester|1.0 km away
- South Wigston|5.6 km away
- Syston|7.4 km away
- Narborough|9.1 km away
