Mere Road - LE5 5GQ
Key Postcode Insights
LE5 5GQ is a residential postcode situated on Mere Road, Leicester, LE5 with 49 addresses.
It ranks as the 1313th largest and 1076th 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 49 properties: 31 houses, 13 flats and 5 other properties.
- Ave. Sale Price
- £285,865
- 10 Year change
- up 51.4%
- Ave. Rental Price
- £1,349pcm
- 10 Year change
- up 65.1%
- Ave. £ per ft²
- £204/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
LE5 5GQ is a residential postcode situated on Mere Road, Leicester, LE5 with 49 addresses.
It ranks as the 1313th largest and 1076th 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 49 properties: 31 houses, 13 flats and 5 other properties.
- Ave. Sale Price
- £285,865
- 10 Year change
- up 51.4%
- Ave. Rental Price
- £1,349pcm
- 10 Year change
- up 65.1%
- Ave. £ per ft²
- £204/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Properties in LE5 5GQ
- 91 Mere Road
4 Bed Period House
- 93 Mere Road
2 Bed Period House
- 95 Mere Road
4 Bed Period House
- 97 Mere Road
4 Bed Period House
- 99 Mere Road
House
Sales Market Trends
The last sale in LE5 5GQ sold for £305,000 on 3rd May 2024. Since then prices are up an average of 2.0%.
The current average value in the postcode is £285,865.
The LE5 5GQ Sales Market has increased by 51.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.2% | £285,865 |
| June 2025 | 2.1% | £286,535 |
| June 2024 | -1.3% | £280,542 |
| June 2023 | 1.9% | £284,257 |
| June 2022 | 9.5% | £279,034 |
| June 2021 | 7.7% | £254,939 |
| June 2020 | 3.8% | £236,807 |
| June 2019 | 5% | £228,032 |
| June 2018 | 7% | £217,252 |
| June 2017 | 7.6% | £203,108 |
| June 2016 | 5.7% | £188,766 |
| June 2015 | 5.3% | £178,547 |
| June 2014 | 6.1% | £169,507 |
| June 2013 | -0.6% | £159,782 |
| June 2012 | -0.5% | £160,734 |
| June 2011 | 0% | £161,544 |
| June 2010 | 6.6% | £161,471 |
| June 2009 | -12.2% | £151,497 |
| June 2008 | -3.4% | £172,515 |
| June 2007 | 0% | £178,629 |
Rental Market Trends
The current average rental value in the postcode is £1,349.
The LE5 5GQ Rental Market has increased by 65.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4% | £1,349pcm |
| June 2025 | 4.8% | £1,298pcm |
| June 2024 | 8.5% | £1,238pcm |
| June 2023 | 8.3% | £1,142pcm |
| June 2022 | 9.9% | £1,054pcm |
| June 2021 | 3.7% | £959pcm |
| June 2020 | 4% | £925pcm |
| June 2019 | 2.4% | £889pcm |
| June 2018 | 2.4% | £869pcm |
| June 2017 | 3.8% | £849pcm |
| June 2016 | 3.3% | £817pcm |
| June 2015 | 3% | £791pcm |
| June 2014 | 1.5% | £768pcm |
| June 2013 | 1.6% | £757pcm |
| June 2012 | -0.4% | £745pcm |
| June 2011 | 3.1% | £748pcm |
| June 2010 | 3.4% | £725pcm |
| June 2009 | -7.1% | £701pcm |
| June 2008 | 1.2% | £755pcm |
| June 2007 | 0% | £746pcm |
Sales History
The last recorded sale was on 3rd May 2024 for £305,000 and since then the market in the area has increased by 2.0%.
LE5 5GQ has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold May 2024£305,000 | 4 Bed House125, Mere Road, Leicester, LE5 5GQ125, Mere Road, Leicester, LE5 5GQ
- Sold Feb 2024£337,000 | 4 Bed House133, Mere Road, Leicester, LE5 5GQ133, Mere Road, Leicester, LE5 5GQ
- Sold Mar 2022£311,500 | 4 Bed House95, Mere Road, Leicester, LE5 5GQ95, Mere Road, Leicester, LE5 5GQ
Nearby Postcodes
LE5 5GQ is the 1313th largest and the 1076th most expensive postcode out of the 1,375 postcodes in the LE5 area.
- LE5 3SS, Shelbourne Street, Leicester, LE5LE5 3SS5 Addresses|196 m away
- LE5 3SG, St. Saviours Road, Leicester, LE5LE5 3SG46 Addresses|198 m away
- LE5 3HP, Morley Road, Leicester, LE5LE5 3HP20 Addresses|232 m away
- LE5 5DN, East Park Road, Leicester, LE5LE5 5DN1 Address|249 m away
- LE5 3HN, Morley Road, Leicester, LE5LE5 3HN27 Addresses|264 m away
Property Types
- 31 period houses built between 1800 and 1911
- 13 period flats built between 1800 and 1911
- 5 other addresses of unknown type
- period house (31)
- period flat (13)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 43 properties.
- The most common rating is D.
- A (0)
- E (15)
- B (0)
- F (5)
- C (5)
- G (0)
- D (18)
- No EPC (6)
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. Academy400 m away
- Uplands Infant School400 m away
- Highfields Primary School400 m away
- Moat Community College700 m away
- Madani Girls' School1.0 km away
- Madani Boys School1.0 km away
More reading links
Public Transport Nearby
The closest station to LE5 5GQ is Leicester station, which is 1.1 kilometres away.
- Leicester|1.1 km away
- South Wigston|6.0 km away
- Syston|6.9 km away
- Narborough|9.5 km away
