Mere Road - LE5 5GR
Key Postcode Insights
LE5 5GR is a residential postcode situated on Mere Road, Leicester, LE5 with 37 addresses.
It ranks as the 1159th largest and 765th 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 37 properties: 29 houses and 8 flats.
- Ave. Sale Price
- £253,534
- 10 Year change
- up 52.4%
- Ave. Rental Price
- £1,211pcm
- 10 Year change
- up 67.3%
- Ave. £ per ft²
- £230/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
LE5 5GR is a residential postcode situated on Mere Road, Leicester, LE5 with 37 addresses.
It ranks as the 1159th largest and 765th 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 37 properties: 29 houses and 8 flats.
- Ave. Sale Price
- £253,534
- 10 Year change
- up 52.4%
- Ave. Rental Price
- £1,211pcm
- 10 Year change
- up 67.3%
- Ave. £ per ft²
- £230/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Propertiesin LE5 5GR
- 171 Mere Road
Unknown
- 173 Mere Road
Unknown
- 175 Mere Road
4 Bed Modern House
- 177 Mere Road
Modern Building | 6 Units
- 183 Mere Road
Unknown
Sales Market Trends
The last sale in LE5 5GR sold for £265,000 on 20th February 2026. Since then prices are up an average of 2.3%.
The current average value in the postcode is £253,534.
The LE5 5GR Sales Market has increased by 52.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £253,534 |
| June 2025 | 2.1% | £254,804 |
| June 2024 | -0.9% | £249,622 |
| June 2023 | 2% | £251,944 |
| June 2022 | 9.6% | £246,889 |
| June 2021 | 8.1% | £225,190 |
| June 2020 | 4% | £208,378 |
| June 2019 | 4.7% | £200,290 |
| June 2018 | 7.1% | £191,368 |
| June 2017 | 7.4% | £178,642 |
| June 2016 | 6.6% | £166,340 |
| June 2015 | 5% | £156,087 |
| June 2014 | 6.2% | £148,589 |
| June 2013 | 0.2% | £139,852 |
| June 2012 | 0% | £139,575 |
| June 2011 | -0.1% | £139,507 |
| June 2010 | 7.6% | £139,616 |
| June 2009 | -11.2% | £129,697 |
| June 2008 | -3.6% | £146,126 |
| June 2007 | 0% | £151,518 |
Rental Market Trends
The current average rental value in the postcode is £1,211.
The LE5 5GR Rental Market has increased by 67.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £1,211pcm |
| June 2025 | 5% | £1,167pcm |
| June 2024 | 7.9% | £1,111pcm |
| June 2023 | 8.7% | £1,030pcm |
| June 2022 | 9.9% | £947pcm |
| June 2021 | 4.7% | £862pcm |
| June 2020 | 3.4% | £823pcm |
| June 2019 | 2.5% | £796pcm |
| June 2018 | 3.2% | £777pcm |
| June 2017 | 3.9% | £753pcm |
| June 2016 | 3.8% | £724pcm |
| June 2015 | 3.1% | £698pcm |
| June 2014 | 1.7% | £677pcm |
| June 2013 | 1.9% | £666pcm |
| June 2012 | -0.1% | £653pcm |
| June 2011 | 3.6% | £654pcm |
| June 2010 | 4.7% | £631pcm |
| June 2009 | -6.3% | £602pcm |
| June 2008 | 1.2% | £643pcm |
| June 2007 | 0% | £635pcm |
Sales History
The last sale was on 20th February 2026 for £265,000 and since then the market in the area has increased by 2.3%. The postcode has had a total of 27 sales since 1995.
LE5 5GR has seen 4 sales in the last three years and 2 sales in the last twelve months.
- Sold Feb 2026£265,000 | 3 Bed House235, Mere Road, Leicester, LE5 5GR235, Mere Road, Leicester, LE5 5GR
- Sold Nov 2025£295,000 | 3 Bed House227, Mere Road, Leicester, LE5 5GR227, Mere Road, Leicester, LE5 5GR
- Sold Jun 2025£180,000 | 4 Bed House209, Mere Road, Leicester, LE5 5GR209, Mere Road, Leicester, LE5 5GR
- Sold Aug 2024£138,000 | 3 Bed House205, Mere Road, Leicester, LE5 5GR205, Mere Road, Leicester, LE5 5GR
- Sold Jan 2022£200,000 | 3 Bed House215, Mere Road, Leicester, LE5 5GR215, Mere Road, Leicester, LE5 5GR
Nearby Postcodes
LE5 5GR is the 1159th largest and the 765th most expensive postcode out of the 1,375 postcodes in the LE5 area.
- LE5 5GN, Mere Road, Leicester, LE5LE5 5GN39 Addresses|43 m away
- LE5 5AN, Cork Street, Leicester, LE5LE5 5AN12 Addresses|53 m away
- LE5 5AQ, Cork Street, Leicester, LE5LE5 5AQ20 Addresses|76 m away
- LE5 5AD, Bonsall Street, Leicester, LE5LE5 5AD19 Addresses|80 m away
- LE5 5AU, Dronfield Street, Leicester, LE5LE5 5AU22 Addresses|82 m away
Property Types
- 18 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 8 modern flats built after 1980
- 10 other addresses of unknown type
- period house (18)
- modern house (1)
- modern flat (8)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 24 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (1)
- C (2)
- G (0)
- D (17)
- No EPC (13)
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 5GR 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
