Mercian Way - SL1 5LY
Key Postcode Insights
SL1 5LY is a residential postcode situated on Mercian Way, Slough, SL1 with 45 addresses.
It ranks as the 1296th largest and 942nd most expensive of the 1,426 postcodes in the SL1 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 45 properties: 41 houses and 4 flats.
- Ave. Sale Price
- £415,911
- 10 Year change
- up 6.5%
- Ave. Rental Price
- £2,219pcm
- 10 Year change
- up 41.2%
- Ave. £ per ft²
- £448/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
SL1 5LY is a residential postcode situated on Mercian Way, Slough, SL1 with 45 addresses.
It ranks as the 1296th largest and 942nd most expensive of the 1,426 postcodes in the SL1 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 45 properties: 41 houses and 4 flats.
- Ave. Sale Price
- £415,911
- 10 Year change
- up 6.5%
- Ave. Rental Price
- £2,219pcm
- 10 Year change
- up 41.2%
- Ave. £ per ft²
- £448/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin SL1 5LY
- 2 Mercian Way
Building  |  4 Flats
- 4A Mercian Way
4 Bed Modern House
- 4 Mercian Way
House
- 6 Mercian Way
3 Bed House
- 8 Mercian Way
House
Sales Market Trends
The last sale in SL1 5LY sold for £362,500 on 28th February 2023. Since then prices are down an average of 0.6%.
The current average value in the postcode is £415,911.
The SL1 5LY Sales Market has increased by 6.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1% | £415,911 |
| June 2025 | 2.1% | £419,990 |
| June 2024 | -2% | £411,341 |
| June 2023 | 0.8% | £419,896 |
| June 2022 | 5.3% | £416,612 |
| June 2021 | 3.3% | £395,657 |
| June 2020 | 0.4% | £383,149 |
| June 2019 | -3.1% | £381,468 |
| June 2018 | -1.3% | £393,729 |
| June 2017 | 2.2% | £399,075 |
| June 2016 | 16.6% | £390,477 |
| June 2015 | 17.2% | £334,999 |
| June 2014 | 11.4% | £285,874 |
| June 2013 | 1.6% | £256,695 |
| June 2012 | 0.4% | £252,724 |
| June 2011 | 1.1% | £251,614 |
| June 2010 | 8.2% | £248,773 |
| June 2009 | -13.1% | £230,005 |
| June 2008 | -0.4% | £264,824 |
| June 2007 | 0% | £265,996 |
Rental Market Trends
The current average rental value in the postcode is £2,219.
The SL1 5LY Rental Market has increased by 41.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £2,219pcm |
| June 2025 | 0.9% | £2,176pcm |
| June 2024 | 11.2% | £2,157pcm |
| June 2023 | 13.5% | £1,939pcm |
| June 2022 | 7.1% | £1,709pcm |
| June 2021 | 2.8% | £1,596pcm |
| June 2020 | 0.8% | £1,553pcm |
| June 2019 | 0.4% | £1,542pcm |
| June 2018 | -1.3% | £1,536pcm |
| June 2017 | -1% | £1,556pcm |
| June 2016 | 4.5% | £1,571pcm |
| June 2015 | 5.2% | £1,504pcm |
| June 2014 | 5.2% | £1,429pcm |
| June 2013 | 3.6% | £1,358pcm |
| June 2012 | 3.1% | £1,311pcm |
| June 2011 | 3.8% | £1,272pcm |
| June 2010 | 4.4% | £1,225pcm |
| June 2009 | -5.1% | £1,174pcm |
| June 2008 | 2.5% | £1,237pcm |
| June 2007 | 0% | £1,207pcm |
Sales History
The last sale was on 28th February 2023 for £362,500 and since then the market in the area has decreased by 0.6%. The postcode has had a total of 44 sales since 1995.
SL1 5LY has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2023£362,500 | 3 Bed House62, Mercian Way, Slough, SL1 5LY62, Mercian Way, Slough, SL1 5LY
- Sold Oct 2022£400,000 | 3 Bed House80, Mercian Way, Slough, SL1 5LY80, Mercian Way, Slough, SL1 5LY
- Sold Nov 2021£420,000 | 3 Bed House66, Mercian Way, Slough, SL1 5LY66, Mercian Way, Slough, SL1 5LY
- Sold Nov 2021£522,500 | 4 Bed House4A, Mercian Way, Slough, SL1 5LY4A, Mercian Way, Slough, SL1 5LY
- Sold Nov 2020£420,000 | 3 Bed House22, Mercian Way, Slough, SL1 5LY22, Mercian Way, Slough, SL1 5LY
Nearby Postcodes
SL1 5LY is the 1296th largest and the 942nd most expensive postcode out of the 1,426 postcodes in the SL1 area.
- SL1 5LS, Moreton Way, Slough, SL1SL1 5LS46 Addresses|50 m away
- SL1 5LT, Moreton Way, Slough, SL1SL1 5LT30 Addresses|96 m away
- SL1 5NA, Mercian Way, Slough, SL1SL1 5NA19 Addresses|101 m away
- SL1 5LZ, Warner Close, Slough, SL1SL1 5LZ41 Addresses|115 m away
- SL1 5JN, Barnfield, Slough, SL1SL1 5JN34 Addresses|134 m away
Property Types
- 2 modern houses built after 1980
- 4 modern flats built after 1980
- 22 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 9 early-century houses built between 1912 and 1935
- 6 other addresses of unknown type
- modern house (2)
- modern flat (4)
- mid-century house (22)
- house (2)
- early-century house (9)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 37 properties.
- The most common rating is D.
- A (0)
- E (8)
- B (0)
- F (0)
- C (6)
- G (0)
- D (23)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Nov 2021£522,500 | 4 Bed House4A, Mercian Way, Slough, SL1 5LY4A, Mercian Way, Slough, SL1 5LY
- Sold Aug 2025£497,000 | 3 Bed House106, Mercian Way, Slough, SL1 5LX106, Mercian Way, Slough, SL1 5LX
- Sold Oct 2025£492,000 | 3 Bed House116, Mercian Way, Slough, SL1 5LX116, Mercian Way, Slough, SL1 5LX
Schools Nearby
- Cippenham School500 m away
- Western House Academy500 m away
- Priory School1.6 km away
- The Westgate School1.2 km away
- Eden Girls' School, Slough1.9 km away
- Burnham Grammar School2.1 km away
More reading links
Public Transport Nearby
The closest station to SL1 5LY is Burnham station, which is 1.1 kilometres away.
- Burnham|1.1 km away
- Burnham (Buckinghamshire)|1.1 km away
- Taplow|2.7 km away
- Slough|3.8 km away