Mere Lane - LE2 4SA
Key Street Insights
Mere Lane is a residential street with 3 addresses.
It ranks as the 33rd largest and 1107th most expensive of the 1,127 streets in the LE2 area. The most common property type is a modern house built after 1980.
The street contains a total of 3 properties: 2 houses and 1 other property.
- Ave. Sale Price
- £922,971
- 10 Year change
- up 42.5%
- Ave. Rental Price
- £2,736pcm
- 10 Year change
- up 60.5%
- Ave. £ per ft²
- £231/ft²
- Ave. Gross Yield
- 3.6%/year/yr
Key Street Insights
Mere Lane is a residential street with 3 addresses.
It ranks as the 33rd largest and 1107th most expensive of the 1,127 streets in the LE2 area. The most common property type is a modern house built after 1980.
The street contains a total of 3 properties: 2 houses and 1 other property.
- Ave. Sale Price
- £922,971
- 10 Year change
- up 42.5%
- Ave. Rental Price
- £2,736pcm
- 10 Year change
- up 60.5%
- Ave. £ per ft²
- £231/ft²
- Ave. Gross Yield
- 3.6%/year/yr
Explore Properties on Mere Lane, Oadby, Leicester, LE2
- Acorn Cottage
House
- Jaisalmer House
5 Bed Modern House
- Stone Lodge
5 Bed Early-century House
Sales Market Trends
The last sale on Mere Lane sold for £884,827 on 16th December 2020. Since then prices are up an average of 14.9%.
The current average value in the street is £922,971.
The Mere Lane Sales Market has increased by 42.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £922,971 |
| June 2025 | 1.3% | £934,365 |
| June 2024 | 0.5% | £922,553 |
| June 2023 | 0.4% | £918,187 |
| June 2022 | 9.2% | £914,463 |
| June 2021 | 7.1% | £837,192 |
| June 2020 | 2.8% | £781,385 |
| June 2019 | 4.4% | £760,110 |
| June 2018 | 5.1% | £728,169 |
| June 2017 | 7% | £692,688 |
| June 2016 | 6.5% | £647,593 |
| June 2015 | 5.5% | £608,182 |
| June 2014 | 7.6% | £576,538 |
| June 2013 | 1.1% | £535,813 |
| June 2012 | -0.5% | £530,241 |
| June 2011 | -0.5% | £532,701 |
| June 2010 | 11.2% | £535,383 |
| June 2009 | -9.5% | £481,666 |
| June 2008 | -4.8% | £532,333 |
| June 2007 | 0% | £559,252 |
Rental Market Trends
The current average rental value in the street is £2,736.
The Mere Lane Rental Market has increased by 60.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £2,736pcm |
| June 2025 | 5% | £2,636pcm |
| June 2024 | 7.3% | £2,509pcm |
| June 2023 | 8.9% | £2,338pcm |
| June 2022 | 7% | £2,146pcm |
| June 2021 | 6.6% | £2,007pcm |
| June 2020 | 1.2% | £1,883pcm |
| June 2019 | 2.5% | £1,861pcm |
| June 2018 | 3.1% | £1,815pcm |
| June 2017 | 3.3% | £1,761pcm |
| June 2016 | 4% | £1,705pcm |
| June 2015 | 2.8% | £1,639pcm |
| June 2014 | 2.4% | £1,595pcm |
| June 2013 | 2% | £1,559pcm |
| June 2012 | -0.9% | £1,528pcm |
| June 2011 | 4.9% | £1,541pcm |
| June 2010 | 9.1% | £1,469pcm |
| June 2009 | -4.7% | £1,347pcm |
| June 2008 | 1.4% | £1,412pcm |
| June 2007 | 0% | £1,392pcm |
Sales History
The last recorded sale was on 16th December 2020 for £884,827 and since then the market in the area has increased by 14.9%.
Mere Lane, Oadby, Leicester, LE2 has had 2 sales since 1995, none of them in the last three years.
- Sold Dec 2020£884,827 | 5 Bed HouseStone Lodge, Mere Lane, Leicester, LE2 4SAStone Lodge, Mere Lane, Leicester, LE2 4SA
- Sold Sep 2015£420,000 | 5 Bed HouseStone Lodge, Mere Lane, Leicester, LE2 4SAStone Lodge, Mere Lane, Leicester, LE2 4SA
Most Expensive Sales
- Sold Dec 2020£884,827 | 5 Bed HouseStone Lodge, Mere Lane, Leicester, LE2 4SAStone Lodge, Mere Lane, Leicester, LE2 4SA
- Sold Sep 2015£420,000 | 5 Bed HouseStone Lodge, Mere Lane, Leicester, LE2 4SAStone Lodge, Mere Lane, Leicester, LE2 4SA
Nearby Streets
Mere Lane, Oadby, Leicester, LE2 is the 33rd largest and the 1107th most expensive street in the LE2 area.
- Wakeling View, Oadby, Leicester, LE218 Addresses|283 m away
- Gardiner View, Oadby, Leicester, LE219 Addresses|296 m away
- Weston Rise, Oadby, Leicester, LE288 Addresses|328 m away
- Tollgate Close, Oadby, Leicester, LE217 Addresses|331 m away
- Jamie Marcus Way, Oadby, Leicester, LE2143 Addresses|360 m away
- Durrad Drive, Oadby, Leicester, LE217 Addresses|372 m away
Property Types
- 1 modern house built after 1980
- 1 early-century house built between 1912 and 1935
- 1 other address of unknown type
- modern house (1)
- early-century house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 2 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (1)
- No EPC (1)
Schools Nearby
- Woodland Grange Primary School900 m away
- Brocks Hill Primary School1.2 km away
- Glenmere Community Primary School2.1 km away
- Beauchamp College1.0 km away
- Gartree High School1.1 km away
- Manor High School2.2 km away
More reading links
Public Transport Nearby
The closest station to Mere Lane, Oadby, Leicester, LE2 - LE2 4SA is South Wigston station, which is 5.0 kilometres away.
- South Wigston|5.0 km away
- Leicester|6.9 km away
- Narborough|9.7 km away
