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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 261, Mere Road, Leicester is a period freehold house with 968 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 261, Mere Road, Leicester is £232,979 and the estimated rental value is £1,133 per month.
Mere Road, Leicester, LE5 is located within the LE5 postal district.
261, Mere Road, Leicester has 21 entries in the Land Registry , most recently in March 2014 and a single entry in the EPC database dated March 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 261, Mere Road, Leicester is in very good condition we estimate a sale value of £244,628 and a rental value of £1,189 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £216,670 and a rental value of £1,053 per month.
Over the last 12 months the sale value of 261 Mere Road Leicester has decreased by an estimated £2,888 (1.2%) and its rental value has increased by an estimated £44 per month (3.9%), giving an expected gross yield of 5.8%.
261, Mere Road, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Mar 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 261, Mere Road, Leicester was last sold on 18th March 2014 for £115,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2014, the market for similar properties has risen 109.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 261, Mere Road, Leicester within a radius of 300 metres over the last 2 years.
The most recent example is 235, Mere Road, Leicester, LE5 5GR, a freehold house which sold for £265,000 on the 20th February 2026.
Read more about house prices in LE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mere Road, Leicester, LE5 has a total of 333 addresses. According to our analysis of all the public data, 261, Mere Road, Leicester is the 164th largest and the 153rd most expensive property on the street.
When compared to the postcode district it is £38k less expensive than the average property in LE5.
The closest station to 261, Mere Road, Leicester is Leicester station which is 1.1 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 261, Mere Road, Leicester, 38.1% of property is socially rented and 35.7% is privately rented.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 261, Mere Road, Leicester, 25.8% of residents are recorded as possessing school level qualifications and 25.5% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 261, Mere Road, Leicester, the average age was 33.2 and the most common age was 22.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 261, Mere Road, Leicester, 1.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 261, Mere Road, Leicester, there are an average of 0.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
