Mere Road, Leicester, LE5 is a residential street which is the 777th longest street in the LE5 area.
It contains 334 residential addresses consisting of 172 houses, 80 flats and 82 unknown and the most common type of property is a period house built between 1800 and 1911.
The average house value is £232,328. Sales values have increased in the last 12 months by 1.2% and Rental values have increased by 4.7%.
Property sale values range from £59,098 for a leasehold flat, with 1 bedrooms split across 258 square feet of gross internal area and has no outside space to £414,159 for a freehold house, with 5 bedrooms split across 2,400 square feet of gross internal area and has a garden.
Average £/ft2 for properties in Mere Road, Leicester, LE5 is £215/ft2.
Properties achieve a rental yield of between 4% and 7.6%, and rental values range from £357 to £1,465 per month.
The last sale was 22 Mar 2024 for £300,000 and since then the market in the area has decreased by -0.3%. The street has had a total of 4 sales since 1995.
Mere Road, Leicester, LE5 has seen 4 sales in the last three years and 3 sales in the last twelve months.
Mere Road, Leicester, LE5 is the 777th largest and the 243rd most expensive street in the LE5 area.
There are 9 postcodes on Mere Road, Leicester, LE5.
Mere Road, Leicester, LE5 is a residential street located in LE5 containing 172 houses, 80 flats and 82 unknown.
The most common property type on Mere Road, Leicester, LE5 is a period house built between 1800 and 1911.
The homes with certificates are generally period in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to Mere Road, Leicester, LE5 is Leicester station which is 1.5 kilometres away.
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 Mere Road, Leicester, LE5, 43.1% of property is privately rented and 22.0% is socially rented.
The graph below shows how this compares to Greater London 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 Mere Road, Leicester, LE5, 22.7% of residents are recorded as possessing school level qualifications and 14.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Mere Road, Leicester, LE5, the average age was 33.9 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 Mere Road, Leicester, LE5, 0.8% 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 Mere Road, Leicester, LE5, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.