Mere Road, Leicester house prices are built from 185 sales lodged with HM Land Registry, the oldest in 1995 and the most recent on 22 Apr 2026. The median price paid across the whole record is £90,000. Across the 10 years from 2014 to 2024 the median moved +129.0% in cash — but once inflation is taken out, the change in 2026 money is +68.0%.
Median price paid
£90,000
Change in cash, 2014–2024
+129.0%
Change in real terms
+68.0%
Median per m²
£1,196
HM Land Registry185 sales39 with floor areaLatest sale 22 Apr 2026
Section 01
How Mere Road, Leicester prices moved
The chart tracks the median Mere Road, Leicester house price for every year with a recorded sale, from 1995 to 2024. The dashed line restates each year in 2026 money, so the two lines separate exactly as much as inflation has eroded the cash figure.
| Decade | Years with sales | Median paid | In today's money |
|---|---|---|---|
| 1990s | 5 | £34,000 | £75,496 |
| 2000s | 7 | £72,000 | £131,163 |
| 2010s | 4 | £140,000 | £197,400 |
| 2020s | 1 | £272,500 | £278,424 |
The highest yearly median on record for Mere Road, Leicester is £272,500 in 2024; the lowest is £29,250 in 1999. Across the full 30-year record the cash median has moved from £35,700 to £272,500.
In 2026 money that first median is worth £79,271, so the real change over the whole record is +261.7% — about +4.53% a year after inflation. Cash growth and real growth are not the same story, and the gap is the part most price reports leave out.
Over the last decade alone the difference is stark: +129.0% in cash against +68.0% once inflation is removed. A buyer who sold at the end of that decade would have needed the real figure, not the headline one, to know whether they had actually gained.
Section 02
The most recent sales
Every row is a completed sale as lodged with HM Land Registry. The right-hand column restates the price in 2026 money, which is the only fair way to compare a sale from the 1990s with one from last year.
| Address | Sold | Type | Price paid | In today's money |
|---|---|---|---|---|
| 196 | 22 Apr 2026 | Terraced | £260,500 | £260,500 |
| 235 | 20 Feb 2026 | Terraced | £265,000 | £265,000 |
| 129 | 13 Feb 2026 | Terraced | £350,000 | £350,000 |
| 227 | 24 Nov 2025 | Terraced | £295,000 | £301,413 |
| 249 | 19 Sep 2025 | Terraced | £210,000 | £214,565 |
| 209 | 9 Jun 2025 | Terraced | £180,000 | £183,913 |
| 205 | 30 Aug 2024 | Terraced | £138,000 | £145,209 |
| 47 | 26 Jul 2024 | Terraced | £245,000 | £257,799 |
| 301 | 31 May 2024 | Terraced | £190,000 | £199,925 |
| 125 | 3 May 2024 | Semi-detached | £305,000 | £320,933 |
| 86 | 22 Mar 2024 | Terraced | £300,000 | £315,672 |
| 133 | 15 Feb 2024 | Semi-detached | £337,000 | £354,604 |
| 174 | 8 Dec 2023 | Terraced | £332,000 | £358,713 |
| 64 | 31 Mar 2023 | Terraced | £230,000 | £248,506 |
| 192 | 6 Apr 2022 | Terraced | £125,000 | £144,823 |
| 112 | 11 Jan 2022 | Terraced | £300,000 | £347,576 |
| 190 | 30 Sep 2021 | Terraced | £252,000 | £318,387 |
| 198 | 12 Aug 2021 | Terraced | £293,000 | £370,188 |
| 47 | 4 Dec 2020 | Terraced | £188,000 | £243,416 |
| Flat 2 148 | 18 Dec 2019 | Flat or maisonette | £65,000 | £85,019 |
| 174 | 18 Oct 2019 | Terraced | £220,000 | £287,755 |
| 184 | 18 Apr 2019 | Terraced | £264,000 | £345,306 |
| 281 | 10 Apr 2019 | Terraced | £195,000 | £255,056 |
| 167 | 26 Feb 2019 | Semi-detached | £163,000 | £213,200 |
| Flat 4 148 | 18 Feb 2019 | Flat or maisonette | £62,250 | £81,422 |
Section 03
Homes that sold twice
These addresses appear in the register more than once, so the same bricks are being priced twice. That makes them the strongest evidence of what actually happened to Mere Road, Leicester values — no mix of property types can flatter the number.
| Address | First recorded sale | Most recent sale | Cash a year | Real a year |
|---|---|---|---|---|
| 196 Mere Road | £75,000 (2001) | £260,500 (2026) | +5.1% | +2.3% |
| 227 Mere Road | £100,000 (2012) | £295,000 (2025) | +8.7% | +5.5% |
| 209 Mere Road | £110,000 (2002) | £180,000 (2025) | +2.2% | -0.6% |
| 47 Mere Road | £136,000 (2006) | £245,000 (2024) | +3.3% | +0.3% |
| 301 Mere Road | £25,000 (1995) | £190,000 (2024) | +7.2% | +4.5% |
| 174 Mere Road | £220,000 (2019) | £332,000 (2023) | +10.8% | +5.7% |
| 112 Mere Road | £145,000 (2015) | £300,000 (2022) | +10.9% | +7.9% |
| 198 Mere Road | £144,000 (2005) | £293,000 (2021) | +4.5% | +2.2% |
| FLAT 2 148 Mere Road | £30,000 (2002) | £65,000 (2019) | +4.7% | +2.3% |
| 184 Mere Road | £175,000 (2014) | £264,000 (2019) | +8.6% | +6.6% |
| 281 Mere Road | £30,000 (1996) | £195,000 (2019) | +8.5% | +6.1% |
| 167 Mere Road | £163,000 (2010) | £163,000 (2019) | 0.0% | -2.2% |
Section 04
What sells here
The mix of property types explains a large part of any area's median. Mere Road, Leicester is dominated by the type at the top of this table, so its overall median leans that way.
| Property type | Sales | Share | Median paid | Range |
|---|---|---|---|---|
| Terraced | 141 | 76.2% | £102,000 | £17,000 – £350,000 |
| Flat or maisonette | 21 | 11.4% | £55,000 | £23,000 – £115,000 |
| Semi-detached | 20 | 10.8% | £130,000 | £35,700 – £337,000 |
| Detached | 3 | 1.6% | £220,000 | £220,000 – £245,000 |
Section 06
Ownership and new build in Mere Road, Leicester
21 of the sales on record are leasehold and 164 freehold — 11.4% of the market. Tenure is not a detail: a leasehold flat and a freehold house are different assets, and mixing them into one median hides the difference.
The median leasehold sale is £55,000 and the median freehold sale £105,514 — a gap of +91.8%. Most of that gap is property type rather than tenure itself: leasehold here is largely flats, freehold largely houses.
| Category | Sales | Share | Median paid |
|---|---|---|---|
| Leasehold | 21 | 11.4% | £55,000 |
| Freehold | 164 | 88.6% | £105,514 |
| New build | 1 | 0.5% | £50,000 |
| Existing home | 184 | 99.5% | £91,250 |
New builds sold for less than the median existing home — -45.2%. A new-build premium is normal: the buyer gets a warranty and nothing to fix, and the price is set by a developer rather than negotiated between two households.
A further 17 transfers for this area are on the register but are left out of every figure above. HM Land Registry marks them as additional price paid entries: repossessions, buy-to-let portfolio moves, transfers between companies or family, and sales at a discount such as right to buy. They are real records but they are not open-market prices, and including them would drag the median somewhere no buyer ever paid.
Section 07
Living in Mere Road, Leicester
Every certificate carries an energy efficiency band as well as a floor area. Across Blaby, 43.0% of 41,196 certificates sit in bands A to C, and 3.5% in F or G — the bands that cost the most to heat and are hardest to mortgage.
| Energy band | Certificates | Share |
|---|---|---|
| A | 192 | 0.5% |
| B | 6,362 | 15.4% |
| C | 11,140 | 27.0% |
| D | 16,638 | 40.4% |
| E | 5,428 | 13.2% |
| F | 1,182 | 2.9% |
| G | 254 | 0.6% |
The Office for National Statistics puts the mean private rent in Blaby at £990 a month as of Jun 2026 — £706 for a one-bedroom home and £1,075 for three bedrooms.
Against the median sale of £90,000 here, that rent is a gross yield of 13.20% a year. It is a measured figure rather than an assumption: a real local rent over a real local price, before any cost of ownership.
Police forces publish every recorded street-level crime. Within a mile of the centre of LE5, 366 crimes were recorded in Jun 2026: 172 violent, 15 burglary, 9 vehicle-related and 44 anti-social behaviour. The median postcode district in this archive recorded 167 in the same month, so this one is 2.2 times busier.
Against the 102,926 residents the 2021 census counted in Blaby, that is 3.56 recorded crimes per thousand people in the month. The count covers a mile around the district centre while the population covers the whole council, so read the rate as an order of magnitude rather than a precise figure.
A count is not a rate. A district with shops and a station records more crime than a residential one of the same size, because more people pass through it. Read this next to the median, not on its own.
Section 08
The neighbourhood around Mere Road, Leicester
The 2021 census counted 102,926 residents in Blaby across 42,575 households. 79.0% of those households own their home and 21.0% rent — a split the sold record cannot show, because only owners appear in it.
33 state and independent schools have a LE5 postcode: 24 primary, 7 secondary, 1 all-through, 1 16 plus. Catchment areas do not follow postcodes, so treat this as what is nearby rather than what a child would be offered.
| School | Phase | Type | Pupils |
|---|---|---|---|
| The City of Leicester College | Secondary | Academy converter | 1,499 |
| Crown Hills Community College | Secondary | Community school | 1,493 |
| Avanti Fields School | All-through | Free schools | 1,236 |
| St Paul's Catholic School, a Voluntary Academy | Secondary | Academy converter | 1,167 |
| Orchard Mead Academy | Secondary | Academy sponsor led | 1,007 |
| Judgemeadow Community College | Secondary | Academy sponsor led | 975 |
| Kestrel Mead Primary Academy | Primary | Academy converter | 761 |
| Spinney Hill Primary School | Primary | Community school | 687 |
| Whitehall Primary School | Primary | Community school | 573 |
| Hope Hamilton CofE Primary School | Primary | Academy converter | 454 |
| Station | Mode | Distance from the district centre |
|---|---|---|
| Leicester Rail Station | Rail | 2.8 km |
| Leicester North (Great Central Railway) | Metro or underground | 4.6 km |
| Leicester North (Great Central Railway) | Metro or underground | 4.6 km |
| Great Central Railway | Tram | 4.6 km |
Section 09
How Mere Road, Leicester compares
The median across the whole archive is £157,500. Mere Road, Leicester sits below that national figure — -42.9%.
Within Leicester the street ranks 4611 of 5322 by median price, and its median is below the town figure of £135,000 (-33.3%).
Where an EPC floor area could be matched to the sale, the median works out at £1,196 per square metre, across 39 of the 185 sales on record. Price per square metre is the only figure that compares a two-bed flat with a four-bed house honestly.
The full range on record runs from £17,000 to £350,000. Extremes usually mean something unusual — a plot sold without a house on it, a transfer between family members, or a very large property — so the median is the number to trust.
Mere Road, Leicester sits in Blaby, in the East Midlands.
The Office for National Statistics puts the median home in Blaby at 7.0 times median local earnings of £40,102 a year, measured to Sep 2025. Across England and Wales the same ratio is 7.6. That number, not the price alone, is what decides whether a place is within reach of the people who work in it.
Section 10
Nearby on the record
Streets nearby
- Scraptoft Lane£180,000 median
- St Saviours Road£90,000 median
- Wicklow Drive£117,000 median
- Coleman Road£124,000 median
- Church Road£170,500 median
- Evington Lane£195,000 median
- Green Lane Road£108,000 median
- Prestwold Road£105,000 median
- Cardinals Walk£150,475 median
- Brompton Road£142,751 median
- Forest Road£143,950 median
- Falmouth Road£51,500 median
- Averil Road£137,500 median
- Barbara Avenue£169,975 median
- Wintersdale Road£180,000 median
- Columbine Road£120,000 median
Addresses with more than one recorded sale
- 47 Mere Road4 sales
- 281 Mere Road4 sales
- 248 Mere Road4 sales
- 246 Mere Road4 sales
- FLAT 1, 252 Mere Road4 sales
- 209 Mere Road3 sales
- 301 Mere Road3 sales
- FLAT 2, 148 Mere Road3 sales
- 193 Mere Road3 sales
- 234 Mere Road3 sales
- FLAT 1, 148 Mere Road3 sales
- 287 Mere Road3 sales
- 254 Mere Road3 sales
- 225 Mere Road3 sales
- 196 Mere Road2 sales
- 227 Mere Road2 sales
- 174 Mere Road2 sales
- 112 Mere Road2 sales
- 198 Mere Road2 sales
- 184 Mere Road2 sales
- 167 Mere Road2 sales
- FLAT 4, 148 Mere Road2 sales
- 307 Mere Road2 sales
- 52 Mere Road2 sales
Back to Leicester house prices.
Quick answers
Common questions about this data
What is the average house price in Mere Road, Leicester?
The median price paid in Mere Road, Leicester across every sale on the register is £90,000. The median is used rather than the mean because a handful of very large sales would otherwise drag the average away from what a typical buyer paid.
How many homes have sold in Mere Road, Leicester?
185 sales are on record for Mere Road, Leicester, the most recent completing on 22 Apr 2026. Every one is a completed transfer lodged with HM Land Registry, not an asking price or an estimate.
Have Mere Road, Leicester house prices actually risen?
In cash, the median rose +129.0% between 2014 and 2024. In 2026 money — that is, after inflation — the change is +68.0%. Both numbers are true; only the second one tells you whether buying here preserved value.
When were Mere Road, Leicester house prices at their highest?
The highest yearly median on record is £272,500, set in 2024. That is the cash figure; measured in 2026 money the peak may fall in a different year, because inflation reshapes the series.
What is the price per square metre in Mere Road, Leicester?
£1,196 per square metre, from the 39 sales where an EPC floor area could be matched to the address. Price per square metre strips out size, so a flat and a house can be compared on the same basis.
How current is this data?
The latest sale shown here completed on 22 Apr 2026. HM Land Registry publishes Price Paid Data monthly and a sale can take a month or two to appear after completion, so the most recent weeks are always incomplete.
Cite this page: Sold Price History, “Mere Road, Leicester house prices”, 2026. Source: HM Land Registry Price Paid Data © Crown copyright and database right, used under the Open Government Licence v3.0. Inflation adjustment: ONS CPIH.