Property profile

Flat 2254 Mere Road

Map showing Flat 2, 254 Mere Road, Leicester

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£105,000

Flats sold in Stoneygate

The box shows the middle 50% of flats sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Price per sq ftLocal median £195 per sq ft
£168 per sq ftEstimate vs local median: −£28 per sq ft (−14%)
Local sold pricesMedian for flats in Stoneygate
£145,000Estimate vs local median: −£39,000 (−27%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeFlat / Mid-Terrace
Construction period1900-1929
Floor area59 m² / 635 sq ft
Rooms2 habitable / 2 heated
Floor level1
EPC ratingD
EPC inspection12 Sept 2020

Sales history

No recorded sales for this property in HM Land Registry data.

Local market

Property prices in Stoneygate

Median price: £257,000
Price per sq ft: £239
Sales (last 12 months): 85
Typical range (middle 50%): £195K – £340K

Based on 85 recent sales, the median property price is £257,000 (about £239 per square foot) in Stoneygate area, with individual transactions ranging from £73,960 up to £815,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Stoneygate over the last year.
TypeSalesMedian£/sq ft
Semi-Detached23£360,000£313
Detached7£340,000£317
Terraced40£237,750£224
Flats15£145,000£195

10-year price trendmedian sale price in Stoneygate

Sale price

Ten year median sale price trend for each property type in Stoneygate.
YearDetachedFlatsSemi-DetachedTerraced
2016£295,000£101,500£304,000£140,000
2017£285,000£105,000£240,000£141,500
2018£320,000£108,975£271,500£186,000
2019£265,000£108,000£298,750£177,500
2020£360,500£124,750£298,750£200,000
2021£357,500£160,000£337,500£197,000
2022£530,000£144,620£370,000£215,000
2023£550,000£180,000£402,500£250,000
2024£410,000£126,250£315,000£237,832
2025£337,500£145,000£381,500£233,500
2026£402,500£140,000£367,500£220,000
Ten year median sale price trend for each property type in Stoneygate.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Stoneygate.
YearDetachedFlatsSemi-DetachedTerraced
2016£175£149£202£165
2017£189£177£217£180
2018£241£176£228£189
2019£328£170£231£207
2020£215£201£241£195
2021£284£192£245£206
2022£329£202£286£233
2023£316£217£289£243
2024£291£185£273£253
2025£265£212£314£223
2026£332£181£304£220
Ten year median sale price per square foot trend for each property type in Stoneygate.

Price distribution by property typelast 12 months

Price distribution by property type for Stoneygate in the last year.

Recent sales

There were 50+ recent sold properties in the last 18 months near LE5 5GP.

Recent sold properties in the last 18 months near LE5 5GP
DateAddressTypeTenurePriceMap
19 Sept 2025249, Mere Road, Leicester, LE5 5GSTerracedFreehold£210,000
05 Feb 202661, Roslyn Street, Leicester, LE2 1BWTerracedFreehold£182,000
10 Nov 202557, Roslyn Street, Leicester, LE2 1BWTerracedFreehold£73,960
24 Oct 202515, Laurel Road, Leicester, LE2 1BNTerracedFreehold£222,000
28 Jul 202529, Laurel Road, Leicester, LE2 1BNTerracedFreehold£125,000

Other properties at this postcode

AddressTenureFloor areaLast sale
214 Mere Road, Leicester-125 m²-
216 Mere Road, Leicester-126 m²-
218 Mere Road, LeicesterFreehold81 m²£37,000 (2001)
220, Mere Road, LeicesterFreehold70 m²£120,500 (2016)
222, Mere Road, LeicesterFreehold65 m²£23,500 (1996)
224, Mere Road, LeicesterFreehold102 m²£20,880 (2002)
226, Mere Road, Leicester-58 m²-
228, Mere Road, LeicesterFreehold77 m²£116,500 (2007)
230 Mere Road, LeicesterFreehold71 m²£93,000 (2010)
234, Mere Road, LeicesterFreehold83 m²£120,000 (2016)

Area insights for LE5 5GP

Full area profile →

Overview

Postcode LE5 5GP is located in an urban city, within the Stoneygate area of Leicester in the East Midlands region, and forms part of the Highfields South area. It has very high deprivation and average crime levels, with around 60.1 crimes per 1,000 residents per year, about 37% below the East Midlands average of 96 per 1,000. The average income per household in Highfields South is £40,448 per year. The median sale price in Stoneygate is £257,000 (around £239 per square foot), with typical sale prices between £195,000 and £340,000. The nearest station is Leicester, about 0.7 miles away. There are 10 primary and 3 secondary schools in the area. There is 1 park nearby, the closest large park is Spinney Hill Park.

Crime rate
6/10
Crimes per 1k residents
60
Deprivation level
10/10
Income level
2/10
Social housing
9.2%
Connectivity
N/A
Flood Risk
No risk
Noise Level
No noise

Deprivation level

10/10

Highfields South has a very high level of deprivation, ranked at position 3,145 out of 32,844 areas in England, placing it within the top 10% most deprived areas in England.

Crime level

6/10

Highfields South has an average crime rate, with approximately 60.1 reported incidents per 1,000 population each year.

Social housing

9.2%

Approximately 9.2% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 21.6% of dwellings are socially rented.

Income level

2/10

The average income per household in Highfields South is £40,448 per year.

Noise Level

No noise

No significant noise sources from railways or roads near LE5 5GP.

Flood risk

No risk

Highfields South near LE5 5GP has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Leicester located about 0.7 miles away. There are 1 stations nearby.

Nearby public transport stations for LE5 5GP
DistanceNameLinesDirections
0.7 mi

Leicester

N/A

Walking directions to Leicester

Parks

Nearby parks and green spaces for LE5 5GP
DistanceNameSizeDirections
0.4 miSpinney Hill ParkLargeWalking directions to Spinney Hill Park

Area Profile

Population
275
Population density
20,522.4 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
29.78(-14%)
Criminal damage and arson
7.72(+4%)
Anti-social behaviour
6.62(-61%)
Public order
6.62(-4%)
Other theft
4.96(-13%)
East Midlands average

Demographics

Ethnic groups

Indian
189
68.73%
Bangladeshi
27
9.82%
African
23
8.36%
Other White
13
4.73%
Pakistani
12
4.36%
Total population: 275

Economics

Education (age 16+)

No qualifications
57
27.14%
Level 4+ (Degree)
48
22.86%
Level 3 (A level)
32
15.24%
Level 2 (GCSEs 9-4)
29
13.81%
Level 1 (GCSEs 3-1)
22
10.48%
Total 16+ residents: 210

Housing

Housing tenure

Owns outright
29
38.16%
Private landlord or letting agency
24
31.58%
Owns with a mortgage
11
14.47%
Other forms of private rent
5
6.58%
Other social rented
4
5.26%
Total households: 76

Schools

In the LE5 5GP postcode area, located within Highfields South, there are 10 primary and 3 secondary schools in close proximity.

Nearby primary and secondary schools for LE5 5GP
DistancePhaseNameTypeRating
0.2 miNot applicableImam Muhammad Adam Institute Boys SchoolOther independent school

Outstanding

0.2 miPrimaryMedway Community Primary SchoolCommunity school

Good

0.3 miPrimaryUplands Infant SchoolAcademy converter

Good

Local amenities

10 nearby supermarkets & convenience stores within 0.5 mi of LE5 5GP

Nearby supermarkets & convenience stores for LE5 5GP
DistanceNameAddressDirections
0.2 miOne Stop110-118 Evington Road, Leicester, LE2 1HHWalking directions to One Stop
0.2 miThe Co-operative Food170 Evington Road, Leicester, LE2 1HLWalking directions to The Co-operative Food
0.2 miEvington News and Off-LicenceLeicester, LE2 1HGWalking directions to Evington News and Off-Licence
0.3 miApna SupermarketMelbourne Road, Leicester, LE2 0GTWalking directions to Apna Supermarket
0.3 miGulf ShopSt Peters Road, Leicester, LE2 1DAWalking directions to Gulf Shop