FLAT 1, 252, MERE ROAD, LEICESTER, LE5 5GP - £89,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FLAT 1 252 MERE ROAD is a flat, which could now be worth an estimated £134,093. It was last sold for £89,000 in July 2005, which was around 5% below the average July 2005 flat price in the Leicester local authority area.

FLAT 1 252 MERE ROAD Sold Prices

Land registry data shows four sales for FLAT 1 252 MERE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Leicester local authority area for the corresponding sale date. All of the four FLAT 1 252 MERE ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2005 15 JUL	£89,000	£93,401	5% below HPI
2004 30 JUL	£75,500	£88,155	14% below HPI
2001 21 NOV	£30,000	£44,856	33% below HPI
2001 10 APR	£24,000	£39,068	39% below HPI

What might FLAT 1 252 MERE ROAD be worth now?

FLAT 1 252 MERE ROAD might now be worth an estimated £134,093.

This is based on house price inflation of 50.7%, between July 2005 and July 2026, for flats, in the Leicester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.7% inflationary increase is applied to the most recent sale price for FLAT 1 252 MERE ROAD of £89,000 on 15th July 2005. For the value to have increased from £89,000 to £134,093 over the 21 years to July 2026, the following assumptions must hold true:

• The value of FLAT 1 252 MERE ROAD has moved in line with the HPI for flats in the Leicester local authority area.
• The July 2005 sale price of £89,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 1 252 MERE ROAD has not materially changed since July 2005.

Where is FLAT 1 252 MERE ROAD?

FLAT 1, 252 MERE ROAD is located in LEICESTER, in the LE5 postcode district.