1, Melrose Street
1, Melrose Street
Description & Estimates
Public records show 1, Melrose Street, Leicester to be a period freehold house with 1,108 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
1, Melrose Street, Leicester has an estimated sale value of £271,455 and an estimated rental value of £1,262 per month, assuming reasonable condition and based on the information available.
Melrose Street, Leicester, LE4 lies within the LE4 postal district.
Our Data Sources
1, Melrose Street, Leicester has 3 entries in the Land Registry , most recently in November 2024 and a single entry in the EPC database dated October 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 1, Melrose Street, Leicester would be worth £285,027, with a potential rental value of £1,325 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £252,453, with a rental value of £1,174 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Melrose Street, Leicester has dropped by £4,773 (1.8%) over the last year. During the same period, its estimated monthly rental value has risen by £37 (2.9%). The property's estimated gross yield is currently 5.6%.
Energy Efficiency
1, Melrose Street, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Oct 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
1, Melrose Street, Leicester last changed hands on 29th November 2024, selling for £277,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 4.3% since November 2024.
- Sold Nov 2024£277,000
- Sold Jan 2016£145,000
- Sold Nov 2008£66,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 360 metres of 1, Melrose Street, Leicester across the last 2 years.
Most recently, 82, Doncaster Road, Leicester, LE4 6JH, a freehold house, sold at £300,000 on the 17th October 2024.
Read more about house prices in LE4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, Melrose Street, Leicester as the 20th largest and the 10th most expensive of the 130 addresses on Melrose Street, Leicester, LE4.
Against the LE4 postcode district average, it is £19k more expensive than the typical property.
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Schools Nearby
- 300mCatherine Junior School
- 400mCatherine Infant School
- 500mSaint Patrick's Catholic Voluntary Academy
- 1.4kmSoar Valley College
- 1.5kmRushey Mead Academy
- 1.8kmMoat Community College
More reading links
Public Transport Nearby
Leicester station is the nearest stop to 1, Melrose Street, Leicester at 2.1 kilometres away.
- 2.1kmLeicester
- 5.5kmSyston
- 7.6kmSouth Wigston
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
