1, Mere Lane
1, Mere Lane
Description & Estimates
The public record describes 1, Mere Lane, Leicester as a period house with 2,219 ft2 of internal area, sitting on a 258 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
1, Mere Lane, Leicester has an estimated sale value of £509,905 and an estimated rental value of £1,943 per month, assuming reasonable condition and based on the information available.
Mere Lane, Queniborough, Leicester, LE7 lies in the borough of Charnwood, within the LE7 postal district.
Our Data Sources
1, Mere Lane, Leicester has no records in the the Land Registry and a single entry in the EPC database dated July 2010.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 1, Mere Lane, Leicester would be worth £535,400, with a potential rental value of £2,040 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £474,211, with a rental value of £1,807 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, Mere Lane, Leicester has moved down by £7,347 (1.4%) over the last year. During the same period, its estimated monthly rental value has increased by £66 (3.4%). The property's estimated gross yield is currently 4.6%.
Plot Size
1, Mere Lane, Leicester occupies a 258 m2 plot as recorded by HM Land Registry.
Of the 21 other houses in this postcode, 16 have recorded plot sizes, and this one ranks as the 11th largest.
Energy Efficiency
1, Mere Lane, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Jul 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.5 kilometres of 1, Mere Lane, Leicester across the last 2 years.
Most recently, 53, Barkby Road, Leicester, LE7 3FE, a freehold house, sold at £486,000 on the 8th August 2024.
Read more about house prices in LE7.
•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, Mere Lane, Leicester as the 2nd largest and the 3rd most expensive of the 21 addresses on Mere Lane, Queniborough, Leicester, LE7.
Against the LE7 postcode district average, it is £151k more expensive than the typical property.
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Schools Nearby
- 500mQueniborough Church of England Primary School
- 1.5kmBroomfield Community Primary School
- 2.2kmSt Peter and St Paul Church of England Academy
- 1.8kmWreake Valley Academy
- 3.7kmThe Roundhill Academy
- 5.6kmOrchard Mead Academy
More reading links
Public Transport Nearby
Syston station is the nearest stop to 1, Mere Lane, Leicester at 2.8 kilometres away.
- 2.8kmSyston
- 5.6kmSileby
- 9.0kmBarrow-upon-Soar
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
