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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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2, The Mere, Leicester is described in the public record as a modern house with 3,541 ft2 of internal area, sitting on a 1,579 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 2, The Mere, Leicester is £698,174 and its rental estimate is £2,310 per month, given the available information and assuming reasonable condition.
The Mere, Great Glen, Leicester, LE8 falls within the LE8 postal district, in the borough of Harborough.
2, The Mere, Leicester has no records in the the Land Registry and a single entry in the EPC database dated May 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, The Mere, Leicester, we estimate a market value of £733,083 and a rental value of £2,425 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £649,302 and £2,148 per month respectively.
Over the last year, 2, The Mere, Leicester has seen its estimated sale value fall by £2,778 (0.4%) and its estimated rental value move up by £58 per month (2.5%). This results in an estimated gross rental yield of 4.0%.
HM Land Registry records the plot of land for 2, The Mere, Leicester as measuring 1,579 m2.
That makes it the 2nd largest plot in the postcode, where 4 of the 8 other houses have recorded plot data.
2, The Mere, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 May 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, LPG.
Over the past 2 years 2 properties similar to 2, The Mere, Leicester have sold within a radius of 1.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th November 2022, was 19, Coverside Road, Leicester, LE8 9EB, a freehold house which sold for £565,000.
Read more about house prices in LE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 8 addresses on The Mere, Great Glen, Leicester, LE8, 2, The Mere, Leicester comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £369k more expensive than the average property across the LE8 district.
From 2, The Mere, Leicester, the nearest station is South Wigston, 6.6 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, The Mere, Leicester, 57.0% of property is privately owned outright and 22.8% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, The Mere, Leicester, 17.1% of residents are recorded as possessing school level qualifications and 37.8% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, The Mere, Leicester, the average age was 42.4 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, The Mere, Leicester, 2.1% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, The Mere, Leicester, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
