24, Melbourne Street
24, Melbourne Street
Description & Estimates
According to the public record, 24, Melbourne Street, Leicester is a period house with 1,689 ft2 of internal area and sits on a 121 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 24, Melbourne Street, Leicester is £329,923 and the estimated rental value is £1,357 per month.
Melbourne Street, Leicester, LE2 is located within the LE2 postal district.
Our Data Sources
24, Melbourne Street, Leicester has no records in the the Land Registry and a single entry in the EPC database dated March 2016.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 24, Melbourne Street, Leicester is in very good condition we estimate a sale value of £346,419 and a rental value of £1,425 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £306,828 and a rental value of £1,262 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 24, Melbourne Street, Leicester has fallen by £2,615 (0.8%), while its estimated rental value has moved up by £40 per month (3.0%). Based on current estimates, the property offers a gross rental yield of 4.9%.
Plot Size
According to data from HM Land Registry, 24, Melbourne Street, Leicester sits on a plot of 121 m2.
We have plot size data on 34 out of 35 other houses in the postcode and 24, Melbourne Street, Leicester sits on the 10th largest plot.
Energy Efficiency
24, Melbourne Street, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Mar 2016.
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
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Melbourne Street, Leicester within a radius of 320 metres over the last 2 years.
The most recent example is 19, Sherrard Road, Leicester, LE5 3DR, a freehold house which sold for £270,000 on the 27th February 2023.
Read more about house prices in LE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Melbourne Street, Leicester, LE2 has a total of 65 addresses. According to our analysis of all the public data, 24, Melbourne Street, Leicester is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £51k more expensive than the average property in LE2.
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Schools Nearby
- 200mCharnwood Primary School
- 400mShenton Primary School
- 400mHighfields Primary School
- 500mMoat Community College
- 1.3kmMadani Girls' School
- 1.3kmMadani Boys School
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Public Transport Nearby
The closest station to 24, Melbourne Street, Leicester is Leicester station, which is 900 metres away.
- 900mLeicester
- 6.2kmSouth Wigston
- 6.8kmSyston
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
