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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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According to the public record, 253, Mere Road, Leicester is a period house with 495 ft2 of internal area and sits on a 67.6 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 253, Mere Road, Leicester is £162,639 and the estimated rental value is £832 per month.
Mere Road, Leicester, LE5 is located within the LE5 postal district.
253, Mere Road, Leicester has no records in the the Land Registry and a single entry in the EPC database dated August 2024.
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.
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 253, Mere Road, Leicester is in very good condition we estimate a sale value of £170,771 and a rental value of £873 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £151,254 and a rental value of £773 per month.
Over the last 12 months the sale value of 253 Mere Road Leicester has decreased by an estimated £1,323 (0.8%) and its rental value has increased by an estimated £34 per month (4.1%), giving an expected gross yield of 6.1%.
According to data from HM Land Registry, 253, Mere Road, Leicester sits on a plot of 68m2.
We have plot size data on 25 out of 35 other houses in the postcode and 253, Mere Road, Leicester sits on the 17th largest plot.
253, Mere Road, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Aug 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 253, Mere Road, Leicester within a radius of 300 metres over the last 2 years.
The most recent example is 36, Myrtle Road, Leicester, LE2 1FT, a freehold house which sold for £66,000 on the 15th October 2007.
Read more about house prices in LE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mere Road, Leicester, LE5 has a total of 333 addresses. According to our analysis of all the public data, 253, Mere Road, Leicester is the 258th largest and the 222nd most expensive property on the street.
When compared to the postcode district it is £109k less expensive than the average property in LE5.
The closest station to 253, Mere Road, Leicester is Leicester station which is 1.1 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 253, Mere Road, Leicester, 38.1% of property is socially rented and 35.7% is privately rented.
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 253, Mere Road, Leicester, 25.8% of residents are recorded as possessing school level qualifications and 25.5% 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 253, Mere Road, Leicester, the average age was 33.2 and the most common age was 22.
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 253, Mere Road, Leicester, 1.0% 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 253, Mere Road, Leicester, there are an average of 0.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
