28, Melrose Street
28, Melrose Street
Description & Estimates
According to the public record, 28, Melrose Street, Leicester is a period freehold house with 1,173 ft2 of internal area and sits on a 118 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 28, Melrose Street, Leicester is £264,192 and the estimated rental value is £1,294 per month.
Melrose Street, Leicester, LE4 is located within the LE4 postal district.
Our Data Sources
28, Melrose Street, Leicester has a single entry in the Land Registry from February 2022 and a single entry in the EPC database dated November 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 28, Melrose Street, Leicester is in very good condition we estimate a sale value of £277,401 and a rental value of £1,359 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £245,698 and a rental value of £1,203 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 28, Melrose Street, Leicester has fallen by £4,645 (1.8%), while its estimated rental value has moved up by £38 per month (2.9%). Based on current estimates, the property offers a gross rental yield of 5.9%.
Plot Size
According to data from HM Land Registry, 28, Melrose Street, Leicester sits on a plot of 118 m2.
We have plot size data on 27 out of 29 other houses in the postcode and 28, Melrose Street, Leicester sits on the 13th largest plot.
Energy Efficiency
28, Melrose Street, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Nov 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 28, Melrose Street, Leicester was last sold on 25th February 2022 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2022, the market for similar properties has risen by 3.0%.
- Sold Feb 2022£250,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28, Melrose Street, Leicester within a radius of 370 metres over the last 2 years.
The most recent example is 1, Melrose Street, Leicester, LE4 6FD, a freehold house which sold for £277,000 on the 29th November 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
Melrose Street, Leicester, LE4 has a total of 130 addresses. According to our analysis of all the public data, 28, Melrose Street, Leicester is the 16th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £12k more expensive than the average property in LE4.
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Schools Nearby
- 400mCatherine Infant School
- 400mCatherine Junior School
- 500mSaint Patrick's Catholic Voluntary Academy
- 1.4kmSoar Valley College
- 1.5kmRushey Mead Academy
- 1.9kmMoat Community College
More reading links
Public Transport Nearby
The closest station to 28, Melrose Street, Leicester is Leicester station, which is 2.1 kilometres away.
- 2.1kmLeicester
- 5.5kmSyston
- 7.6kmSouth Wigston
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
