3, Meadwell Road
3, Meadwell Road
Description & Estimates
3, Meadwell Road, Leicester is recorded publicly as a mid-century freehold house across 925 ft2 of internal area, sitting on a 419 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 3, Meadwell Road, Leicester is £208,801 and its rental estimate is £1,033 per month, given the available information and assuming reasonable condition.
Meadwell Road, Leicester, LE3 falls within the LE3 postal district.
Our Data Sources
3, Meadwell Road, Leicester has 61 entries in the Land Registry , most recently in February 2015 and a single entry in the EPC database dated September 2014.
We combine this information with that 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.
Price Range & Condition
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 3, Meadwell Road, Leicester, we estimate a market value of £219,241 and a rental value of £1,084 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £194,185 and £960 per month respectively.
Recent Market Change
Over the last year, 3, Meadwell Road, Leicester has seen its estimated sale value drop by £1,058 (0.5%) and its estimated rental value rise by £31 per month (3.0%). This results in an estimated gross rental yield of 5.9%.
Plot Size
HM Land Registry records the plot of land for 3, Meadwell Road, Leicester as measuring 419 m2.
That makes it the largest plot in the postcode, where 14 of the 31 other houses have recorded plot data.
Energy Efficiency
3, Meadwell Road, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Sep 2014.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3, Meadwell Road, Leicester completed on 2nd February 2015 at £125,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 6 times.
Values of comparable properties have risen by 108.2% over the period since February 2015.
- Sold Feb 2015£125,000
- Sold Mar 2005£77,250
- Sold Nov 2003£50,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Meadwell Road, Leicester have sold within a radius of 670 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th November 2024, was 41, Maple Avenue, Leicester, LE3 3FJ, a freehold house which sold for £250,000.
Read more about house prices in LE3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 84 addresses on Meadwell Road, Leicester, LE3, 3, Meadwell Road, Leicester comes out as the 7th largest and the most expensive in our analysis of the public data.
It is also £12k less expensive than the average property across the LE3 district.
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Schools Nearby
- 700mFossebrook Primary School
- 800mBraunstone Community Primary School
- 1.0kmKingsway Primary School
- 1.1kmThe Winstanley School
- 2.1kmThe Herewoode Academy
- 2.3kmFullhurst Community College
More reading links
Public Transport Nearby
From 3, Meadwell Road, Leicester, the nearest station is Leicester, 4.7 kilometres away.
- 4.7kmLeicester
- 6.2kmNarborough
- 6.4kmSouth Wigston
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
