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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
38, Meadvale Road, Leicester is recorded publicly as an early-century freehold house across 1,043 ft2 of internal area, sitting on a 417 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 38, Meadvale Road, Leicester is £366,208 and its rental estimate is £1,146 per month, given the available information and assuming reasonable condition.
Meadvale Road, Leicester, LE2 falls within the LE2 postal district.
38, Meadvale Road, Leicester has 21 entries in the Land Registry , most recently in November 2015 and a single entry in the EPC database dated February 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 38, Meadvale Road, Leicester, we estimate a market value of £384,518 and a rental value of £1,204 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £340,573 and £1,066 per month respectively.
Over the last year, 38, Meadvale Road, Leicester has seen its estimated sale value decline by £1,684 (0.5%) and its estimated rental value climb by £37 per month (3.2%). This results in an estimated gross rental yield of 3.8%.
HM Land Registry records the plot of land for 38, Meadvale Road, Leicester as measuring 417 m2.
That makes it the 11th largest plot in the postcode, where 24 of the 26 other houses have recorded plot data.
38, Meadvale Road, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Feb 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 38, Meadvale Road, Leicester completed on 27th November 2015 at £228,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 17.9% over the period since November 2015.
Over the past 2 years 3 properties similar to 38, Meadvale Road, Leicester have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th June 2024, was 20, Meadvale Road, Leicester, LE2 3WJ, a freehold house which sold for £380,000.
Read more about house prices in LE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 114 addresses on Meadvale Road, Leicester, LE2, 38, Meadvale Road, Leicester comes out as the 59th largest and the 43rd most expensive in our analysis of the public data.
It is also £87k more expensive than the average property across the LE2 district.
From 38, Meadvale Road, Leicester, the nearest station is South Wigston, 2.7 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 38, Meadvale Road, Leicester, 39.5% of property is privately owned with a mortgage and 38.8% is privately owned outright.
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 38, Meadvale Road, Leicester, 22.5% of residents are recorded as possessing school level qualifications and 43.6% 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 38, Meadvale Road, Leicester, the average age was 43 and the most common age was 52.
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 38, Meadvale Road, Leicester, 0.7% 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 38, Meadvale Road, Leicester, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
