Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
The public record describes 40, Melrose Street, Leicester as a period house with 885 ft2 of internal area, sitting on a 103 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
40, Melrose Street, Leicester has an estimated sale value of £218,299 and an estimated rental value of £1,118 per month, assuming reasonable condition and based on the information available.
Melrose Street, Leicester, LE4 lies within the LE4 postal district.
40, Melrose Street, Leicester has no records in the the Land Registry and a single entry in the EPC database dated February 2010.
We combine this information with public data 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.
In very good condition, we estimate 40, Melrose Street, Leicester would be worth £229,214, with a potential rental value of £1,174 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £203,018, with a rental value of £1,040 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 40, Melrose Street, Leicester has decreased by £3,645 (1.7%) over the last year. During the same period, its estimated monthly rental value has grown by £32 (2.9%). The property's estimated gross yield is currently 6.1%.
40, Melrose Street, Leicester occupies a 103 m2 plot as recorded by HM Land Registry.
Of the 29 other houses in this postcode, 27 have recorded plot sizes, and this one ranks as the 17th largest.
40, Melrose Street, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Feb 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 380 metres of 40, Melrose Street, Leicester across the last 2 years.
Most recently, 69, Melrose Street, Leicester, LE4 6FD, a freehold house, sold at £250,000 on the 9th April 2026.
Read more about house prices in LE4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 40, Melrose Street, Leicester as the 59th largest and the 109th most expensive of the 130 addresses on Melrose Street, Leicester, LE4.
Against the LE4 postcode district average, it is £34k less expensive than the typical property.
Leicester station is the nearest stop to 40, Melrose Street, Leicester at 2.1 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Melrose Street, Leicester, 45.7% of property is privately rented and 28.6% 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 40, Melrose Street, Leicester, 20.3% of residents are recorded as possessing school level qualifications and 15.2% 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 40, Melrose Street, Leicester, the average age was 38.7 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 40, Melrose Street, Leicester, 0.0% 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 40, Melrose Street, Leicester, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
