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Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 48, Melrose Street, Leicester is £212,446 and its rental estimate is £1,099 per month, given the available information and assuming reasonable condition.
Melrose Street, Leicester, LE4 falls within the LE4 postal district.
48, Melrose Street, Leicester has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2014.
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.
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 48, Melrose Street, Leicester, we estimate a market value of £223,068 and a rental value of £1,154 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £197,575 and £1,022 per month respectively.
Over the last year, 48, Melrose Street, Leicester has seen its estimated sale value decrease by £3,547 (1.7%) and its estimated rental value grow by £32 per month (2.9%). This results in an estimated gross rental yield of 6.2%.
HM Land Registry records the plot of land for 48, Melrose Street, Leicester as measuring 102 m2.
That makes it the 20th largest plot in the postcode, where 27 of the 29 other houses have recorded plot data.
48, Melrose Street, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Apr 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 48, Melrose Street, Leicester completed on 24th December 1997 at £29,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Over the past 2 years 3 properties similar to 48, Melrose Street, Leicester have sold within a radius of 380 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th April 2026, was 69, Melrose Street, Leicester, LE4 6FD, a freehold house which sold for £250,000.
Read more about house prices in LE4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 130 addresses on Melrose Street, Leicester, LE4, 48, Melrose Street, Leicester comes out as the 94th largest and the 116th most expensive in our analysis of the public data.
It is also £40k less expensive than the average property across the LE4 district.
From 48, Melrose Street, Leicester, the nearest station is Leicester, 2.1 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 48, 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 48, 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 48, 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 48, 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 48, 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.