54, Melbourne Street
54, Melbourne Street
Description & Estimates
According to the public record, 54, Melbourne Street, Leicester is a period house with 2,195 ft2 of internal area and sits on a 125 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 54, Melbourne Street, Leicester is £381,375 and the estimated rental value is £1,611 per month.
Melbourne Street, Leicester, LE2 is located within the LE2 postal district.
Our Data Sources
54, Melbourne Street, Leicester has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 54, Melbourne Street, Leicester is in very good condition we estimate a sale value of £400,444 and a rental value of £1,691 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £354,679 and a rental value of £1,498 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 54, Melbourne Street, Leicester has declined by £2,591 (0.7%), while its estimated rental value has climbed by £44 per month (2.7%). Based on current estimates, the property offers a gross rental yield of 5.1%.
Plot Size
According to data from HM Land Registry, 54, Melbourne Street, Leicester sits on a plot of 125 m2.
We have plot size data on 34 out of 35 other houses in the postcode and 54, Melbourne Street, Leicester sits on the 9th largest plot.
Energy Efficiency
54, Melbourne Street, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Jun 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, 54, Melbourne Street, Leicester was last sold on 21st May 1999 for £51,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
- Sold May 1999£51,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there has been 1 sale of a property similar to 54, Melbourne Street, Leicester within a radius of 290 metres over the last 2 years.
The most recent example is 5, Morley Road, Leicester, LE5 3HP, a freehold house which sold for £210,000 on the 29th September 2017.
Read more about house prices in LE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Melbourne Street, Leicester, LE2 has a total of 65 addresses. According to our analysis of all the public data, 54, Melbourne Street, Leicester is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £102k more expensive than the average property in LE2.
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Schools Nearby
- 200mCharnwood Primary School
- 400mShenton Primary School
- 400mHighfields Primary School
- 500mMoat Community College
- 1.3kmMadani Girls' School
- 1.3kmMadani Boys School
More reading links
Public Transport Nearby
The closest station to 54, Melbourne Street, Leicester is Leicester station, which is 900 metres away.
- 900mLeicester
- 6.2kmSouth Wigston
- 6.8kmSyston
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
