57, Melrose Street
57, Melrose Street
Description & Estimates
57, Melrose Street, Leicester is recorded publicly as a period freehold house across 936 ft2 of internal area, sitting on a 70.4 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 57, Melrose Street, Leicester is £246,000 and its rental estimate is £1,166 per month, given the available information and assuming reasonable condition.
Melrose Street, Leicester, LE4 falls within the LE4 postal district.
Our Data Sources
57, Melrose Street, Leicester has 2 entries in the Land Registry , most recently in November 2023 and a single entry in the EPC database dated July 2023.
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.
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 57, Melrose Street, Leicester, we estimate a market value of £258,300 and a rental value of £1,225 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £228,780 and £1,085 per month respectively.
Recent Market Change
Over the last year, 57, Melrose Street, Leicester has seen its estimated sale value decline by £4,108 (1.7%) and its estimated rental value climb by £34 per month (2.9%). This results in an estimated gross rental yield of 5.7%.
Plot Size
HM Land Registry records the plot of land for 57, Melrose Street, Leicester as measuring 70 m2.
That makes it the 31st largest plot in the postcode, where 32 of the 37 other houses have recorded plot data.
Energy Efficiency
57, Melrose Street, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 57, Melrose Street, Leicester completed on 3rd November 2023 at £250,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 3.0% over the period since November 2023.
- Sold Nov 2023£250,000
- Sold Sep 2015£149,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 57, 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.
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Location Comparison
Of the 130 addresses on Melrose Street, Leicester, LE4, 57, Melrose Street, Leicester comes out as the 44th largest and the 49th most expensive in our analysis of the public data.
It is also £7k less expensive than the average property across the LE4 district.
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Schools Nearby
- 300mCatherine Junior School
- 400mCatherine Infant School
- 500mSaint Patrick's Catholic Voluntary Academy
- 1.4kmSoar Valley College
- 1.5kmRushey Mead Academy
- 1.8kmMoat Community College
More reading links
Public Transport Nearby
From 57, Melrose Street, Leicester, the nearest station is Leicester, 2.1 kilometres away.
- 2.1kmLeicester
- 5.5kmSyston
- 7.6kmSouth 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.
