70, Melrose Street
70, Melrose Street
Description & Estimates
70, Melrose Street, Leicester is described in the public record as a period apartment with 722 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 70, Melrose Street, Leicester is £115,900 and its rental estimate is £680 per month, given the available information and assuming reasonable condition.
70, Melrose Street is a residential building on Melrose Street, Leicester, LE4 and falls within the LE4 postal district.
Our Data Sources
70, Melrose Street, Leicester has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2011.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 70, Melrose Street, Leicester, we estimate a market value of £121,695 and a rental value of £714 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £107,787 and £633 per month respectively.
Recent Market Change
Over the last year, 70, Melrose Street, Leicester has seen its estimated sale value decrease by £931 (0.8%) and its estimated rental value grow by £27 per month (4.0%). This results in an estimated gross rental yield of 7.0%.
Energy Efficiency
70, Melrose Street, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Sep 2011.
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 70, Melrose Street, Leicester completed on 30th March 1995 at £43,750 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
- Sold Mar 1995£43,750
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 70, Melrose Street, Leicester have sold within a radius of 390 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th June 2021, was 66A, Harrison Road, Leicester, LE4 6BS, a leasehold flat which sold for £215,000.
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, 70, Melrose Street, Leicester comes out as the 123rd largest and the 127th most expensive in our analysis of the public data.
It is also £137k less expensive than the average property across the LE4 district.
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Schools Nearby
- 400mCatherine Infant School
- 400mCatherine Junior School
- 500mSaint Patrick's Catholic Voluntary Academy
- 1.4kmSoar Valley College
- 1.5kmRushey Mead Academy
- 1.9kmMoat Community College
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Public Transport Nearby
From 70, 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 superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
