14A, Melrose Street
14A, Melrose Street
Description & Estimates
14A, Melrose Street, Leicester appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a period house with 1,093 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 14A, Melrose Street, Leicester is £244,568 and its rental estimate is £1,219 per month, given the available information and assuming reasonable condition.
Melrose Street, Leicester, LE4 falls within the LE4 postal district.
Our Data Sources
14A, Melrose Street, Leicester has a single entry in the Land Registry from December 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 14A, Melrose Street, Leicester, we estimate a market value of £256,796 and a rental value of £1,280 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £227,448 and £1,134 per month respectively.
Recent Market Change
Over the last year, 14A, Melrose Street, Leicester has seen its estimated sale value drop by £4,300 (1.8%) and its estimated rental value rise by £36 per month (2.9%). This results in an estimated gross rental yield of 6.0%.
Sold Prices
The most recent sale of 14A, Melrose Street, Leicester completed on 23rd December 2015 at £186,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 56.3% over the period since December 2015.
- Sold Dec 2015£186,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 14A, Melrose Street, Leicester have sold within a radius of 360 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd May 2025, was 76, Belper Street, Leicester, LE4 6EA, 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, 14A, Melrose Street, Leicester comes out as the 22nd largest and the 52nd most expensive in our analysis of the public data.
It is also £8k less expensive than the average property across the LE4 district.
More reading links
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
More reading links
Public Transport Nearby
From 14A, 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.
