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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
The public record describes 31A, Melbourne Road, Leicester as a period apartment with 731 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
31A, Melbourne Road, Leicester has an estimated sale value of £101,937 and an estimated rental value of £653 per month, assuming reasonable condition and based on the information available.
Melbourne Road, Leicester, LE2 lies within the LE2 postal district.
31A, Melbourne Road, Leicester has no records in the the Land Registry and a single entry in the EPC database dated December 2018.
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.
In very good condition, we estimate 31A, Melbourne Road, Leicester would be worth £107,034, with a potential rental value of £686 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £94,801, with a rental value of £607 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 31A, Melbourne Road, Leicester has climbed by £109 (0.1%) over the last year. During the same period, its estimated monthly rental value has risen by £27 (4.1%). The property's estimated gross yield is currently 7.7%.
31A, Melbourne Road, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Dec 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 320 metres of 31A, Melbourne Road, Leicester across the last 2 years.
Most recently, 71A, Melbourne Road, Leicester, LE2 0GU, a leasehold flat, sold at £80,000 on the 7th December 2016.
Read more about house prices in LE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 31A, Melbourne Road, Leicester as the 91st largest and the 101st most expensive of the 119 addresses on Melbourne Road, Leicester, LE2.
Against the LE2 postcode district average, it is £177k less expensive than the typical property.
Leicester station is the nearest stop to 31A, Melbourne Road, Leicester at 800 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 31A, Melbourne Road, Leicester, 49.1% of property is privately rented and 25.9% is socially rented.
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 31A, Melbourne Road, Leicester, 31.9% of residents are recorded as possessing school level qualifications and 19.4% 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 31A, Melbourne Road, Leicester, the average age was 33.2 and the most common age was 22.
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 31A, Melbourne Road, 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 31A, Melbourne Road, Leicester, there are an average of 0.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
