70A, Melrose Street
70A, Melrose Street
Description & Estimates
The public record describes 70A, Melrose Street, Leicester as a period apartment with 656 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
70A, Melrose Street, Leicester has an estimated sale value of £111,153 and an estimated rental value of £660 per month, assuming reasonable condition and based on the information available.
The apartment sits within 70, Melrose Street, Leicester, LE4.
Melrose Street, Leicester, LE4 lies within the LE4 postal district.
Our Data Sources
70A, Melrose Street, Leicester has no records in the the Land Registry and a single entry in the EPC database dated November 2014.
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
In very good condition, we estimate 70A, Melrose Street, Leicester would be worth £116,711, with a potential rental value of £693 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £103,373, with a rental value of £614 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 70A, Melrose Street, Leicester has moved down by £1,482 (1.3%) over the last year. During the same period, its estimated monthly rental value has increased by £22 (3.3%). The property's estimated gross yield is currently 7.1%.
Energy Efficiency
70A, Melrose Street, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Nov 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 390 metres of 70A, Melrose Street, Leicester across the last 2 years.
Most recently, 66A, Harrison Road, Leicester, LE4 6BS, a leasehold flat, sold at £215,000 on the 28th June 2021.
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
Our analysis of the public data ranks 70A, Melrose Street, Leicester as the 125th largest and the 128th most expensive of the 130 addresses on Melrose Street, Leicester, LE4.
Against the LE4 postcode district average, it is £141k less expensive than the typical property.
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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
Leicester station is the nearest stop to 70A, Melrose Street, Leicester at 2.1 kilometres away.
- 2.1kmLeicester
- 5.5kmSyston
- 7.6kmSouth Wigston
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
