Flat 1, 10
Flat 1, 10
Description & Estimates
The public record describes Flat 1, 10, Melbourne Street, Leicester as a period apartment with 495 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
Flat 1, 10, Melbourne Street, Leicester has an estimated sale value of £115,529 and an estimated rental value of £691 per month, assuming reasonable condition and based on the information available.
The apartment sits within 10, Melbourne Street, Leicester, LE2.
Melbourne Street, Leicester, LE2 lies within the LE2 postal district.
Our Data Sources
Flat 1, 10, Melbourne Street, Leicester has no records in the the Land Registry and a single entry in the EPC database dated August 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 1, 10, Melbourne Street, Leicester would be worth £121,305, with a potential rental value of £725 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £107,442, with a rental value of £643 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 Flat 1, 10, Melbourne Street, Leicester has grown by £124 (0.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £28 (4.1%). The property's estimated gross yield is currently 7.2%.
Energy Efficiency
Flat 1, 10, Melbourne Street, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Aug 2024.
The property is 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 330 metres of Flat 1, 10, Melbourne Street, Leicester across the last 2 years.
Most recently, Flat 2, 55, Melbourne Street, Leicester, LE2 0AS, a leasehold flat, sold at £120,000 on the 28th June 2024.
Read more about house prices in LE2.
•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 Flat 1, 10, Melbourne Street, Leicester as the 60th largest and the 58th most expensive of the 65 addresses on Melbourne Street, Leicester, LE2.
Against the LE2 postcode district average, it is £163k less expensive than the typical property.
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Schools Nearby
- 200mCharnwood Primary School
- 400mShenton Primary School
- 400mHighfields Primary School
- 500mMoat Community College
- 1.3kmMadani Girls' School
- 1.3kmMadani Boys School
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Public Transport Nearby
Leicester station is the nearest stop to Flat 1, 10, Melbourne Street, Leicester at 900 metres away.
- 900mLeicester
- 6.2kmSouth Wigston
- 6.8kmSyston
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
