Flat 1, 2
Flat 1, 2
Description & Estimates
The public record describes Flat 1, 2, Morland Avenue, Leicester as a modern apartment with 559 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 1, 2, Morland Avenue, Leicester has an estimated sale value of £187,871 and an estimated rental value of £957 per month, assuming reasonable condition and based on the information available.
The apartment sits within 2, Morland Avenue, Leicester, LE2.
Morland Avenue, Leicester, LE2 lies within the LE2 postal district.
Our Data Sources
Flat 1, 2, Morland Avenue, Leicester has no records in the the Land Registry and a single entry in the EPC database dated March 2021.
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 Flat 1, 2, Morland Avenue, Leicester would be worth £197,265, with a potential rental value of £1,005 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £174,720, with a rental value of £890 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, 2, Morland Avenue, Leicester has dropped by £678 (0.4%) over the last year. During the same period, its estimated monthly rental value has risen by £32 (3.3%). The property's estimated gross yield is currently 6.1%.
Energy Efficiency
Flat 1, 2, Morland Avenue, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Mar 2021.
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 3 sales of comparable properties within 680 metres of Flat 1, 2, Morland Avenue, Leicester across the last 2 years.
Most recently, Flat 10, Stoneygate Grange 26, Elms Road, Leicester, LE2 3JB, a leasehold flat, sold at £198,750 on the 29th September 2022.
Read more about house prices in LE2.
- Sold Sep 2022£198,750 | 2 Bed FlatStoneygate Grange 26, Elms RoadFlat 10, Stoneygate Grange 26, Elms Road, Leicester, LE2 3JB
- Sold Mar 2016£112,000 | 2 Bed FlatStoneygate Grange 26, Elms RoadFlat 9, Stoneygate Grange 26, Elms Road, Leicester, LE2 3JB
- Sold Mar 2015£143,000 | 2 Bed FlatStoneygate Grange 26, Elms RoadFlat 4, Stoneygate Grange 26, Elms Road, Leicester, LE2 3JB
•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, 2, Morland Avenue, Leicester as the 47th largest and the 40th most expensive of the 53 addresses on Morland Avenue, Leicester, LE2.
Against the LE2 postcode district average, it is £91k less expensive than the typical property.
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Schools Nearby
- 900mSt Thomas More Catholic Voluntary Academy
- 1.2kmOverdale Junior School
- 1.3kmOverdale Infant School
- 1.9kmSir Jonathan North Girls' College
- 2.0kmLancaster Academy
- 2.0kmMadani Girls' School
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Public Transport Nearby
Leicester station is the nearest stop to Flat 1, 2, Morland Avenue, Leicester at 3.0 kilometres away.
- 3.0kmLeicester
- 4.0kmSouth Wigston
- 8.3kmNarborough
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.
