Flat 113, The Atrium 2
Flat 113, The Atrium 2
Description & Estimates
Flat 113, The Atrium 2, Leicester is recorded publicly as a modern leasehold apartment across 807 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 113, The Atrium 2, Leicester is £117,598 and its rental estimate is £898 per month, given the available information and assuming reasonable condition.
The Atrium, Morledge Street is a residential building on Morledge Street, Leicester, LE1 and falls within the LE1 postal district.
Our Data Sources
Flat 113, The Atrium 2, Leicester has 31 entries in the Land Registry , most recently in May 2023 and a single entry in the EPC database dated September 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 Flat 113, The Atrium 2, Leicester, we estimate a market value of £123,478 and a rental value of £942 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £109,366 and £835 per month respectively.
Recent Market Change
Over the last year, Flat 113, The Atrium 2, Leicester has seen its estimated sale value move down by £512 (0.4%) and its estimated rental value increase by £29 per month (3.2%). This results in an estimated gross rental yield of 9.2%.
Energy Efficiency
Flat 113, The Atrium 2, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Sep 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 113, The Atrium 2, Leicester completed on 9th May 2023 at £130,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 4.3% over the period since May 2023.
- Sold May 2023£130,000
- Sold Feb 2017£98,000
- Sold Apr 2005£168,938
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 113, The Atrium 2, Leicester have sold within a radius of 320 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th June 2024, was Flat 313, The Atrium 2, Morledge Street, Leicester, LE1 1ST, a leasehold flat which sold for £120,000.
Read more about house prices in LE1.
- Sold Jun 2024£120,000 | 2 Bed FlatThe Atrium 2, Morledge StreetFlat 313, The Atrium 2, Morledge Street, Leicester, LE1 1ST
- Sold Oct 2023£92,000 | 2 Bed FlatThe Atrium 2, Morledge StreetFlat 205, The Atrium 2, Morledge Street, Leicester, LE1 1ST
- Sold Dec 2022£130,000 | 2 Bed FlatThe Atrium 2, Morledge StreetFlat 402, The Atrium 2, Morledge Street, Leicester, LE1 1ST
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 117 addresses on Morledge Street, Leicester, LE1, Flat 113, The Atrium 2, Leicester comes out as the 25th largest and the 59th most expensive in our analysis of the public data.
It is also £103k less expensive than the average property across the LE1 district.
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Schools Nearby
- 700mSparkenhoe Community Primary School
- 700mCharnwood Primary School
- 800mHighfields Primary School
- 500mMoat Community College
- 1.4kmCastle Mead Academy
- 1.9kmMadani Girls' School
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Public Transport Nearby
From Flat 113, The Atrium 2, Leicester, the nearest station is Leicester, 500 metres away.
- 500mLeicester
- 6.0kmSouth Wigston
- 7.2kmSyston
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.
