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According to the public record, Flat 2, 103, Melbourne Road, Leicester is a period apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 103, Melbourne Road, Leicester is £94,190 and the estimated rental value is £611 per month.
The apartment is within 103, Melbourne Road, Leicester, LE2.
Melbourne Road, Leicester, LE2 is located within the LE2 postal district.
Flat 2, 103, Melbourne Road, Leicester has no records in the the Land Registry and a single entry in the EPC database dated January 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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 2, 103, Melbourne Road, Leicester is in very good condition we estimate a sale value of £98,899 and a rental value of £641 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £87,597 and a rental value of £568 per month.
Over the last 12 months the sale value of Flat 2 103 Melbourne Road Leicester has decreased by an estimated £340 (0.4%) and its rental value has increased by an estimated £20 per month (3.3%), giving an expected gross yield of 7.8%.
Flat 2, 103, Melbourne Road, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Jan 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 2, 103, Melbourne Road, Leicester within a radius of 290 metres over the last 2 years.
The most recent example is Flat 2, 34, Berners Street, Leicester, LE2 0AF, a leasehold flat which sold for £65,000 on the 9th February 2007.
Read more about house prices in LE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melbourne Road, Leicester, LE2 has a total of 119 addresses. According to our analysis of all the public data, Flat 2, 103, Melbourne Road, Leicester is the 109th largest and the 102nd most expensive property on the street.
When compared to the postcode district it is £185k less expensive than the average property in LE2.
The closest station to Flat 2, 103, Melbourne Road, Leicester is Leicester station which is 900 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 103, Melbourne Road, Leicester, 44.4% of property is privately owned outright and 22.2% is privately owned with a mortgage.
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 Flat 2, 103, Melbourne Road, Leicester, 26.6% of residents are recorded as possessing school level qualifications and 17.0% 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 Flat 2, 103, Melbourne Road, Leicester, the average age was 33.5 and the most common age was 12.
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 Flat 2, 103, 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 Flat 2, 103, Melbourne Road, Leicester, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.