Flat 3, 10
Flat 3, 10
Description & Estimates
According to the public record, Flat 3, 10, Melbourne Street, Leicester is a period apartment with 645 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 3, 10, Melbourne Street, Leicester is £129,997 and the estimated rental value is £755 per month.
The apartment is within 10, Melbourne Street, Leicester, LE2.
Melbourne Street, Leicester, LE2 is located within the LE2 postal district.
Our Data Sources
Flat 3, 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
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 3, 10, Melbourne Street, Leicester is in very good condition we estimate a sale value of £136,496 and a rental value of £793 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £120,897 and a rental value of £702 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 3, 10, Melbourne Street, Leicester has dropped by £469 (0.4%), while its estimated rental value has risen by £25 per month (3.3%). Based on current estimates, the property offers a gross rental yield of 7.0%.
Energy Efficiency
Flat 3, 10, Melbourne Street, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 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
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 10, Melbourne Street, Leicester within a radius of 330 metres over the last 2 years.
The most recent example is Flat 2, 55, Melbourne Street, Leicester, LE2 0AS, a leasehold flat which sold for £120,000 on the 28th June 2024.
Read more about house prices in LE2.
- Sold Jun 2024£120,000 | 2 Bed Flat55, Melbourne StreetFlat 2, 55, Melbourne Street, Leicester, LE2 0AS
- Sold Mar 2022£120,000 | 2 Bed FlatPegasus Close37, Pegasus Close, Leicester, LE2 0UJ
- Sold Dec 2020£3,300,000 | 2 Bed FlatKaby Business Park 61, Nedham StreetUnit 5, Kaby Business Park 61, Nedham Street, Leicester, LE2 0HE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Melbourne Street, Leicester, LE2 has a total of 65 addresses. According to our analysis of all the public data, Flat 3, 10, Melbourne Street, Leicester is the 47th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £149k less expensive than the average property in LE2.
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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
More reading links
Public Transport Nearby
The closest station to Flat 3, 10, Melbourne Street, Leicester is Leicester station, which is 900 metres away.
- 900mLeicester
- 6.2kmSouth Wigston
- 6.8kmSyston
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
