Flat 304, The Atrium 2
Flat 304, The Atrium 2
Description & Estimates
The public record lists Flat 304, The Atrium 2, Leicester as a leasehold apartment.
Comparison with its neighbours suggests a modern apartment with 628 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 304, The Atrium 2, Leicester has an estimated sale value of £106,433 and an estimated rental value of £835 per month, assuming reasonable condition and based on the information available.
The apartment sits within The Atrium, Morledge Street, Leicester, LE1.
Morledge Street, Leicester, LE1 lies within the LE1 postal district.
Our Data Sources
Flat 304, The Atrium 2, Leicester has 31 entries in the Land Registry , most recently in October 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 304, The Atrium 2, Leicester would be worth £111,755, with a potential rental value of £876 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £98,983, with a rental value of £776 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 304, The Atrium 2, Leicester has moved down by £463 (0.4%) over the last year. During the same period, its estimated monthly rental value has increased by £27 (3.2%). The property's estimated gross yield is currently 9.4%.
Sold Prices
Flat 304, The Atrium 2, Leicester last changed hands on 20th October 2015, selling for £68,500. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 49.3% since October 2015.
- Sold Oct 2015£68,500
- Sold Mar 2006£113,500
- Sold Oct 2005£106,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 320 metres of Flat 304, The Atrium 2, Leicester across the last 2 years.
Most recently, Apartment 17, Alexandra House 47, Rutland Street, Leicester, LE1 1SE, a leasehold flat, sold at £70,000 on the 26th July 2024.
Read more about house prices in LE1.
- Sold Jul 2024£70,000 | 2 Bed FlatApartment 17, Alexandra House 47, Rutland Street, Leicester, LE1 1SEApartment 17, Alexandra House 47, Rutland Street, Leicester, LE1 1SE
- Sold Jul 2024£65,000 | 2 Bed FlatFlat 420, The Atrium 2, Morledge Street, Leicester, LE1 1STFlat 420, The Atrium 2, Morledge Street, Leicester, LE1 1ST
- Sold Feb 2022£80,000 | 2 Bed FlatFlat 220, The Atrium 2, Morledge Street, Leicester, LE1 1STFlat 220, 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
Our analysis of the public data ranks Flat 304, The Atrium 2, Leicester as the 67th largest and the 85th most expensive of the 117 addresses on Morledge Street, Leicester, LE1.
Against the LE1 postcode district average, it is £115k less expensive than the typical property.
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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
Leicester station is the nearest stop to Flat 304, The Atrium 2, Leicester at 500 metres away.
- 500mLeicester
- 6.0kmSouth Wigston
- 7.2kmSyston
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
